Wipro Limited (WIT)

NYSE: WIT · Real-Time Price · USD
6.88
+0.07 (1.03%)
At close: Nov 20, 2024, 4:00 PM
6.72
-0.16 (-2.33%)
Pre-market: Nov 21, 2024, 4:47 AM EST
1.03%
Market Cap 34.79B
Revenue (ttm) 10.58B
Net Income (ttm) 1.40B
Shares Out 5.23B
EPS (ttm) 0.27
PE Ratio 24.82
Forward PE 23.46
Dividend $0.01 (0.17%)
Ex-Dividend Date Jan 23, 2024
Volume 2,534,490
Open 6.85
Previous Close 6.81
Day's Range 6.83 - 6.89
52-Week Range 4.67 - 7.04
Beta 0.71
Analysts Sell
Price Target 6.00 (-12.79%)
Earnings Date Jan 10, 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 one analyst, the rating for WIT stock is "Sell" and the 12-month stock price forecast is $6.0.

Price Target
$6.0
(-12.79% downside)
Analyst Consensus: Sell
Stock Forecasts

News

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.

13 days 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...

14 days 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
21 days 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".

23 days 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.

4 weeks 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...

4 weeks 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...

4 weeks 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...

4 weeks 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.

5 weeks 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...

6 weeks 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 ...

2 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...

2 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...

3 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...

4 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...

4 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 ...

4 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...

4 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...

4 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...

4 months ago - Business Wire

Wipro Selects Wind River Studio Developer to Accelerate the DevSecOps Process

ALAMEDA, Calif.--(BUSINESS WIRE)-- #intelligentedge--Wind River®, a global leader in delivering software for the intelligent edge, today announced that leading technology services and consulting compa...

4 months ago - Business Wire

Top 5 Tech Stocks That May Crash This Quarter

As of July 8, 2024, five stocks in the information technology sector could be flashing a real warning to investors who value momentum as a key criteria in their trading decisions.

Other symbols: ADBEANETFICOPRFT
4 months ago - Benzinga

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.

5 months ago - Business Wire

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.

5 months ago - Business Wire

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...

5 months ago - Business Wire

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...

6 months ago - Business Wire