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Blue Chip Growth

Stock Report: Wipro Limited Sponsored ADR (WIT) Report Updated: Aug 25, 2014 | Print This Page

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Wipro Limited Sponsored ADR (WIT)

Rating: Buy Volatility: Conservative
Total Grade: B Industry: IT Services
Competitors: LXFT, CRTN, UBIC, HPY
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Wipro Limited Sponsored ADR© quotemedia

Company Profile

Wipro Limited provides information technology (IT) products and services, and consumer care and lighting products primarily in India, the United States, and Europe. The company operates in four segments: IT Services, IT Products, Consumer Care and Lighting, and Other. The IT Services segment provides IT and IT enabled services, including software application development, application maintenance, research and development services for hardware and software design, data center outsourcing services, and business process outsourcing services. Its services include IT consulting, custom application design, development, re-engineering and maintenance, systems integration, package implementation, and technology infrastructure outsourcing. The IT Products segment offers computing, storage, networking, security, and software products. It provides personal desktop computers, servers, and notebooks. This segment also operates as a value added reseller of desktops, servers, notebooks, storage products, networking solutions, and packaged software for various brands. The Consumer Care and Lighting segment manufactures, distributes, and sells deodorants and fragrances, hair care, bath and shower, skin care, and other personal care products; soaps and toiletries; baby care products; lighting products comprise modular switches, incandescent light bulbs, compact fluorescent lamps, and luminaries; hydrogenated cooking oils; and modular furniture office use, such as workstations, storage, and chairs. The Other segment manufactures and sells cylinders and truck hydraulics; distributes hydraulic pumps, motors, and valves; offers water solutions, including treatment solutions and systems for water and waste water; and provides alternatives for energy generation, distribution, and consumption. The company was founded in 1945 and is headquartered in Bangalore, India.

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