Wipro

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Are you still looking for information about Wipro Stock? An AI summarized it for you.

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, IT, …

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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

Wipro Ltd. (WIPR.NS) dropped to a three-month low and weighed on other Indian IT companies. The company continued to win large and strategic deals across industries. CEO Thierry Delaporte flagged the prevailing uncertainty in business.

Today's News

Wipro Limited (NYSE: WIT, BSE: 507685, NSE: WIPRO) announced financial results under International Financial Reporting Standards (IFRS) for the quarter-ended September 30, 2023. The company continued to win large and strategic deals across industries. Wipro Ltd. (WIPR.NS) dropped to a three-month low and weighed on other Indian IT companies on Thursday after the countrys fourth-largest IT services provider forecast the slide in IT services revenue would get worse this quarter. The 30-share BSE Sensex fell. Wipro, Indias fourth-largest software services firm, made the comments as it reported decelerating sales in the fiscal second quarter and net income that missed analysts estimates. Citing cautious clients that are slashing spending, Indian IT services firm is planning to hire fewer engineering. Net profit at Wipro fell 0.5% to 26.46 billion rupees, missing the analysts average estimate of 31.02 billion rupee. Wipros closing employee count fell to 244,707 during the quarter, from 249,758 at the end of last quarter. Wipro, NTPC, Tech Mahindra, TechMahindra and NTPC among the top losers today. disappointing earnings from IT services company dampened sentiment. IT services company Wipro on Wednesday reported an almost flat consolidated net profit at Rs 2,667.3 crore for the September quarter, trailing street expectations. CEO Thierry Delaporte flagged the prevailing uncertainty in business. Wipro WIT is set to give its latest quarterly earnings report on Wednesday, 2023-10-18. The IT services company saw a decline of 5,051 employees compared to the previous quarter. The Board of Directors has given the approval for the merger of five units. Wipro Limited operates as an information technology (IT), consulting, and business process services company worldwide. Millennium Management LLC increased its stake in shares of Wipros by 35.4% in the fourth quarter.

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

Are looking for the most relevant information about Wipro? Investor spend a lot of time searching for information to make investment decisions in Wipro. This task is often burdensome and consumes huge amounts of free time. It also leads to mistakes due to fatigue and bounded rationality. 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, IT, service, quarter, company, fell, report, and the most common words in the summary are: wipro, price, best, stock, share, service, news, . One of the sentences in the summary was: CEO Thierry Delaporte flagged the prevailing uncertainty in business.. 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 #price #best #stock #share #service #news.

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