Previous close | 3,831.25 |
Open | 3,814.20 |
Bid | 3,850.60 x 0 |
Ask | 3,851.85 x 0 |
Day's range | 3,807.80 - 3,872.00 |
52-week range | 3,156.20 - 4,254.45 |
Volume | |
Avg. volume | 546,617 |
Market cap | 13.936T |
Beta (5Y monthly) | 0.52 |
PE ratio (TTM) | 30.56 |
EPS (TTM) | 126.05 |
Earnings date | 11 Jul 2024 |
Forward dividend & yield | 51.00 (1.33%) |
Ex-dividend date | 19 Jan 2024 |
1y target est | N/A |
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. Still, the stock has lost about 4% so far this year, while larger rivals Tata Consultancy Services and Infosys have gained 1.4% and shed 8.5% respectively. Wipro's quarterly revenue and profit came ahead of estimates, and Pallia said he will prioiritise growth at a time when India's $254 billion IT services industry grapples with reduced client spending due to high interest rates, geopolitical risks and economic uncertainty.
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