Wipro Limited Common Stock (WIT)
Frequently Asked Questions About Wipro Limited Common Stock (WIT)
Has Wipro Limited made any recent acquisitions?
Yes, Wipro Limited has pursued strategic acquisitions to bolster its capabilities and expand its service offerings. The company looks to acquire businesses that complement its technological expertise and enhance its capabilities in areas such as digital transformation and cloud services, ensuring that it can provide comprehensive solutions to clients.
How can investors learn more about Wipro Limited?
Investors can learn more about Wipro Limited by visiting the company’s official website, where they can access investor relations information, financial reports, and press releases. Additionally, financial news platforms and stock market resources provide regular updates on the company's performance and market analysis.
How does Wipro Limited contribute to the community?
Wipro Limited actively contributes to the community through various CSR initiatives. The company focuses on education, healthcare, and sustainability, implementing programs that aim to uplift underprivileged communities, promote skill development, and improve access to education and healthcare services.
How does Wipro Limited prioritize cybersecurity?
Wipro Limited takes cybersecurity seriously and implements a comprehensive framework to protect its own and its clients' sensitive data. The company employs advanced security measures, invests in cybersecurity technologies, and provides clients with solutions designed to enhance their cybersecurity posture in a constantly evolving threat landscape.
How does Wipro Limited support remote work?
Wipro Limited has embraced remote work, implementing policies and infrastructure to support flexible working arrangements. The company provides its employees with the necessary tools and technologies to collaborate effectively from remote locations, ensuring productivity while maintaining employee well-being and work-life balance.
How many employees does Wipro Limited have?
Wipro Limited employs approximately 250,000 professionals as of 2023. The workforce is diverse and skilled, comprising individuals across various disciplines and regions, enabling the company to cater to a plethora of client requirements worldwide.
What are Wipro's financial strengths?
Wipro Limited has demonstrated a strong financial position, characterized by consistent revenue growth, a diverse client portfolio, and profitability. The company maintains healthy cash reserves, which allows for strategic investments in technology and capabilities, as well as providing returns to shareholders in the form of dividends.
What are Wipro's key partnerships?
Wipro Limited has formed strategic partnerships with various leading technology providers, including Microsoft, SAP, Oracle, and Amazon Web Services (AWS), among others. These partnerships enhance Wipro's service offerings and enable the company to deliver innovative solutions that leverage the latest technologies and best practices.
What are Wipro’s growth prospects?
Wipro Limited's growth prospects are optimistic, driven by increasing demand for digital transformation services, cloud migration, and IT consulting across various sectors. The company's strategic investments in technology and partnerships with leading tech firms position it well to capitalize on emerging opportunities and adapt to shifting market dynamics.
What does Wipro Limited do?
Wipro Limited is a leading global information technology, consulting, and business process services company. Founded in 1945 and headquartered in Bangalore, India, it offers a wide range of services including IT solutions, business process outsourcing (BPO), and consulting across various sectors such as finance, healthcare, and manufacturing. Wipro leverages emerging technologies and industry expertise to help clients transform their businesses and achieve their goals.
What industries does Wipro Limited serve?
Wipro Limited serves a wide range of industries including banking and financial services, healthcare, manufacturing, consumer goods, telecommunications, and energy. The company tailors its services and solutions to meet the specific needs and challenges faced by clients in these sectors.
What is the company's strategy in digital transformation?
Wipro Limited's strategy in digital transformation revolves around empowering clients to leverage digital technology to improve their operations, enhance customer experience, and drive innovation. The company invests heavily in developing capabilities in AI, automation, cloud, and data analytics, equipping businesses to adapt to the rapidly changing technological landscape.
What is the company’s approach to employee development?
Wipro Limited places a strong emphasis on employee development and continuous learning. The company provides various training programs, certifications, and mentoring opportunities to enhance employees’ skills and advance their careers. Wipro believes that investing in its workforce is crucial for driving innovation and delivering quality services to clients.
What is the stock symbol for Wipro Limited?
Wipro Limited is traded on the New York Stock Exchange (NYSE) under the stock symbol 'WIT'. This allows investors to buy and sell shares of the company on the NYSE, as well as access its financial information and performance data.
What is Wipro's stance on diversity and inclusion?
Wipro Limited is committed to fostering diversity and inclusion within its workforce. The company believes that a diverse and inclusive environment drives innovation and performance. Wipro undertakes various initiatives to promote diversity in hiring and create a workplace where all employees are valued and can thrive.
What is Wipro’s approach to sustainability?
Wipro Limited recognizes the importance of sustainability and corporate responsibility. The company adopts a holistic approach to sustainability, focusing on social, environmental, and economic aspects. Wipro aims to reduce its carbon footprint, promote green initiatives, and positively impact communities through various corporate social responsibility (CSR) programs.
What services does Wipro Limited offer?
Wipro Limited offers a wide array of services, including IT consulting, application development and maintenance, business process outsourcing (BPO), infrastructure management, and cloud services. The company also focuses on emerging technologies such as artificial intelligence, machine learning, big data analytics, and the Internet of Things (IoT) to provide innovative solutions to its clients.
When was Wipro Limited founded?
Wipro Limited was founded in 1945 as Western India Products Limited by Mohamed Premji in Amalner, Maharashtra, India. Initially, the company was involved in the production of vegetable oils before diversifying into IT services in the 1980s, leading to its current status as a prominent player in the global technology landscape.
Where is Wipro Limited headquartered?
Wipro Limited is headquartered in Bangalore, Karnataka, India. The company has established a strong presence both in India and internationally, with offices and delivery centers located around the world to support its global client base.
Who is the current CEO of Wipro Limited?
As of my last knowledge update in October 2023, the CEO of Wipro Limited is Thierry Delaporte. He took over the role in July 2020 and has been driving the company’s strategy of transformation and focus on digital services.
What is the current price of Wipro Limited Common Stock?
The current price of Wipro Limited Common Stock is 3.090
When was Wipro Limited Common Stock last traded?
The last trade of Wipro Limited Common Stock was at 7:00 pm EDT on April 2nd, 2025
What is the market capitalization of Wipro Limited Common Stock?
The market capitalization of Wipro Limited Common Stock is 16.96B
How many shares of Wipro Limited Common Stock are outstanding?
Wipro Limited Common Stock has 5.49B shares outstanding.