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Wipro (WIT) Gets 6.7% Boost From New AI-Powered Model
Yahoo Finance· 2026-02-03 06:13
We recently published 10 Big Names Already Crushing This February. Wipro Ltd. (NYSE:WIT) was one of the top performers on Monday. Wipro snapped a three-day losing streak on Monday, jumping 6.75 percent to close at $2.69 apiece as investors repositioned portfolios following the launch of a new AI-powered operating model to support operations of its enterprise customers. Called Wipro Intelligence, Wipro Ltd. (NYSE:WIT) said that the new product would combine advisory, AI, and enterprise transformation ser ...
Wipro and Factory Partner to Accelerate Agent-Native Software Development For Enterprises Globally
Businesswire· 2026-01-28 13:01
Ali Wasti, Managing Partner, Wipro Ventures, noted, "Enterprises today are under immense pressure to innovate faster while maintaining quality and security. Our investment reinforces Factory's strength as an enterprise-grade AI platform and Wipro Ventures' commitment to backing cutting-edge AI platforms that transform enterprise software development.†"We are excited to partner with Wipro to bring autonomous software development to global enterprises,†said Matan Grinberg, CoFounder and Chief Executive Of ...
Wipro shares in focus as stock turns ex-date for Rs 6 interim dividend
The Economic Times· 2026-01-27 03:13
According to the regulatory filing, the payment of the interim dividend will be completed on or before February 14, 2026.Sensex, Nifty today: Catch all the LIVE stock market action here Live Events“The Board of Directors (“Board”) of Wipro Limited (“Company”), have at their meeting held over January 15-16, 2026, considered and approved the following: Payment of interim dividend of Rs 6/- per equity share of par value Rs 2/- each to the Members of the Company as on January 27, 2026, being the Record Date. Th ...
DraftKings, Abbott, And Applovin Are Among Top 10 Large Cap Losers Last Week (Jan. 19-Jan. 23): Are the Others in Your Portfolio? - Abbott Laboratories (NYSE:ABT), AppLovin (NASDAQ:APP), AeroVironment
Benzinga· 2026-01-25 13:02
Performance Summary - AeroVironment, Inc. (NASDAQ:AVAV) decreased by 19.45% due to a stop work order from the US government on the SCAR program [1] - DraftKings Inc. (NASDAQ:DKNG) fell by 14.4% after a judge allowed Massachusetts to block Kalshi from offering sports-related contracts [2] - Constellation Energy Corporation (NASDAQ:CEG) decreased by 10.38% with Wells Fargo analyst lowering the price forecast from $478 to $460 while maintaining an Overweight rating [3] - Applovin Corporation (NASDAQ:APP) fell by 14.68% following concerns raised in a CapitalWatch report [3] - Abbott Laboratories (NYSE:ABT) slumped by 12.23% after reporting worse-than-expected fourth-quarter sales and issuing first-quarter adjusted EPS guidance below estimates [4] - Flutter Entertainment plc (NYSE:FLUT) fell by 13.07% with multiple analysts lowering their price forecast [4] - Shopify Inc. (NASDAQ:SHOP) decreased by 13.51% [4] - Talen Energy Corporation (NASDAQ:TLN) slumped by 6.05% while Wells Fargo analyst raised the price forecast from $445 to $506, maintaining an Overweight rating [5]
Morgan Stanley Lowers Wipro Limited (WIT) Target, Cites Sluggish Exit Rate
Yahoo Finance· 2026-01-24 10:48
Wipro Limited (NYSE:WIT) is among the overlooked penny stocks to invest in. On January 19, Morgan Stanley downgraded Wipro Limited (NYSE:WIT) to Underweight from Equalweight, and trimmed the price target from INR270 to INR242. The firm attributes this pessimism to the company’s growth trajectory, saying that fourth-quarter guidance reflects a flattish exit rate in organic terms. Thus, the company will need a significant improvement in consecutive quarterly growth rates to meaningfully enhance its performan ...
Wipro CEO sees growing demand for India's IT services from AI
Reuters· 2026-01-20 22:23
Core Insights - The article highlights the increasing role of artificial intelligence in driving technology deals among Indian software services providers as they transition from AI test deployments to larger projects [1] Group 1: Industry Trends - Indian software services companies are actively competing for technology deals that are increasingly centered around artificial intelligence [1] - The shift from pilot projects to substantial AI implementations indicates a growing confidence in AI technologies among businesses [1] Group 2: Company Perspectives - Wipro's CEO, Srini Pallia, emphasizes the importance of AI in the company's strategy and its potential to unlock new business opportunities [1]
Wipro Stock: Consider Above-Consensus Earnings And Muted Prospects (NYSE:WIT)
Seeking Alpha· 2026-01-20 04:49
Asia Value & Moat Stocks is a research service for value investors seeking Asia-listed stocks with a huge gap between price and intrinsic value, leaning towards deep value balance sheet bargains (i.e. buying assets at a discount e.g. net cash stocks, net-nets, low P/B stocks, sum-of-the-parts discounts) and wide moat stocks (i.e. buying earnings power at a discount in great companies like "Magic Formula" stocks, high-quality businesses, hidden champions and wide moat compounders). Sign up here to get starte ...
Wipro: Consider Above-Consensus Earnings And Muted Prospects
Seeking Alpha· 2026-01-20 04:49
Core Insights - The article emphasizes the focus on value investing in Asia, particularly targeting stocks with significant discrepancies between market price and intrinsic value, including deep value balance sheet bargains and wide moat stocks [1] Group 1: Investment Strategy - The research service aims to identify Asia-listed stocks that are undervalued, specifically looking for deep value balance sheet bargains such as net cash stocks and low price-to-book (P/B) ratio stocks [1] - The service also targets wide moat stocks, which are characterized by strong competitive advantages and the ability to generate earnings power at a discount [1] Group 2: Market Focus - The primary focus is on the Hong Kong market, where the analyst has over a decade of experience in both buy and sell-side roles [1] - The investment group provides monthly updates and watch lists to assist value investors in identifying potential investment opportunities [1]
Quote of the Day by ex Wipro CEO Azim Premji: 'If people are not laughing at your goals, your goals are too small'
The Economic Times· 2026-01-19 04:55
But things changed in 1977 when he renamed the company and shifted the focus towards the emerging computer hardware and software sectors, which proved crucial. Azim Premji's bold move help Wipro carved a niche for itself in custom software solutions, especially for the US market By the late 1990s, the company’s value skyrocketed, making Premji one of the wealthiest entrepreneurs across the world.Known for his profound commitment to philanthropy, Azim Premji founded the Azim Premji Foundation, which concent ...
Wipro Limited (WIT) Q3 2026 Press Conference Call Transcript
Seeking Alpha· 2026-01-16 19:55
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