Technical analyst Hitendra Vasudeo has maintained 'buy' rating on Wipro Limited stock with targets of Rs 457.30.

Mr. Prasad said that the next target for the day is Rs 466.80.

According to analyst, the investors can buy the stock with stop loss of Rs 445.60.

The stock of the company, on March 10, closed at Rs 453.75 on the Bombay Stock Exchange (BSE).

The share price has seen a 52-week high of Rs 499.90 and a low of Rs 327.85 on BSE.

Current EPS & P/E ratio stood at 20.93 and 21.58 respectively.

International software giant Wipro inked a 5-year agreement with state-owned Canara Bank to carry out its regional rustic bank scheme.

To start with, Wipro will offer its core banking solution to the 3 provincial rustic banking institutions backed by the bank including Shreya Gramin in UP, Pragathi Gramin Bank in Karnataka and South Malabar Gramin Bank in Kerala.

Wipro vice president Anand Sankaran stated that the plan will allow the banking institution to attain financial inclusion and bring low-priced banking services to the rustic regions.

Mr. Sankaran said, "The core banking solution will facilitate efficient internal operations for the three rural banks in offering innovative products and services at optimum costs."

Canara Bank directs to incorporate around 900 divisions as well as offices in a synchronized manner with additional counters, instruction centres, data centre, disaster recovery centre and network operations centre.