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NYSE: WITWipro Ltd (WIT) stock, explained like you're 5
Wipro Ltd trades on the New York Stock Exchange under the ticker WIT. It is a large cap company in the edp services industry, part of the technology sector, with a market value of about 16.8 billion dollars.
- Ticker
- WIT
- Exchange
- New York Stock Exchange
- Sector
- Technology
- Industry
- EDP Services
- Size
- Large cap, about 16.8 billion dollars
Is Wipro Ltd a small, medium or large cap company?
Yes. Wipro Ltd is a large cap stock. Its market cap, which is the total value of all its shares, is about 16.8 billion dollars.
Here is how you can tell. Multiply the share price by the number of shares to get the market cap, then compare it to the usual sizes. Micro cap is under 300 million dollars, small cap is 300 million to 2 billion, mid cap is 2 to 10 billion, large cap is 10 billion and up, and mega cap is over 200 billion. Market caps move every day with the share price, so treat the number as a recent snapshot.
How Wipro Ltd makes money
- Selling software, hardware or cloud services, often as a subscription.
- Charging businesses and consumers for products they use every day.
- Licensing its technology and selling related services.
What moves WIT stock
- How fast sales are growing, especially in cloud and AI.
- New product launches and customer wins.
- Competition, regulation and how much the company spends on research.
In the news lately
- Wipro: Don’t Chase The Bounce The Levers Behind EPS Are Spent (NYSE:WIT) (Seeking Alpha)
- Wipro Limited (WIT) Stock Forecasts (Yahoo Finance)
- $554 million in operating cash equaled 165.8% of Wipro's quarterly profit. (Stock Titan)
- Wipro (NYSE:WIT) Shares Gap Up What's Next? (MarketBeat)
- WIT Stock Grinds Higher As Wipro Lands AI And Cyber Wins (Timothy Sykes)
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Questions about Wipro Ltd stock
What does Wipro Ltd do?
Wipro Ltd trades on the New York Stock Exchange under the ticker WIT. It is a large cap company in the edp services industry, part of the technology sector, with a market value of about 16.8 billion dollars.
What is the ticker symbol for Wipro Ltd?
Wipro Ltd trades under the ticker WIT on the New York Stock Exchange.
What is Wipro Ltd's market cap?
Wipro Ltd is a large cap stock with a market cap of about 16.8 billion dollars.
How does Wipro Ltd make money?
Selling software, hardware or cloud services, often as a subscription. Charging businesses and consumers for products they use every day. Licensing its technology and selling related services.
What moves WIT stock?
How fast sales are growing, especially in cloud and AI. New product launches and customer wins. Competition, regulation and how much the company spends on research.
How can I follow WIT stock every day?
Add WIT to your watchlist on Metric Finance. We post a free brief every trading day at 5 PM ET that explains what happened to the stocks you follow, in simple words.
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Educational information, not financial advice. This guide explains the business in general terms and does not include live prices.
