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1 Comment
Wipro Limited is currently in a long term uptrend where the price is trading 18.2% above its 200 day moving average.
From a valuation standpoint, the stock is 82.2% cheaper than other stocks from the Technology sector with a price to sales ratio of 4.5.
Wipro Limited's total revenue rose by 4.4% to $157B since the same quarter in the previous year.
Its net income has increased by 20.8% to $30B since the same quarter in the previous year.
Finally, its free cash flow grew by 201.0% to $39B since the same quarter in the previous year.
Based on the above factors, Wipro Limited gets an overall score of 5/5.
Exchange | NYSE |
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CurrencyCode | USD |
Sector | Technology |
Industry | Information Technology Services |
ISIN | US97651M1099 |
Target Price | 2.6614 |
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Market Cap | 29B |
PE Ratio | 18.47 |
Beta | 0.66 |
Dividend Yield | 2.5% |
Wipro Limited operates as an information technology (IT), consulting, and business process services company worldwide. It operates through IT Services and IT Products segments. The IT Services segment offers IT and IT-enabled services, including digital strategy advisory, customer-centric design, technology and IT consulting, custom application design, development, re-engineering and maintenance, systems integration, package implementation, cloud and infrastructure, business process, cloud, mobility and analytics, research and development, and hardware and software design services to enterprises. It serves customers in various industry sectors, such as communications, retail connectivity and services, consumer goods, healthcare, technology products and platforms, banking and financial services, energy, manufacturing and resources, capital markets and insurance, and hi-tech. The IT Products segment provides a range of third-party IT products comprising enterprise platforms, networking solutions, software and data storage products, contact center infrastructure, enterprise security, IT optimization technologies, video solutions, and end-user computing solutions. It serves enterprises in various industries primarily in the Indian market, which comprise the government, defense, IT and IT-enabled services, telecommunications, manufacturing, utilities, education, and financial services sectors. The company was incorporated in 1945 and is based in Bengaluru, India.
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