U.S. Firms Look to Public Clouds for AI Scale, Intelligence

WIT Stock  USD 3.51  0.05  1.45%   
Slightly above 57% of all Wipro Limited's private investors are looking to take a long position. The analysis of overall sentiment of trading Wipro Limited ADR stock suggests that some investors are interested at this time. Wipro Limited's investing sentiment can be driven by a variety of factors including economic data, Wipro Limited's earnings reports, geopolitical events, and overall market trends.
  
Enterprise adoption of AI technologies is the main driver of growing U.S. demand for public cloud services over the past year, ISG says.

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Wipro Limited Investor Sentiment by Other News Outlets

Investor sentiment, mood or attitude towards Wipro Limited can have a significant impact on its stock price or the market as a whole. This sentiment can be positive or negative, and various factors, such as economic indicators, news events, or market trends, can influence it. When investor sentiment is positive, investors are more likely to buy stocks, increasing demand and increasing the stock price. Positive investor sentiment can be driven by good news about the company or the broader market, such as solid earnings reports or positive economic data.
Note that negative investor sentiment can cause investors to sell stocks, leading to a decrease in demand and a drop in the stock price. Negative sentiment can be driven by factors such as poor earnings reports, negative news about the company or industry, or broader economic concerns. It's important to note that investor sentiment is just one of many factors that can affect stock prices. Other factors, such as company performance, industry trends, and global economic conditions, can also play a significant role in determining the value of a stock.

Wipro Limited Fundamental Analysis

We analyze Wipro Limited's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of Wipro Limited using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of Wipro Limited based on its fundamental data. In general, a quantitative approach, as applied to this company, focuses on analyzing financial statements comparatively, whereas a qaualitative method uses data that is important to a company's growth but cannot be measured and presented in a numerical way.

Book Value Per Share

Book Value Per Share Comparative Analysis

Wipro Limited is currently under evaluation in book value per share category among its peers. Book Value per Share (B/S) can be calculated by subtracting liabilities from assets, and then dividing it by the total number of currently outstanding shares. It indicates the level of safety associated with each common share after removing the effects of liabilities. In other words, a shareholder can use this ratio to see how much he or she can sell the stake in the company in the event of a liquidation.

Wipro Limited ADR Potential Pair-trading

One of the popular trading techniques among algorithmic traders is to use market-neutral strategies where every trade hedges away some risk. Because there are two separate transactions required, even if one position performs unexpectedly, the other equity can make up some of the losses. Below are some of the equities that can be combined with Wipro Limited stock to make a market-neutral strategy. Peer analysis of Wipro Limited could also be used in its relative valuation, which is a method of valuing Wipro Limited by comparing valuation metrics with similar companies.

Peers

Wipro Limited Related Equities

TASKTaskus   3.73   
0%
99.0%
EXLSExlService Holdings   2.61   
0%
69.0%
GGenpact   1.47   
0%
39.0%
BRBroadridge Financial   1.40   
0%
37.0%
ITGartner   0.81   
0%
21.0%
INFYInfosys   0.75   
0%
20.0%
FISVFiserv   0.69   
0%
18.0%
ASGNASGN   0.67   
0%
17.0%
CTSHCognizant Technology   0.53   
0%
14.0%
CACICACI International   0.47   
0%
12.0%
ACNAccenture Plc   0.38   
0%
10.0%
CDWCDW Corp   0.20   
0%
5.0%
WNSWNS Holdings   2.56   
68.0%
0%
TTECTTEC Holdings   3.75   
100.0%
0%

Additional Tools for Wipro Stock Analysis

When running Wipro Limited's price analysis, check to measure Wipro Limited's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Wipro Limited is operating at the current time. Most of Wipro Limited's value examination focuses on studying past and present price action to predict the probability of Wipro Limited's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Wipro Limited's price. Additionally, you may evaluate how the addition of Wipro Limited to your portfolios can decrease your overall portfolio volatility.