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.
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Industry, Sector and Symbol
Industry Custom computer programming services
Sub-IndustryN/A
SectorComputer and Technology
Phone91-80-4672-6603
Debt
Price-To-Earnings
Sales & Book Value
Annual Sales$8.47 billion
Profitability
Miscellaneous
Employees170,000
Next Earnings Date4/21/2020 (Estimated)
OptionableOptionable
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 paid a dividend of $0.014 per share on Monday, January 1st. The ex-dividend date is Friday, January 24th. View Wipro's Dividend History.
When did Wipro's stock split? How did Wipro's stock split work?
Wipro shares split before market open on Friday, June 9th 2017. The 2-1 split was announced on Monday, June 12th 2017. The newly minted shares were issued 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) posted its quarterly earnings data on Tuesday, January, 14th. The information technology services provider reported $0.06 earnings per share (EPS) for the quarter, hitting the consensus estimate of $0.06. The information technology services provider had revenue of $2.17 billion for the quarter, compared to analyst estimates of $2.19 billion. Wipro had a return on equity of 17.75% and a net margin of 16.38%. View Wipro's Earnings History.
When is Wipro's next earnings date?
What price target have analysts set for WIT?
6 brokerages have issued 1 year target prices for Wipro's shares. Their forecasts range from $3.46 to $3.75. On average, they expect Wipro's share price to reach $3.61 in the next twelve months. This suggests a possible upside of 4.5% from the stock's current price. View Analyst Price Targets for Wipro.
What is the consensus analysts' recommendation for Wipro?
6 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Wipro in the last year. There are currently 4 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?
News coverage about WIT stock has been trending somewhat positive recently, according to InfoTrie Sentiment. InfoTrie scores the sentiment of press coverage by analyzing more than six thousand news and blog sources in real-time. The firm ranks coverage of publicly-traded companies on a scale of negative five to five, with scores nearest to five being the most favorable. Wipro earned a daily sentiment score of 0.8 on InfoTrie's scale. They also assigned media coverage about the information technology services provider a news buzz of 10.0 out of 10, meaning that recent press coverage is extremely likely to have an effect on the stock's share price in the near future. View News Stories for Wipro.
Are investors shorting Wipro?
Wipro saw a increase in short interest in 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 daily trading volume, of 1,200,000 shares, the days-to-cover ratio is presently 11.8 days. Currently, 0.2% of the company's shares are sold short. View Wipro's Current Options Chain.
Who are some of Wipro's key competitors?
Some companies that are related to Wipro include Infosys (INFY), Cognizant Technology Solutions (CTSH), Verisign (VRSN), NTT DATA CORP/ADR (NTDTY), Obic (OBIIF), EPAM Systems (EPAM), Amdocs (DOX), Aspen Technology (AZPN), Zscaler (ZS), GEMALTO NV/S (GTOMY), Endava (DAVA), PROS (PRO), Sogou (SOGO), Perficient (PRFT) and Virtusa (VRTU).
What other stocks do shareholders of Wipro own?
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 variety of of institutional and retail investors. Top institutional shareholders include Schroder Investment Management Group (0.16%), State Street Corp (0.12%), AQR Capital Management LLC (0.12%), LMR Partners LLP (0.09%), Goldman Sachs Group Inc. (0.07%) and Segantii Capital Management Ltd (0.06%).
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., LMR Partners LLP, Barclays PLC, Amundi Pioneer Asset Management Inc., Stevens Capital Management LP, Panagora Asset Management Inc. and Bank of Montreal Can.
Which major investors are buying Wipro stock?
WIT stock was purchased 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 $3.45.
How big of a company is Wipro?
Wipro has a market capitalization of $20.73 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?
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)
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.
