Date | Price Target | Rating | Analyst |
---|---|---|---|
10/3/2024 | Hold → Sell | Investec | |
7/2/2024 | Buy | Nomura | |
1/17/2024 | $5.20 | Underperform | Exane BNP Paribas |
8/22/2023 | Sell | Goldman | |
5/23/2023 | $4.30 | Underweight | JP Morgan |
3/22/2023 | $5.09 → $3.90 | Mkt Perform → Underperform | Bernstein |
10/13/2022 | Neutral → Underperform | Credit Suisse | |
9/13/2022 | $4.87 | Sell → Buy | Goldman |
Large Deal Bookings at $1.2 billion. IT Services Margin expands 0.4% YoY. EPS increases 9.9% YoY. Operating cash flows at 131.6% of net income. Wipro Limited (NYSE:WIT, BSE: 507685, NSE: WIPRO))), a leading technology services and consulting company, announced financial results under International Financial Reporting Standards (IFRS) for the quarter ended June 30, 2024. Highlights of the Results Results for the Quarter ended June 30, 2024: Gross revenue was at Rs 219.6 billion ($2,635.8 million1), a decrease of 1.1% QoQ and 3.8% YoY. IT services segment revenue was at $2,625.9 million, a decrease of 1.2% QoQ and decrease of 5.5% YoY. Non-GAAP2 constant currency IT Services se
Wipro Limited (NYSE:WIT, BSE: 507685, NSE: WIPRO))), a leading technology services and consulting company, will announce results for the first quarter ended June 30, 2024, on Friday, July 19, 2024, after stock market trading hours in India. The results will be available in the Investors section of the company's website at www.wipro.com/investors/ At 7:00 PM IST* (9:30 AM US Eastern time) following the results announcement, the senior management will discuss the company's performance for the quarter and answer questions sent by 6:30 PM IST* (9:00 AM US Eastern time) to: [email protected] or [email protected] The audio from the conference call will be available online through a
IT services segment operating margin increases 40 bps QoQ. Net income increases 5.2% QoQ. FY 24 Large deal bookings at $4.6 billion, a YoY increase of 17.4%. Operating cash flows at 158.6% of net income for the year. Wipro Limited (NYSE:WIT, BSE: 507685, NSE: WIPRO))), a leading technology services and consulting company, announced financial results under International Financial Reporting Standards (IFRS) for the quarter and year ended March 31, 2024. Highlights of the Results Results for the Quarter ended March 31, 2024: Gross revenue reached Rs 222.1 billion ($2.7 billion1), flat QoQ. IT services segment revenue was at $2,657.4 million, an increase of 0.1% QoQ and decrease of
Wipro Limited (NYSE:WIT, BSE: 507685, NSE: WIPRO))), a leading technology services and consulting company, today announced the appointment of Srikumar Rao as Global Head of its Engineering Edge Business Line, effective from October 5, 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. His work has spanned several markets, selling and delivering
Cyble, a pioneer in AI-powered threat intelligence, today announced a partnership with Wipro Limited (NYSE:WIT, BSE: 507685, NSE: WIPRO))), a leading technology services and consulting company, to enhance enterprise cybersecurity risk management through AI-driven threat intelligence solutions. The partnership brings together Cyble's patented artificial intelligence (AI) systems and automation capabilities with Wipro's global security and compliance expertise to provide security teams with deeper insights and enable more informed decision-making. This press release features multimedia. View the full release here: https://www.businesswire.com/news/home/20240807186972/en/ The collaboration in
Large Deal Bookings at $1.2 billion. IT Services Margin expands 0.4% YoY. EPS increases 9.9% YoY. Operating cash flows at 131.6% of net income. Wipro Limited (NYSE:WIT, BSE: 507685, NSE: WIPRO))), a leading technology services and consulting company, announced financial results under International Financial Reporting Standards (IFRS) for the quarter ended June 30, 2024. Highlights of the Results Results for the Quarter ended June 30, 2024: Gross revenue was at Rs 219.6 billion ($2,635.8 million1), a decrease of 1.1% QoQ and 3.8% YoY. IT services segment revenue was at $2,625.9 million, a decrease of 1.2% QoQ and decrease of 5.5% YoY. Non-GAAP2 constant currency IT Services se
Wipro Limited (NYSE:WIT, BSE: 507685, NSE: WIPRO))), a leading technology services and consulting company, today announced the appointment of Srikumar Rao as Global Head of its Engineering Edge Business Line, effective from October 5, 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. His work has spanned several markets, selling and delivering
Wipro Limited (NYSE:WIT, BSE: 507685, NSE: WIPRO))), a leading technology services and consulting company, today announced the appointment of Sanjeev Jain as the Chief Operating Officer effective immediately. Sanjeev succeeds Amit Choudhary, who is stepping down to pursue opportunities outside the organization. Sanjeev will report to Srinivas Pallia and will continue to be a member of Wipro's Executive Committee. Sanjeev joined Wipro in 2023 as the Global Head of Business Operations. He brings over 30 years of experience in leading large, diverse teams, scaling up global operations, and deploying Lean Six Sigma and design thinking principles to drive operational excellence and business tr
Wipro Limited (NYSE:WIT, BSE: 507685, NSE: WIPRO))), a leading technology services and consulting company, today announced the appointment of Vinay Firake as the Chief Executive Officer, APMEA (Asia Pacific, India, Middle East & Africa) Strategic Market Unit (SMU), effective immediately. Vinay will report to Srini Pallia and will also join the Wipro Executive Board. Vinay has been with Wipro for 26 years and has grown with the organization, serving in various leadership roles. He was most recently the Senior Vice President and Managing Director of Wipro-Nordics Business Unit based in Stockholm, where he led Operations across all industries and services. Prior to that, he led the Manufactu
6-K - WIPRO LTD (0001123799) (Filer)
6-K - WIPRO LTD (0001123799) (Filer)
6-K - WIPRO LTD (0001123799) (Filer)
SC 13G/A - WIPRO LTD (0001123799) (Subject)
SC 13D/A - WIPRO LTD (0001123799) (Filed by)
SC 13D/A - WIPRO LTD (0001123799) (Filed by)
Investec downgraded Wipro from Hold to Sell
Nomura initiated coverage of Wipro with a rating of Buy
Exane BNP Paribas initiated coverage of Wipro with a rating of Underperform and set a new price target of $5.20
Shares of Selective Insurance Group, Inc. (NASDAQ:SIGI) fell sharply during Friday's session following weak quarterly results. Selective Insurance reported quarterly losses of $1.10 per share which missed the analyst consensus estimate of $1.49 per share. The company reported quarterly sales of $1.196 billion which missed the analyst consensus estimate of $1.204 billion, according to data from Benzinga Pro. Selective Insurance Group shares dipped 14.8% to $85.40 on Friday. Here are some other stocks moving in today’s mid-day session. Gainers Augmedix, Inc. (NASDAQ:AUGX) shares jumped 148.8% to $2.28 after the company announced it will be acquired by Commure. 60 Degrees Pha
Wipro Ltd (NYSE:WIT) shares are trading lower after the company reported first-quarter results. The company reported gross revenue of INR219.6 billion ($2.64 billion), down by 3.8% year-on-year, missing the analyst consensus estimate of $2.66 billion. EPS of 7 cents was in line with the analyst consensus estimate. IT Services revenue declined by 5.5% Y/Y to $2.63 billion. Adjusted constant currency IT Services segment revenue decreased by 4.9% Y/Y. IT Services’ operating margin for the quarter was 16.5%, up by 42 bps Y/Y. Net income was INR30.0 billion ($360.4 million), up by 4.6% Y/Y. Operating cash flow was at INR40.0 billion ($479.0 million). Total bookings stood at $3
U.S. stock futures were mixed this morning, with the Dow futures falling around 50 points on Friday. Shares of Scholastic Corporation (NASDAQ:SCHL) fell sharply in today's pre-market trading following weaker-than-expected fourth-quarter results. Scholastic reported quarterly earnings of $1.73 per share which missed the analyst consensus estimate of $2.66 per share. Quarterly sales came in at $474.9 million which missed the analyst consensus estimate of $552.496 million, according to data from Benzinga Pro. Scholastic shares dipped 11.9% to $32.21 in the pre-market trading session. Here are some big stocks recording losses in today's pre-market trading session. CrowdStrike Hol