The Wipro Limited is a large cap company belonging to Nifty 50 group. For this reason, Wipro share price influences the benchmark index.
Wipro Share Price Graph
Wipro Limited was incorporated in 1945 as a flagship company of the Azim Premji Group with a view to manufacturing and trade in vegetable oil, ghee, vanaspati and the likes. Later it diversified into various other business. From then on its journey has been commendable that led it to a position of top level IT, software and BPO company globally.
Wipro, today, is a giant in IT and software sector having global certificates like SEI CMM Level 5 and PCMM Level 5 certified for IT Services. Wipro serves its customers in the following ways.
- Provides Information Technology related services and comprehensive solution to its customers.
- Provides system integration.
- Provides Business Process Outsourcing (BPO) services.
- Provides Information System Outsourcing services.
- Provides package implementation services.
- Provides software application development and maintenance services.
- Provides research and development services.
The customer base of Wipro is very strong. Global corporate giants are regular customers of Wipro Limited. In addition to abovementioned services, Wipro has ventured into the very profitable and niche segment of the business of lighting and consumer products like Desktop Computers, Laptop Computers, computer peripherals, hardware and software.
Wipro has the following divisions.
- Wipro Infotech
- Wipro Technologies
- Wipro Consumer Care and Lighting
- Wipro GE Medical Systems
- Wipro Infrastructure Engineering
Wipro is the world’s first company to achieve Six Sigma in IT and also the world’s first company to receive SEI CMM Level 5 and PCMM Level 5 certification. Wipro ADSs are listed on NYSE.
Wipro has been a leader and one of the top global companies. It has been awarded many awards for excellence in its sector and awards for CSR.
Company Financials – Wipro share price is Rs 258.75 (as on 30.06.17, EOD) in BSE. As per latest data, the standalone basis P/E is 15.43 versus average industry P/E of 17.55, EPS is Rs 16.77. Market cap is Rs 1,25,400.65 crores. The face value of a share is Rs 2.
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