Wipro

Wipro

WIPRO

 ₹ 524.51
 ₹ 3.68
0.71%
IT
 ₹ 524.51
3.68(0.71%)1D
Updated: 04 Oct 2024, 03:38:17 pm IST
Stock Score
Open Price
 ₹ 523.79
Prev. Close
 ₹ 520.83
 ₹ 522.01
Day Low
 ₹ 537.93
Day High

 ₹ 363.65
52 Week Low
 ₹ 629.56
52 Week High

Quick Bite

Price To Earnings Ratio

24.81

Sector PE

76.34

PB Ratio

3.71

Sector PB

8.46

EPS

21.14

Dividend Yield

0.21

Today's Volume

5.612 M

5 Day Avg. Volume

7.010 M

PEG Ratio

11.23

Market Cap.

₹ 2,80,000.00 Cr.

Returns Comparison

TimeWIPROVSIndustry
1 Day0.71%-0.26%
1 Week-2.28%-2.93%
1 Month3.32%-3.8%
6 Months4.41%0.51%
1 Year29.62%22.19%

StockGro Trade Views 👍

StockGro Trade Views 👍

Technical Trend

Neutral
academy home
Bearish
Neutral
Bullish

Pivot Levels

R3 ₹ 550.21
R2 ₹ 544.07
R1 ₹ 534.29
RESISTANCE
 ₹ 528.15
SUPPORT
S1 ₹ 518.37
S2 ₹ 512.23
S3 ₹ 502.45

Updated: 22 Jul 2024,09:18:33 am IST

Moving Averages

Strong Sell
Sell
Neutral
Buy
Strong Buy
Sell
3
Buy
3
Period (Days)SMAIndication
10538.54Bearish
20535.84Bearish
30533.02Bearish
50522.9Bullish
100508.17Bullish
200495.28Bullish

Updated: 04 Oct 2024, 03:30:00 pm IST

Analyst Rankings 👍

Analyst Rankings 👍

Shareholding Updates

PromotersPublicDIIFIIOthers
72.9%
Promoters
Dec 2023
Promoters  72.9%
FII  6.7%
DII  8.13%
Public  9.91%
Others  2.36%

Mutual Fund Ownership 👍

Mutual Fund Ownership 👍

Cash Flow

AnnualFY 2024FY 2023FY 2022
Operating Activities17621.6013060.1011079.70
Investing Activities1168.00-8406.50-22449.50
Financing Activities-18256.70-6088.104658.60
Net Cash Flow532.90-1434.50-6711.20

All Figures in ₹ Cr., unless mentioned otherwise

Ratios

Return on Equity (%)

Income Statement

All Figures in ₹ Cr., unless mentioned otherwise

Balance Sheet

All Figures in ₹ Cr., unless mentioned otherwise

Peer Comparison

Name1D (%)1W (%)1M (%)6M (%)1Y (%)
Wipro0.71-2.283.324.4129.62
HCL Technologies0.9-0.73-0.836.0536.97
Cyient0.72-3.01-5.25-14.165.74
Firstsource Solutions-1.47-6.53-3.8937.0477.2
Coforge1.063.8211.5320.7832.89
Returns as on 06 Oct, 2024

About Wipro

Wipro Limited is a technology services and consulting company. The Company operates through two segments: Information Technology (IT) Services, and IT Products. IT Services segment provides a range of IT and IT enabled services which include digital strategy advisory, customer centric design, technology consulting, IT consulting, custom application design, re-engineering and maintenance, systems integration, package implementation, cloud and infrastructure services, business process services, cloud, mobility and analytics services, research and development and hardware and software design. The IT Products segment provides a range of third-party IT products, which allows it to offer IT system integration services. These products include computing, platforms and storage, networking solutions, and software products. Its services include Applications, Artificial Intelligence, Business Process, Cloud, Consulting, Data & Analytics, Digital Experiences, Engineering, and Sustainability.

Wipro Share Price

Wipro Ltd. Fundamental Analysis

This guide will analyze Yes Bank Limited to understand what its business model is, and the industry fundamentals, as a result of which we can determine whether it would be a good investment for you.

Wipro Limited

Wipro Limited, which was originally called Western India Vegetable Products Limited, is an Indian multinational company that offers IT services, consulting, and business process management. Mohamed Premji started it on 29th December 1945 in Amalner, India.

During the late 1970s and 1980s, Wipro changed its strategy and moved into the emerging field of information technology (IT) and the computing industry.

Today, Wipro is one of the top Big Tech companies having capabilities spanning across cloud computing, computer security, digital transformation, artificial intelligence, robotics, data analytics, and other technology consulting services. It operates in 167 countries and has a workforce of more than 234, 000 employees.

Wipro is known for focusing on sustainability and inclusion as well as supporting the achievement of client aspirations through innovative solutions and ideas.

Is the IT (Information Technology) Sector a Goldmine Investment?

The IT sector in India is indeed a promising area for investment. The industry constantly enhances its digital capabilities by adopting deep tech technologies and focusing on deploying emerging technology solutions such as AI, Cybersecurity, and IoT.

In FY 2023, the technology industry was estimated to have 5.4 Mn employees and a contribution of 53% to India’s service exports. The government of India has taken major initiatives to promote the IT/ITeS sector, with up to 100% FDI allowed in various services under the automatic route.

As for Wipro, it’s a strong contender in the IT sector. The company has shown resilience and adaptability, making it a good choice for investment.

Therefore, investing in Wipro could be a strategic move for those looking to tap into the growth of India’s IT sector.

Who are Wipro’s competitors in the IT Sector?

Wipro, a leading global information technology (IT), consulting, and business process services company, competes in a competitive landscape. For example, some of the main rivals that can challenge Wipro within IT include:

  • HCL Technologies
  • IBM (International Business Machines)
  • Tata Consultancy Services
  • Tech Mahindra
  • DXC Technology
  • Infosys

History of Wipro Limited

Here’s a brief overview of Wipro Limited’s history covering all the aspects:

  • Incorporation: Wipro Limited was incorporated on 29 December 1945 in Amalner, India, by Mohamed Premji. It was initially named Western India Vegetable Products Limited. In 1966, after Mohamed Premji’s death, his son Azim Premji took over Wipro as its chairperson at the age of 21. The company shifted its focus to the IT and computing industries in the 1970s and 1980s.
  • Product Range: Wipro Limited is an Indian multinational corporation that provides information technology, consulting, and business process services. It has capabilities in cloud computing, computer security, digital transformation, artificial intelligence (AI), robotics, analytics, and other technology-related consulting services.
  • Infrastructure: Wipro Infrastructure Engineering is a diverse industrial engineering business with expertise spanning Hydraulics, Aerospace, Water treatment, Additive manufacturing, and Automation Solutions with 22 state-of-the-art manufacturing facilities across 4 continents.
  • Certifications: Wipro has received various certifications that demonstrate its compliance with national and international regulations and standards. For instance, it has received CE certification, FCC certification, and ISO/IEC 20000 certification.
  • Awards and Recognition: Wipro has been recognized as one of the world’s most ethical companies for the tenth consecutive year. It has also received numerous corporate awards for the innovations it has introduced and the milestones it has achieved. For instance, Wipro was named the Engineering, Research and Development (ER&D) Organization of the Year

Company Profile of Wipro Limited

Pros:

  • Strong Financial Performance: Wipro has shown a strong financial performance over the years.
  • Global Presence: Wipro is a leading global IT, consulting, and business process services company. Its global presence and diverse portfolio provide it with a competitive edge.
  • Positive Industry Outlook: The fundamental outlook for the IT Services and Consulting sub-industry for the next 12 months is positive.

Cons:

  • Revenue Decline: Wipro’s gross revenue decreased by 0.8% year-over-year (YoY), indicating a potential slowdown in business growth.
  • Segment Revenue Decrease: The IT services segment revenue saw a decrease of 3.8% YoY, which could be a concern for investors looking for growth in the core business area.
  • Operating Margin: While there was a slight increase in operating margin, the overall contraction in margins and a minor decline in revenue as expected by analysts like Kotak Equities could signal pressure on profitability.
  • Voluntary Attrition: A voluntary attrition rate of 14.2% on a trailing 12-month basis might suggest challenges in retaining talent, which is crucial for service-oriented companies.

The Finances

Here’s a summary of Wipro Limited’s financial information as of May 2024:

Metric

Value

Market cap

Rs. 2,29,094 Cr.

Book value

Rs. 143 (Per share)

Dividend Yield

0.23 %

ROCE

17.2 %

ROE

14.5 %

Face Value

Rs. 2.00

Shareholding pattern of Wipro Ltd.

According to the most recent data, Wipro Ltd. has the following shareholding pattern.

Peer Multiple Comparison

Here are some of the key competitors of Yes Bank Ltd. and their respective financial metrics:

Metric

HCL Technologies

Infosys

Tata Consultancy Services

Tech Mahindra

P/E Ratio

23.02

22.59

29.44

51.40

P/B Ratio

5.29

6.70

14.80

4.46

Dividend Yield (Avg.)

5.26

3.22

1.95

3.22

Wipro FAQs

How to Buy Wipro Share?

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To purchase Wipro shares, you can open a Demat & Trading account through a broker or financial institution. Once your account is set up and funded, search for Wipro (ticker symbol: WIPRO) on the trading platform provided by your broker and purchase the shares.

What's Wipro share price today?

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The stock price of Wipro as of 05 Oct 2024 is ₹524.51

What is the Market Cap of Wipro?

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Market capitalisation represents the total market value of a company's outstanding shares. As of 05 Oct 2024, Wipro (ticker symbol: WIPRO) has a market capitalisation of approximately ₹0.00

What is the PE and PB ratio of Wipro?

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Wipro Ltd's price-to-book ratio as of 05 Oct 2024 is 0, reflecting the market's valuation compared to its asset value. As of 05 Oct 2024, the trailing twelve months P/E (price-to-earnings) ratio is 0, indicating the market values the company at around ₹0.00 for every ₹1 of earnings

What is the 52 Week High and Low of Wipro Share?

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Wipro Ltd (WIPRO) hit its 52-week high at ₹0.00, and its 52-week low at { ₹0.00}.
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