Wipro secures multi-year smart grid contract from Saudi Arabia's National Grid SA
As part of the agreement, Wipro will design, build, and maintain the smart infrastructure and applications required for the MDM system. The solution will enable real-time monitoring of power flow, voltage, and equipment performance, helping National Grid SA strengthen grid stability and responsiveness.
The smart system will also support advanced forecasting, reporting, and predictive maintenance—helping detect faults faster and improve energy usage visibility. Ultimately, the initiative is expected to lower operational costs, reduce outages, and offer a better energy experience for end users across Saudi Arabia.
Vinay Firake, CEO – Asia Pacific, India, Middle East & Africa (APMEA), Wipro Limited, said, 'We are excited to build a long-standing relationship with National Grid SA and are dedicated to assisting them in navigating the evolving energy landscape. With our deep domain expertise in the energy sector, smart solutions and advanced technological capabilities, we are proud to contribute to projects that are essential to the Kingdom's Vision 2030 and help the Kingdom realize its innovation and digitalization ambitions.'
Ahmedabad Plane Crash
Aman Shukla is a post-graduate in mass communication . A media enthusiast who has a strong hold on communication ,content writing and copy writing. Aman is currently working as journalist at BusinessUpturn.com
Hashtags
Try Our AI Features
Explore what Daily8 AI can do for you:
Comments
No comments yet...
Related Articles
Business Upturn
8 minutes ago
- Business Upturn
Flair Writing shares jump 6% as Q1 revenue rises 16.6% YoY to Rs 288 crore, Ebitda up 17.7%
By Aman Shukla Published on July 29, 2025, 09:43 IST Flair Writing Industries Ltd shares surged over 6% in Tuesday's trade after the company reported robust financial results for the first quarter of FY26. Flair Writing Q1FY26 Results For the quarter ended June 30, 2025, Flair Writing reported a 16.6% increase in consolidated revenue to Rs 288 crore, compared to Rs 247 crore in Q1FY25. The company's operating performance also improved, with EBITDA rising 17.7% to Rs 48.94 crore, against Rs 41.57 crore a year ago. EBITDA margin expanded by 16 basis points to 16.99%. Net profit for the quarter stood at Rs 28.6 crore, up 7.9% YoY from Rs 26.5 crore in the same period last year. Stock Performance Flair Writing shares opened at Rs 315.00 and touched an intraday high of Rs 338.10, close to its 52-week high of Rs 342.50. The stock hit a low of Rs 313.10 during the session. As of the latest update, it was trading 6% higher over its previous close of Rs 317.80. Notably, the stock has surged significantly from its 52-week low of Rs 194.03. Disclaimer: The information provided is for informational purposes only and should not be considered financial or investment advice. Stock market investments are subject to market risks. Always conduct your own research or consult a financial advisor before making investment decisions. Author or Business Upturn is not liable for any losses arising from the use of this information. Ahmedabad Plane Crash Aman Shukla is a post-graduate in mass communication . A media enthusiast who has a strong hold on communication ,content writing and copy writing. Aman is currently working as journalist at
Business Upturn
11 minutes ago
- Business Upturn
Go Digit shares jump 4% as Q1 net profit rises 36.5% YoY to Rs 138 crore
By Aman Shukla Published on July 29, 2025, 09:27 IST Go Digit General Insurance shares rallied 4% on Tuesday after the company posted a strong set of earnings for the first quarter of FY26. The stock opened at ₹354.00, higher than the previous close of ₹344.00, and touched an intraday high of ₹362.20 before showing some consolidation. Despite trading below its 52-week high of ₹407.40, the stock remains well above its 52-week low of ₹264.60, reflecting steady investor interest. As of 9:27 AM, the shares were trading 3.66% higher at Rs 356.60. In its Q1FY26 results, Go Digit reported a net profit of ₹138 crore, marking a 36.5% increase compared to ₹101 crore in the same quarter last year. Net premium income also rose modestly by 2.3%, reaching ₹1,865 crore versus ₹1,824 crore year-on-year. Disclaimer: The information provided is for informational purposes only and should not be considered financial or investment advice. Stock market investments are subject to market risks. Always conduct your own research or consult a financial advisor before making investment decisions. Author or Business Upturn is not liable for any losses arising from the use of this information. Ahmedabad Plane Crash Aman Shukla is a post-graduate in mass communication . A media enthusiast who has a strong hold on communication ,content writing and copy writing. Aman is currently working as journalist at
Business Upturn
11 minutes ago
- Business Upturn
NACL Industries shares hits 5% upper circuit on strong Q1 results
By Aman Shukla Published on July 29, 2025, 09:36 IST NACL Industries shares hit the 5% upper circuit on Tuesday, July 29, 2025, following the announcement of robust Q1FY26 results. The stock surged after the company posted a strong turnaround in its earnings, lifting investor sentiment. According to the consolidated financials, NACL Industries reported a revenue of Rs 448 crore for the April–June quarter, marking a sharp 37.8% jump from Rs 325 crore in the same period last year. The company also swung to profitability, posting a net profit of Rs 13 crore, compared to a loss of Rs 20.8 crore in Q1FY25. Operating performance improved significantly as well. EBITDA for the quarter stood at Rs 38.2 crore, reversing a loss of Rs 3.5 crore in the year-ago period. EBITDA margin came in at 8.5%, indicating improved cost efficiencies and better product mix. NACL Industries opened at Rs 293.25, the same level it closed at, marking its 5% upper circuit limit for the day. The stock has seen a stellar run over the past year, with a 52-week low of Rs 49.00 and a 52-week high of Rs 331.07. Disclaimer: The information provided is for informational purposes only and should not be considered financial or investment advice. Stock market investments are subject to market risks. Always conduct your own research or consult a financial advisor before making investment decisions. Author or Business Upturn is not liable for any losses arising from the use of this information. Ahmedabad Plane Crash Aman Shukla is a post-graduate in mass communication . A media enthusiast who has a strong hold on communication ,content writing and copy writing. Aman is currently working as journalist at
