Wipro shares in focus on expanding partnership with Palo Alto Networks; key details to know

The partnership will bring together Palo Alto Networks’ Cortex XSIAM and Wipro’s managed security services capabilities, CyberShield, in a more focused offering for modern security operations.

The new offering, according to a regulatory filing dated June 23, will deliver proactive cyber defense with simplified workflows using machine learning, AI, and automation to predict and protect against future attacks.

Furthermore, it will enable faster detection and response across complex environments, while filtering signals from noise, improving analyst efficiency, and increasing focus on critical, high-impact threats.

This offering will be supported by Wipro’s WEGA and WINGS, AI delivery platforms that are a part of Wipro Intelligence, a suite of AI-powered platforms, solutions, and “transformative offerings” for workflow orchestration, service transition, and automation at scale across security operations.

“The expanded relationship builds on the existing foundation with Palo Alto Networks across cloud, network and security transformation, and reflects growing demand from clients for more integrated, AI-led security operations,” Wipro said.

Satish Yadavalli, Global Business Head - Cloud, Infrastructure, and Security Services, Wipro, said that as organisations navigate a rapidly evolving landscape marked by accelerated AI adoption, the need for robust governance and strategic cost management has never been greater.

“Together with Palo Alto Networks, we are able to transform security operations through AI, automation, and platform consolidation, strengthening organizations’ security environments while optimizing costs and improving outputs,” Yadavalli added.

Simone Gammeri, Senior Vice President and Chief Partnership Officer at Palo Alto Networks, stated that AI-manufactured attacks require an AI-powered defense, and the partnership with Wipro helps deliver that.

“Our combined capabilities empower mutual customers to consolidate tools, eliminate data silos, and leverage AI and automation to reduce noise, accelerate response from days to minutes, and ultimately stop even the most sophisticated threats,” Gammeri further stated.

Wipro stock performance

Shares of Wipro closed 3.16% lower at ₹174.49 per unit on the National Stock Exchange (NSE) on Tuesday. During the trading session, it touched a year’s low of ₹174 apiece. However, the announcement was made after the market closed.

The scrip has lost nearly 5% in the past week and 14% over the month. On a year-to-date basis, it has declined 35%. The stock hit a 52-week high of ₹273.10 per equity share on December 22, 2025.

Wipro has a total market capitalisation of ₹1.83 lakh crore as of June 23, 2026, according to data on the NSE.