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The company's forecast of a more promising 2025 echoed the view of larger peers TCS, Infosys and HCLTech after the $254 billion IT services sector's growth was strangled for several quarters by ...
For January-March, Wipro forecasts its revenue growth would be -1% to 1% quarter-on-quarter. The company's order wins stood at $3.5 billion in the December quarter, as opposed to $3.79 billion a ...
The financial services giant's share price soared 37% in 2024. Despite this exceptional return, the stock remains attractively valued with a forward earnings multiple of around 9.6.
The successful prediction of a stock's future price could yield significant profit. The efficient market hypothesis suggests that stock prices reflect all currently available information and any price changes that are not based on newly revealed information thus are inherently unpredictable. Others disagree and those with this viewpoint possess ...
In 2004, Wipro became the second listed Indian IT company to report annual revenues exceeding US$1 billion. [17] By 2006, approximately 30% of its total revenue came from product engineering R&D services. [18] In 2007, Wipro introduced a line of supercomputers known as Wipro Supernova. [19]
Wipro Enterprises Private Limited is an Indian multinational company whose main activities are in the fast-moving consumer goods, lighting, hydraulic cylinders, industrial automation, 3D printing and aerospace component manufacturing and industrial water treatment business.
Oppenheimer initiated a 2025 year-end S&P 500 target of 7,100 as chief investment strategist John Stoltzfus expects strong economic growth and the broadening of the AI trade to catapult stocks higher.
This has been done by transferring 213 million equity shares of Wipro Ltd, held by a few entities controlled by him, to the Azim Premji Trust. This donation is the largest of its kind in India. In March 2019, Premji pledged an additional 34% of Wipro stock held by him to the foundation. At a current value of about US$7.5 billion, this ...