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Wipro Ltd

WIPRO

Wipro Ltd

WIPRO
Information TechnologyIT Services & Consulting
LargecapWith a market cap of ₹2,81,198 cr, stock is ranked 34
Moderate RiskStock is 2.15x as volatile as Nifty
530.801.37% (-7.35)
530.801.37% (-7.35)

Price Chart

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Returns
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1D
1W
1M
1Y
5Y
Max
SIP
Information TechnologyIT Services & Consulting
LargecapWith a market cap of ₹2,81,198 cr, stock is ranked 34
Moderate RiskStock is 2.15x as volatile as Nifty
Scorecard

Performance

Low

Hasn't fared well - amongst the low performers

Valuation

High

Seems to be overvalued vs the market average

Growth

Low

Lagging behind the market in financials growth

Profitability

High

Showing good signs of profitability & efficiency

Entry point

Avg

The stock is overpriced but is not in the overbought zone

Red flags

Low

No red flag found

How to use scorecard? Learn more

Information TechnologyIT Services & Consulting
LargecapWith a market cap of ₹2,81,198 cr, stock is ranked 34
Moderate RiskStock is 2.15x as volatile as Nifty

Key Metrics

No LabelNo LabelPB RatioPB RatioDividend YieldDiv. Yield
25.163.770.19%
Sector PESector PESector PBSector PBSector Div YldSctr Div Yld
35.629.401.62%

Forecast & Ratings

Detailed Forecast 
21%
Analysts have suggested that investors can buy this stock

from 29 analysts

Price

Price Upside

Earnings

Earnings Growth

Revenue

Rev. Growth

See Detailed Forecast

Company Profile

Wipro Limited is a global information technology (IT) services provider. It operates through two segments: IT Services and IT Products.

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Forecasts

Price

Revenue

Earnings

Income

Balance Sheet

Cash Flow

Income Statement

Industry refers to the sub-sector this company belongs to.

Lower than Industry Revenue Growth

A higher-than-industry revenue growth represents increased potential for the company to increase their market share

Over the last 5 years, revenue has grown at a yearly rate of 8.43%, vs industry avg of 11.59%

Decreasing Market Share

Market share is the percentage of an industry's total sales going to a particular company. It gives a general idea of the size of a company v/s its competitors

Over the last 5 years, market share decreased from 13.09% to 11.8%

Lower than Industry Net Income

Net income is equal to net earnings (profit) less expenses. This number is an important measure of how profitable the company is

Over the last 5 years, net income has grown at a yearly rate of 4.17%, vs industry avg of 8.4%

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Financial YearFY 2016FY 2017FY 2018FY 2019FY 2020FY 2021FY 2022FY 2023FY 2024TTM
Total Revenue53,996.2058,071.0057,036.9061,632.7063,865.5064,338.6081,378.9092,762.2092,391.1091,613.40
Raw Materialssubtract3,055.402,556.001,843.401,407.30936.00695.70673.50649.40383.2071,994.90
Power & Fuel Costsubtract0.000.000.000.000.000.000.000.000.00
Employee Costsubtract24,553.4026,808.1027,222.3029,977.4032,657.1033,237.1045,007.5053,764.4054,930.10
Selling & Administrative Expensessubtract10,517.7013,775.7013,853.3014,796.3014,350.4012,523.804,665.405,599.205,364.30
Operating & Other expensessubtract2,321.70987.701,181.001,225.30851.80706.9012,281.4013,635.6012,330.20
Depreciation/Amortizationsubtract1,496.102,310.002,111.701,946.702,085.502,763.403,077.803,340.203,407.103,398.00
Interest & Other Itemssubtract558.20594.20583.00737.50732.80508.80532.501,007.701,255.201,275.40
Taxes & Other Itemssubtract2,585.802,546.202,239.402,538.502,529.603,106.502,911.203,415.703,675.803,766.80
EPS13.5213.0012.7914.9216.5519.2922.3120.6920.6221.39
DPS2.250.750.751.001.001.006.001.001.001.00
Payout ratio0.170.060.060.070.060.050.270.050.050.05

Company Updates

Annual Report and Investor Presentation updates mentioned here are as reported by the company to the exchange

Peers & Comparison

Comparing 3 stocks from 
Information TechnologyIT Services & Consulting

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StockPE RatioPE RatioPB RatioPB RatioDiv. YieldDividend Yield
Wipro Ltd25.463.770.19%
Tata Consultancy Services Ltd34.2517.221.68%
Infosys Ltd29.878.862.43%
HCL Technologies Ltd30.276.962.97%

Price Comparison

Compare WIPRO with any stock or ETF
Compare WIPRO with any stock or ETF
WIPRO
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Shareholdings

Promoter Holdings Trend

Total Promoter Holding

Increasing promoter holding is considered good and reflects management’s positive view about the future outlook

In last 6 months, promoter holding in the company has almost stayed constant

Low Pledged Promoter Holding

Lower pledged promoter holdings is considered better

Pledged promoter holdings is insignificant

Institutional Holdings Trend

Total Retail Holding

Increasing retail holding can be considered bad as it can reflect that institutions and promoters are selling their stake which is being absorbed by retail investors.

In last 3 months, retail holding in the company has almost stayed constant

Foreign Institutional Holding

Foreign Institutional Holding is quantum of stock held by foreign large-quantities-trading entities. Increasing value indicates growing support and comfort for the stock

In last 3 months, foreign institutional holding of the company has almost stayed constant

Tickertape Separator

Shareholding Pattern

Retail and OthersForeign InstitutionsOther Domestic InstitutionsMutual FundsTotal Promoter Holding72.82%3.50%4.75%9.44%9.49%

Dec 2023

Jan 2024

Mar 2024

Jun 2024

Shareholding History

JulSepDec '23JanMarJun8.85%8.90%9.07%9.19%9.36%9.44%

Mutual Funds Holding Trend

Mutual Fund Holding

Increasing Mutual Fund holdings are generally considered good, as it reflects that fund managers are becoming more bullish about the stock

In last 3 months, mutual fund holding of the company has almost stayed constant

Top 5 Mutual Funds holding Wipro Ltd




Funds (Top 5)Market-cap heldWeight3M holding changePortfolio rank
(3M change)
Mirae Asset Large & Midcap Fund - Growth - Direct Plan

Growth
0.2602%1.82%0.03%10/98 (+2)
Tata Digital India Fund Direct Plan Growth

Growth
0.2181%5.09%0.01%7/39 (0)
Mirae Asset Large Cap Fund - Growth - Direct Plan

Growth
0.1517%1.03%-0.09%17/80 (-1)

Compare 3-month MF holding change on Screener

Insider Trades & Bulk Deals

Hmm, looks like there hasn't been any net deal activity in the last 6 months

smallcases

Looks like this stock is not in any smallcase yet.

Events

Dividend Trend

No Dividend Cuts

Dividends are the portion of earnings that a company distributes to all its shareholders every year

WIPRO has increased or maintained dividend levels over the last 5 years

Dividend Yield

Dividend return is one of the most important things to be considered while investing for long term. It is the additional return on top of what investors earn through price appreciation

Current dividend yield is 0.19%. An investment of ₹1,000 in the stock is expected to generate dividend of ₹1.86 every year

Dividends

Corp. Actions

Announcements

Legal Orders

Upcoming Dividends

No upcoming dividends are available

Past Dividends

Cash Dividend

Ex DateEx DateJan 24, 2024

Interim
Interim | Div/Share: ₹1.00

Dividend/Share

1.00

Ex DateEx Date

Jan 24, 2024

Cash Dividend

Ex DateEx DateJan 24, 2023

Interim
Interim | Div/Share: ₹1.00

Dividend/Share

1.00

Ex DateEx Date

Jan 24, 2023

Cash Dividend

Ex DateEx DateApr 5, 2022

Interim
Interim | Div/Share: ₹5.00

Dividend/Share

5.00

Ex DateEx Date

Apr 5, 2022

Cash Dividend

Ex DateEx DateJan 21, 2022

Interim
Interim | Div/Share: ₹1.00

Dividend/Share

1.00

Ex DateEx Date

Jan 21, 2022

Cash Dividend

Ex DateEx DateJan 22, 2021

Interim
Interim | Div/Share: ₹1.00

Dividend/Share

1.00

Ex DateEx Date

Jan 22, 2021

News & Opinions
Corporate
Wipro builds AI-enabled data analytics solution for JFK International Air Terminal

Wipro is helping JFK International Air Terminal (JFKIAT) - the operator of JFK's Terminal 4 - in developing a cloud data strategy, leveraging Microsoft's Azure Data Platform. The AI-enabled data analytics solution will establish a single view of terminal data across all functions, enabling JFKIAT's management to continually review and improve operations to achieve their long-term operational and efficiency goals. The three-year project, which kicked off in 2023, will centralize operational data mapping to improve passenger queuing times, implement intelligent rostering for JFKIAT's operational functions, consolidate safety and security data, and track sustainability metrics. In the first year of the project, Wipro successfully established a centralized data foundation and transformed business intelligence capabilities across operations, finance, and safety & security departments. In the next phase of the program, use cases will be implemented related to non-aviation revenue, customer experience, and connected planningPowered by Capital Market - Live

1 week agoCapital Market - Live
Corporate
Wipro enlisted by JFK International Air Terminal to meet net zero targets

Wipro has been enlisted by JFK International Air Terminal (JFKIAT) the operator of JFK's Terminal 4 - to help meet its net zero targets. Wipro Consulting's sustainability practice was selected by JFKIAT to assess the Terminal's greenhouse gas emissions, develop a carbon reduction roadmap, and create its 2023 sustainability report aligned with JFKIAT's sustainability targets. JFKIAT's target is to reduce their Scope 1 and 2 emissions by 50% prior to 2030 and by 100% prior to 2050. 'Our partnership with JFKIAT spearheaded our focus in sustainable airports, with the creation of Wipro's airport decarbonization strategies and ACA digitized report accelerator, Susan Kenniston, Vice President & Global Head Sustainability Domain & Consulting, Wipro. 'As airports' focus on sustainability increases, our learnings and accelerators will be instrumental in helping clients build hyper-connected, intelligent airports that will help them better manage their impact as passenger volumes continue to increase.'Powered by Capital Market - Live

1 week agoCapital Market - Live
Corporate
Wipro appoints Srikumar Rao as Global Head of Engineering Edge Business Line

Wipro has appointed Srikumar Rao as Global Head of its Engineering Edge Business Line, effective from 05 October 2024. Srikumar succeeds Harmeet Chauhan, who is stepping down to pursue opportunities outside the organization. Srikumar will report to Srini Pallia. Srikumar has been with Wipro for 26 years and has grown with the organization, serving in various leadership roles. He was most recently the Chief Operating Officer (COO) of Wipro Engineering Edge (WEE) and Global Practice Head of Embedded Systems. Powered by Capital Market - Live

2 weeks agoCapital Market - Live
Corporate
Wipro allots 1.80 lakh equity shares under ESOP

Wipro has allotted 1,01,664 equity shares under ADS Restricted Stock Unit Plan 2004 and 78,855 equity shares under the Restricted Stock Unit Plan 2007 on 28 August 2024, pursuant to exercise of ESOPs.Powered by Capital Market - Live

3 weeks agoCapital Market - Live
Corporate
Wipro bags transformation deal with UK retailer John Lewis Partnership

Wipro announced that is has been selected by the John Lewis Partnership (JLP) to transform and modernize the firm's IT infrastructure. The transformation project will help the UK retailer advance its industry leadership and future-proof its business to drive ongoing, sustainable growth. As part of this engagement, Wipro FullStride Cloud will extend JLP's current cloud infrastructure, Network and End user services for another four years. The Wipro FullStride Cloud team will collaborate with JLP and Google Cloud in a strategic transformation of their X86 platform to the cloud, enabling them to unlock new business value by making them more agile, optimizing operating costs, and streamlining business operations. As part of this engagement, Wipro and JLP will investigate the adoption of innovative solutions that continue to reinforce their industry leadership and put the retailer at the forefront of retail technology and store modernizationPowered by Capital Market - Live

3 weeks agoCapital Market - Live
Spotlight
Wipro Ltd soars 0.29%, rises for fifth straight session

Wipro Ltd is up for a fifth straight session in a row. The stock is quoting at Rs 521.25, up 0.29% on the day as on 12:44 IST on the NSE. The benchmark NIFTY is up around 0.53% on the day, quoting at 24703.35. The Sensex is at 80851.87, up 0.53%. Wipro Ltd has risen around 3.05% in last one month. Meanwhile, Nifty IT index of which Wipro Ltd is a constituent, has risen around 4.25% in last one month and is currently quoting at 41236.85, up 0.55% on the day. The volume in the stock stood at 32.06 lakh shares today, compared to the daily average of 85.2 lakh shares in last one month. The benchmark August futures contract for the stock is quoting at Rs 523.8, up 0.46% on the day. Wipro Ltd is up 25.72% in last one year as compared to a 27.38% spurt in NIFTY and a 34.03% spurt in the Nifty IT index.The PE of the stock is 30.52 based on TTM earnings ending June 24.Powered by Capital Market - Live

4 weeks agoCapital Market - Live
Spotlight
Wipro Ltd gains for third straight session

Wipro Ltd gained for a third straight session today. The stock is quoting at Rs 512.85, up 3.57% on the day as on 12:49 IST on the NSE. The benchmark NIFTY is up around 1.17% on the day, quoting at 24426.95. The Sensex is at 80041.08, up 1.18%. Wipro Ltd has slipped around 10.53% in last one month. Meanwhile, Nifty IT index of which Wipro Ltd is a constituent, has slipped around 1.78% in last one month and is currently quoting at 39731.25, up 2.49% on the day. The volume in the stock stood at 71.84 lakh shares today, compared to the daily average of 88.74 lakh shares in last one month. The benchmark August futures contract for the stock is quoting at Rs 514.1, up 3.41% on the day. Wipro Ltd is up 22.82% in last one year as compared to a 26.14% jump in NIFTY and a 31.11% jump in the Nifty IT index.The PE of the stock is 29.07 based on TTM earnings ending June 24.Powered by Capital Market - Live

1 month agoCapital Market - Live
Corporate
Wipro extends partnership with Google Cloud

Wipro announced the expansion of its strategic partnership with Google Cloud to scale its adoption of Google Cloud AI. Using Vertex AI and Gemini models, Wipro in its project execution to clients, is equipping its workforce with generative AI-powered tools to enhance developer productivity, accelerate cloud migrations, and deliver innovative GenAI solutions. This includes building new industry solutions utilizing Gemini models, developing joint go-to-market programs, integrating Gemini Code Assist into its own internal tooling to accelerate application development for customers, and utilizing Gemini for rapid prototyping of its own internal applications. As part of this partnership and Wipro's ai360 initiative, Wipro FullStride Cloud Studio is integrating Gemini's advanced reasoning and analysis capabilities into its core business platforms and innovation hubs. These hubs are designed to drive business transformation and outcomes by developing best practices, tools, and frameworks that combine Wipro's ai360 ecosystem with Google Cloud's GenAI offerings, enabling safe and responsible AI solutions to address critical business challenges while meeting evolving data privacy and regulatory requirements. Powered by Capital Market - Live

1 month agoCapital Market - Live
Corporate
Wipro allots 18,911 equity shares under ESOP

Wipro has allotted 18,911 equity shares under ADS Restricted Stock Unit Plan 2004 and 12,654 equity shares under the Restricted Stock Unit Plan 2007 on 08 August 2024, pursuant to exercise of ESOPs.Powered by Capital Market - Live

1 month agoCapital Market - Live
Corporate
Wipro has allotted 2.14 lakh equity shares under ESOP

Wipro has allotted 65,101 equity shares under ADS Restricted Stock Unit Plan 2004 and 1,49,839 equity shares under the Restricted Stock Unit Plan 2007 on 03 August 2024, pursuant to exercise of ESOPs.Powered by Capital Market - Live

1 month agoCapital Market - Live