Sign up for Equitymaster's free daily newsletter, The 5 Minute WrapUp and get access to our latest Multibagger guide (2017 Edition) on picking money-making stocks.This is an entirely free service. No payments are to be made.
Wipro is India's third-largest software services exporter and has diversified business interests, including, software development, hardware, consumer care and lighting and infrastructure engineering. Wipro's IT services business has been consistently on the rise and has been the major driver of revenue and profit growth for the company. IT services business contributes around 77% of total revenues of the company. Between FY07 and FY12, the company grew its sales and profits at average annual rates of 20% and 14% spectively.
|American Depository Receipts||Apr 24, 2017|
|Price (US$)9.70||Open (US$)9.76||High (US$)12.50||Low (US$)9.00|
|% Change0.82||Volume501,402||Value (US$)500,520||52-Week H/L13.08 / 10.65|
Wipro has reported a 1% QoQ decrease in the consolidated topline and a 1.9% QoQ increase in the consolidated bottomline for the quarter ended December 2016.
Wipro has reported a 1.5% QoQ increase in the topline and a 0.9% QoQ increase in the bottomline for the quarter ended September 2016.
Wipro has reported a 0.3% QoQ decrease in the topline and an 8.3% QoQ decrease in the bottomline for the quarter ended June 2016.
Client specific issues result in a dull end to FY17.
Infosys ends FY17 with a 7% QoQ fall in net profit for the March quarter.More Views on News
Rohan and Kunal present you the discussions with professor Sanjay Bakshi in his virtual classroom.
Why HDFC Bank beat the Sensex by nearly 3 times.
The link between the Indian economy and the stock market is weak, and the stock market is not a reflection of the Indian economy.
An elephant and six blind men will tell you more about the markets than any financial newspaper or channel.
The MFU platform offers ease, convenience, and speed of transacting in various mutual fund schemes.More