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 Date10/15/2019 (Confirmed)
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."
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 minted shares were issued to shareholders after the closing bell 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) announced its quarterly earnings results on Wednesday, July, 17th. 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 $139.80 million for the quarter, compared to analysts' expectations of $147.23 billion. Wipro had a net margin of 15.65% and a return on equity of 16.57%. The company's quarterly revenue was down 5.0% compared to the same quarter last year. View Wipro's Earnings History.
When is Wipro's next earnings date?
What price target have analysts set for WIT?
6 analysts have issued 12-month price targets for Wipro's shares. Their forecasts range from $3.46 to $5.78. On average, they expect Wipro's stock price to reach $4.33 in the next twelve months. This suggests a possible upside of 17.3% 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 2 sell ratings and 4 hold ratings for the stock, resulting in a consensus recommendation of "Hold." View Analyst Ratings for Wipro.
Has Wipro been receiving favorable news coverage?
Press coverage about WIT stock has been trending neutral recently, according to InfoTrie. 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 public companies on a scale of negative five to five, with scores closest to five being the most favorable. Wipro earned a news sentiment score of 0.4 on InfoTrie's scale. They also assigned press coverage about the information technology services provider a news buzz of 0.0 out of 10, indicating that recent press coverage is extremely unlikely to have an effect on the stock's share price in the next few days. View News Stories for Wipro.
Are investors shorting Wipro?
Wipro saw a drop in short interest during the month of September. As of September 30th, there was short interest totalling 15,750,000 shares, a drop of 11.3% from the August 30th total of 17,760,000 shares. Based on an average daily volume of 1,300,000 shares, the days-to-cover ratio is presently 12.1 days. Approximately 0.3% of the company's stock 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), PROS (PRO), Sogou (SOGO), Endava (DAVA), 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 investors include Financial Gravity Wealth Inc. (0.00%).
Which institutional investors are selling Wipro stock?
WIT stock was sold by a variety of institutional investors in the last quarter, including Financial Gravity Wealth Inc..
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 $3.69.
How big of a company is Wipro?
Wipro has a market capitalization of $22.18 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.
