Wipro traded at 182.14 this Monday October 19th, decreasing 2.26 or 1.23 percent since the previous trading session. Looking back, over the last four weeks, Wipro lost 10.69 percent. Over the last 12 months, its price fell by 24.50 percent. Looking ahead, we forecast Wipro to be priced at 180.16 by the end of this quarter and at 168.01 in one year, according to Trading Economics global macro models projections and analysts expectations.
Wipro Limited (Wipro) is a global information technology (IT), consulting and business services provider. It operates through two segments: IT Services and IT Products. The Company's IT Services business provides a range of IT and IT-enabled services, which include digital strategy advisory, customer centric design, technology consulting, IT consulting, custom application design, development, re-engineering and maintenance, systems integration, package implementation, global infrastructure services, analytics services, business process services, research and development and hardware and software design. The IT Products segment provides a range of third-party IT products, which allows it to offer IT system integration services. Its products include computing, Platforms and Storage, Networking Solutions, Enterprise Information Security, and software products, including databases and operating systems. It is a reseller of third-party enterprise products through its direct sales force.