Shares of Wipro Ltd ended flat after touching a day’s high of Rs 244.77 on 30th October, despite the company announcing on Wednesday (29th October) that it has signed a multi-year strategic agreement with US-based apparel brand HanesBrands to revamp the brand’s IT infrastructure and cybersecurity operations with an AI-first approach.

Wipro will use its AI platform, Wipro Intelligence™ WINGS, to help HanesBrands shift to a unified, AI-driven managed services model to cut IT costs and improve efficiency.

The partnership will focus on streamlining operations, strengthening regulatory compliance, and enhancing the IT experience for customers, suppliers, and employees.

Wipro will also enhance HanesBrands’ cybersecurity through AI-powered predictive monitoring, automated security workflows, and faster incident resolution.

HanesBrands said the collaboration marks a key step in transforming its IT operations and improving customer and partner experiences. The company will also gain access to Wipro’s Innovation Network, including its labs, AI ventures, academic collaborations, and tech partners.

At 3:30 PM, shares of Wipro ended 0.12% lower at Rs 242 on NSE.

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