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Wipro Limited (WIT)

NYSE: WIT · IEX Real-Time Price · USD
9.28 -0.24 (-2.52%)
Oct 25, 2021 4:00 PM EDT - Market closed
Market Cap50.70B
Revenue (ttm)8.44B
Net Income (ttm)1.47B
Shares Out5.46B
EPS (ttm)0.29
PE Ratio31.89
Forward PE31.65
Dividend$0.01 (0.15%)
Ex-Dividend Daten/a
Volume1,921,187
Open9.31
Previous Close9.52
Day's Range9.25 - 9.34
52-Week Range4.75 - 9.96
Beta0.63
AnalystsStrong Sell
Price Target4.71 (-49.2%)
Est. Earnings DateJan 12, 2022

About WIT

Wipro Limited operates as information technology (IT), consulting, and business process services company worldwide. It operates through three segments: IT Services, IT Products, and India State Run Enterprise Services (ISRE). The IT Services segment offers IT and IT-enabled services, including digital strategy advisory, customer-centric design, technology consulting, IT consulting, custom application design, development, re-engineering and maintenance, systems integration, package implementation, infrastructure, analytics, business process, res...

IndustryIT Services
Founded1945
CEOThierry Delaporte
Employees221,365
Stock ExchangeNYSE
Ticker SymbolWIT
Full Company Profile

Financial Performance

In 2020, Wipro's revenue was 619.43 billion, an increase of 1.51% compared to the previous year's 610.23 billion. Earnings were 107.95 billion, an increase of 11.03%.

Financial numbers in millions INRFinancial Statements

Analyst Forecast

According to 6 analysts, the average rating for Wipro stock is "Strong Sell." The 12-month stock price forecast is 4.71, which is a decrease of -49.23% from the latest price.

Price Target
$4.71
(-49.23% downside)
Analyst Consensus: Strong Sell

News

Wipro Partners With National Grid to Drive Data Center Consolidation and Implement Next Generation Hybrid Cloud Archi...

NEW YORK & LONDON & BANGALORE, India--(BUSINESS WIRE)-- #CognitiveComputing--Wipro partners with National Grid to drive Data Center consolidation and implement next generation hybrid cloud architecture.

4 days ago - Business Wire

SNX or WIT: Which Is the Better Value Stock Right Now?

SNX vs. WIT: Which Stock Is the Better Value Option?

Other symbols:SNX
1 week ago - Zacks Investment Research

Wipro CFO: We are investing in talents to capture the growth momentum in business

Jatin Dalal, CFO of India IT service firm Wipro discusses strategy of hiring new people and hiking salaries on the back of strong quarterly results.

1 week ago - CNBC International TV

Wipro Limited Announces Results for the Quarter Ended September 30, 2021 Under IFRS

BANGALORE, India & NEW YORK--(BUSINESS WIRE)-- #Digital--Wipro Limited today announced financial results under International Financial Reporting Standards (IFRS) for the Quarter ended September 30, 2021.

1 week ago - Business Wire

Wipro Clocks 30% Revenue Growth In Q2, Beats Consensus, Issues Positive Q3 Outlook

Wipro Ltd (NYSE: WIT) reported the second quarter FY22 gross revenue growth of 30.1% year-on-year to $2.652 billion, beating the consensus of $2.57 billion. IT Services segment revenue rose 29.5% Y/Y to...

1 week ago - Benzinga

Wipro Limited to Announce Results for the Second Quarter Ended September 30, 2021 on October 13, 2021

NEW YORK & BANGALORE, India--(BUSINESS WIRE)-- #DiamondPass--Wipro Limited will announce results for the second quarter ended September 30, 2021 on Wednesday, October 13, 2021 .

3 weeks ago - Business Wire

CTSH vs. WIT: Which Stock Is the Better Value Option?

CTSH vs. WIT: Which Stock Is the Better Value Option?

Other symbols:CTSH
3 weeks ago - Zacks Investment Research

Spirit of Wipro Run Brings Together Participants From Over 35 Countries

NEW YORK & PARIS & BANGALORE, India--(BUSINESS WIRE)-- #BusinessProcessServices--Spirit of Wipro Run brings together participants from over 35 countries.

4 weeks ago - Business Wire

Leaders in Cloud Adoption Approach Cloud Differently and Achieve 10x Greater ROI, Says Research by Wipro FullStride C...

NEW YORK & BANGALORE, India--(BUSINESS WIRE)--Wipro Limited released a report indicating that leaders in cloud adoption approach cloud differently, enabling them to achieve greater ROI.

1 month ago - Business Wire

Wipro Announces Co-innovation Space with Google Cloud

NEW YORK & BANGALORE, India--(BUSINESS WIRE)-- #Cloud--Wipro Limited today announced the launch of the Wipro-Google Cloud Innovation Arena in Bangalore, India.

1 month ago - Business Wire

Designit wins 2021 Red Dot Award in Brand & Communication Design

COPENHAGEN, Denmark & BANGALORE, India--(BUSINESS WIRE)-- #BusinessProcessServices--Designit wins 2021 Red Dot Award in Brand & Communication Design.

1 month ago - Business Wire

Wipro and First Horizon Bank Forge a Cloud-Based Fintech Future for VirtualBank

NEW YORK & BANGALORE, India--(BUSINESS WIRE)-- #AnthonyRestel--Wipro and First Horizon Bank Forge a Cloud-Based Fintech Future for VirtualBank.

1 month ago - Business Wire

Wipro Appoints Mohammed Areff as Country Head & Managing Director, Middle East

DUBAI, United Arab Emirates & BANGALORE, India--(BUSINESS WIRE)-- #AI--Wipro appoints Mohammed Areff as Country Head & Managing Director, Middle East.

1 month ago - Business Wire

Wipro and HERE Partner to Provide Location-Based Services and Analytics for Customers Globally

AMSTERDAM & BANGALORE, India--(BUSINESS WIRE)-- #Automotive--Wipro and HERE partner to provide location-based services and analytics for customers globally.

1 month ago - Business Wire

Wipro and DataRobot Partner to Deliver Scalable Enterprise AI Solutions

BOSTON & BANGALORE, India--(BUSINESS WIRE)--Wipro Limited (NYSE: WIT, BSE: 507685, NSE: WIPRO), a leading global information technology, consulting and business process services company, today announced...

1 month ago - Business Wire

Wipro Awarded Partner of Choice by E.ON for Digital Transformation of their Corporate Business Functions

ESSEN, Germany & BANGALORE, India--(BUSINESS WIRE)-- #Digital--Wipro awarded Partner of Choice by E.ON for Digital Transformation of their Corporate Business Functions.

2 months ago - Business Wire

Wipro Announces Opening of New Delivery Center in Arkansas, USA

SHERWOOD, Ark. & NEW YORK & BANGALORE, India--(BUSINESS WIRE)-- #AEDC--Wipro Limited today announced that it will open a new delivery center in Sherwood, Arkansas.

2 months ago - Business Wire

SNX vs. WIT: Which Stock Is the Better Value Option?

SNX vs. WIT: Which Stock Is the Better Value Option?

Other symbols:SNX
2 months ago - Zacks Investment Research

8 Great Low-Priced Stocks to Buy Under $10

Just because you don't see some stocks in the headlines doesn't mean they aren't great buys. These low-priced stocks are perfect examples.

2 months ago - InvestorPlace

Wipro Launches @now Studio In Texas In Partnership With ServiceNow

Wipro Ltd (NYSE: WIT) and ServiceNow Inc (NYSE: NOW) collaborated to launch @now Studio at Wipro's Technology Center in Plano, Texas. The Studio aims to support digital transformations for customers.

Other symbols:NOW
2 months ago - Benzinga

Wipro Launches @now Studio in Texas, Expands Its Digital and Cyber Defense Center

PLANO, Texas & BANGALORE, India--(BUSINESS WIRE)-- #Compliance--Wipro launches @now Studio in Texas, expands its Digital and Cyber Defense Center.

2 months ago - Business Wire

The Top 7 Stocks to Buy for Under $20 in August

Each of these seven top stocks to buy for under $20 in August are strong performers that rate have A-ratings in Portfolio Grader. The post The Top 7 Stocks to Buy for Under $20 in August appeared first ...

Other symbols:CXHIMXMNMRKUMCVEDL
2 months ago - InvestorPlace

IP Infusion Partners with Wipro Limited to Deliver Validated Disaggregated Networking Solutions

SANTA CLARA, Calif.--(BUSINESS WIRE)--IP Infusion announces a strategic partnership with Wipro Limited to collaborate on delivering end-to-end disaggregated networking solutions.

2 months ago - Business Wire

Wipro Appoints Jason Eichenholz as Global Partnerships Lead

NEW YORK & BANGALORE, India--(BUSINESS WIRE)-- #AWS--Wipro Appoints Jason Eichenholz as Global Partnerships Lead.

2 months ago - Business Wire

SNX vs. WIT: Which Stock Should Value Investors Buy Now?

SNX vs. WIT: Which Stock Is the Better Value Option?

Other symbols:SNX
2 months ago - Zacks Investment Research