Wipro Limited (WIT)

NYSE: WIT · IEX Real-Time Price · USD
4.79
0.00 (0.00%)
At close: Sep 27, 2022 4:00 PM
4.86
+0.07 (1.46%)
After-hours: Sep 27, 2022 5:17 PM EDT
0.00%
Market Cap 26.58B
Revenue (ttm) 10.51B
Net Income (ttm) 1.47B
Shares Out 5.55B
EPS (ttm) 0.26
PE Ratio 18.42
Forward PE 17.39
Dividend $0.08 (1.64%)
Ex-Dividend Date Apr 5, 2022
Volume 2,619,423
Open 4.84
Previous Close 4.79
Day's Range 4.77 - 4.87
52-Week Range 4.74 - 9.96
Beta 0.77
Analysts Hold
Price Target 5.62 (+17.3%)
Earnings Date Jul 20, 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 and IT consulting, custom application design, development, re-engineering and maintenance, systems integration, package implementation, cloud and infrastructure, business process, cloud, mobil... [Read more...]

Industry IT Services
Founded 1945
CEO Abidali Neemuchwala
Employees 258,574
Stock Exchange NYSE
Ticker Symbol WIT
Full Company Profile

Financial Performance

In 2021, Wipro's revenue was 790.93 billion, an increase of 27.69% compared to the previous year's 619.43 billion. Earnings were 122.19 billion, an increase of 13.20%.

Financial numbers in INR Financial Statements

Analyst Forecast

According to 46 analysts, the average rating for WIT stock is "Hold." The 12-month stock price forecast is 5.62, which is an increase of 17.33% from the latest price.

Price Target
$5.62
(17.33% upside)
Analyst Consensus: Hold
Stock Forecasts

News

IT services group Wipro fires 300 employees for moonlighting

IT giant Wipro has fired 300 employees for moonlighting for competitors, a top executive said Wednesday, weighing in on a practice that has gained momentum across the globe as firms incorporate work-fro...

6 days ago - TechCrunch

Wipro Achieves AWS Energy Competency Status

NEW YORK & BANGALORE, India--(BUSINESS WIRE)---- $WIPRO #AWS--Wipro Limited announced that it has achieved Amazon Web Services (AWS) Energy Competency status.

3 weeks ago - Business Wire

HM Treasury Selects Wipro for Service Integration and Management

LONDON & BANGALORE, India--(BUSINESS WIRE)--Wipro Limited (NYSE: WIT, BSE: 507685, NSE: WIPRO), a leading technology services and consulting company, today announced that it has been awarded a multi-yea...

1 month ago - Business Wire

The Manufacturing Industry Is The Most Advanced In Cloud Adoption: Wipro Report

LONDON, England & BANGALORE, India--(BUSINESS WIRE)--Wipro Limited (NYSE: WIT, BSE: 507685, NSE: WIPRO), a leading technology services and consulting company, today released a report entitled, Redefinin...

1 month ago - Business Wire

Digital Transformation Could Save Manufacturers $1 Trillion Annually, Says Expert in Wipro Sponsored Harvard Business...

NEW YORK & BANGALORE, India--(BUSINESS WIRE)---- $WIPRO #HarvardBusinessReviewAnalyticServices--Wipro released a report in association with Harvard Business Review Analytic Services entitled, Manufactur...

1 month ago - Business Wire

Nokia Extends Strategic Partnership with Wipro to Drive Digital Transformation and Efficiencies in Global Business Se...

ESPOO, Finland & BANGALORE, India--(BUSINESS WIRE)--Wipro Limited (NYSE: WIT, BSE: 507685, NSE: WIPRO), a leading global technology services and consulting company, have announced a new five-year strate...

2 months ago - Business Wire

Wipro Limited Announces Results for the Quarter ended June 30, 2022 under IFRS

NEW YORK & BANGALORE, India--(BUSINESS WIRE)---- $WIPRO #IFRS--Wipro Limited announced financial results under International Financial Reporting Standards (IFRS) for the quarter ended June 30, 2022.

2 months ago - Business Wire

Wipro Limited Appoints Päivi Rekonen to its Board

NEW YORK & BANGALORE, India--(BUSINESS WIRE)---- $WIPRO #BoardofDirectors--Wipro Limited, a leading technology services and consulting company, announced the appointment of Ms. Päivi Rekonen to its Boar...

2 months ago - Business Wire

Wipro Limited to Announce Results for the First Quarter Ended June 30, 2022, on July 20, 2022

NEW YORK & BANGALORE, India--(BUSINESS WIRE)---- $WIPRO #Investors--Wipro Limited will announce results for the first quarter ended June 30, 2022, on Wednesday, July 20, 2022, after stock market trading...

2 months ago - Business Wire

ShiftLeft Announces Strategic Investment from and Go-to-Market Partnership with Wipro

SANTA CLARA, Calif.--(BUSINESS WIRE)--ShiftLeft, an innovator in automated application security testing, announced an investment from and go-to-market partnership with Wipro Ventures.

3 months ago - Business Wire

Immuta and Wipro Expand Partnership to Advance Snowflake Solutions

BOSTON--(BUSINESS WIRE)-- #Databricks--Immuta and Wipro Expand Partnership to Advance Snowflake Solutions, Enabling customers to enhance data security while migrating data to Snowflake

3 months ago - Business Wire

Wipro Annual Report 2022 on Form 20-F Available Online for ADS Holders

NEW YORK & BANGALORE, India--(BUSINESS WIRE)---- $WIPRO #ADSHolders--Wipro Annual Report 2022 on Form 20-F Available Online for ADS Holders.

3 months ago - Business Wire

Wipro Adopts RISE with SAP, Sharpens Focus on Cloud Adoption as Means of Transformation for Customers

NEW YORK & BANGALORE, India--(BUSINESS WIRE)---- $WIPRO #ChristianKlein--Wipro adopts RISE with SAP, sharpens focus on cloud adoption as means of transformation for customers.

3 months 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
4 months ago - Zacks Investment Research

Wipro Re-Engaged by Crédit Agricole CIB to Support the Company's IT Infrastructure Transformation

PARIS & 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...

4 months ago - Business Wire

VMware and Wipro Expand Partnership to Power Customers' Digital Transformation

PALO ALTO, Calif. & NEW YORK & BANGALORE, India--(BUSINESS WIRE)--VMware, Inc. (NYSE: VMW) and Wipro Limited (NYSE: WIT, BSE: 507685, NSE: WIPRO) announced an expanded collaboration that will enable cus...

Other symbols: VMW
4 months ago - Business Wire

Wipro Shares Drop Post Q4; Misses Consensus

Wipro Limited (NYSE: WIT) reported fourth-quarter FY22 gross revenue of $2.75 billion, an increase of 28.4% Y/Y, which missed the consensus of $2.8 billion. IT Services revenue grew 26.4% Y/Y (3.1% Q/Q)...

4 months ago - Benzinga

Wipro Limited Announces Results for the Quarter and Year ended March 31, 2022 under IFRS

BANGALORE, India & NEW YORK--(BUSINESS WIRE)-- #IFRS--Wipro Limited today announced financial results under International Financial Reporting Standards (IFRS) for the quarter and year ended March 31, 2022

4 months ago - Business Wire

Wipro to Acquire Rizing to Create an SAP Consulting Powerhouse

NEW YORK & BANGALORE, India--(BUSINESS WIRE)-- #Acquisition--Wipro Limited today announced that it has signed a definitive agreement to acquire Rizing Intermediate Holdings, Inc.

5 months ago - Business Wire

One Equity Partners Agrees to Sell Rizing to Wipro

NEW YORK--(BUSINESS WIRE)-- #SAP--One Equity Partners (“OEP”), a middle market private equity firm, today announced that it has entered into a definitive agreement to sell Rizing LLC (“Rizing” or the “C...

5 months ago - Business Wire

Wipro Limited to Announce Results for the Fourth Quarter and Year Ended March 31, 2022 on April 29, 2022

NEW YORK & BANGALORE, India--(BUSINESS WIRE)-- #Digital--Wipro Limited to announce results for the fourth quarter and year ended March 31, 2022 on April 29, 2022.

5 months ago - Business Wire

Topcoder Challenge Finds Two New Comets For NASA

NEW YORK & BANGALORE, India--(BUSINESS WIRE)-- #ArtificialIntelligence--Topcoder Challenge Finds Two New Comets For NASA.

5 months ago - Business Wire

Wipro Acquires Convergence Acceleration Solutions to Expand Its Consulting Capabilities for Communications Service Pr...

NEW YORK & BANGALORE, India--(BUSINESS WIRE)-- #5G--Wipro acquires Convergence Acceleration Solutions to expand its consulting capabilities for communications service providers.

5 months ago - Business Wire

Wipro Appoints Anis Chenchah as CEO, APMEA

DUBAI, United Arab Emirates & BANGALORE, India--(BUSINESS WIRE)-- #APMEA--Wipro Limited announced the appointment of Anis Chenchah as member of the Wipro Executive Board and Chief Executive Officer, APMEA.

5 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
5 months ago - Zacks Investment Research