Wipro Limited Adr Stock Today
| WIT Stock | USD 5.51 0.01 0.18% |
Performance0 of 100
| Odds Of DistressLess than 1
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Wipro Limited is selling for under 5.51 as of the 24th of April 2024; that is -0.18 percent decrease since the beginning of the trading day. The stock's last reported lowest price was 5.48. Wipro Limited has a very small chance of experiencing financial distress in the next few years, but has generated negative returns over the last 90 days. Equity ratings for Wipro Limited ADR are calculated daily based on our scoring framework. The performance scores are derived for the period starting the 5th of May 2022 and ending today, the 24th of April 2024. Click here to learn more.
Business Domain Software & Services | IPO Date 19th of October 2000 | Category Technology | Classification Information Technology |
Wipro Limited operates as information technology , consulting, and business process services company worldwide. The company was incorporated in 1945 and is based in Bengaluru, India. Wipro operates under Information Technology Services classification in the United States and is traded on New York Stock Exchange. The company has 5.22 B outstanding shares of which 15.8 M shares are at this time shorted by investors with about 6.87 days to cover. More on Wipro Limited ADR
Moving together with Wipro Stock
| 0.62 | KD | Kyndryl Holdings Earnings Call This Week | PairCorr |
Moving against Wipro Stock
| 0.43 | AUR | Aurora Innovation | PairCorr |
Wipro Stock Highlights
Most reasonable investors view market volatility as an opportunity to invest at a favorable price or to sell short against a bearish trend. Wipro Limited's investment highlights are automatically generated signals that are significant enough to either complement your investing judgment regarding Wipro Limited or challenge it. These highlights can help you better understand the position you are entering and avoid costly mistakes.
| CEO | Srini Pallia | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Business Concentration | IT Consulting & Other Services, Information Technology Services, Information Technology, NYSE Composite, Information Technology, IT Services, Information Technology Services, Technology (View all Sectors) | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Average Analyst Recommendation Analysts covering Wipro Limited report their recommendations after researching Wipro Limited's financial statements, talking to executives and customers, or listening in on Wipro Limited's conference calls. The current trade recommendation is based on an ongoing consensus estimate among financial analysts covering Wipro Limited ADR. The Wipro consensus assessment is calculated by taking the average forecast from all of the analysts covering Wipro Limited. | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Financial Strength Based on the measurements of operating efficiency obtained from Wipro Limited's historical financial statements, Wipro Limited ADR is performing exceptionally good at this time. It has a great probability to report excellent financial results in May. Financial strength of Wipro Limited ADR is based on its profitability, leverage, liquidity, source of funds, and operating efficiency.
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Wipro Limited's financial strength is of vital concern to both outside investors and internal stakeholders. Efficiency and cost control are keys to Wipro Limited's success, along with its ability to generate sufficient cash flow to pay bills, repay debt, and make a consistent year-to-year profit. | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
Financial leverage usually refers to the use of borrowed funds to amplify returns from an investment. In general, analyzing the relationship between debt to total assets helps investors to understand Wipro Limited's financial leverage. It provides some insight into what part of Wipro Limited's total assets is financed by creditors.
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Wipro Limited ADR (WIT) is traded on New York Stock Exchange in USA. It is located in Doddakannelli, Bengaluru, India, 560035 and employs 46 people. Wipro Limited is listed under IT Consulting & Other Services category by Fama And French industry classification. The company currently falls under 'Large-Cap' category with a total capitalization of 28.91 B. Market capitalization usually refers to the total value of a company's stock within the entire market. To calculate Wipro Limited's market, we take the total number of its shares issued and multiply it by Wipro Limited's current market price. To manage market risk and economic uncertainty, many investors today build portfolios that are diversified across equities with different market capitalizations. However, as a general rule, conservative investors tend to hold large-cap stocks, and those looking for more risk prefer small-cap and mid-cap equities. Wipro Limited ADR runs under IT Services sector within Information Technology industry. The entity has 5.22 B outstanding shares of which 15.8 M shares are at this time shorted by investors with about 6.87 days to cover.
Wipro Limited ADR has about 31.46 B in cash with 176.22 B of positive cash flow from operations. This results in cash-per-share (CPS) ratio of 63.34, which can makes it an attractive takeover target, given it will continue generating positive cash flow.
Check Wipro Limited Probability Of Bankruptcy
Ownership AllocationWipro Limited ADR retains a total of 5.22 Billion outstanding shares. Roughly 97.0 (%) of Wipro Limited outstanding shares are held by general public with 2.58 percent by institutional investors. Please note that no matter how many assets the company shows, if the real value of the company is less than the current market value, you may not be able to make money on it.
Check Wipro Ownership Details
Wipro Stock Price Odds Analysis
Attributed to a normal probability distribution, the odds of Wipro Limited jumping above the current price in 90 days from now is about 87.83%. The Wipro Limited ADR probability density function shows the probability of Wipro Limited stock to fall within a particular range of prices over 90 days. Considering the 90-day investment horizon Wipro Limited has a beta of 0.9703. This entails Wipro Limited ADR market returns are related to returns on the market. As the market goes up or down, Wipro Limited is expected to follow. Additionally, wipro Limited ADR has a negative alpha, implying that the risk taken by holding this instrument is not justified. The company is significantly underperforming the NYSE Composite.
Based on a normal probability distribution, the odds of Wipro Limited to move above the current price in 90 days from now is about 87.83 (This Wipro Limited ADR probability density function shows the probability of Wipro Stock to fall within a particular range of prices over 90 days) .
Wipro Stock Institutional Holders
Institutional Holdings refers to the ownership stake in Wipro Limited that is held by large financial organizations, pension funds or endowments. Institutions may purchase large blocks of Wipro Limited's outstanding shares and can exert considerable influence upon its management. Institutional holders may also work to push the share price higher once they own the stock. Extensive social media coverage, TV shows, articles in high-profile magazines, and presentations at investor conferences help move the stock higher, increasing Wipro Limited's value.| Instituion | Recorded On | Shares | |
| Rhumbline Advisers | 2023-12-31 | 2.1 M | |
| Millennium Management Llc | 2023-12-31 | 2 M | |
| Wellington Management Company Llp | 2023-12-31 | 1.9 M | |
| First Trust Advisors L.p. | 2023-12-31 | 1.4 M | |
| Arrowstreet Capital Limited Partnership | 2023-12-31 | 1.4 M | |
| Bank Of America Corp | 2023-12-31 | 1.2 M | |
| Connor Clark & Lunn Inv Mgmt Ltd | 2023-12-31 | 878.4 K | |
| Citigroup Inc | 2023-12-31 | 778.2 K | |
| Aqr Capital Management Llc | 2023-12-31 | 714.1 K | |
| Blackrock Inc | 2023-12-31 | 29.5 M | |
| Vanguard Group Inc | 2023-12-31 | 12.5 M |
Wipro Limited Historical Income Statement
Wipro Limited ADR Income Statement is one of the three primary financial statements used for reporting Wipro's overall financial performance over a current year or for a given accounting period. An Income Statement sometimes referred to as the statement of Wipro Limited ADR revenue and expense. Wipro Limited Income Statement primarily focuses on the company's revenues and expenses during a particular period.
At this time, Wipro Limited's Income Tax Expense is comparatively stable compared to the past year. Selling General Administrative is likely to gain to about 63.4 B in 2024, whereas EBIT is likely to drop slightly above 74 B in 2024. View More FundamentalsWipro Stock Against Markets
Picking the right benchmark for Wipro Limited stock is fundamental to making educated investment choices. Many naive investors compare their positions with the S&P 500 or with the Nasdaq. But these benchmarks are not all-inclusive and generally should be used only for large-capitalization equities or stock offerings from large companies. When the price of a selected benchmark declines in a down market, there may be an uptick in Wipro Limited stock price where buyers come in believing the asset is cheap. The opposite is true when the market is bullish; so, accurately picking the benchmark for Wipro Limited is critical whether you are bullish or bearish towards Wipro Limited ADR at a given time. Please also check how Wipro Limited's historical prices are related to one of the top price index indicators.
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Our tools can tell you how much better you can do entering a position in Wipro Limited without increasing your portfolio risk or giving up the expected return. As an individual investor, you need to find a reliable way to track all your investment portfolios. However, your requirements will often be based on how much of the process you decide to do yourself. In addition to allowing all investors analytical transparency into all their portfolios, our tools can evaluate risk-adjusted returns of your individual positions relative to your overall portfolio.Did you try this?
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Wipro Limited Corporate Directors
Wipro Limited corporate directors refer to members of a Wipro Limited board of directors. The board of directors generally takes responsibility for the Wipro Limited's affairs and long-term direction of the entity. A corporate director does not make decisions for the corporation on his own. As a member of the board of directors, she or he must function as a part of a group that makes decisions on behalf of the business only by the board of directors' meetings. To pass a resolution, a majority of Wipro Limited's board members must vote for the resolution. The Wipro Limited board of directors' duties also include the election, removal, and supervision of officers, including the adoption, amendment, and repeal of bylaws.| Vyomesh Joshi | Non-Executive Independent Director | Profile | |
| William Owens | Non-Executive Independent Director | Profile | |
| Narayanan Vaghul | Non-Executive Lead Independent Director | Profile | |
| Patrick Ennis | Non-Executive Independent Director | Profile |
How to buy Wipro Stock?
Before investing in Wipro Limited, you must ensure you fully understand your financial goals and how diversified (or not) your overall investments are now. Then, after you clearly understand your investment objectives, consider investing in Wipro Limited. To buy Wipro Limited stock, you can follow these steps:- Choose a brokerage firm: You need to select a brokerage firm to buy shares of Wipro Limited. Some popular options include Charles Schwab, Fidelity, TD Ameritrade, and Robinhood.
- Open an account: Once you have chosen a brokerage firm, you will need to open an account. You will be required to provide personal information, such as your name, address, and Social Security number.
- Fund your account: You will need to deposit funds into your brokerage account to purchase Wipro Limited stock. You can do this by transferring funds from your bank account or other investment accounts.
- Place your order: Once you have located Wipro Limited ADR stock in your brokerage account, you can place your order to buy it. You will need to specify the number of shares you want to buy and the price you are willing to pay.
- Monitor your investment: After you have purchased Wipro Limited ADR stock, you should monitor your investment to track its performance and make informed decisions about buying, selling, or holding the stock
It's important to note that investing in stocks, such as Wipro Limited ADR, carries risks, and you should carefully consider your investment goals and risk tolerance before making any investment decisions. Also, remember various factors, including economic indicators, change in net worth, political events, company-specific news, and investor sentiment, can influence the stock market. These factors can cause fluctuations in stock prices and lead to market volatility affecting your buy or sell decision. However, volatility can also present opportunities for investors to make gains by buying stocks when prices are low and selling when they are high. It's important for investors to have a long-term perspective and a well-diversified portfolio to manage the impact of stock market volatility on their investments. For more information on how to buy Wipro Stock please use our How to Invest in Wipro Limited guide.
Already Invested in Wipro Limited ADR?
The danger of trading Wipro Limited ADR is mainly related to its market volatility and Company specific events. As an investor, you must understand the concept of risk-adjusted return before you start trading. The most common way to measure the risk of Wipro Limited is by using the Sharpe ratio. The ratio expresses how much excess return you acquire for the extra volatility you endure for holding a more risker asset than Wipro Limited. The Sharpe ratio is calculated by using standard deviation and excess return to determine reward per unit of risk. To understand how volatile Wipro Limited ADR is, you must compare it to a benchmark. Traditionally, the risk-free rate of return is the rate of return on the shortest-dated U.S. Treasury, such as a 3-year bond.
When determining whether Wipro Limited ADR is a good investment, qualitative aspects like company management, corporate governance, and ethical practices play a significant role. A comparison with peer companies also provides context and helps to understand if Wipro Stock is undervalued or overvalued. This multi-faceted approach, blending both quantitative and qualitative analysis, forms a solid foundation for making an informed investment decision about Wipro Limited Adr Stock. Highlighted below are key reports to facilitate an investment decision about Wipro Limited Adr Stock: Check out Your Current Watchlist to better understand how to build diversified portfolios, which includes a position in Wipro Limited ADR. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in gross domestic product. You can also try the Transaction History module to view history of all your transactions and understand their impact on performance.
Complementary Tools for Wipro Stock analysis
When running Wipro Limited's price analysis, check to measure Wipro Limited's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Wipro Limited is operating at the current time. Most of Wipro Limited's value examination focuses on studying past and present price action to predict the probability of Wipro Limited's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Wipro Limited's price. Additionally, you may evaluate how the addition of Wipro Limited to your portfolios can decrease your overall portfolio volatility.
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Is Wipro Limited's industry expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Wipro Limited. If investors know Wipro will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Wipro Limited listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth (0.03) | Dividend Share 1 | Earnings Share 0.26 | Revenue Per Share 169.734 | Quarterly Revenue Growth (0.04) |
The market value of Wipro Limited ADR is measured differently than its book value, which is the value of Wipro that is recorded on the company's balance sheet. Investors also form their own opinion of Wipro Limited's value that differs from its market value or its book value, called intrinsic value, which is Wipro Limited's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Wipro Limited's market value can be influenced by many factors that don't directly affect Wipro Limited's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Wipro Limited's value and its price as these two are different measures arrived at by different means. Investors typically determine if Wipro Limited is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Wipro Limited's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.