If you’re looking to invest in Wipro stock, here’s everything you need to know.
What is the current stock price of Wipro
Wipro (NYSE: WIT) is an Indian multinational corporation that provides information technology, consulting and business process services. It is the third largest India-based IT services company by revenue. As of December 31, 2019, the company had 155,675 employees across 54 countries.
The company was founded in 1945 as a vegetable and fruit exporting company by Mohamed Premji as “Western Indian Vegetable Products Limited”. The name Wipro was adopted in 1977. The company initially manufactured hydraulic cylinders and diversified into hydraulic equipment fabrication, steel furniture manufacturing, and electricals.
The current stock price of Wipro is $5.48.
What was the stock price of Wipro one year ago
The stock price of Wipro one year ago was Rs 356.85. Today, it is Rs 533.60. That is an increase of 49%.
If you had invested in Wipro one year ago, your investment would have grown by 49%. This outperforms the Sensex, which grew by only 28% during the same period.
Why is Wipro a good investment?
Wipro is a leading Indian IT company with a strong track record of growth. It has a diversified client base and a strong presence in emerging markets. Wipro is well-positioned to benefit from the growing demand for digital transformation services.
What’s more, Wipro has a strong balance sheet and generates healthy cash flows. This enables the company to invest in growth initiatives and return cash to shareholders through dividends and share buybacks.
So if you are looking for a good stock to invest in, Wipro is a great option.
How has the stock price of Wipro changed over time
Wipro, an Indian multinational corporation that provides information technology, consulting and business process services, has seen its stock prices change over time. In 2010, Wipro’s stock price was Rs. 552.34, and by 2015, it had increased to Rs. 1,129.55. This is a compound annual growth rate of 18.4%. However, in the last five years, from 2015 to 2020, the stock price has seen a decline. In 2020, the stock price was Rs. 472.05. The main reason for this decline has been the COVID-19 pandemic which has impacted the company’s revenue and profit margins.
What factors affect the stock price of Wipro
There are many factors that can affect the stock price of Wipro, including global economic conditions, the performance of other Indian companies, and political stability in India. Wipro is also affected by changes in the technology sector, as it is a leading provider of information technology services.
Is the stock price of Wipro a good investment
Wipro (NYSE: WIT) is an Indian multinational corporation that provides information technology, consulting and business process services. It was founded in 1945 as a vegetable and refined oils company, but later diversified into other areas, such as electronics, power, chemicals, consumer care and healthcare.
The company’s stock price has been on a roller coaster ride in recent years, but overall it has been a good investment. The stock is up more than 50% over the past five years, and even after taking into account the recent sell-off in global markets, it is still up around 30% over the past year.
Looking ahead, Wipro looks well-positioned to continue its strong performance. The company has a solid track record of growth, and its focus on emerging markets should help it continue to outperform its peers. Moreover, the stock is relatively cheap at current levels, trading at just 11 times forward earnings.
Overall, then, Wipro looks like a good long-term investment for those looking to profit from the continued growth of the Indian economy.
What is the history of the stock price of Wipro
Wipro Ltd. is an Indian multinational corporation that provides information technology, consulting and business process services. It is the third-largest India-based IT services company by revenue. As of December 2019, the company has 152,641 employees serving over 1,800 clients in over 170 countries.
The company was founded on 29 December 1945 by Mohamed Premji as “Western India Palm Refined Oil Limited”, later abbreviated to “Wipro”. It was initially set up as a manufacturer of vegetable and refined oils in Amalner, Maharashtra, India under the trade names of Kisan, Sunflower and Camel.
The stock price of Wipro has seen a lot of ups and downs over the years. After going public in 1946, the stock price steadily increased until hitting an all-time high of ₹1,550 (~$22) in 2000. Since then, the stock price has been on a roller coaster ride with multiple peaks and troughs. The stock hit its lowest point in almost a decade in 2012, but has since recovered and is currently trading at around ₹500 (~$7).
How do I buy shares of Wipro
Wipro is a publicly traded company on the Bombay Stock Exchange (BSE) and the National Stock Exchange (NSE) of India. You can buy shares of Wipro through a broker that offers trading on the BSE or NSE.
What is the dividend yield for Wipro
Wipro’s dividend yield is 2.4%.
This means that for every Rs 100 you invest in Wipro, you will receive Rs 2.40 in dividends every year.
Wipro has been paying dividends since 1999 and has increased its dividend payout in each of the last 10 years.
The company has a strong history of dividend growth, making it an attractive investment for income-seeking investors.
When is the next earnings release for Wipro
The next earnings release for Wipro is scheduled for May 10, 2019.
How does the stock price of Wipro compare to its competitors
Wipro is an Indian multinational corporation that provides information technology, consulting and business process services. It is the third largest IT services company in India and the sixth largest globally. Wipro’s stock price has been on a steady decline over the past year, while its competitors such as Tata Consultancy Services and Infosys have seen their stock prices increase. Wipro’s stock price is currently at its 52-week low, and it is unclear how the company will turn things around.