Wipro Ltd. News and Updates

Name: Latest research reports of Wipro Ltd. authored by Geojit BNP Paribas and published by - Trendlyne research reports.
Item: Wipro Ltd.
Rating: 3
Author: Geojit BNP Paribas

Keep track of all breaking news on Wipro Ltd. from all sources in a single place.

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Wipro Ltd.

20 Jul 2021

258.30

-2.55%

Wipro sells its entire stake in IntSights for $19.17 mn

Business Today

Security analytics and automation firm Rapid7, Inc on Monday had announced the acquisition of IntSights Cyber Intelligence Ltd - which provides contextualised external threat intelligence and proactive threat remediation - for $335 million in cash and stock

Number of FII/FPI investors increased from 932 to 1017 in Mar 2025 qtr.

Wipro sells entire shareholding in IntSights for $19.17 million

Moneycontrol | 20 Jul 2021

Wipro Ltd.

20 Jul 2021

258.30

-2.55%

WIPRO LIMITED

Hold: Wipro Ltd.

Target

Geojit BNP Paribas

Strong order book, robust growth across segments, new deals and acquisition should drive growth in upcoming quarters. However, we expect margins to remain under pressure, with expenses expected to rise in the near-term. Given limited upside potential, we retain our HOLD rating with a revised TP of Rs. 610 based on 26x FY23E EPS. Robust topline driven by growth across verticals During Q1FY22, revenue rose 22.4% YoY to Rs. 18,252cr (+12.0% QoQ CC basis) due to increase in demand and volumes across all major segments. BFSI (incl. Capco)...

Wipro Ltd. has an average target of 257.38 from 10 brokers.

Wipro Ltd.

19 Jul 2021

258.30

-2.55%

Thrasio-style venture GlobalBees raises $150 million in Series A funding

livemint

As a part of the investment, Vikas Agnihotri of Softbank, Harsha Kumar of Lightspeed, Atul Gupta of Premji Invest, Sudhir Sethi of Chiratae Ventures and Kshitij Sheth of Chrys Capital will join the GlobalBees board

Wipro Ltd. has an average target of 257.38 from 10 brokers.

Wipro Ltd.

19 Jul 2021

258.30

-2.55%

Wipro Limited

Results Update: Wipro Ltd.

SMC online

of IT services revenue was up by strong 23% QoQ. Similarly the CBU (consumer business unit), ENRU (Energy, Natural Resources & Utilities) and HBU (healthcare business unit) which accounted for 17.3%, 13.1% and 11.9% of IT Services revenue has registered strong growth of 14.1% QoQ, 11.8% QoQ and 2.6% QoQ respectively. The communication and technology business units have registered a growth of 12.4% QoQand 2.5% QoQ respectively. The manufacturing registered a de-growth of 1.1% QoQ. Operating profit margin has slumped from 24.8% to 22.7%, leading to 4% rise in operating profit to Rs 4,195.70 crore. Other income rose 8% to Rs 577.9 crore. Provision for interest fell...

Number of FII/FPI investors increased from 932 to 1017 in Mar 2025 qtr.

Wipro Ltd.

19 Jul 2021

258.30

-2.55%

Pick of the Week:19 JULY 2021

Buy: Wipro Ltd.

Axis Direct

We recommend a BUY with TP of Rs. 655/share.

Number of FII/FPI investors increased from 932 to 1017 in Mar 2025 qtr.

Wipro Ltd.

18 Jul 2021

258.30

-2.55%

Wipro's turnaround is on track but its valuation has run ahead of itself

livemint

Wipro is trading at a one-year forward price-to-earnings (PE) multiple of 28 times, shows Bloomberg data

Wipro Ltd.'s price crossed below 30Day SMA today

Wipro Ltd.

17 Jul 2021

258.30

-2.55%

Brokerages raise Wipro target price

Economic Times

It reported a 9% sequential rise in profit to Rs 3,243 crore and revenue from operations rose 12.3% to Rs 18,252 crore. Analysts have largely retained their ratings at neutral or bearish citing rich valuation and concern that margins may come under pressure.

Wipro Ltd. is trading above its 50 day SMA of 256.2

Wipro investing in supply side too as it prioritises capturing growth: CFO

Business Standard | 16 Jul 2021 6 more

Wipro Ltd.

16 Jul 2021

258.30

-2.55%

Wipro: Turnaround plays out, acceleration unfolding

Moneycontrol

The positive surprise in Wipro's Q1FY22 earnings report reiterates the fact that the bold bets of the new CEO and the razor-sharp focus on growth are paying off

Wipro Ltd. is trading above its 50 day SMA of 256.2

Wipro Ltd.

16 Jul 2021

258.30

-2.55%

What should investors do with Wipro after Q1 results: buy, sell or hold?

Moneycontrol

Wipro reported a consolidated net profit of Rs 3,242.6 crore for the Q1FY22, up 35.7 percent year-on-year and 9 percent quarter-on-quarter

Wipro Ltd. is trading below its 30 day SMA of 261.2

Markets likely to be volatile; Wipro, Bandhan Bank in focus

livemint | 16 Jul 2021 9 more

Wipro Ltd.

16 Jul 2021

258.30

-2.55%

Q1FY22 Result Update - Strong Performance & Strong Guidance! - BUY

Buy: Wipro Ltd.

Target

Prabhudas Lilladhar

2Q22 guidance of 5-7% QoQ CC revenue growth implies strong 2-4% QoQ organic growth and considerably shift full year FY22 growth (~26%). IT services revenue of $2.41 bn, 12.2% QoQ USD, surpassed top end of the guidance by ~200 bps driven by strong growth in organic (4.9% QoQ USD) as well as inorganic Capco business. (~US$ 157 mn). New management's focus...

Number of FII/FPI investors increased from 932 to 1017 in Mar 2025 qtr.

Is Wipro Ltd. worth buying?

5020 Votes:

Buy 71.49%

Sell 10.02%

Hold 18.49%

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