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Wipro NYSE:WIT Stock Report

Last Price

US$5.40

Market Cap

US$28.6b

7D

-1.1%

1Y

16.6%

Updated

05 May, 2024

Data

Company Financials +

WIT Stock Overview

Wipro Limited operates as an information technology (IT), consulting, and business process services company worldwide.

WIT fundamental analysis
Snowflake Score
Valuation3/6
Future Growth1/6
Past Performance2/6
Financial Health5/6
Dividends0/6

Wipro Limited Competitors

Price History & Performance

Summary of all time highs, changes and price drops for Wipro
Historical stock prices
Current Share Price₹5.40
52 Week High₹6.45
52 Week Low₹4.48
Beta0.70
1 Month Change-6.25%
3 Month Change-6.41%
1 Year Change16.63%
3 Year Change-28.57%
5 Year Change19.73%
Change since IPO223.72%

Recent News & Updates

Wipro: Focus On Peer's Performance And Long-Term Potential

Apr 03

Recent updates

Wipro: Focus On Peer's Performance And Long-Term Potential

Apr 03

Wipro: On The Recovery Path

Jan 15

Wipro Gains Large Clients Despite Tough Demand Environment

Oct 31

Wipro: Growth In The AI Digital Age

Aug 25

Wipro Faces Soft Client Discretionary Spending Amid Macro Uncertainties

Jun 28

Wipro goes ex dividend tomorrow

Jan 23

Wipro Q3 2023 Earnings Preview

Jan 12

Wipro to enable application transformation for Mazda Europe

Dec 15

Wipro to launch dedicated VMware-focused business unit

Nov 08

Wipro appoints Suzanne Dann as CEO for Americas 2 Strategic Market Unit

Oct 20

Wipro Q2 2023 Earnings Preview

Oct 11

Wipro: Results Fall Short Again As Profit Outlook Remains Bleak

Jul 27

Wipro Q1 2023 Earnings Preview

Jul 19

Wipro: Valuation Discount Warranted Amid Slowing Growth

May 10

Wipro: Moderating Growth Clouds The Near-Term Outlook

Jan 24

Wipro: Impressive Headline Numbers But Margin Uncertainty Remains A Key Concern

Oct 27

Wipro: Turnaround On Track But Sustainability Remains In Question

Jul 19

Wipro enables zero cost transformation with Oracle Cloud Infrastructure

Jun 14

Wipro, Finastra team up to accelerate digital banking across Asia-Pacific

Jun 02

Wipro partners with Transcell Oncologics to improve safety of global vaccine immunization programs

May 05

Shareholder Returns

WITUS ITUS Market
7D-1.1%-1.1%0.7%
1Y16.6%20.7%23.9%

Return vs Industry: WIT underperformed the US IT industry which returned 20.7% over the past year.

Return vs Market: WIT underperformed the US Market which returned 23.9% over the past year.

Price Volatility

Is WIT's price volatile compared to industry and market?
WIT volatility
WIT Average Weekly Movement3.6%
IT Industry Average Movement8.1%
Market Average Movement6.1%
10% most volatile stocks in US Market16.7%
10% least volatile stocks in US Market3.0%

Stable Share Price: WIT has not had significant price volatility in the past 3 months.

Volatility Over Time: WIT's weekly volatility (4%) has been stable over the past year.

About the Company

FoundedEmployeesCEOWebsite
1945250,000Srini Palliawww.wipro.com

Wipro Limited operates as an information technology (IT), consulting, and business process services company worldwide. It operates through 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 and IT consulting, custom application design, development, re-engineering and maintenance, systems integration, package implementation, cloud and infrastructure, business process, cloud, mobility and analytics, research and development, and hardware and software design services to enterprises.

Wipro Limited Fundamentals Summary

How do Wipro's earnings and revenue compare to its market cap?
WIT fundamental statistics
Market capUS$28.61b
Earnings (TTM)US$1.32b
Revenue (TTM)US$10.77b

21.6x

P/E Ratio

2.7x

P/S Ratio

Earnings & Revenue

Key profitability statistics from the latest earnings report (TTM)
WIT income statement (TTM)
Revenue₹897.60b
Cost of Revenue₹631.50b
Gross Profit₹266.11b
Other Expenses₹155.65b
Earnings₹110.45b

Last Reported Earnings

Mar 31, 2024

Next Earnings Date

n/a

Earnings per share (EPS)21.16
Gross Margin29.65%
Net Profit Margin12.31%
Debt/Equity Ratio18.8%

How did WIT perform over the long term?

See historical performance and comparison

Dividends

0.2%

Current Dividend Yield

5%

Payout Ratio
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