Previous close | 506.80 |
Open | 509.05 |
Bid | 525.00 x 0 |
Ask | 0.00 x 0 |
Day's range | 509.00 - 528.50 |
52-week range | 375.00 - 580.00 |
Volume | |
Avg. volume | 487,690 |
Market cap | 2.743T |
Beta (5Y monthly) | 0.75 |
PE ratio (TTM) | 24.51 |
EPS (TTM) | 21.42 |
Earnings date | 16 Oct 2024 - 21 Oct 2024 |
Forward dividend & yield | 1.00 (0.19%) |
Ex-dividend date | 24 Jan 2024 |
1y target est | 320.15 |
CTSH vs. WIT: Which Stock Is the Better Value Option?
Indian IT services giant Wipro (NYSE:WIT) (NS:WIPR) fell short of revenue estimates for the first quarter, missing analyst expectations by 1% sequentially and 4.9% year-over-year due to declines in key sectors like energy and telecom, said Bank of America (BofA) Global Research in a note on Monday.
BENGALURU (Reuters) -Wipro's shares dropped the most in over four years on Monday morning as investors punished India's no. 4 IT services firm for posting poor growth when its rivals talked of a return of client spending and reported strong results. Wipro on Friday reported a drop in June quarter revenue and forecast IT services revenue in the current quarter to range between a drop of 1% to an increase of 1%. Tata Consultancy Services, Infosys and HCLTech posted strong results, raising hopes of a demand recovery in the $254 billion sector.