Fairwealth Securities has maintained 'buy' rating on Wipro Technologies Limited stock with a target between Rs 449-456.

According to analyst, the investors can buy the stock above Rs 441 with a stop loss of Rs 433.

Today, the stock of the company opened at Rs 436 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 20.53 and 21.22 respectively.

Wipro, on Dec 07, has pocketed a deal for supplying support services to telecommunication company Vodafone Essar's fixed line enterprise biz clients for an unrevealed amount.

Under the agreement, Wipro will offer up different services, comprising network design and execution and incorporation with subsisting IT applications, for the next 3 years.

Besides, the company will establish an Enterprise Network Operation Centre to direct Vodafone Essar's fixed line clients.

Vodafone Essar Director - Enterprise and Carrier Business Naveen Chopra stated, "Through this partnership, we hope to bring an innovative approach to servicing the enterprise telecom market and also enhance our business revenues."

Wipro registered 9.75% increase in its consolidated net profit, which stood at Rs 12,849 million for July-September period.

Wipro had recorded a net profit of Rs 11,707 million during the same period of the last fiscal.