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DOW   30,937.04
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S&P 500   3,849.62
DOW   30,937.04
QQQ   328.59
S&P 500   3,849.62
DOW   30,937.04
QQQ   328.59
S&P 500   3,849.62
DOW   30,937.04
QQQ   328.59
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NYSE:WIT

Wipro Stock Forecast, Price & News

$6.48
+0.04 (+0.62 %)
(As of 01/26/2021 12:00 AM ET)
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Today's Range
$6.41
Now: $6.48
$6.49
50-Day Range
$5.25
MA: $5.87
$6.58
52-Week Range
$2.52
Now: $6.48
$6.72
Volume2.01 million shs
Average Volume2.56 million shs
Market Capitalization$36.89 billion
P/E Ratio28.17
Dividend Yield0.16%
Beta0.6
Wipro Limited operates as an information technology (IT), consulting, and business process services (BPS) company worldwide. It operates in 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 consulting, IT consulting, custom application design, development, re-engineering and maintenance, systems integration, package implementation, infrastructure, analytics, business process, research and development, and hardware and software design services to enterprises. It serves customers in various industry verticals, such as banking, financial services, and insurance; health business; consumer business; energy, natural resources, and utilities; manufacturing; technology; and communications. The IT Products segment provides a range of third-party IT products comprising enterprise platforms, networking solutions, software and data storage products, contact center infrastructure, enterprise security, IT optimization technologies, video solutions, and end-user computing solutions. It serves enterprises in various industries primarily in the India market, which comprise the government, defense, IT and IT-enabled services, telecommunications, manufacturing, utilities, education, and financial services sectors. The ISRE segment offers IT services to entities and/or departments owned or controlled by the Government of India and/or various Indian State Governments. The company has research collaboration agreements with the University of Texas at Austin; Tel Aviv University, Israel; Swinburne University, Melbourne; IIT Kharagpur; IIT Madras; IISc Bangalore; and University of Agricultural Sciences, Bangalore; and strategic relationship with Amazon Web Services in the area of DevOps. Wipro Limited was founded in 1945 and is based in Bengaluru, India.
Wipro logo

MarketRank

Overall MarketRank

1.07 out of 5 stars

Computer And Technology Sector

598th out of 1,510 stocks

Custom Computer Programming Services Industry

21st out of 45 stocks

Analyst Opinion: 0.0Community Rank: 1.8Dividend Strength: 1.7Insider Behavior: 0.0Valuation: 1.9 5 -4 -3 -2 -1 -

Industry, Sector and Symbol

Industry Custom computer programming services
Sub-IndustryN/A
CUSIPN/A
Phone91-80-4672-6603
Employees185,243
Year FoundedN/A

Debt

Price-To-Earnings

Sales & Book Value

Annual Sales$8.09 billion
Cash Flow$0.36 per share
Book Value$1.30 per share

Profitability

Net Income$1.29 billion

Miscellaneous

Outstanding Shares5,693,047,000
Market Cap$36.89 billion
Next Earnings Date4/21/2021 (Estimated)
OptionableOptionable
$6.48
+0.04 (+0.62 %)
(As of 01/26/2021 12:00 AM ET)
30 days | 90 days | 365 days | Advanced Chart

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Wipro (NYSE:WIT) Frequently Asked Questions

How has Wipro's stock price been impacted by COVID-19?

Wipro's stock was trading at $3.14 on March 11th, 2020 when COVID-19 reached pandemic status according to the World Health Organization. Since then, WIT stock has increased by 106.4% and is now trading at $6.48.
View which stocks have been most impacted by COVID-19
.

Is Wipro a buy right now?

5 Wall Street research analysts have issued "buy," "hold," and "sell" ratings for Wipro in the last year. There are currently 2 sell ratings, 2 hold ratings and 1 buy rating for the stock. The consensus among Wall Street research analysts is that investors should "hold" Wipro stock. A hold rating indicates that analysts believe investors should maintain any existing positions they have in WIT, but not buy additional shares or sell existing shares.
View analyst ratings for Wipro
or view MarketBeat's top 5 stock picks.

What stocks does MarketBeat like better than Wipro?

Wall Street analysts have given Wipro a "Hold" rating, but there may be better short-term opportunities in the market. Some of MarketBeat's past winning trading ideas have resulted in 5-15% weekly gains. MarketBeat just released five new trading ideas, but Wipro wasn't one of them. MarketBeat thinks these five stocks may be even better buys.
View MarketBeat's top stock picks here.

What is Thierry Delaporte's approval rating as Wipro's CEO?

60 employees have rated Wipro CEO Thierry Delaporte on Glassdoor.com. Thierry Delaporte has an approval rating of 86% among Wipro's employees.

When is Wipro's next earnings date?

Wipro is scheduled to release its next quarterly earnings announcement on Wednesday, April 21st 2021.
View our earnings forecast for Wipro
.

How were Wipro's earnings last quarter?

Wipro Limited (NYSE:WIT) released its quarterly earnings data on Tuesday, January, 12th. The information technology services provider reported $0.07 earnings per share for the quarter, topping analysts' consensus estimates of $0.06 by $0.01. The information technology services provider had revenue of $2.15 billion for the quarter, compared to analyst estimates of $2.11 billion. Wipro had a net margin of 15.72% and a trailing twelve-month return on equity of 17.14%.
View Wipro's earnings history
.

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

Wipro declared an annual dividend on Wednesday, January 13th. Shareholders of record on Monday, January 25th will be paid a dividend of $0.012 per share on Monday, January 25th. This represents a dividend yield of 0.19%. The ex-dividend date is Friday, January 22nd.
View Wipro's dividend history
.

Is Wipro a good dividend stock?

Wipro pays an annual dividend of $0.01 per share and currently has a dividend yield of 0.16%. The dividend payout ratio of Wipro is 4.55%. This payout ratio is at a healthy, sustainable level, below 75%. Based on earnings estimates, Wipro will have a dividend payout ratio of 4.00% next year. This indicates that Wipro will be able to sustain or increase its dividend.
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 created 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.

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), Cisco Systems (CSCO), Raytheon Technologies (RTX), Abbott Laboratories (ABT), Ford Motor (F), The Walt Disney (DIS), Intel (INTC), Tata Motors (TTM), Alibaba Group (BABA) and General Electric (GE).

Who are Wipro's key executives?

Wipro's management team includes the following people:
  • Mr. Rishad Azim Hasham Premji Jr., Exec. Chairman (Age 44)
  • Mr. B. M. Bhanumurthy, Pres & COO (Age 57)
  • Mr. Saurabh Govil, Pres & Chief HR Officer (Age 53)
  • Mr. Jatin Pravinchandra Dalal, Pres & CFO (Age 46)
  • Mr. K. R. Sanjiv, Chief Technology Officer (Age 57)
  • Mr. Deepak Acharya, Gen. Counsel & Global Head of Legal (Age 54)
  • Mr. Anand Padmanabhan, Pres of Bus. Devel. & Strategic Sales (Age 58)
  • Ms. Sunita Rebecca Cherian, Sr. VP of HR (Age 47)
  • Mr. Keyur Maniar BE, MBA, Diploma, Sr. VP (Age 51)
  • Kumudha Sridharan, Sr. VP (Age 57)

What is Wipro's stock symbol?

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

Who are Wipro's major shareholders?

Wipro's stock is owned by a number of retail and institutional investors. Top institutional shareholders include Janney Montgomery Scott LLC (0.03%), JustInvest LLC (0.00%), Crossmark Global Holdings Inc. (0.00%), Ritholtz Wealth Management (0.00%), Candriam Luxembourg S.C.A. (0.00%) and Kestra Private Wealth Services LLC (0.00%).

Which major investors are selling Wipro stock?

WIT stock was sold by a variety of institutional investors in the last quarter, including JustInvest LLC.

Which major investors are buying Wipro stock?

WIT stock was purchased by a variety of institutional investors in the last quarter, including Janney Montgomery Scott LLC, Ritholtz Wealth Management, JJJ Advisors Inc., Crossmark Global Holdings Inc., Candriam Luxembourg S.C.A., Kestra Private Wealth Services LLC, and PDS Planning 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 WeBull, 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 $6.48.

How big of a company is Wipro?

Wipro has a market capitalization of $36.89 billion and generates $8.09 billion in revenue each year. The information technology services provider earns $1.29 billion in net income (profit) each year or $0.22 on an earnings per share basis. Wipro employs 185,243 workers across the globe.

What is Wipro's official website?

The official website for Wipro is 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]

This page was last updated on 1/27/2021 by MarketBeat.com Staff

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