Wipro

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Open: 5.66 Close: 5.64 Change: -0.02

How to get information about Wipro without reading the whole internet.

This document will help you to evaluate Wipro without reading an infinite amount of sources. Relying only on stock quotes or prices to make investment decisions is a mistake. Analyzing and observing stock charts, highs and lows and other numerical data does not allow to evaluate the real value of a company. Stock quotes and prices are the result of underlying characteristics of a company and of events and news happening around them. For this reason, investing must be based on information, not numbers. As a solution, we programmed an artificial intelligence that reads the whole internet and the uses natural language processing and vectorizers to summarize the information. Usually, the AI reads several hundred pages and summarize it to a short document. This document presents our results. We found that the most common words in the internet about Wipro are: Wipro, margin, midlevel, company, Wipros, improve, hundred, and the …

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Stock Summary

Wipro Limited operates as an information technology (IT) consulting, and business process services company worldwide. It operates through three segments: IT Services, IT Products, and India State Run Enterprise Services. The IT Services segment offers IT and.

Today's Summary

IT giant Wipro is reportedly in the process of cutting ‘hundreds’ of mid-level roles onsite in an effort to boost its margins. The company currently maintains the lowest profit margins among the top four IT services companies listed. TheStreet raised shares of WIPro from a “c+” rating.

Today's News

Wipro Ltd (WIT) stock has gained 1.5% while the S&P 500 is lower by -0.84% as of 10:58 AM on Wednesday, Jan 31. Wipros decision to reduce its mid-level workforce is a response to the growing pressure to improve margins in a competitive market. Wipro Limited has an average rating of “Reduce” and an average target price of $4.82. TheStreet raised shares of WIPro from a “c+” rating. IT giant Wipro is on the verge of firing hundreds of their mid-level employees to improve the profit margin of the company. The company currently maintains the lowest profit margins among the top four IT services companies listed. Wipro is reportedly in the process of cutting “hundreds” of mid-level roles onsite in an effort to boost its margins. The move comes as Wipros faces challenges with expensive resources onsite. Wipro is gearing up to onboard BE, BTech, MCA, BCA, and BA candidates through Wippro Off Campus job openings for 2024. The company is offering positions for the role of Quality Assurance Analyst. Wipro is in the process of cutting ‘hundreds of mid-level roles onsite as it attempts to improve its margins. For the December quarter, its margin came in at 16 percent. Join the Wipro AI Accelerator Program and become part of the AI revolution. Apply now and get ready to accelerate your growth and innovation with Wipros. Join us at MWC Barcelona 2024 and witness the incredible advancements in 5G, AI and edge computing.

Stock Profile

"Wipro Limited operates as an information technology (IT), consulting, and business process services company worldwide. It operates through three segments: IT Services, IT Products, and India State Run Enterprise Services (ISRE). The IT Services segment offers IT and IT-enabled services, including digital strategy advisory, customer-centric design, technology and IT consulting, custom application design, development, re-engineering and maintenance, systems integration, package implementation, cloud and infrastructure, business process, cloud, mobility and analytics, research and development, and hardware and software design services to enterprises. It serves customers in various industry sectors, such as healthcare and medical devices, consumer goods and life sciences, retail, transportation and services, communications, media and information services, technology products and platforms, banking, financial services and insurance, manufacturing, hi-tech, energy, and utilities. The IT Products segment provides a range of third-party IT products comprising enterprise platforms, networking solutions, software and data storage products, contact center infrastructure, enterprise security, IT optimization technologies, video solutions, and end-user computing solutions. It serves enterprises in various industries primarily in the Indian market, which comprise the government, defense, IT and IT-enabled services, telecommunications, manufacturing, utilities, education, and financial services sectors. The ISRE segment offers IT services to entities and departments owned or controlled by the Government of India and/or various Indian State Governments. It also provides cybersecurity consulting services. The company was incorporated in 1945 and is based in Bengaluru, India."

Keywords

How much time have you spent trying to decide whether investing in Wipro? Many investors start with the dream of being free. They expect to find on the stock market an option to have time to develop their own interests and hobbies. That is, a way to escape a 9 to 5 job. However, investment is complex and investors end up spending whole days (and nights) trying to figure out which the right stock to invest is. The dream of stock investing becomes the nightmare of facing infinity amounts of information. As a solution, we programmed an artificial intelligence that reads the whole internet and the uses natural language processing and vectorizers to summarize the information. Usually, the AI reads several hundred pages and summarize it to a short document. This document presents our results. We found that the most common words in the internet about Wipro are: Wipro, margin, midlevel, company, Wipros, improve, hundred, and the most common words in the summary are: wipro, job, stock, news, best, service, business, . One of the sentences in the summary was: IT giant Wipro is reportedly in the process of cutting ‘hundreds’ of mid-level roles onsite in an effort to boost its margins. Other searches related to this term that the AI found were: stockmarketlive, livestock, stockmarketforbeginners, thestockmarket, stockmarkettoday, stockmarkettrading, stockmarketstocks, todaystockmarket, thestockmarket, marketnews, stockmarketnews, whatisstockmarket, usstockmarket, stockmarketopen. #wipro #job #stock #news #best #service #business.

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