Wipro Limited (WIT)
| Market Cap | 28.22B |
| Revenue (ttm) | 11.04B |
| Net Income (ttm) | 1.40B |
| Shares Out | 5.22B |
| EPS (ttm) | 0.26 |
| PE Ratio | 20.73 |
| Forward PE | 19.08 |
| Dividend | $0.01 (0.22%) |
| Ex-Dividend Date | Jan 23, 2024 |
| Volume | 522,970 |
| Open | 5.39 |
| Previous Close | 5.39 |
| Day's Range | 5.38 - 5.43 |
| 52-Week Range | 4.48 - 6.45 |
| Beta | 0.70 |
| Analysts | Strong Sell |
| Price Target | 5.00 (-7.41%) |
| 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 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, mo... [Read more]
Financial Performance
In 2022, Wipro's revenue was 904.88 billion, an increase of 14.41% compared to the previous year's 790.93 billion. Earnings were 113.50 billion, a decrease of -7.11%.
Financial numbers in INR Financial StatementsAnalyst Forecast
According to 3 analysts, the average rating for WIT stock is "Strong Sell." The 12-month stock price forecast is $5.0, which is a decrease of -7.41% from the latest price.
News
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.
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...
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),...
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 ...
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...
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...
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...
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.
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...
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...
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.
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...
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...
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...
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...
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.
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...
Wipro Enters into Agreement with Desjardins to Modernize Consumer Banking Services Using its NetOxygen Platform
TORONTO & BENGALURU, India--(BUSINESS WIRE)---- $WIPRO #AdvisoryServices--Wipro Limited today announced that it has been selected by Desjardins to transform their credit solutions for members and clie...
Wipro Expands Partnership with Nutanix to Launch a New Nutanix Business Unit
EAST BRUNSWICK, N.J. & SAN JOSE, Calif. & BENGALURU, India--(BUSINESS WIRE)-- #HCI--WiPro expands partnership with Nutanix to launch a new Nutanix Business Unit to accelerate hybrid multicloud innovat...
GM Joins Forces With Magna and Wipro To Develop Auto Software Marketplace
General Motors (GM), auto parts supplier Magna International (MGA), and information technology provider Wipro (WIT) are teaming up to develop a platform for businesses to buy and sell automotive softw...
GM, Magna and Wipro team up for automotive software marketplace
General Motors , auto parts supplier Magna and IT company Wipro said on Tuesday they were working together to create a sales platform, called SDVerse, to buy and sell automotive software.
Wipro Completes Major Cloud Transformation for ManpowerGroup
EAST BRUNSWICK, N.J. & BENGALURU, India--(BUSINESS WIRE)---- $WIPRO #AzureSQLDatabase--Wipro Limited today announced that it has completed the migration of ManpowerGroup's largest data centre in Europ...
Wipro and Nokia Launch Joint 5G Private Wireless Solution to Speed up Enterprise Digital Transformation
HELSINKI & BENGALURU, India--(BUSINESS WIRE)---- $WIPRO #5G--Wipro Limited today announced a joint private wireless solution with Nokia, to help enterprises scale their digital transformation.
IBM teams up with Wipro on new AI services
IBM (NYSE: IBM) is in focus today after it announced to have teamed up with Wipro Limited (NYSE: WIT) on new artificial intelligence enabled services.