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Wipro Ltd (WIPR.NS)

WIPR.NS on National Stock Exchange of India

268.90INR
18 May 2018
Change (% chg)

Rs-9.45 (-3.40%)
Prev Close
Rs278.35
Open
Rs276.50
Day's High
Rs276.50
Day's Low
Rs268.05
Volume
4,816,593
Avg. Vol
3,158,103
52-wk High
Rs334.00
52-wk Low
Rs252.00

Latest Key Developments (Source: Significant Developments)

Wipro Makes $9.9 Million Investment In Harte Hanks
Wednesday, 24 Jan 2018 

Jan 24 (Reuters) - Harte Hanks Inc ::WIPRO MAKES $9.9 MILLION INVESTMENT IN HARTE HANKS.HARTE HANKS - ‍AS PART OF DEAL, WIPRO TO GET PREFERRED STOCK CONVERTIBLE INTO 16% OF CO'S OUTSTANDING COMMON STOCK ON PRE-CLOSING BASIS.HARTE HANKS - ‍ALONG WITH CUSTOMARY PROTECTIVE PROVISIONS, A 5% DIVIDEND, WIPRO TO BE ABLE TO DESIGNATE AN OBSERVER/DIRECTOR TO CO'S BOARD.  Full Article

Wipro Says Unit To Invest $9.9 Mln In Harte Hanks
Wednesday, 24 Jan 2018 

Jan 24 (Reuters) - Wipro Ltd ::SAYS WIPRO LLC WILL INVEST $9.9 MILLION IN HARTE HANKS.SAYS WIPRO LLC, HARTE HANKS WILL EXPAND EXISTING PARTNERSHIP TO OFFER END-TO-END MARKETING TECHNOLOGY SERVICES TO CUSTOMERS.  Full Article

Wipro Says CY18 Commentary From Clients Looks Positive
Friday, 19 Jan 2018 

Jan 19 (Reuters) - Wipro Ltd ::SAYS WHILE THERE ARE SOME CUSTOMER SPECIFIC UNCERTAINITIES, CY18 COMMENTARY FROM CLIENTS LOOKS POSITIVE.  Full Article

Wipro Expects March-Qtr Revenues From IT Services To Be In Range Of $2.03 Bln-$2.07 Bln
Friday, 19 Jan 2018 

Jan 19 (Reuters) - Wipro Ltd ::SAYS IT SERVICES MARGIN FOR QUARTER WAS 14.8 PERCENT.EXPECT MARCH QUARTER REVENUES FROM IT SERVICES TO BE IN THE RANGE OF $2,033 MILLION TO $2,073 MILLION.  Full Article

India's Wipro Dec Qtr Consol Profit Down About 8.5 Pct
Friday, 19 Jan 2018 

Jan 19 (Reuters) - Wipro Ltd ::DEC QUARTER CONSOL NET PROFIT 19.31 BILLION RUPEES VERSUS 21.10 BILLION RUPEES LAST YEAR.CONSENSUS FORECAST FOR DEC QUARTER CONSOL NET PROFIT WAS 21.58 BILLION RUPEES.DEC QUARTER CONSOL REVENUE FROM OPERATIONS 136.69 BILLION RUPEES VERSUS 136.88 BILLION RUPEES LAST YEAR.APPROVED INTERIM DIVIDEND OF 1 RUPEE PER SHARE.DEC QUARTER CONSOL IT SERVICES SEGMENT REVENUE 132.35 BILLION RUPEES VERSUS 131.96 BILLION RUPEES LAST YEAR.  Full Article

Wipro Says Azim Premji Trust Cuts Stake In Co By 2.73 Pct To 13.67 Pct
Thursday, 21 Dec 2017 

Dec 21 (Reuters) - Wipro Ltd ::SAYS AZIM PREMJI TRUST CUTS STAKE IN CO BY 2.73 PERCENT TO 13.67 PERCENT.  Full Article

Wipro Subject Of Litigation With Customer Relating‍​ To ERP Implementation Project
Friday, 1 Dec 2017 

Dec 1 (Reuters) - Wipro Ltd ::SAYS CO IS SUBJECT OF LITIGATION WITH CUSTOMER RELATING‍​ TO ERP IMPLEMENTATION PROJECT, WHICH BEGAN IN 2009.LAWSUIT SEEKS DAMAGES OF UP TO $140 MILLION PLUS ADDITIONAL COSTS RELATING TO ERP IMPLEMENTATION PROJECT UNDERTAKEN BY NATIONAL GRID US.SAYS BELIEVES "ALLEGATIONS MISSTATE FACTS"; WILL CONTEST ALLEGATIONS IN COURT.  Full Article

Wipro sees Dec-qtr revenues from IT services to be in range of $2.01 bln to $2.05 bln
Tuesday, 17 Oct 2017 

Oct 17 (Reuters) - Wipro Ltd ::Expect Dec quarter revenues from IT services business to be in the range of $2,014 million to $2,054 million.Says IT services margin for the quarter was 17.3 pct‍​.Productivity gains generated by holmes automation suite, operational efficiencies overcame incremental impact of wage hikes.Says gross utilization has expanded by 90 bps sequentially to end Q2 at 72.9 pct‍​.Says IT services segment revenues for quarter in dollar terms were $2.01 billion, an increase of 2.1 pct sequentially‍​.  Full Article

India's Wipro Sept-qtr consol profit up about 6 pct
Tuesday, 17 Oct 2017 

Oct 17 (Reuters) - Wipro Ltd :Sept quarter consol net profit 21.92 billion rupees versus 20.67 billion rupees last year.Consensus forecast for Sept quarter consol profit was 20.80 billion rupees.Sept quarter consol net sales 134.23 billion rupees versus 137.66 billion rupees last year.Sept quarter consol IT services segment revenue 131.69 billion rupees versus 131.37 billion rupees last year.  Full Article

Wipro Singapore to buy 100 pct stake in Zhongshan Ma Er
Thursday, 22 Sep 2016 

Wipro Singapore Pte. Ltd: Signed a definitive agreement to acquire 100% shareholding of Zhongshan Ma Er Daily Products Limited . Deal will be fully paid in cash .Post acquisition, Wipro Unza will touch an annual run rate of close to RMB 1 billon ($150 million).  Full Article

UPDATE 3-Cognizant cuts profit forecast due to tax hit

May 7 IT services firm Cognizant lowered its forecast for annual earnings on Monday saying that it now expected to pay higher taxes than previously thought, driving its shares down 6 percent.