WiproWIT
About: Wipro is a leading global IT services provider, with 175,000 employees. Based in Bengaluru, this India IT services firm leverages its offshore outsourcing model to derive over half of its revenue (57%) from North America. The company offers traditional IT services offerings: consulting, managed services, and cloud infrastructure services as well as business process outsourcing as a service.
Employees: 230,000
Fund manager confidence
Based on 2024 Q3 regulatory filings by fund managers ($100M+ AUM)
100% more funds holding in top 10
Funds holding in top 10: 1 [Q2] → 2 (+1) [Q3]
100% more call options, than puts
Call options by funds: $6K | Put options by funds: $3K
65% more first-time investments, than exits
New positions opened: 28 | Existing positions closed: 17
33% more repeat investments, than reductions
Existing positions increased: 89 | Existing positions reduced: 67
5% more funds holding
Funds holding: 213 [Q2] → 224 (+11) [Q3]
0.48% less ownership
Funds ownership: 3.34% [Q2] → 2.86% (-0.48%) [Q3]
72% less capital invested
Capital invested by funds: $3.5B [Q2] → $968M (-$2.54B) [Q3]
Research analyst outlook
We haven’t received any recent analyst ratings for WIT.
Financial journalist opinion
Based on 4 articles about WIT published over the past 30 days
