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Last $11.81 USD
Change Today +0.33 / 2.87%
Volume 324.1K
WIT On Other Exchanges
Natl India
New York
As of 11:27 AM 04/27/15 All times are local (Market data is delayed by at least 15 minutes).

wipro ltd-adr (WIT) Snapshot

Previous Close
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52 Week High
02/13/15 - $14.18
52 Week Low
06/4/14 - $10.86
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Current Stock Chart for WIPRO LTD-ADR (WIT)

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wipro ltd-adr (WIT) Details

Wipro Limited provides information technology (IT) products and services worldwide. It operates in two segments, IT Services and IT Products. The IT Services segment offers software application development services; application maintenance services; research and development services for hardware and software design; analytics and information management services, such as business analytics, business intelligence and performance management, and information management; and business process outsourcing (BPO) services, including pre-built process asset based solutions, industry focused and platform based solutions, driving predictable business outcomes, investing in industry leading BPO platform, and integrated IT BPO services. It also provides consulting services; product engineering solutions; managed services; application services, such as enterprise applications, connected enterprise services, enterprise security solutions, cyber security consulting, enterprise architecture, and testing services; cloud services; eco energy services; infrastructure management services; and mobility services. This segment serves banking, financial services, and insurance; healthcare and life sciences; retail, consumer, transport, and government; energy, natural resources, and utilities; manufacturing; and global media, as well as telecom industries. The IT Products segment sells a range of Wipro personal desktop computers, Wipro servers, and Wipro notebooks; and resells desktops, servers, notebooks, storage products, networking solutions, and packaged software for international brands. This segment also offers platforms and storage, enterprise information security, emerging technologies, enterprise management, and contact centre infrastructure products; and delivers hardware, software products, and other related products. It has collaboration agreement with Red Hat, Inc. to develop and deliver cloud solutions. Wipro Limited was founded in 1945 and is headquartered in Bengaluru, India.

Founded in 1945

wipro ltd-adr (WIT) Top Compensated Officers

Chief Executive Officer, Executive Director, ...
Total Annual Compensation: $840.4K
Founder, Executive Chairman and Member of Str...
Total Annual Compensation: $1.2M
Chief Executive Officer of Wipro Infrastructu...
Total Annual Compensation: $317.6K
Chief Sustainability Officer
Total Annual Compensation: $37.7K
Compensation as of Fiscal Year 2014.

wipro ltd-adr (WIT) Key Developments

Wipro Mulls Acquisitions

Sangita Singh, Chief Executive Officer of healthcare and life sciences at Wipro Ltd. (BSE:507685) said, "Wipro plans to partner with startups in the healthcare and life sciences segment in US, especially in analytics." The company is working towards identifying start-ups and will look to combine organic and inorganic growth.

Wipro Sets Up Executive Panel

Wipro has set up an executive committee that aims to define the company's strategy and help it make key decisions on operational and strategic execution. Further, it will also ensure that corporate governance and risk assessment are integrated into the decision-making process in addition to formulating and executing strategies. This committee will have CEO TK Kurien to chair the committee and will consist of 16 members which include the newly joined group president and COO Abid Ali Neemuchwala, Anand Padmanabhan, President and Chief Executive of energy, natural resources and utilities division; Anurag Srivastava, Senior VP, Business outcome services; Ayan Mukerji, chief executive, media, telecom and product engineering services, Bhanumurthy B M, President and chief executive, Business Application Services; Prasanna, president and chief executive, global infrastructure services; Inderpreet Sawhney, Senior VP and General Counsel; Jatin Dalal, CFO; N.S. Bala, chief executive, manufacturing and hi tech; Rajan Kohli, Senior VP and Head- Digital; Rishad Premji, Chief Strategy Officer and head of technology; Sangita Singh, head of healthcare and lifesciences; Saurabh Govil, head of HR; Shaji Farooq, head of BFSI; Soumitro Ghosh, head of Wipro Infotech and Asia Pacific and Japan; and Srini Pallia, head of retail, consumer goods, transportation and government.

Wipro Ltd. Provides Revenue Guidance for the Quarter Ended June 30, 2015

Wipro Ltd. provided revenue guidance for the quarter ended June 30, 2015. For the quarter, the company expects revenue from IT services business to be in the range of $1,765 million compared to $1,793 million.


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