Wipro to consider share buyback proposal on 27 April
1 year, 8 months ago

Wipro to consider share buyback proposal on 27 April

Live Mint  

Wipro will be considering a proposal for the buyback of equity shares of the company this week. In its regulatory filing on Sunday, Wipro said, "the Board of Directors of the Company will be considering a proposal to buyback equity shares of the Company and the matters necessary and incidental thereto., at its meeting scheduled to be held over April 26 -27, 2023." During this buyback, Wipro tendered 22,89,04,785 equity shares --- accounting for 96.38% of the total buyback size --- aggregating to ₹9,156 crore. Any dividend announcement from Wipro will also be keenly watched during the 2-day meeting since its peers HCL Tech, TCS and Infosys have recommended dividends during their Q4 announcement day. For Q4FY23, Motilal Oswal's preview note said, Wipro's growth should remain soft and within the management’s guidance provided in 3QFY23 due to slower revenue conversion and weakness in consulting.

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History of this topic

Wipro bonus shares: Power of long-term investment! ₹10,000 turns to ₹5 lakh in 15 years
3 weeks ago

Wipro bonus shares: Power of long-term investment! ₹10,000 turns to ₹5 lakh in 15 years

Live Mint  

Wipro share price traded marginally lower on Tuesday, December 3, as the IT stock turned ex-date for bonus issue. Wipro Bonus shares history This is the IT major’s fourth bonus issue in the last 15 years, according to data available on the BSE website. In 2010, Wipro declared a bonus issue in the ratio of 2:3, wherein two equity shares …

Wipro Share Price Today on 26-11-2024: Wipro share price are up by 0.16%, Nifty up by 0.04%
4 weeks ago

Wipro Share Price Today on 26-11-2024: Wipro share price are up by 0.16%, Nifty up by 0.04%

Live Mint  

Wipro Share Price Today on 26-11-2024: At 26 Nov 11:11 today, Wipro shares are trading at price ₹583.7, 0.16% up from the previous closing price. On the technical front, the stock is trading above the short term simple moving averages of 5, 10, 20 day as well as longer term moving averages of 50, 100 & 300 days. The SMA …

Wipro Share Price Today on 25-11-2024: Wipro share price are up by 1.59%, Nifty up by 1.7%
4 weeks, 1 day ago

Wipro Share Price Today on 25-11-2024: Wipro share price are up by 1.59%, Nifty up by 1.7%

Live Mint  

Wipro Share Price Today on 25-11-2024: At 25 Nov 11:06 today, Wipro shares are trading at price ₹580.5, 1.59% up from the previous closing price. On the technical front, the stock is trading above the short term simple moving averages of 5, 10, 20 day as well as longer term moving averages of 50, 100 & 300 days. The SMA …

Wipro Share Price Today on 12-11-2024: Wipro share price are down by -0.32%, Nifty down by -1.07%
1 month, 1 week ago

Wipro Share Price Today on 12-11-2024: Wipro share price are down by -0.32%, Nifty down by -1.07%

Live Mint  

Wipro Share Price Today on 12-11-2024: At 12 Nov 16:01 today, Wipro shares are trading at price ₹570.4, -0.32% down from the previous closing price. On the technical front, the stock is trading above the short term simple moving averages of 5, 10, 20 day as well as longer term moving averages of 50, 100 & 300 days. The SMA …

Wipro Stock Price Today: Up 2.13%, Nifty Down 0.05%
Trending News
1 month, 3 weeks ago

Wipro Stock Price Today: Up 2.13%, Nifty Down 0.05%

Live Mint  

Wipro shares are trading up by 2.13% today, with the stock price closing at ₹574.15. The company's share price has been trading within a range of ₹561.5 to ₹578.55 throughout the day, indicating a bullish trend. The company's fundamentals, including a ROE of 14.43%, a P/E of 25.08, and a P/B of 3.59, suggest a potential upmove. However, the company's …

Wipro Stock Price Today: Up 2.13%, Nifty Down by -0.05%
1 month, 3 weeks ago

Wipro Stock Price Today: Up 2.13%, Nifty Down by -0.05%

Live Mint  

Wipro shares are trading up by 2.13% today, with the stock price closing at ₹574.15. The company's share price has been trading within a range of ₹561.5 to ₹578.55 throughout the day, indicating a bullish trend. The company's fundamentals, including a ROE of 14.43%, a P/E of 25.08, and a P/B of 3.59, suggest a potential upmove. However, the company's …

Wipro Share Price Today: Up 0.04%, Nifty Down by -0.18%
1 month, 3 weeks ago

Wipro Share Price Today: Up 0.04%, Nifty Down by -0.18%

Live Mint  

Wipro share price is trading slightly up today, with a price change of 0.04%. The stock has hit a high of ₹563 and a low of ₹553.4 during the day, and is currently trading above the short term simple moving averages of 5, 10, 20 day as well as longer term moving averages of 50, 100 & 300 days. The …

Wipro Share Price Today: Up 0.28%, Nifty Down 0.15%
2 months ago

Wipro Share Price Today: Up 0.28%, Nifty Down 0.15%

Live Mint  

Wipro shares are trading slightly up today, with the stock price increasing by 0.28%. The company's share price is currently trading at ₹547.15, with a high of ₹554.3 and a low of ₹542.25. The stock has also broken above the short-term simple moving averages of 5, 10, and 20 days, but it has fallen below the long-term moving averages of …

Wipro Q1 Results 2024 LIVE: Net Profit Up 4.6% YoY To Rs 3,003.2 Crore; Revenue Falls 3.8%
5 months ago

Wipro Q1 Results 2024 LIVE: Net Profit Up 4.6% YoY To Rs 3,003.2 Crore; Revenue Falls 3.8%

News 18  

IT major Wipro on Friday declared its Q1 FY25 financial results. The IT major has posted a consolidated net profit of Rs 3,003.2 crore for the June 2024 quarter, a rise of 4.63 per cent year-on-year. Wipro Outlook for Q3 On the outlook, Wipro expects revenue from its IT services business segment to be in the range of $2,600 million …

Wipro Shares Gain Over 2% As Q4 Earnings Beat Expectations; Should You Buy, Sell Or Hold?
8 months ago

Wipro Shares Gain Over 2% As Q4 Earnings Beat Expectations; Should You Buy, Sell Or Hold?

News 18  

Wipro shares gained over 2 per cent on Monday as investors reacted to the IT services firm’s fourth-quarter results, which was better than what market analysts expected. Wipro has beaten the Street estimates with a 5 per cent rise in net profit for the January-March quarter, but persisting cost-cutting measures, decline in headcount and a sluggish guidance for the next …

Wipro Q4 net profit falls 7.8% to ₹2,835 cr; new CEO flags uncertainty in macro environment
8 months ago

Wipro Q4 net profit falls 7.8% to ₹2,835 cr; new CEO flags uncertainty in macro environment

Hindustan Times  

Bengaluru, IT service company Wipro on Friday reported 7.8 per cent year-on-year decline in its consolidated net profit for the March quarter to about ₹2834.6 crore, and cautioned that the macroeconomic environment remains "uncertain". Wipro Q4 net profit falls 7.8% to ₹ 2,835 cr; new CEO flags uncertainty in macro environment The Bengaluru-headquartered company, which recently saw a change of …

Wipro Q4 Results: Large TCV up 9.5% YoY, Q1FY25 revenue guidance pegged at -1.5 to 0.5%; 5 key highlights
8 months ago

Wipro Q4 Results: Large TCV up 9.5% YoY, Q1FY25 revenue guidance pegged at -1.5 to 0.5%; 5 key highlights

Live Mint  

Wipro Q4 Results: Wipro announced its January-March quarter results for fiscal 2023-24 on Friday, April 19, reporting a decline of eight per cent in consolidated net profit at ₹2,835 crore. India's fourth-largest software services company's revenue from operations for the March quarter also dropped four per cent year-on-year to ₹22,208.3 crore. Follow Wipro Q4 Results Live Updates: IT major posts …

Wipro dividend: IT major announces interim dividend, know details
8 months ago

Wipro dividend: IT major announces interim dividend, know details

Live Mint  

Wipro dividend announcement: The interim dividend of ₹1 declared by the Wipro board on 12 January, 2024 has shall be considered as the final dividend for FY24, said the IT major while announcing its FY24 results on Friday. “The Board of Directors confirmed the interim dividend of ₹1 declared by the Board earlier at its meeting held on January 12th, …

Wipro Q4 Results: Net Profit Falls 8% YoY To Rs 2,835 Crore, Revenue Slips; Headcount Drops 9.5%
8 months ago

Wipro Q4 Results: Net Profit Falls 8% YoY To Rs 2,835 Crore, Revenue Slips; Headcount Drops 9.5%

News 18  

IT major Wipro on April 19 reported an 8 per cent year-on-year decline in its net profit to Rs 2,835 crore for the March 2024 quarter. In dollar terms, Wipro’s IT services revenue during Q4 FY24 stood at $2,657.4 million, an increase of 0.1 per cent QoQ and a decrease of 6.4 per cent YoY, according to a regulatory filing. …

Wipro Q4 Results Today: Net Profit, Revenue May Decline Amid Weak Discretionary Spending
8 months ago

Wipro Q4 Results Today: Net Profit, Revenue May Decline Amid Weak Discretionary Spending

News 18  

After TCS and Infosys, another IT major Wipro is set to announce its Q4 financial earnings on April 19. According to analysts, Wipro’s net profit in the January-March 2024 quarter is likely to have declined by 8-10 per cent to Rs 2,778 crore-Rs 2,829 crore. Analysts at brokerage houses expect Wipro’s revenue to decline 4-5 per cent YoY to remain …

Wipro market cap over ₹2.61 lakh crore after Q3 results; shares jumps 14%
11 months, 1 week ago

Wipro market cap over ₹2.61 lakh crore after Q3 results; shares jumps 14%

Hindustan Times  

As the quarterly result season is here once again, IT and tech companies are rallying on the stock market, with global firm Wipro being the top gainer on Monday. On Monday, the first market session after the IT firm's quarterly results were posted, Wipro recorded a spike of 14 percent in its share prices, with its overall market cap jumping …

Wipro surges over 13 per cent despite 12 per cent decline in Q3 profit YoY
11 months, 1 week ago

Wipro surges over 13 per cent despite 12 per cent decline in Q3 profit YoY

India TV News  

Wipro shares rose over 13 per cent in early trading on Monday, reaching a 52-week high of Rs 529, despite the company reporting weaker-than-expected results for the third quarter. The primary reason for the rise in Wipro's shares can be attributed to a 17 per cent surge in its American Depository Receipts. The company's trajectory is perceived as recovering after …

Wipro reports Q3 revenue from ops at ₹22,205 crore
11 months, 1 week ago

Wipro reports Q3 revenue from ops at ₹22,205 crore

Hindustan Times  

Wipro Q3 Results: Wipro, India's fourth-largest IT services provider, reported a better-than-expected third-quarter revenue and said fourth-quarter dollar revenue at its largest business could fall by 1.5% at worst or grow by 0.5% at best. Revenue from operations for the quarter ended Dec. 31 fell 4.4% from the previous year to 222.05 billion rupees, but beat analysts' average estimate of …

Wipro share price falls 3% post Q2 results; what should investors do?
1 year, 2 months ago

Wipro share price falls 3% post Q2 results; what should investors do?

Live Mint  

Wipro share price declined 3 per cent to close at ₹395.20 on BSE on Thursday, October 19, a day after the IT company released its July-September quarter earnings. Wipro Q2 Results As Mint reported earlier, Wipro’s revenue in the fiscal second quarter totalled $2.71 billion, a 2.3 per cent sequential decline and a 3.7 per cent fall from the year-ago …

Wipro investors and their many worries
1 year, 5 months ago

Wipro investors and their many worries

Live Mint  

The June quarter earnings season began on a sombre note with large-caps Tata Consultancy Services Ltd and HCL Technologies Ltd reporting subdued numbers. “Wipro’s growth underperformance to peers is due to the higher mix of consulting services and steeper impact from discretionary projects in BFSI and Telecom verticals," pointed out a HDFC Securities Ltd report. To its credit, Wipro’s seemingly …

AI game to strategic investments: Key things that Wipro’s chairman said
1 year, 5 months ago

AI game to strategic investments: Key things that Wipro’s chairman said

Live Mint  

IT giant Wipro's chairman Rishad Premji said, the company is excited about the possibilities that AI brings and has been investing ahead of the curve to understand and leverage its power and to create multiple solutions for clients. Rishad revealed that for two years now, Wipro’s Generative AI Center of Excellence has conducted research with leading academic institutions, built accelerators …

Wipro earns cons PAT of ₹2,870 cr in Q1, up by 12% YoY; misses estimates
1 year, 5 months ago

Wipro earns cons PAT of ₹2,870 cr in Q1, up by 12% YoY; misses estimates

Live Mint  

Wipro Q1 results: Azim Premji-backed Wipro missed street estimates in the quarter ending June 30, 2023 period. Wipro said despite a gradual reduction in clients’ discretionary spending, it maintained its new business momentum. Further, Wipro's IT services segment revenue saw a gradual rise of 0.8% YoY in dollar terms to $2,778.5 million. The tech major's non-GAAP constant currency IT Services …

Wipro sets record date for buyback offer, check details here
1 year, 6 months ago

Wipro sets record date for buyback offer, check details here

Live Mint  

IT major Wipro Ltd has set June 16, 2023 as the record date for the whopping ₹12,000 crore buyback plan. “The Company has fixed Friday, June 16, 2023 as the Record Date for the purpose of determining the entitlement and the names of equity shareholders who are eligible to participate in the buyback,” said Wipro in its filing. The IT …

Wipro Q4 net profit dips marginally; board approves ₹12k cr share buyback
1 year, 7 months ago

Wipro Q4 net profit dips marginally; board approves ₹12k cr share buyback

The Hindu  

IT major Wipro on April 27 reported a marginal year-on-year decline of 0.4% in net profit to ₹3,074.5 crore for the fourth quarter ended March 2023 and announced a share buyback of up to ₹12,000 crore. The Wipro board approved the buyback of 26.96 crore equity shares at a price of ₹445 apiece. “Board.of Wipro.has approved a proposal to buyback …

Wipro's Q3 profit up 2.8% year on year to ₹3,053 crore; revenue up by 14%
1 year, 11 months ago

Wipro's Q3 profit up 2.8% year on year to ₹3,053 crore; revenue up by 14%

Hindustan Times  

Indian IT services firm Wipro reported a bigger-than-expected profit for the third quarter on Friday, boosted by a strong deal pipeline. Wipro Q3 results The Bengaluru-based company's net profit rose 2.8% to ₹30.53 billion for the quarter ended December 31. Wipro forecast revenue growth from the IT services business for the year ending March 2023 in the range of 11.5% …

Wipro posts upbeat Q2 guidance at 3-5%; Q1 net profit down 21%
2 years, 5 months ago

Wipro posts upbeat Q2 guidance at 3-5%; Q1 net profit down 21%

Live Mint  

Wipro Ltd expects revenue for the quarter ended September to be in the range of $2.81-2.87 billion, translating to a sequential growth of 3-5%, faster than the 1-3% it had forecast for the June quarter. The company’s net profit for the June quarter declined 20.7% to ₹2,563 crore from ₹3,232 crore in the year-ago period because of a higher base …

Wipro Q1 Results: Profit Declines 21% YoY to Rs 2,563 Crore as Expenses Rise
2 years, 5 months ago

Wipro Q1 Results: Profit Declines 21% YoY to Rs 2,563 Crore as Expenses Rise

News 18  

Wipro Q1 Results: IT major Wipro on Wednesday reported its June quarter profit at Rs 2,563 crore, a dip of 20.9 per cent year-on-year. Wipro’s revenue for the quarter rose 17.9 per cent YoY to Rs 21,528.6 crore. The consolidated total revenue for the Bengaluru-based IT company rose 15.51 per cent on year to Rs 22,001 crore as compared to …

Wipro Q1 net profit tanks 21% to ₹2,563.6 cr, misses Street estimates
2 years, 5 months ago

Wipro Q1 net profit tanks 21% to ₹2,563.6 cr, misses Street estimates

Live Mint  

Wipro Q1 results: Information technology giant Wipro on Wednesday reported a 20.94% year-on-year dip in its consolidated profit after tax at ₹2,563.6 crore for the quarter ended June 2022. Wipro had posted a consolidated PAT of ₹3,242.6 crore in the same quarter last fiscal. On a sequential basis, the Bengaluru-based IT company's net profit fell 16.96% from ₹3,087 crore in …

Wipro windfall – promotions every quarter
2 years, 5 months ago

Wipro windfall – promotions every quarter

Live Mint  

Wipro Ltd is overhauling its employee bonuses and increments to rein in high attrition and attract fresh talent as India’s technology sector continues to see a covid-induced boom in hiring. India’s fourth-largest software services firm plans to offer employee promotions every quarter—a first for the Bengaluru-based company—and boost salaries of most of its workforce by 10% in September, with the …

Wipro net profit rises to Rs 3,092 crore in Quarter 4
2 years, 7 months ago

Wipro net profit rises to Rs 3,092 crore in Quarter 4

Firstpost  

New Delhi: IT company Wipro on Friday posted a 4 per cent rise in consolidated profit at Rs 3,092.5 crore in the fourth quarter ended March 2022. Wipro’s consolidated revenue from operations during the reported quarter grew about 28 per cent to Rs 20,860 crore. For the year ended March 31, 2022, Wipro posted a 12.57 per cent increase in …

Wipro Q4 Results: Net Profit Rises 3.9% YoY to Rs 3,090 Crore; Revenue Up 28.5%
2 years, 7 months ago

Wipro Q4 Results: Net Profit Rises 3.9% YoY to Rs 3,090 Crore; Revenue Up 28.5%

News 18  

IT major Wipro on Friday reported a 3.9 per cent year-on-year jump in its net profit to Rs 3,090 crore for the March 2022 quarter. For the full financial year, Wipro’s net profit stood at Rs 12,220 crore in 2021-22, a jump of 13.2 per cent as compared to the previous year. Wipro CEO and Managing Director Thierry Delaporte said, …

Wipro Q4 Results Today: Revenue, Profit, Attrition; 5 Things To Watch Out For
2 years, 7 months ago

Wipro Q4 Results Today: Revenue, Profit, Attrition; 5 Things To Watch Out For

News 18  

Information technology major Wipro, which will announce its March 2022 quarter financial performance on Friday, is expected to post a revenue growth of 29 per cent year-on-year to Rs 20,958 crore and a profit after tax growth of 3.8 per cent to Rs 3,086 crore during the quarter. Here’re important parameters the investors need to see in the results: Profit …

Wipro Q1 Net Profit Up 35.6% at Rs 3,242.6 Cr, Expects 5-7% Sequential Growth in Next Qtr
3 years, 5 months ago

Wipro Q1 Net Profit Up 35.6% at Rs 3,242.6 Cr, Expects 5-7% Sequential Growth in Next Qtr

News 18  

IT major Wipro on Thursday reported a 35.6 per cent jump in consolidated net profit to Rs 3,242.6 crore for the June 2021 quarter. Its revenue from operations increased by 22.3 per cent to Rs 18,252.4 crore in the reported quarter from Rs 14,913.1 crore in the same period last fiscal, Wipro said in a regulatory filing. Wipro’s IT services …

Wipro shares jump nearly 10% after Q4 earnings
3 years, 8 months ago

Wipro shares jump nearly 10% after Q4 earnings

India TV News  

Shares of Wipro zoomed nearly 10 percent in morning trade on Friday after the company posted a 27.7 percent jump in consolidated net profit at Rs 2,972 crore for the March 2021 quarter, and exuded confidence of sustaining strong growth momentum in the coming quarters. Its revenue from operations rose by 3.4 percent to Rs 16,245.4 crore in the reported …

Wipro’s Q3 print shows revival, but valuations may not be sustainable
3 years, 11 months ago

Wipro’s Q3 print shows revival, but valuations may not be sustainable

Live Mint  

Wipro Ltd has been one of the slow-moving IT firms over the past few years, but with a new chief executive and tailwinds for digital transformation among clients, the firm was expected to reverse the course. The 3.4% sequential jump in Wipro’s revenue in constant currency terms was at the upper end of the company’s guidance. Note that while TCS …

Wipro sets Dec 11 as record date for share buyback
4 years, 1 month ago

Wipro sets Dec 11 as record date for share buyback

Live Mint  

New Delhi: IT services firm Wipro on Wednesday said it has fixed December 11 as the record date for its up to ₹9,500 crore share buyback programme. ".the company has fixed Friday, December 11, 2020, as the Record Date for the purpose of determining the entitlement and the names of equity shareholders who are eligible to participate in the buyback," …

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