Log in

NYSE:WIT - Wipro Stock Price, Forecast & News

+0.03 (+0.79 %)
(As of 02/20/2020 06:00 AM ET)
Today's Range
Now: $3.83
50-Day Range
MA: $3.78
52-Week Range
Now: $3.83
Volume600,514 shs
Average Volume758,240 shs
Market Capitalization$23.02 billion
P/E Ratio15.96
Dividend Yield0.26%
Wipro Limited operates as an information technology (IT), consulting, and business process services (BPS) company worldwide. The company's IT Services segment offers a range of 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 services, analytics services, BPS, research and development services, and hardware and software design services to various enterprises. Read More…

Industry, Sector and Symbol

Industry Custom computer programming services
SectorComputer and Technology



Sales & Book Value

Annual Sales$8.47 billion
Cash Flow$0.27 per share
Book Value$1.26 per share


Net Income$1.30 billion


Outstanding Shares6,009,571,000
Market Cap$23.02 billion
Next Earnings Date4/21/2020 (Estimated)

Receive WIT News and Ratings via Email

Sign-up to receive the latest news and ratings for WIT and its competitors with MarketBeat's FREE daily newsletter.

Wipro (NYSE:WIT) Frequently Asked Questions

What is Wipro's stock symbol?

Wipro trades on the New York Stock Exchange (NYSE) under the ticker symbol "WIT."

How often does Wipro pay dividends? What is the dividend yield for Wipro?

Wipro announced an annual dividend on Tuesday, January 14th. Stockholders of record on Monday, January 27th will be given a dividend of $0.014 per share on Monday, January 1st. The ex-dividend date of this dividend is Friday, January 24th. View Wipro's Dividend History.

When did Wipro's stock split? How did Wipro's stock split work?

Shares of Wipro split before market open on Friday, June 9th 2017. The 2-1 split was announced on Monday, June 12th 2017. The newly created shares were payable to shareholders after the market closes on Tuesday, April 25th 2017. An investor that had 100 shares of Wipro stock prior to the split would have 200 shares after the split.

How were Wipro's earnings last quarter?

Wipro Limited (NYSE:WIT) issued its quarterly earnings data on Tuesday, January, 14th. The information technology services provider reported $0.06 EPS for the quarter, hitting the Thomson Reuters' consensus estimate of $0.06. The information technology services provider had revenue of $2.17 billion for the quarter, compared to the consensus estimate of $2.19 billion. Wipro had a net margin of 16.38% and a return on equity of 17.75%. View Wipro's Earnings History.

When is Wipro's next earnings date?

Wipro is scheduled to release their next quarterly earnings announcement on Tuesday, April 21st 2020. View Earnings Estimates for Wipro.

What price target have analysts set for WIT?

5 analysts have issued 1 year target prices for Wipro's stock. Their forecasts range from $3.46 to $5.78. On average, they anticipate Wipro's share price to reach $4.33 in the next year. This suggests a possible upside of 13.1% from the stock's current price. View Analyst Price Targets for Wipro.

What is the consensus analysts' recommendation for Wipro?

5 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Wipro in the last year. There are currently 3 sell ratings and 2 hold ratings for the stock, resulting in a consensus recommendation of "Sell." View Analyst Ratings for Wipro.

Has Wipro been receiving favorable news coverage?

Media headlines about WIT stock have trended extremely negative this week, InfoTrie reports. The research group identifies positive and negative media coverage by reviewing more than six thousand news and blog sources. The firm ranks coverage of companies on a scale of -5 to 5, with scores closest to five being the most favorable. Wipro earned a news sentiment score of -4.6 on InfoTrie's scale. They also assigned news articles about the information technology services provider a news buzz of 0.0 out of 10, meaning that recent media coverage is extremely unlikely to have an impact on the stock's share price in the near term. View News Stories for Wipro.

Are investors shorting Wipro?

Wipro saw a increase in short interest during the month of January. As of January 15th, there was short interest totalling 14,170,000 shares, an increase of 14.1% from the December 31st total of 12,420,000 shares. Based on an average trading volume of 1,200,000 shares, the days-to-cover ratio is currently 11.8 days. Currently, 0.2% of the company's stock are sold short. View Wipro's Current Options Chain.

Who are some of Wipro's key competitors?

What other stocks do shareholders of Wipro own?

Based on aggregate information from My MarketBeat watchlists, some companies that other Wipro investors own include Infosys (INFY), HDFC Bank (HDB), Tata Motors (TTM), Walt Disney (DIS), Dr.Reddy's Laboratories (RDY), Intel (INTC), Netflix (NFLX), Tesla (TSLA), Alibaba Group (BABA) and Visa (V).

Who are Wipro's key executives?

Wipro's management team includes the folowing people:
  • Mr. Azim Hasham Premji, Founder, Exec. Chairman & MD (Age 74)
  • Mr. Abidali Z. Neemuchwala, CEO & Exec. Director (Age 52)
  • Mr. B. M. Bhanumurthy, Pres & COO (Age 55)
  • Mr. Saurabh Govil, Pres & Chief HR Officer (Age 51)
  • Mr. Jatin Pravinchandra Dalal, Chief Financial Officer (Age 44)

Who are Wipro's major shareholders?

Wipro's stock is owned by a number of of institutional and retail investors. Top institutional investors include Schroder Investment Management Group (0.16%), State Street Corp (0.12%), AQR Capital Management LLC (0.12%), Goldman Sachs Group Inc. (0.07%), Segantii Capital Management Ltd (0.06%) and Renaissance Technologies LLC (0.05%).

Which major investors are selling Wipro stock?

WIT stock was sold by a variety of institutional investors in the last quarter, including Segantii Capital Management Ltd, Goldman Sachs Group Inc., Barclays PLC, Amundi Pioneer Asset Management Inc., Stevens Capital Management LP, Panagora Asset Management Inc., Bank of Montreal Can and Bank of America Corp DE.

Which major investors are buying Wipro stock?

WIT stock was bought by a variety of institutional investors in the last quarter, including Schroder Investment Management Group, State Street Corp, First Trust Advisors LP, Vestcor Investment Management Corp, AQR Capital Management LLC, Acadian Asset Management LLC, Credit Suisse AG and Oxford Asset Management LLP.

How do I buy shares of Wipro?

Shares of WIT can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Robinhood, Fidelity and Charles Schwab.

What is Wipro's stock price today?

One share of WIT stock can currently be purchased for approximately $3.83.

How big of a company is Wipro?

Wipro has a market capitalization of $23.02 billion and generates $8.47 billion in revenue each year. The information technology services provider earns $1.30 billion in net income (profit) each year or $0.22 on an earnings per share basis. Wipro employs 170,000 workers across the globe.View Additional Information About Wipro.

What is Wipro's official website?

The official website for Wipro is http://www.wipro.com/.

How can I contact Wipro?

Wipro's mailing address is DODDAKANAHALLI VILLAG VARTHUR HOBLI SARJAPUR RD, BANGALORE K7, 560035. The information technology services provider can be reached via phone at 91-80-4672-6603 or via email at [email protected]

MarketBeat Community Rating for Wipro (NYSE WIT)

Community Ranking:  1.8 out of 5 (star)
Outperform Votes:  294 (Vote Outperform)
Underperform Votes:  519 (Vote Underperform)
Total Votes:  813
MarketBeat's community ratings are surveys of what our community members think about Wipro and other stocks. Vote "Outperform" if you believe WIT will outperform the S&P 500 over the long term. Vote "Underperform" if you believe WIT will underperform the S&P 500 over the long term. You may vote once every thirty days.
This page was last updated on 2/20/2020 by MarketBeat.com Staff

Featured Article: Nikkei 225 Index

Enter your email address below to receive a concise daily summary of analysts' upgrades, downgrades and new coverage with MarketBeat.com's FREE daily email newsletter.

Yahoo Gemini Pixel