As market goes up, the company is expected to significantly outperform it. However, if the market returns are negative, Wipro will likely underperform.
Vineet Agrawal President of Wipro Consumer Care and Lighting, MBA
Wipro Price and Market Media
The median price of Wipro for the period between Wed, Apr 24, 2013 and Fri, May 24, 2013 is 7.85 with a coefficient of variation of 1.72. The daily time series for the period is distributed with a sample standard deviation of 0.14, arithmetic mean of 7.88, and mean deviation of 0.11. The Stock received substential amount of media coverage during this period.
Wipro Ltd [WIT] is traded on New York Stock Exchange in USA. It is located in Bangalore, and employs 130,000 people. The company currently falls under 'Large-Cap' category with total capitalization of 19.12 B. Wipro Ltd runs under Technology sector within Information Technology Services industry. This company has 2.45 B outstanding shares of which 3.9 M shares are at this time shorted by investors with about 5.4 days to cover shorted positions.
Wipro Limited offer information technology solutions and services, and consumer care and lighting solutions primarily in India, the United States, and Europe. more
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