Hello Finance Enthusiasts!
We are back again with new equity report and last report of the year. Today’s company to be analysed is WIPRO ltd.
Wipro Limited is the third largest IT company in India, besides TCS is the largest and Infosys is the second largest IT company in India. Wipro’s Headquarter is in Bangalore. It started in 1949. A company recognized globally for its comprehensive portfolio of services, strong commitment to sustainability and good corporate citizenship. IT major Wipro is offering to buy back shares at a premium to its current market price. However, Wipro’s share price has doubled in value since the March lows.
Wipro ltd stands at a Market Capitalization of 218440.36 crores, and it seems to be optimistic in terms of its operation as a IT sector in India.
The profits in FY20 has increased by multiple folds & the numbers are quite impressive which indeed gave us a great analysis of the company. And, we hope that the analysis gives you the same Dopamine Boost!
Credits: Akash Gaurav & Deepti Goyal
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