Wipro is a leading global information technology, consulting and business process services company. The company harness the power of cognitive computing, hyper-automation, robotics, cloud, analytics and emerging technologies to help its clients adapt to the...
Wipro Ltd's earnings have grown by 8.5%, whereas share price has appreciated 30.4% CAGR over the past five years, indicating the company’s share price is likely overvalued. However, for specific investment actions please consult your investment advisor.
Wipro Ltd share price has appreciated 18.2% annually (CAGR) over the past ten years.
Past 10 years financial track record analysis and assessment of future prospects by Moneyworks4me indicates that Wipro Ltd is a good long term investment. However, you need to ensure you buy at a right price to earn good returns.
Wipro is a leading global information technology, consulting and business process services company. The company harness the power of cognitive computing, hyper-automation, robotics, cloud, analytics and emerging technologies to help its clients adapt to the digital world and make them successful. A company recognized globally for its comprehensive portfolio of services, strong commitment to sustainability and good corporate citizenship.
The company began its business as a vegetable oil manufacturer in 1945 at Amalner, a small town in Western India and thereafter, forayed into soaps and other consumer care products. During the early 1980s, it entered the Indian IT industry by manufacturing and selling mini computers.
In the 1990s, the company leveraged its hardware R&D design and software development expertise and began offering software services to global clients. In 2013, it demerged the non-IT Diversified Businesses. With a track record of several years in IT Services, the company is focused entirely on the global Information Technology business. Wipro is listed on National Stock Exchange and Bombay StockExchange in India and New York Stock Exchange in the US.
Business area of the company
The Company is engaged in IT Software, Services and related activities.