Wipro Limited (WIT)
After hours:
| Previous close | 5.16 |
| Open | 5.30 |
| Bid | 0.00 x 2200 |
| Ask | 0.00 x 3200 |
| Day's range | 5.22 - 5.38 |
| 52-week range | 4.41 - 6.45 |
| Volume | |
| Avg. volume | 2,504,585 |
| Market cap | 28.222B |
| Beta (5Y monthly) | 0.70 |
| PE ratio (TTM) | 20.19 |
| EPS (TTM) | N/A |
| Earnings date | N/A |
| Forward dividend & yield | 0.01 (0.23%) |
| Ex-dividend date | 23 Jan 2024 |
| 1y target est | N/A |
- Reuters
India's Wipro scrapes past lowered revenue expectations, prioritises growth pick-up
India's Wipro edged past low revenue expectations in the fourth quarter on Friday, helped by a pick up in its consulting business, and its new CEO said kickstarting growth in the country's No.4 software-services exporter was a top priority. "The numbers are largely in line with expectations as it was already low," said Centrum Broking analyst Piyush Pandey. Less than two weeks back, Wipro appointed company veteran Srinivas Pallia as its chief executive following the abrupt departure of Thierry Delaporte, whose term was filled with a string of top-level exits and a dearth of big deal wins.
- Bloomberg
Indian IT Firms’ Outlook Seen Brighter After TCS Earnings Beat
(Bloomberg) -- Follow Bloomberg India on WhatsApp for exclusive content and analysis on what billionaires, businesses and markets are doing. Sign up here.Most Read from BloombergDubai Grinds to Standstill as Cloud Seeding Worsens FloodingRed Lobster Considers Bankruptcy to Deal With Leases and Labor CostsTesla Asks Investors to Approve Musk’s $56 Billion Pay AgainElon Wants His Money BackBankers Hit With Millions in Breakup Fees for Ditching New JobsInfosys Ltd. and Wipro Ltd.’s commentary and f
- Reuters
Wipro GE Healthcare to invest $960 mln in R&D, manufacturing in India
Wipro GE Healthcare, a joint venture of India's Wipro Enterprises and a wholly owned entity of U.S.-based GE Healthcare, said it would invest 80 billion rupees ($960 million) in the country in its manufacturing and research and development facilities. Bengaluru-based medical technology company Wipro GE Healthcare said on Tuesday the investment would be done over the next five years to boost local manufacturing as it focuses on growing its footprint in the country in line with the government's "Make in India" initiative.
