Wipro Limited (NSE: WIPRO)
India
· Delayed Price · Currency is INR | Market Cap | 3.19T |
| Revenue (ttm) | 886.79B |
| Net Income (ttm) | 117.41B |
| Shares Out | n/a |
| EPS (ttm) | 11.20 |
| PE Ratio | 27.17 |
| Forward PE | n/a |
| Dividend | n/a |
| Ex-Dividend Date | n/a |
| Volume | 22,211,979 |
| Open | 315.50 |
| Previous Close | 312.75 |
| Day's Range | 304.40 - 320.00 |
| 52-Week Range | 208.50 - 320.00 |
| Beta | 0.73 |
| Analysts | n/a |
| Price Target | n/a |
| Earnings Date | Jan 10, 2025 |
About Wipro
Wipro Limited operates as an information technology (IT), consulting, and business process services company worldwide. It operates through IT Services and IT Products segments. The IT Services segment offers IT and IT-enabled services, including digital strategy advisory, customer-centric design, technology and IT consulting, custom application design, development, re-engineering and maintenance, systems integration, package implementation, cloud and infrastructure, business process, cloud, mobility and analytics, research and development, and ... [Read more]
Financial Performance
In 2023, Wipro's revenue was 897.60 billion, a decrease of -0.80% compared to the previous year's 904.88 billion. Earnings were 110.45 billion, a decrease of -2.69%.
Financial StatementsNews
$100 million clients: TCS, Infosys lead race
TCS and Infosys added twelve $100 million+ clients each post-pandemic, outpacing Wipro and HCLTech's seven. While TCS and Infosys boasted 62 and 40 such clients respectively by 2023-24, Wipro and HCLT...
CLSA bullish on IT sector; highlights recovery post US election, cautious on Infosys and Wipro
CLSA remains constructive on the Indian IT sector, pointing to improving client sentiments, particularly after the recent US election outcome.
Morgan Stanley maintains ‘Underweight’ call on Wipro, sees limited impact of latest acquisition
Morgan Stanley has maintained its ‘Underweight’ rating on Wipro with a target price of ₹250, citing limited impact from its latest acquisition.
Wipro acquires stake in Applied Value Technologies for $40 million
Applied Value Technologies (AVT), founded between 2021 and 2022, provides IT operational transformation services with a highly customized and data-driven approach.
‘Train then hire’: How Wipro is boosting its internal talent base, changing hiring focus on engineering colleges
Wipro, India's fourth-largest IT firm, is ramping up hiring in anticipation of a 2025 market rebound. Under CEO Srinivas Pallia, they plan to recruit 7,000-7,500 employees by year-end, shifting to a "...
Apple @ Work: The future of the Mac in the workplace
Apple @ Work is exclusively brought to you by Mosyle , the only Apple Unified Platform. Mosyle is the only solution that integrates in a single professional-grade platform all the solutions necessary ...
Nifty 50 top gainers this week: Bharti Airtel, Bajaj Finance, Wipro and more
The Indian stock market ended the trading week on a robust note, with both Sensex and Nifty registering remarkable gains on Friday, December 13. The Sensex soared by 843.16 points, or 1.04%, to close ...
Investec believes limited downside left for Wipro shares from current levels
Investec has reiterated its Sell rating on Wipro, maintaining a target price of ₹290, as the company continues to navigate challenges around capital allocation and shareholder payouts.
Stock Market Update: Coforge, HCL Technologies, Wipro and more hit 52-week highs today on December 10, 2024
The Indian stock market had a mixed performance on December 10, 2024, with the NSE Nifty 50 slightly down and the BSE Sensex closing slightly higher. The NSE Nifty 50 fell 8.95 points, or 0.04%, endin...
Nifty 50 top gainers today on December 9: Wipro, Larsen & Toubro and SBI Life Insurance lead the rally
On December 9, Indian equity indices closed lower for the second consecutive session, with the Nifty hovering around the 24,600 mark. At the close of the trading session, the Sensex was down by 200.66...
Wipro partners with SIAM.AI to develop AI assistant for Tourism Authority of Thailand
Wipro Limited has announced a strategic collaboration with SIAM.AI, a member of the NVIDIA Cloud Partner Program in Thailand, to create an AI-powered digital assistant for the Tourism Authority of Tha...
IT stocks today: Infosys, TCS, Wipro decline
The Nifty IT index is trading at 44,696.95, down by 0.24% or 109.45 points, reflecting a mixed performance among its constituents. While some IT stocks are witnessing gains, major players like Infosys...
3 new multi-level flyovers to come up in IT corridor
The Greater Hyderabad Municipal Corporation (GHMC) is investing over 800 crore in three multi-level flyovers at Khajaguda, Wipro, and IIIT junctions to improve traffic flow and reduce congestion in Hy...
Stock Market Update: HDFC Bank, Zomato, Wipro and more hit 52-week highs today on December 5, 2024
On December 5, Indian equity markets continued their positive momentum, with the BSE Sensex and NSE Nifty50 both closing in the green. The BSE Sensex surged by 809.53 points, or 1%, closing at 81,765....
IT Stocks: TCS shares surge nearly 2%, Wipro up 1%, Mphasis up nearly 1% and more
The Nifty IT index edged higher on December 4, trading at 43,978.85, up by 0.51%. The sector showcased mixed performance with notable gains in key stocks. Top Gainers: TCS rose by 1.61%, trading at ₹4...
Wipro shares rise nearly 2% as company partners with Netskope for cybersecurity optimisation
Shares of Wipro Limited gained nearly 2% to trade at ₹295.35 on December 4 after the company announced a strategic partnership with Netskope, a Secure Access Service Edge (SASE) leader. This collabora...
Wipro and Netskope Partner to Offer Cybersecurity Optimization Advisory Services
EAST BRUNSWICK, N.J. & BENGALURU, India--(BUSINESS WIRE)---- $WIPRO #AutomatedRegulatory--Wipro Limited today announced a partnership with Netskope to Offer Cybersecurity Optimization Advisory Service...
Wipro and Netskope Partner to optimize cybersecurity investments globally
“Organizations today face the challenge of managing dispersed cybersecurity technologies," said Saugat Sindhu, Global Head, Advisory Services, Cybersecurity and Risk Services, Wipro Limited.
Wipro shares hit new 52-week high this week; Check details
Wipro’s stock reached a new 52-week high this week, touching an impressive Rs 596.00 on November 27, 2024, demonstrating a strong upward trend in the Indian stock market. The IT giant’s stock performa...
When is the last date to buy Wipro shares to be eligible for 1:1 bonus?
Wipro Limited has announced a 1:1 bonus issue, offering 1 equity share of ₹2 face value for every 1 fully paid-up equity share held, as well as 1 American Depository Share (ADS) for every 1 ADS held. ...
Wipro’s market cap falls by ₹5,178 crore today
Shares of Wipro Limited fell by 1.7% to ₹573.00 during today’s trading session. This decline resulted in a significant decrease in its market capitalization, which is now estimated at ₹2,99,799 crore,...
Nuvama upgrades Wipro to ‘Buy’, raises target price for stock to ₹700
Nuvama Institutional Equities has upgraded Wipro to ‘Buy’ from ‘Hold,’ increasing the target price to ₹700 from ₹520
Nifty 50 top losers today on 27 November: Apollo Hospitals, Titan Company, Wipro and more
On November 27, Indian equity markets saw a positive turnaround, with both the Sensex and Nifty indices gaining ground and breaking a two-day losing streak. The Sensex surged by 230.02 points, or 0.29...
Wipro shares surge as company secures four-year contract extension with Marelli
Wipro Limited has secured a four-year contract extension worth $100 million with Marelli, a leading Italy-based automotive parts manufacturer. This deal strengthens their existing collaboration, focus...
Wipro: Omkar Nisal is the New CEO of the Europe Strategic Market Unit
Wipro has announced the appointment of Omkar Nisal as the Chief Executive Officer of its Europe Strategic Market Unit (SMU), with his new role taking effect immediately. Nisal will report directly to ...