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Company details

435.20
442.35
391.00
739.80
6M Return -23.77%
1Y Return -27.46%
Mkt Cap.(Cr) 239,002.92
Volume 163,227
Div Yield 1.36%
OI
-
OI Chg %
-
Volume 163,227

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SWOT

  • swot

  • technicals

  • deals

  • shareholding


EMA SMA

Delivery and volume

Our Research View

Trading recommendation

Data not found

Investment recommendation

Call Date

02 May 2022

Entry Price

509.00

Target Price

575.00

Duration

12-18 Month

Rapid Results

Q1FY23 Quarterly Result Announced for Wipro Ltd.

IT Consulting & Software firm Wipro Announced Q1FY23 Result :

  • Results for the Quarter ended June 30, 2022 under IFRS, IT Services delivers constant currency growth in revenues at 17.2% in YoY CC.
  • Gross Revenue was Rs 215.3 billion ($2.7 billion), an increase of 17.9% YoY
  • IT Services Segment Revenue was at $2,735.5 million, an increase of 13.3% YoY
  • Non-GAAP constant currency IT Services segment revenue increased by 2.1% QoQ and 17.2% YoY
  • IT Services Operating Margin for the quarter was at 15.0%, a decrease of 200 bps QoQ
  • Net Income for the quarter was Rs 25.6 billion ($324.4 million) and Earnings Per Share for the quarter was at Rs 4.69 ($0.06)
  • Our closing strength of employees for IT Services was at 258,574, an increase of 15,446 QoQ

Thierry Delaporte, CEO and Managing Director said, “We have made significant investments in Wipro’s growth engine and are very pleased with the outcomes. Our order bookings grew 32% YoY in Total Contract Value terms, powered by large transformational deals, and our pipeline today is at an all-time high. We continue to reinforce the investments that allow us to grow our business, remain agile in the market and efficient as an organization, while staying focused on serving our clients even better.”

Jatin Dalal, Chief Financial Officer said, “We are consistently investing in solutions and capabilities for our growth to further strengthen our position of being a strategic partner for our clients. At 15% of operating margins, we believe that we have bottomed out.”

Result PDF

Financials

  • Profit and loss statement

  • Balance sheet

  • Quarterly Result

  • Ratio

Sales(Cr.)

Operating Profit(Cr.)

Profit after Tax(Cr.)

Equity

Reserves and Surplus

Debt

Sales

Operating Profit

Profit after tax

PE

Debt/Equity

P BV

INSIDER & INSTITUIONAL ACTIVITY

Equity Capital: 65,403.00 Cr FV: 2.00
Period MF Net Purchase / (sold) FII Net
LAST 1M 2,384.58 23,141.09
LAST 3M 49,521.50 -18,551.54
LAST 6M 129,719.68 -157,153.27
LAST 12M 215,295.98 -222,611.80

Information

  • About Company
  • Company Info
  • Listing Info
20.88
73%
119.2964
20.45%
20.35%
Description
  • Wipro Limited is engaged in IT Consulting & Software, having its market capitalization worth INR 2,57,108.70 Cr. as of 16th April 2021. Wipro was formed in 1945, and the company has reported quarterly revenue of INR 13,260.00 Cr. at the end of December 2020. This company is found listed on the Bombay Stock Exchange (BSE), having the code 507685 and on the National Stock Exchange (NSE) with the symbol WIPRO. Initially set up as a manufacturer of vegetable and refined oils. It is now an Indian multinational corporation that provides information technology, consulting and business process services and is headquartered in Bangalore. Wipro is a market leader in technology and IT. Wipro has used its power of analytics and robotics to help its clients spread across the world. Since the June 2020 quarter, the company has been proliferating its revenues, which stands at Rs. 16,245 cr. as of 31 March 2021. Numerous institutional investors invested in the company, and during the quarter of June 2019, shares worth $762.9 thousand were bought. Since September 2020, there has been a remarkable rise in the overview of revenue from CR 15096 to 15750 in March 2020. The company has been experiencing a reduction in the debt for 3 consecutive years, which stands at only a paltry amount of Rs. 4,317 cr. Wipro has numerous subsidiaries, namely Capco, Wipro digital and Top coder, Yardley London, Wipro Technologies. The firm is the world's first PCMM Level 5, and SEI CMM Level 5 accredited IT services firm. Since 23 April 2021, Wipro has risen to become the third most valuable Indian IT company in market capitalization. The group also founded a joint venture called WMNETSERV Ltd. with Motorola to provide telecom operators with world-class regulated services in network operations. Wipro has also managed to acquire PARI, which is precision automation and robotics India, which is a massive step in their robotics arena and will help the company go global in the robotics arena. The company's Return on Equity has been increasing, and it now stands at 17.57 per cent in March 2020, up from 15.95 per cent in March 2019. Wipro has earned the Google cloud partner specialty in technology growth for the year 2021.

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Registered Address

Doddakannelli, Sarjapur Road, Bangalore, Karnataka, 560035

Tel : 91-80-28440011
Email : info:wipro.com
Website : http://www.wipro.com

Registrar

Karvy Computershare Pvt Ltd

AGM Date (Month) : Jul
Face Value Equity Shares : 2
Market Lot Equity Shares : 1
BSE Code : 507685
NSE Code : WIPRO
Book Closure Date (Month) : Jul
BSE Group : A
ISIN : INE075A01022

ICICIdirect Wipro Ltd FAQ

You can buy Wipro Ltd shares through a brokerage firm. ICICIdirect is a registered broker through which you can place orders to buy Wipro Ltd Share.
Company share prices and volatile and keep changing according to the market conditions. As of Aug 08, 2022 04:01 PM the closing price of Wipro Ltd was ₹ 435.95.
Market capitalization or market cap is determined by multiplying the current market price of a company’s shares with the total number of shares outstanding. As of Aug 08, 2022 04:01 PM, the market cap of Wipro Ltd stood at ₹ 239,002.92.
The latest PE ratio of Wipro Ltd as of Aug 08, 2022 04:01 PM is 20.88
The latest PB ratio of Wipro Ltd as of Aug 08, 2022 04:01 PM is 0.27
The 52-week high of Wipro Ltd is ₹ 739.80 while the 52-week low is ₹ 391.00 .
According to analyst recommendations, Wipro Ltd has a “Buy” rating for the long term.

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