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Wipro Limited

WIPR.BO

Latest Trade

212.55INR

Change

13.25(+6.65%)

Volume

2,479,981

Today's Range

196.35

 - 

214.75

52 Week Range

159.60

 - 

301.55

As of on the National Stock Exchange of India ∙ Minimum 15 minute delay

Latest Developments

India's Wipro Names Thierry Delaporte As CEO & Managing Director

May 29 (Reuters) - Wipro Ltd <WIPR.NS>::APPOINTS THIERRY DELAPORTE AS CEO & MANAGING DIRECTOR.APPOINTMENT EFFECTIVE JULY 6, 2020.DELAPORTE WAS CHIEF OPERATING OFFICER OF CAPGEMINI GROUP.ABIDALI NEEMUCHWALA WILL RELINQUISH HIS POSITION AS CEO AND MD ON JUNE 1.RISHAD PREMJI WILL OVERSEE DAY TO DAY OPERATIONS OF COMPANY UNTIL JULY 5.

Wipro CEO Sees 'Huge' Pressure on Margins as Revenues Fall Due to COVID-19

April 15 (Reuters) - Wipro Ltd <WIPR.NS> executives during a press briefing::CEO SAYS SAW A CASCADING IMPACT ON BUSINESS AS COVID-19 SPREAD IN MARCH.CEO SAYS 90% OF EMPLOYEES ARE WORKING FROM HOME.CEO SAYS HAVE SEEN BUDGET REDUCTIONS BY CLIENTS.CEO SAYS SEEING REDUCTION IN DISCRETIONARY SPEND BY CLIENTS, RESTRUCTURING OF PROJECTS.CEO SAYS EXPECT 'HUGE' PRESSURE ON MARGINS AS REVENUES DECLINE.CEO SAYS MAY HAVE TO MAKE TRADE-OFFS ON HIRING, SALARY RAISES AS MARGINS COME UNDER PRESSURE.EXEC SAYS DON'T KNOW HOW DEEP AND LONG THIS CRISIS WILL CONTINUE, IS AN UNPRECEDENTED SITUATION FOR WIPRO.EXEC SAYS WILL HONOUR OFFERS GIVEN OUT FOR HIRING, BUT ON-BOARDING WILL BE DELAYED.EXEC SAYS KEY GEOGRAPHIES U.S., UK, CONTINENTAL EUROPE, INDIA HIT 'VERY HEAVILY', WILL TAKE TIME TO RECOVER.

Wipro - Total Dividend For FY 2019-20 Remains 1 Rupee Per Equity Share

April 15 (Reuters) - Wipro Ltd <WIPR.NS>::WIPRO - TOTAL DIVIDEND FOR FINANCIAL YEAR 2019-20 REMAINS 1 RUPEE/PER EQUITY SHARE.

Wipro Says Co To Not Provide Revenue Guidance For Qtr Ending June 30 Because Of COVID Uncertainty

April 15 (Reuters) - Wipro Ltd <WIPR.NS>::WE HAVE DECIDED TO NOT PROVIDE REVENUE GUIDANCE FOR THE QUARTER ENDING JUNE 30, 2020 BECAUSE OF COVID UNCERTAINTY.IT SERVICES OPERATING MARGIN FOR THE QUARTER WAS AT 17.6%, A DECREASE OF 0.8% QOQ.WIPRO SAYS "QUARTERS AHEAD SEEM CHALLENGING AND REQUIRE A TREMENDOUS RESPONSE ON COSTS".WIPRO SAYS ANTICIPATE INCREASE IN WORKING CAPITAL.ESTIMATE THAT IT SERVICES REVENUES FOR QUARTER ENDED MARCH 31, 2020 WERE NEGATIVELY IMPACTED BY COVID-19 BY ABOUT $14 -$16 MILLION.WIPRO SAYS COVID IMPACT ON BUSINESS IS DUE TO SERVICE DISCONTINUITY CAUSED BY INABILITY OF EMPLOYEES TO WORK FROM HOME OR CONTRACT CANCELLATIONS.WILL RESUME PROVIDING REVENUE GUIDANCE WHEN CO HAS INCREASED CERTAINTY OF BOTH DEMAND AND SUPPLY SIDE FACTORS.IT SERVICES SEGMENT ADDED 65 NEW CUSTOMERS IN MARCH QTR.

India's Wipro March-Qtr Consol Net Profit Slips To 23.26 Bln Rupees

April 15 (Reuters) - Wipro Ltd <WIPR.NS>::MARCH-QUARTER CONSOL NET PROFIT 23.26 BILLION RUPEES VERSUS 24.84 BILLION RUPEES YEAR AGO.MARCH QUARTER CONSOL REVENUE 157.11 BILLION RUPEES VERSUS 150.06 BILLION RUPEES YEAR AGO.CONSENSUS FORECAST FOR MARCH QUARTER CONSOL NET PROFIT WAS 24.47 BILLION RUPEES.MARCH QUARTER IT SERVICES REVENUE 152.96 BILLION RUPEES VERSUS 145.87 BILLION RUPEES.ASSESSED RECOVERABILITY OF UNBILLED RECEIVABLES, CONTRACT ASSETS, CERTAIN INVESTMENTS IN LIGHT OF COVID-19.BASED ON CURRENT ASSUMPTIONS, EXPECTS TO RECOVER CARRYING AMOUNT OF ASSETS.

Wipro - Board Has Not Recommended Any Final Dividend

April 15 (Reuters) - Wipro Ltd <WIPR.NS>::BOARD HAS NOT RECOMMENDED ANY FINAL DIVIDEND.

India's Wipro To Co-Develop Solutions With SAP For Retail & Fashion Industry

March 12 (Reuters) - Wipro Ltd::TO CO-DEVELOP SOLUTIONS WITH SAP FOR RETAIL AND FASHION INDUSTRY.

Wipro Acquires Rational Interaction

Feb 21 (Reuters) - Wipro Ltd <WIPR.NS>::WIPRO LTD SAYS HAS ACQUIRED RATIONAL INTERACTION.WIPRO LTD SAYS NO PLANS TO REDUCE RATIONAL INTERACTION'S CURRENT STAFF AS IT INTEGRATES WITH WIPRO DIGITAL.

Wipro Gets Multi-Year Strategic IT Deal From Marelli

Feb 6 (Reuters) - Wipro Ltd <WIPR.NS>::WIPRO LTD SAYS WIPRO GETS MULTI-YEAR STRATEGIC IT DEAL FROM MARELLI.

Wipro Says CEO And MD Abidali Z Neemuchwala Has Stepped Down

Jan 30 (Reuters) - Wipro Ltd <WIPR.NS>::WIPRO LTD - WIPRO CEO AND MD ABIDALI Z NEEMUCHWALA STEPS DOWN.WIPRO LTD - NEEMUCHWALA HAS DECIDED TO STEP DOWN DUE TO FAMILY COMMITMENTS; BOARD INITIATED SEARCH TO IDENTIFY NEXT CEO.

Quote and financial data from Refinitiv. Fund performance data provided by Lipper. All quotes delayed a minimum of 15 minutes.

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