Wipro Partnership: Wipro Jumps 4% on Expanded ServiceNow AI Partnership

Wipro shares rose 4% after expanding its partnership with ServiceNow to scale agentic AI workflows across IT, HR, procurement and cybersecurity. The Silicon Review reports on the Wipro Partnership.

Shares of Wipro rose as much as 4.7 percent after the IT services company announced an expanded wipro partnership with ServiceNow to deploy agentic AI workflows across core enterprise functions. The stock opened at ₹211.20 on the BSE, marking its biggest intraday gain since April 1, before paring some gains to trade around ₹206 by late morning.

The rally extended to Wipro's American Depositary Receipt, which surged over 18 percent on the New York Stock Exchange, its largest single-day gain since October 2008. The broader Nifty IT index also rose nearly 2.5 percent, with Infosys, TCS, and HCLTech climbing between 2 and 4 percent.

Under the expanded partnership, Wipro will integrate its Wipro Intelligence suite of AI-powered platforms with the ServiceNow AI Platform. The integration is designed to streamline the initiation, orchestration and execution of work across enterprise systems, reducing manual coordination and improving operational visibility.

Three Wipro Intelligence solutions will leverage the ServiceNow AI Platform: SmartProcure for procurement workflow automation, Telco Autonomous Networks for telecom service operations and Cyber Transform for cybersecurity incident response management.

Malay Joshi, CEO of Wipro's Americas 1 Strategic Market Unit, said enterprises often face challenges in scaling AI implementation despite strong ambitions. "Our expanded partnership with ServiceNow is designed to bridge that gap through a consulting-led, AI-powered approach that translates business priorities into industry-aligned AI solutions," he said.

Amit Zavery, President and COO of ServiceNow, added that connected and governed AI integrated into enterprise workflows would help organizations achieve measurable operational outcomes and accelerate the transition toward agentic enterprises.

The partnership comes as Indian IT firms race to bolster their AI offerings amid growing investor concerns that advances in AI could disrupt traditional outsourcing and technology services work. The sector has been under pressure following rapid advances in generative AI, which reignited fears about long-term demand for conventional IT projects.

Despite the day's optimism, Wipro shares remain down over 23 percent year-to-date. The company reported a 1.9 percent year-on-year decline in consolidated net profit to ₹3,521 crore for the fourth quarter of fiscal 2026, even as revenue rose 7.7 percent.

As Wipro expands its partnership with ServiceNow to scale agentic AI workflows, The Silicon Review examines how Indian IT firms are adapting to the AI disruption and whether these partnerships can restore investor confidence in the sector.

Q: How much did Wipro shares rise after the ServiceNow partnership announcement?
A: Wipro shares rose as much as 4.7 percent to ₹211.20 on the BSE, marking its biggest intraday gain since April 1. The stock later pared some gains to trade around ₹206.

Q: What is the expanded partnership between Wipro and ServiceNow?
A: Wipro will integrate its Wipro Intelligence suite of AI-powered platforms with the ServiceNow AI Platform to deploy agentic AI workflows across IT, HR, procurement and cybersecurity functions.

Q: Which specific Wipro Intelligence solutions will leverage the ServiceNow AI Platform?
A: The solutions include SmartProcure for procurement automation, Telco Autonomous Networks for telecom service operations and Cyber Transform for cybersecurity workflow management.

Q: How did Wipro's American Depositary Receipt perform following the announcement?
A: Wipro's ADR surged over 18 percent on the NYSE, ending at $2.43. It was the largest single-day gain for the US-listed entity since October 2008.

Q: What did Wipro and ServiceNow executives say about the partnership?
A: Malay Joshi of Wipro said the partnership bridges the gap between AI ambition and execution at scale. Amit Zavery of ServiceNow said connected; governed AI integrated into secure workflows helps enterprises achieve measurable outcomes.

Q: How did the broader IT sector react to the announcement?
A: The Nifty IT index rose nearly 2.5 percent, with Infosys, TCS, and HCLTech climbing between 2 and 4 percent, reflecting renewed investor confidence in the sector.