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WIT - Wipro Limited

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Wipro Limited

WIT

NYSE

Wipro Limited operates as 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. It serves customers in various industry sectors, such as healthcare and medical devices, consumer goods and life sciences, retail, transportation and services, communications, media and information services, technology products and platforms, banking, financial services and insurance, manufacturing, hi-tech, energy, and utilities. 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 departments owned or controlled by the Government of India and/or various Indian State Governments. The company was incorporated in 1945 and is based in Bengaluru, India.

2.82 USD

0.02 (0.709%)

Latest WIT News

Parth Sanghvi

Jan 20, 2025

Wipro's Shares Surge Amid Optimism for IT Demand Revival

Wipro (NYSE:WIT) shares soared nearly 8% on Monday, marking their best trading day in almost four years, as India's fourth-largest IT services firm reported a positive outlook for demand recovery. Key Highlights Third-Quarter Results: Wipro surpassed market expectations for revenue and profit in Q3. CEO Srinivas Pallia highlighted a gradual return of discretionary spending, particularly after a challenging macroeconomic environment in 2024. BFSI Segment Growth: The Banking, Finan...

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Zacks Investment Research

Jul 22, 2024

CTSH or WIT: Which Is the Better Value Stock Right Now?

Investors with an interest in Business - Software Services stocks have likely encountered both Cognizant (CTSH) and Wipro Limited (WIT). But which of these two stocks is more attractive to value investors?

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Reuters

Jul 22, 2024

India's Wipro tanks after Q1 results disappoint

Wipro's shares dropped the most in more than four years on Monday morning as investors punished India's no. 4 IT services firm for its poor growth at a time when rivals talked of a return of client spending and posted strong results.

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Reuters

Jul 19, 2024

India's Wipro misses Q1 revenue view

Wipro , India's fourth-largest IT services player, missed quarterly revenue expectations on Friday due to prolonged softness in key geographies such as Europe, and Asia Pacific, India, Middle East and Africa.

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Zacks Investment Research

Jun 17, 2024

Wipro (WIT) to Accelerate Hanesbrands' Digital Transformation

Wipro (WIT) secures a contract from its long-term partner, Hanesbrands, to improve the latter's profitability and business growth through the acceleration of digital transformation.

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Reuters

May 23, 2024

Former Wipro CEO Delaporte earned $20 mln in last year at helm

India's No.4 IT services firm Wipro paid $20.1 million in annual compensation to former CEO Thierry Delaporte who resigned in April, well before his five-year term was set to end in July 2025.

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Reuters

May 17, 2024

Wipro COO Amit Choudhary quits, business operations head Jain named successor

India's Wipro said on Friday that its chief operating officer Amit Choudhary is stepping down, with Sanjeev Jain, current global head of business operations named as his successor with immediate effect.

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CNBC International TV

Apr 22, 2024

India's Wipro discusses its 'focus sectors'

Aparna Iyer of the Indian IT services firm discusses uncertainty in markets and the company's strategy and business outlook.

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Reuters

Apr 22, 2024

India's Wipro rises as Street pins hopes on new CEO after Q4 results

Shares of Wipro rose as much as 2.4% on Monday, after India's No.4 software services exporter posted better-than-expected fourth-quarter results, while some analysts pinned hopes on new CEO Srinivas Pallia to anchor a turnaround.

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Seeking Alpha

Apr 19, 2024

Wipro Limited (WIT) Q4 2024 Earnings Call Transcript

Wipro Limited (NYSE:WIT ) Q4 2024 Earnings Conference Call April 19, 2024 9:30 AM ET Company Participants Dipak Bohra - Senior Vice President, Corporate Treasurer and Investor Relations Srinivas Pallia - CEO Aparna Iyer - CFO Saurabh Govil - Chief Human Resources Officer Conference Call Participants Moshe Katri - Wedbush Securities Abhishek Kumar - JM Financial Ravi Menon - Macquarie Kawaljeet Saluja - Kotak Gaurav Rateria - Morgan Stanley Kumar Rakesh - BNP Paribas Yogesh Aggarwal - HSBC Securi...

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