The US-listed shares of Wipro surged over 18% in Wall Street trading on Thursday, May 28. Wipro’s American Depositary Receipt (ADR) jumped 18.54% to $2.430 on NYSE.
During the session, Wipro ADR price surged over 21% to an intraday high of $2.490.
The rally in Wipro ADR came after the IT major announced its expanded partnership with ServiceNow to implement and scale the impact of agentic AI workflows across core enterprise functions such as IT, HR, procurement, and cybersecurity.
Under this expanded partnership, Wipro will integrate Wipro Intelligence, its unified suite of AI-powered platforms, solutions, and transformative offerings, with the ServiceNow AI Platform enabling organizations to streamline the initiation, orchestration, and execution of work across enterprise systems.
