Wipro Ltd. News

NSE: Wipro Industry : IT - Software

Wipro tumbles on reporting marginal fall in Q3 consolidated net profit

Total consolidated income of the company increased by 27.37% at Rs 20,791.50 crore for Q3FY22

13 Jan 2022, 12:02 PM

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Wipro planning to hire about 30,000 freshers in FY23

The company is working continuously to make sure that supply is not a constraint in managing the robust demand environment

13 Jan 2022, 10:51 AM

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Wipro reports marginal fall in Q3 consolidated net profit

Total consolidated income of the company increased by 27.37% at Rs 20,791.50 crore for Q3FY22

12 Jan 2022, 16:26 PM

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Wipro rises on completing acquisition of LeanSwift Solutions

Earlier, Wipro had signed a definitive agreement to acquire LeanSwift Solutions

03 Jan 2022, 09:32 AM

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Wipro completes acquisition of LeanSwift Solutions

Earlier, Wipro had signed a definitive agreement to acquire LeanSwift Solutions

01 Jan 2022, 11:59 AM

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Wipro completes acquisition of Edgile

Earlier, Wipro had signed a definitive agreement to acquire Edgile

01 Jan 2022, 11:16 AM

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Wipro trades higher on inking agreement to acquire Edgile

Together, the company and Edgile will develop Wipro CyberTransform, an integrated suite that will help enterprises enhance boardroom governance of cyber security risk

21 Dec 2021, 09:50 AM

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Wipro inks agreement to acquire Edgile

Together, the company and Edgile will develop Wipro CyberTransform, an integrated suite that will help enterprises enhance boardroom governance of cyber security risk

20 Dec 2021, 16:57 PM

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Wipro trades higher on the BSE

The company has entered into a partnership with Italy-based UMPI

20 Dec 2021, 10:44 AM

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Wipro gains on signing agreement to acquire LeanSwift Solutions

The acquisition aligns with Wiproas strategy to invest and expand its cloud transformation business through Wipro FullStride Cloud Services

17 Dec 2021, 10:57 AM

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Wipro signs agreement to acquire LeanSwift Solutions

The acquisition aligns with Wiproas strategy to invest and expand its cloud transformation business through Wipro FullStride Cloud Services

16 Dec 2021, 11:26 AM

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Wipro rises on inking pact with Italy-based UMPI

The Wipro Sewage Monitor to empower water companies in Europe to improve accuracy and efficiency as they monitor their systems

16 Dec 2021, 10:01 AM

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Wipro deepens Microsoft Cybersecurity Expertise

This enables organizations to secure enterprise identities, devices and apps from advanced threats across on-premise and multi-cloud environments

16 Dec 2021, 10:08 AM

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Wipro inks pact with Italy-based UMPI

The Wipro Sewage Monitor to empower water companies in Europe to improve accuracy and efficiency as they monitor their systems

16 Dec 2021, 09:34 AM

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Wipro introduces regulatory literature monitoring for pharmaceutical organizations

The company has entered into managed services engagement with Springer Nature to introduce regulatory literature

15 Dec 2021, 17:54 PM

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Wipro named as aleadera in Forrester Wave Data Management Service Providers

Wipro received differentiated ratings in the data engineering, execution roadmap, community, data cloud and migration, data quality, and delivery model criteria

15 Dec 2021, 17:11 PM

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Wipro recognized as leader in IDC MarketScape

The independent assessment analyses service providers supporting end-to-end smart manufacturing programs

14 Dec 2021, 17:52 PM

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Today's price summary

Performance Today

Inline with Sector

Consecutive Fall

Stock has been losing for the last 4 days and has fallen -8.29% returns in the period

Moving Averages

higher than 200 day moving averages but lower than 5 day, 20 day, 50 day and 100 day moving averages

Rising Investor Participation

Delivery Vol of 77.27 lacs on 14 Jan has risen by 20.79% against 5-day avg delivery vol

Liquidity

Based on 2% of 5 day average traded Value the stock is liquid enough for trade size of Rs 21.76 cr

Stock DNA

1 Years Returns

STOCK

-59.48

SECTOR

-61.76

SENSEX

-75.16

Industry

IT - Software

MARKET CAP

Rs 3,49,954 Cr

PE (TTM)

28.95

DIVIDEND YIELD

0.16%

Moving average Buy Sell
Technical Indicator Buy Sell
Moving average Buy Sell
Technical Indicator Buy Sell
Moving average Buy Sell
Technical Indicator Buy Sell

Wipro Ltd. is a multi-faceted brand engaged in offering information technology solutions as well as FMCG products. 

Wipro offers information technology consulting and business process solutions to a global clientele utilising analytics, robotics, cloud, and advanced emerging technologies. The company is built on a scalable and adaptive ecosystem, which helped it strive under different market conditions. 

Company profile and background

Mohamed Hashem Premji started Western India Product Ltd. in 1945. The company initially produced refined edible oil. After his death, his son Azim Premji took the company's helm, and in 1980, Wipro Ltd. switched its focus to become an information technology company.   

Wipro is a leading IT consulting, business process service company in India with a global footprint in over 54 countries. They offer IT solutions in Systems Integration, Consulting, R&D Services, Information Systems Outsourcing, IT-Enabled Services and more. Their headquarter is located in Bengaluru, with offices across several Indian cities.

In 2001, Wipro Ltd. became the first Indian software technology company to receive ISO:14001 certification. 

In 2013, Wipro carried out a demerger process segregating consumer care, lighting engineering, and other non-IT businesses from its IT segment to focus primarily on information technology. 

The total net worth of Wipro Ltd. in August 2021 was Rs 555 billion, and its current market capitalisation is Rs. 359,733.57 crores. It is the third-largest Indian software company in terms of market share.

Company's financial performance 

  • The company stocks have garnered 182.84% returns in the last three years against 64.35% returns provided by NIFTY 100 and 182.84% returns compared to 146.63% on NIFTY IT.
  • Their Q2FY22 consolidated income was Rs 20,173.60 crore, a sequential gain of 5.92%.
  • Their year-on-year total income increased by 28.89% against Rs 15,651.40 crores last year.
  • The company's net profit after tax stood at Rs 2,931.60 crore in Q2 FY22.

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