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India's Wipro Exec Says Co's Pipeline Shows Healthy Mix Of Large, Mid-Sized Deals
Wipro Dec-Quarter IT Services Operating Margin Was 17.6%
Wipro Says Approved Interim Dividend Of 1 Rupee/Shr
Wipro Limited (Wipro) is a global information technology (IT), consulting and business services provider. It operates through two segments: IT Services and IT Products. The Company's IT Services business provides a range of IT and IT-enabled services, which include digital strategy advisory, customer centric design, technology consulting, IT consulting, custom application design, development, re-engineering and maintenance, systems integration, package implementation, global infrastructure services, analytics services, business process 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. Its products include computing, Platforms and Storage, Networking Solutions, Enterprise Information Security, and software products, including databases and operating systems. It is a reseller of third-party enterprise products through its direct sales force.
Survey #76P & #80P Doddakanahalli Villag
Varthur Hobli Sarjapur Rd Bangalore
Rishad Azim Premji
Executive Chairman of the Board
Chief Executive Officer, Managing Director, Executive Director, Member of the Executive Board
Jatin Pravinchandra Dalal
Chief Financial Officer, Member of the Executive Board
Chief Operations Officer, Member of the Executive Board
Chief Human Resource Officer, Member of the Executive Board
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Price To Sales (TTM)
Price To Book (MRQ)
Price To Cash Flow (TTM)
Total Debt To Equity (MRQ)
LT Debt To Equity (MRQ)
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Return on Equity (TTM)
Shares of Wipro Ltd fell as much as 6.3% on Thursday, a day after the Indian IT services provider reported subdued growth in quarterly profit while larger peers posted strong results amid upbeat demand outlook.
Shares of India's Wipro Ltd surged as much as 7.6% to a record high on Thursday, a day after the IT services company beat market expectations to log a near 19% rise in quarterly consolidated net profit.
Indian shares lost ground on Wednesday afternoon, hurt by losses in heavyweights such as Reliance Industries and Wipro , while telecom stocks gave up gains after a source said the cabinet did not take up a proposal for telecom relief measures.
Wipro Ltd's shares rose as much as 2.3% to a record high on Friday, a day after the Indian IT services firm reported a jump in quarterly profit ahead of analysts' estimates, helped by increased demand for digital services during the pandemic.
Infosys Ltd raised its annual revenue forecast on Wednesday, as India's second-largest IT services company wins more contracts from global businesses expanding their digital offerings during the COVID-19 pandemic.
Indian shares closed higher on Friday, led by a 9% jump in Wipro after strong quarterly results, as investors momentarily shifted focus from surging coronavirus cases and awaited cues from further corporate earnings.
Wipro Ltd's shares rose 8% on Friday, a day after the Indian IT services firm reported a quarterly profit above analysts' estimates, helped by growth across key verticals and large deal wins.
Wipro Ltd said on Thursday it would buy British consultancy Capco for $1.45 billion in cash, as the Indian software giant looks to boost its offerings for the financial services industry that generates the bulk of its revenue.
Indian shares rose on Wednesday to a record high, led by gains in Bharti Airtel after the telecom operator initiated process to increase foreign investment, and ahead of earnings from technology heavy weights Infosys and Wipro due later in the day.
Shares of Wipro Ltd fell 6.8% on Wednesday, a day after the software services firm posted quarterly organic revenue growth that was lower than peers and disappointed some investors with its plans to revive growth.
Indian shares ended higher for a sixth session as buyback plans from Tata Consultancy Services and Wipro powered the main stock index to a level last seen in February.
India's Wipro Ltd on Friday named Thierry Delaporte as the new chief executive officer and managing director of the IT company, replacing Abidali Neemuchwala.
India's Wipro Ltd on Friday named Thierry Delaporte as chief executive officer and managing director of the company, effective July 6, 2020.
* WIPRO LTD - SIGNS MOU WITH MAHARASHTRA TO REPURPOSE PUNE IT FACILITY TO 450-BED COVID-19 HOSPITAL Source text for Eikon: Further company coverage:
(This April 20 story corrects company name to TCS in fourth paragraph)
* Wipro falls up to 3.5%; TCS down ahead of results (Adds analyst comment, updates shares)
Indian software services firm Wipro <WIPR.NS> on Wednesday said it would not forecast revenue for the next quarter because of the uncertain market conditions caused by the coronavirus pandemic.
Wipro Ltd executives during a press briefing:
Indian software exporter Wipro Ltd said on Wednesday it will not give a forecast for revenue growth for the June quarter following uncertainty due to the coronavirus pandemic.
* WE HAVE DECIDED TO NOT PROVIDE REVENUE GUIDANCE FOR THE QUARTER ENDING JUNE 30, 2020 BECAUSE OF COVID UNCERTAINTY
Quote and financial data from Refinitiv. Fund performance data provided by Lipper. All quotes delayed a minimum of 15 minutes.