Wipro Limited (WIT)
Market Cap | 33.54B |
Revenue (ttm) | 10.77B |
Net Income (ttm) | 1.33B |
Shares Out | 5.22B |
EPS (ttm) | 0.25 |
PE Ratio | 25.46 |
Forward PE | 19.08 |
Dividend | $0.01 (0.19%) |
Ex-Dividend Date | Jan 23, 2024 |
Volume | 1,903,040 |
Open | 6.35 |
Previous Close | 6.19 |
Day's Range | 6.31 - 6.42 |
52-Week Range | 4.48 - 6.45 |
Beta | 0.70 |
Analysts | Strong Sell |
Price Target | 5.35 (-16.67%) |
Earnings Date | Jul 11, 2024 |
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]
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 StatementsAnalyst Forecast
According to 2 analysts, the average rating for WIT stock is "Strong Sell." The 12-month stock price forecast is $5.35, which is a decrease of -16.67% from the latest price.
News
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Hanesbrands Inc. Strengthens Wipro Partnership to Accelerate Digital Transformation
EAST BRUNSWICK, N.J. & BENGALURU, India--(BUSINESS WIRE)---- $WIPRO #AI--Hanesbrands Inc. Strengthens Wipro Partnership to Accelerate Digital Transformation.
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Wipro Launches On-Premise GenAI Solution with Hewlett Packard Enterprise
EAST BRUNSWICK, N.J. & BENGALURU, India--(BUSINESS WIRE)---- $WIPRO #CustomerEngagement--Wipro Launches On-Premise GenAI Solution with Hewlett Packard Enterprise.
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Wipro Introduces the Lab45 AI Platform Designed to Increase Efficiencies and Transform Business Functions
EAST BRUNSWICK, N.J. & BENGALURU, India--(BUSINESS WIRE)---- $WIPRO #AI--Wipro, a leading technology services and consulting company, today announced the launch of the Lab45 Artificial Intelligence (A...
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Wipro Launches an AI-Assisted Security and Risk Platform, Powered by Zscaler
EAST BRUNSWICK, N.J. & BENGALURU, India--(BUSINESS WIRE)---- $WIPRO #AI--Wipro Limited announced that it has partnered with Zscaler to introduce Wipro Cyber X-Ray, an AI-assisted decision support plat...
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Wipro Expands Retail Media Offering in Collaboration with Cisco and AT&T
E. BRUNSWICK, N.J. & BENGALURU, India--(BUSINESS WIRE)---- $WIPRO #Collaboration--Wipro Limited (NYSE: WIT, BSE: 507685, NSE: WIPRO) today announced the expansion of retail-focused capabilities within...
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Former Wipro CEO Delaporte earned $20 mln in last year at helm
India's No.4 IT services firm Wipro paid $20.1 million in annual compensation to former CEO Thierry Delaporte who resigned in April, well before his five-year term was set to end in July 2025.
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Wipro Annual Report 2024 on Form 20-F Available Online for ADS Holders
EAST BRUNSWICK, N.J. & BENGALURU, India--(BUSINESS WIRE)---- $WIPRO #ADSHolders--Wipro Annual Report 2024 on Form 20-F available online for ADS holders.
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Wipro Appoints Sanjeev Jain as Chief Operating Officer
EAST BRUNSWICK, N.J. & BENGALURU, India--(BUSINESS WIRE)---- $WIPRO #AIprinciples--Wipro Limited today announced the appointment of Sanjeev Jain as the Chief Operating Officer effective immediately.
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Wipro COO Amit Choudhary quits, business operations head Jain named successor
India's Wipro said on Friday that its chief operating officer Amit Choudhary is stepping down, with Sanjeev Jain, current global head of business operations named as his successor with immediate effec...
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Eightfold AI Collaborates with Wipro to Transform Talent Management
SANTA CLARA, Calif. , May 16, 2024 /PRNewswire/ -- Eightfold AI , the leader in AI-powered talent intelligence, today announced a collaboration with Wipro Limited (NYSE: WIT, BSE: 507685, NSE: WIPRO),...
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Wipro Appoints Vinay Firake as Chief Executive Officer for APMEA Strategic Market Unit
DUBAI, United Arab Emirates & BENGALURU, India--(BUSINESS WIRE)---- $WIPRO #APMEA--Wipro Limited today announced the appointment of Vinay Firake as the Chief Executive Officer, APMEA Strategic Market ...
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Wipro Infrastructure Engineering's Hydraulics Business enters into a definitive agreement to acquire Mailhot Industries
BANGALORE, India--(BUSINESS WIRE)---- $WIPRO #AdditiveManufacturing--Wipro Hydraulics, the business of Wipro Infrastructure Engineering, announced it has entered into a definitive agreement to acquire...
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Wipro and Kognitos Collaborate to Deploy GenAI-Based Business Automation Solutions
Wipro Ventures also participated in Kognitos' latest Series A Funding Round SAN JOSE, Calif. and BENGALURU, India , May 8, 2024 /PRNewswire/ -- Wipro (NYSE: WIT, BSE: 507685, NSE: WIPRO), a leading te...
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NHS Scotland, in Partnership with Wipro UK Limited, Successfully Implements Rhapsody Enterprise Master Person Index
BOSTON--(BUSINESS WIRE)--Rhapsody, a global leader in digital health enablement, today announced that NHS National Services Scotland has successfully implemented Rhapsody Enterprise Master Person Inde...
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Wipro to Implement Independent Health's Medicare Prescription Payment Plan Platform
EAST BRUNSWICK, N.J. & BENGALURU, India--(BUSINESS WIRE)---- $WIPRO #IndependentHealth--Wipro Limited today announced they have been selected by Independent Health to implement Wipro's Medicare Prescr...
India's Wipro discusses its 'focus sectors'
Aparna Iyer of the Indian IT services firm discusses uncertainty in markets and the company's strategy and business outlook.
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India's Wipro rises as Street pins hopes on new CEO after Q4 results
Shares of Wipro rose as much as 2.4% on Monday, after India's No.4 software services exporter posted better-than-expected fourth-quarter results, while some analysts pinned hopes on new CEO Srinivas P...
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Wipro Announces Results for the Quarter and Year ended March 31, 2024
EAST BRUNSWICK, N.J. & BANGALORE, India--(BUSINESS WIRE)---- $WIPRO #FY24--Wipro Limited announced financial results under International Financial Reporting Standards (IFRS) for the quarter and year e...
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India's Wipro beats Q4 revenue estimates
Wipro , India's fourth-largest software company, posted a bigger-than-expected fourth-quarter revenue on Friday, aided by firmer profit margins and a recovery in its consulting business.
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Wipro Appoints Malay Joshi as Chief Executive Officer for Americas 1 Strategic Market Unit
EAST BRUNSWICK, N.J. & BENGALURU, India--(BUSINESS WIRE)---- $WIPRO #Americas1--Wipro announced today the appointment of Malay Joshi as Chief Executive Officer of Wipro Americas 1 Strategic Market Uni...
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Wipro Appoints Srini Pallia as CEO & Managing Director
EAST BRUNSWICK, N.J. & BENGALURU, India--(BUSINESS WIRE)---- $WIPRO #CEO--Wipro Limited announced the appointment of Srini Pallia as the Chief Executive Officer and Managing Director of the Company, e...
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Wipro Limited to Announce Results for the Fourth Quarter and Year Ended March 31, 2024, on April 19, 2024
EAST BRUNSWICK, N.J. & BANGALORE, India--(BUSINESS WIRE)---- $WIPRO #DigitalTransformation--Wipro will announce results for the fourth quarter and year ended March 31, 2024, on April 19, 2024, after s...
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Wipro GE Healthcare to invest $960 mln in R&D, manufacturing in India
Wipro GE Healthcare, a joint venture of India's Wipro Enterprises and a wholly owned entity of U.S.-based GE Healthcare , said it would invest 80 billion rupees ($960 million) in the country in its ma...
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India's Wipro promotes 31 staff to senior roles after top-level exodus, internal memos show
Indian IT services firm Wipro has promoted six employees to senior vice president roles and 25 others to vice president roles, two internal memos seen by Reuters showed.
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Wipro Appoints Anne-Marie Rowland as CEO of Capco
LONDON & EAST BRUNSWICK, N.J. & BENGALURU, India--(BUSINESS WIRE)---- $WIPRO #Appointment--Wipro (NYSE: WIT, BSE: 507685, NSE: WIPRO) announced that Anne-Marie Rowland has been appointed to the role o...