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Wipro Limited - WIT STOCK NEWS

Welcome to our dedicated page for Wipro news (Ticker: WIT), a resource for investors and traders seeking the latest updates and insights on Wipro stock.

Wipro Limited, headquartered in Bengaluru, India, is a leading global provider of information technology, consulting, and business process services. With a workforce of 175,000 employees worldwide, Wipro has established itself as a key player in the IT services sector.

Founded in 1945, Wipro has grown substantially over the decades, particularly in the IT services domain. The company leverages its offshore outsourcing model, deriving over 57% of its revenue from North America. Wipro offers a comprehensive range of services including traditional IT services such as consulting, managed services, and cloud infrastructure services, in addition to business process outsourcing (BPO).

In recent years, Wipro has achieved several key milestones. For instance, the company has forged strategic partnerships with industry leaders to expand its service offerings and enhance its technological capabilities. Wipro's investment in emerging technologies like artificial intelligence, machine learning, and cybersecurity has positioned it at the forefront of innovation in the IT sector.

One of Wipro's significant strengths lies in its diverse portfolio. The company serves various industries, including banking, financial services, manufacturing, retail, and healthcare. This diversification has enabled Wipro to maintain a stable financial condition, evidenced by its consistent revenue growth and profitability.

Wipro is also known for its commitment to sustainability and corporate social responsibility. The company has implemented numerous initiatives aimed at reducing its environmental footprint and contributing to the well-being of the communities it operates in.

Currently, Wipro is involved in several high-impact projects. These include digital transformation initiatives for global enterprises, the development of next-generation IT solutions, and the enhancement of its cloud and infrastructure services. These projects are expected to drive further growth and solidify Wipro's position as a global IT services leader.

Rhea-AI Summary
Wipro Limited has released its 2023 State of Cybersecurity Report, which provides insights on cybersecurity trends across geographies and industry sectors. The report highlights the challenges faced by CISOs due to the rapid adoption of AI and other disruptive technologies. Wipro's analysis focuses on four pillars of resilience: cyber-attacks, breaches and law, enterprise cyber capabilities, collaboration, and the future of cybersecurity.
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Wipro Limited (NYSE: WIT, BSE: 507685, NSE: WIPRO) recognized as a ‘Leader’ by ISG Provider Lens™ in their Cybersecurity—Solutions and Services report for Singapore and Malaysia. The report highlights Wipro's comprehensive product and service offering, strong market presence, and competitive strategy. Wipro's advanced technical security service offerings, including IAM solutions, data and cloud security, have been cited as strong plays in addressing client cybersecurity needs.
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FAQ

What is the current stock price of Wipro (WIT)?

The current stock price of Wipro (WIT) is $3.65 as of December 20, 2024.

What is the market cap of Wipro (WIT)?

The market cap of Wipro (WIT) is approximately 38.2B.

What does Wipro Limited specialize in?

Wipro Limited specializes in information technology, consulting, and business process services.

Where is Wipro Limited headquartered?

Wipro Limited is headquartered in Bengaluru, India.

How many employees does Wipro Limited have?

Wipro Limited has a workforce of 175,000 employees worldwide.

What percentage of Wipro's revenue comes from North America?

Over 57% of Wipro's revenue is derived from North America.

What services does Wipro offer?

Wipro offers consulting, managed services, cloud infrastructure services, and business process outsourcing.

Which industries does Wipro serve?

Wipro serves various industries, including banking, financial services, manufacturing, retail, and healthcare.

What recent achievements has Wipro made?

Wipro has forged strategic partnerships and invested in emerging technologies like AI and cybersecurity.

What is Wipro's commitment to sustainability?

Wipro is committed to reducing its environmental footprint and contributing to community well-being through various initiatives.

What current projects is Wipro involved in?

Wipro is engaged in digital transformation initiatives, developing next-gen IT solutions, and enhancing cloud services.

What is Wipro's financial condition?

Wipro maintains a stable financial condition with consistent revenue growth and profitability.

Wipro Limited

NYSE:WIT

WIT Rankings

WIT Stock Data

38.16B
10.45B
1.48%
0.53%
Information Technology Services
Technology
Link
United States of America
Bengaluru