SENSEX
SENSEX
This Large-Cap IT stock secured a USD 500 million order from an international entity and it is also a leading US communication service provider. The company will be providing and managing services for some products and industry-specific solutions. It is to be executed for 5 years.
Wipro Ltd is a global information technology, consulting, and business process services (BPS) company. It ranks as the fourth-largest Indian player in the global IT services industry, following TCS, Infosys, and HCL Technologies. The IT Services segment, constituting approximately 97 per cent of the company's revenues, is structured around two global business lines. Firstly, iDEAS encompasses service lines such as domain and consulting, applications and data engineering, as well as R&D and Wipro Digital. Secondly, iCORE comprises service lines including cloud and infrastructure services (CIS), digital operations and platform (DO&P), and Cybersecurity and risk services (CRS).
Share Performance:
On Friday, the company's stock closed at around Rs 484.45 per share, with a market capitalisation of Rs 2,53,302 crore. The stock has delivered a return of around 20 per cent in just 1 year.
Financial performance:
According to the Quarterly Results, in Q4 FY24, the company reported a revenue of Rs 22,208 crore compared to Rs 23,190 crore and a net profit of Rs 2858 crore compared to Rs 3094 crore. In FY24, the company reported a revenue of Rs 89760 crore compared to Rs 90488 crore, and a net profit of Rs 11112 crore, compared to a profit of Rs 11366 crore in the previous year.
Regarding the shareholding pattern, the promoters own 72.89 per cent of the company, while FIIs and DIIs hold 6.96 per cent and 8.28 per cent, respectively. Public or retail investors hold the remaining 11.76 per cent.
Investors must keep this stock on their radar.
Disclaimer: The article is for informational purposes only and not investment advice.
Mkt Commentary7-Jun, 2024
Multibaggers7-Jun, 2024
Multibaggers7-Jun, 2024
Multibaggers7-Jun, 2024
Multibaggers7-Jun, 2024
MF6-Jun, 2024
General5-Jun, 2024
General5-Jun, 2024
Multibagger stocks are highly sought after by investors due to their potential for substantial returns.
Phone Number:
(+91)-20-66663802 / 03
Email address:
enquiry@dsij.in
service@dsij.in
To request a call back:
Give a Missed Call
020-66663888
Dalal Street Investment Journal
Flash News Investment
Large Rhino
Mid Bridge
Vriddhi Growth
Tiny Treasure
Value Pick
Multibagger Pick
Micro Marvel
Penny Pick
Mispriced Gems 
Pop Stock
Pop BTST
Pop Options
Pop Scalper
Pop Futures Swing Trading
TAS
Pop Tactical Options
Model Portfolio
Portfolio Advisory Service
First Step
Stock Market Book
Derivatives Book
Top Gainers
Top Losers
52 Week High
52 Week Low
Advance/Declines
FII/DII
Broker Reports
Guru Investors
About Us
Careers
Contact Us
Stock Simulation
DSIJ Magazine Archive
Investor Awareness Programs (IAP)
Testimonials
DSIJ Apps
Advertise With Us
Offers
Tribute to Founder
SEBI Registered Research Analyst Details:
Registered Name: DSIJ PRIVATE LIMITED
Type of registration: Non-Individual
Registration No.: INH000006396
Validity: Oct 05, 2018 – Perpetual
View Registration Certificate
SEBI Registered Investment Adviser Details:
Registered Name: DSIJ PRIVATE LIMITED
Type of registration: Non-Individual
Registration No.: INA000001142
Validity: Aug 19, 2019 – Perpetual
View Registration Certificate
Registered Address:
419-A, 4th floor, Arun Chambers,
Tardeo, Next to AC Market, Mumbai – 400 034.
Tel: +91 022-43476012/13/14/15 | Email: service@dsij.in
CIN No.: U22120MH2003PTC139276
GST No.: 27AACCR4303G1ZP
BASL Membership ID: 1346
Principal Officer: Mr. Shashikant Singh,
Email: principalofficer@dsij.in
Tel: (+91)-20-66663800
Compliance Officer: Mr. Rajesh Padode
Email: complianceofficer@dsij.in
Tel: (+91)-20-66663800
Grievance Officer: Mr. Rajesh Padode
Email: service@dsij.in
Tel: (+91)-20-66663800
Corresponding SEBI regional/local office address- SEBI Bhavan BKC, Plot No.C4-A, ‘G’ Block, Bandra-Kurla Complex, Bandra (East), Mumbai – 400051, Maharashtra.
Tel: +91-22-26449000 / 40459000 | Fax : +91-22-26449019-22 / 40459019-22 | E-mail : sebi@sebi.gov.in | Toll Free Investor Helpline: 1800 22 7575 | SEBI SCORES | SMARTODR
Disclaimer: “Registration granted by SEBI, membership of BASL and certification from NISM in no way guarantee performance of the intermediary or provide any assurance of returns to investors”
Investment in securities market is subject to market risks. Read all the related documents carefully before investing.
Any act of copying, reproducing, or distributing the content whether wholly or in part, for any purpose without the permission of DSIJ is strictly prohibited and shall be deemed to be copyright infringement.
Leave feedback about this