Wipro Limited (WIT)

NYSE: WIT · Real-Time Price · USD
3.440
+0.140 (4.24%)
Jan 17, 2025, 4:00 PM EST - Market closed
4.24%
Market Cap 36.41B
Revenue (ttm) 10.47B
Net Income (ttm) 1.45B
Shares Out 10.45B
EPS (ttm) 0.14
PE Ratio 25.13
Forward PE 23.39
Dividend $0.01 (0.31%)
Ex-Dividend Date Jan 23, 2024
Volume 6,088,536
Open 3.340
Previous Close 3.300
Day's Range 3.340 - 3.530
52-Week Range 3.280 - 7.300
Beta 0.71
Analysts Sell
Price Target 3.00 (-12.79%)
Earnings Date Jan 17, 2025

About WIT

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]

Sector Technology
Founded 1945
Employees 234,000
Stock Exchange NYSE
Ticker Symbol WIT
Full Company Profile

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 numbers in INR Financial Statements

Analyst Forecast

According to 2 analysts, the average rating for WIT stock is "Sell." The 12-month stock price forecast is $3.0, which is a decrease of -12.79% from the latest price.

Price Target
$3.0
(-12.79% downside)
Analyst Consensus: Sell
Stock Forecasts

News

India's Wipro eyes best day in four years on echoing IT peers' demand revival hopes

Wipro's shares surged about 8% on Monday, set for their best day in nearly four years, after India's No. 4 IT services company joined its peers in signaling a revival in demand.

23 hours ago - Reuters

Wipro Limited (WIT) Q3 2025 Earnings Call Transcript

Wipro Limited (NYSE:WIT) Q3 2025 Results Conference Call January 17, 2025 8:30 AM ET Company Participants Dipak Bohra - Senior Vice President, Corporate Treasurer and Investor Relations Srinivas Pall...

3 days ago - Seeking Alpha

Wipro Announces Results for the Quarter Ended December 31, 2024

EAST BRUNSWICK, N.J. & BANGALORE, India--(BUSINESS WIRE)---- $WIPRO #GrossRevenue--Wipro Limited announced financial results under International Financial Reporting Standards (IFRS) for the quarter en...

3 days ago - Business Wire

India's Wipro beats Q3 revenue estimate

Wipro , India's fourth-largest IT services company, reported higher-than-expected third-quarter revenue on Friday, helped by positive momentum in its banking, financial services, and insurance (BFSI) ...

3 days ago - Reuters

Wipro Limited to Announce Results for the Third Quarter Ended December 31, 2024, on January 17, 2025

EAST BRUNSWICK, N.J. & BANGALORE, India--(BUSINESS WIRE)---- $WIPRO #Investors--Wipro will announce results for the third quarter ended December 31, 2024, on Friday, January 17, 2025, after stock mark...

12 days ago - Business Wire

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...

6 weeks ago - Business Wire

Wipro Launches ‘Google Gemini Experience Zone' to Accelerate AI-Driven Innovation for Enterprises

EAST BRUNSWICK, N.J. & BENGALURU, India--(BUSINESS WIRE)---- $WIPRO #AI--Wipro launches ‘Google Gemini Experience Zone' to accelerate AI-driven innovation for enterprises.

2 months ago - Business Wire

Wipro Announces Strategic Partnership with RELEX Solutions

EAST BRUNSWICK, N.J. & BENGALURU, India--(BUSINESS WIRE)---- $WIPRO #AI--Wipro Limited today announced a strategic partnership with RELEX Solutions, a provider of unified supply chain and retail plann...

2 months ago - Business Wire

Wipro, Microsoft and SAP Collaborate to Accelerate RISE with SAP Migration at Near Zero Cost

EAST BRUNSWICK, N.J. & BENGALURU, India--(BUSINESS WIRE)---- $WIPRO #CloudERP--Wipro Limited a leading technology services and consulting company, today announced a strategic collaboration with Micros...

Other symbols: MSFTSAP
2 months ago - Business Wire

Wealth Management Firms Expected to More Than Double AI Budgets: Wipro Survey

EAST BRUNSWICK, N.J. & BENGALURU, India--(BUSINESS WIRE)---- $WIPRO #AI--Wipro Limited today unveiled insights from its report, "AI in Wealth Management: Navigating an Evolving Data-Driven Landscape".

3 months ago - Business Wire

Ericsson & Wipro Transform Odido's Billing Experience for Customers

AMSTERDAM & BENGALURU, India--(BUSINESS WIRE)---- $WIPRO #5G--Ericsson & Wipro transform Odido's billing experience for customers.

3 months ago - Business Wire

Wipro shares jump 5% on Q2 earnings and bonus share announcement

Wipro Ltd shares surged over 5% in early trade on Friday, following the company's announcement of its second-quarter earnings for FY25 and a bonus share issue. The stock climbed as much as 5.34% to re...

3 months ago - Invezz

Wipro Limited (WIT) Q2 2025 Earnings Call Transcript

Wipro Limited (NYSE:WIT) Q2 2025 Earnings Conference Call October 17, 2024 9:30 AM ET Company Participants Dipak Bohra - Senior Vice President, Corporate Treasurer and Investor Relations Srinivas Pal...

3 months ago - Seeking Alpha

Wipro Announces Results for the Quarter Ended September 30, 2024

EAST BRUNSWICK, N.J. & BANGALORE, India--(BUSINESS WIRE)---- $WIPRO #Earningspershare--Wipro Limited announced financial results under International Financial Reporting Standards (IFRS) for the quarte...

3 months ago - Business Wire

India's Wipro beats Q2 revenue estimate

Wipro , India's fourth-largest software company, posted higher-than-expected second-quarter revenue on Thursday, helped by a revival in spending by its clients in the U.S. communications sector.

3 months ago - Reuters

Wipro Limited to Announce Results for the Second Quarter Ended September 30, 2024, on October 17, 2024

EAST BRUNSWICK, N.J. & BANGALORE, India--(BUSINESS WIRE)---- $WIPRO #Investors--Wipro Limited will announce results for the second quarter ended September 30, 2024, on October 17, 2024, after stock ma...

3 months ago - Business Wire

Poppulo to Enhance Employee Experience Through Communication for Wipro Limited

DENVER and CORK, Ireland, Sept. 18, 2024 (GLOBE NEWSWIRE) -- Poppulo, a leading communications experience software company, today announced it has been selected by Wipro Limited, a leading technology ...

4 months ago - GlobeNewsWire

Wipro Appoints Srikumar Rao as Global Head of Its Engineering Edge Business Line

EAST BRUNSWICK, N.J. & BENGALURU, India--(BUSINESS WIRE)---- $WIPRO #AIFirstProducts--Wipro Limited today announced the appointment of Srikumar Rao as Global Head of its Engineering Edge Business Line...

5 months ago - Business Wire

Cyble and Wipro Forge Alliance to Offer AI-Driven Cybersecurity Risk Management Solutions

ATLANTA & BENGALURU, India--(BUSINESS WIRE)--Cyble, a pioneer in AI-powered threat intelligence, today announced a partnership with Wipro Limited (NYSE: WIT, BSE: 507685, NSE: WIPRO), a leading techno...

5 months ago - Business Wire

India's Wipro tanks after Q1 results disappoint

Wipro's shares dropped the most in more than four years on Monday morning as investors punished India's no. 4 IT services firm for its poor growth at a time when rivals talked of a return of client sp...

6 months ago - Reuters

Wipro Limited (WIT) Q1 2025 Earnings Call Transcript

Wipro Limited (NYSE:WIT) Q1 2025 Earnings Conference Call July 19, 2024 9:30 AM ET Company Participants Dipak Bohra - Senior Vice President, Corporate Treasurer and Investor Relations Srinivas Pallia...

6 months ago - Seeking Alpha

Wipro Announces Results for the Quarter Ended June 30, 2024

EAST BRUNSWICK, N.J. & BANGALORE, India--(BUSINESS WIRE)---- $WIPRO #ConferenceCall--Wipro Limited announced financial results under International Financial Reporting Standards (IFRS) for the quarter ...

6 months ago - Business Wire

India's Wipro lags IT peers as Q1 revenue misses estimates

Wipro missed quarterly revenue estimates on Friday due to weak demand in Europe and Asia-Pacific, highlighting the tough task its new boss faces as he tries to turn around the fortunes of India's No.4...

6 months ago - Reuters

India's Wipro misses Q1 revenue view

Wipro , India's fourth-largest IT services player, missed quarterly revenue expectations on Friday due to prolonged softness in key geographies such as Europe, and Asia Pacific, India, Middle East and...

6 months ago - Reuters

Wipro Limited to Announce Results for the First Quarter Ended June 30, 2024, on July 19, 2024

EAST BRUNSWICK, N.J. & BANGALORE, India--(BUSINESS WIRE)---- $WIPRO #Investors--Wipro Limited will announce results for the first quarter ended June 30, 2024, on Friday, July 19, 2024, after stock mar...

6 months ago - Business Wire