Latest news with #WiproLtd
Business Standard
7 hours ago
- Business
- Business Standard
Wipro Ltd spurts 1.61%, gains for five straight sessions
Wipro Ltd is quoting at Rs 255.33, up 1.61% on the day as on 12:44 IST on the NSE. The stock is up 7.27% in last one year as compared to a 8.04% gain in NIFTY and a 11.21% gain in the Nifty IT. Wipro Ltd rose for a fifth straight session today. The stock is quoting at Rs 255.33, up 1.61% on the day as on 12:44 IST on the NSE. The benchmark NIFTY is up around 0.13% on the day, quoting at 25136.5. The Sensex is at 82493.19, up 0.06%. Wipro Ltd has dropped around 0.76% in last one month. Meanwhile, Nifty IT index of which Wipro Ltd is a constituent, has dropped around 0.31% in last one month and is currently quoting at 37669.2, up 1.95% on the day. The volume in the stock stood at 73.39 lakh shares today, compared to the daily average of 87.18 lakh shares in last one month. The benchmark June futures contract for the stock is quoting at Rs 255.51, up 1.14% on the day. Wipro Ltd is up 7.27% in last one year as compared to a 8.04% gain in NIFTY and a 11.21% gain in the Nifty IT index. The PE of the stock is 24.4 based on TTM earnings ending March 25.
Time of India
28-05-2025
- Business
- Time of India
Stock Radar: Wipro takes support above 200-EMA; stock showing signs of bottoming out after 20% fall from highs
Wipro Ltd is showing signs of recovery after a 22% drop from its January 2025 high, finding support above its 200-week exponential moving average. Technical analysts suggest short-term traders consider buying on dips, targeting Rs 265 in the coming weeks. The stock has rebounded from a key Fibonacci retracement level, indicating a potential continuation of the uptrend. Wipro Ltd, part of the IT industry, bounced back after taking support above 200-exponential moving average on the weekly charts which suggests that the stock is showing signs of bottoming after over 20% drop from traders with a high-risk profile can look to buy the stock on dips for a target of Rs 265 in the next few weeks, suggest IT stocks hit a high of Rs 324 on 23rd January 2025, but it failed to hold the
Economic Times
27-05-2025
- Business
- Economic Times
Stock Radar: Wipro takes support above 200-EMA; stock showing signs of bottoming out after 20% fall from highs
Wipro Ltd, part of the IT industry, bounced back after taking support above 200-exponential moving average on the weekly charts which suggests that the stock is showing signs of bottoming after over 20% drop from traders with a high-risk profile can look to buy the stock on dips for a target of Rs 265 in the next few weeks, suggest IT stocks hit a high of Rs 324 on 23rd January 2025, but it failed to hold the
United News of India
24-05-2025
- Business
- United News of India
Wipro CEO earned more than Premji in FY25
Bengaluru, May 24 (UNI) Wipro Ltd has revealed that Chief Executive Officer and Managing Director Srinivas Pallia earned nearly four times more than Executive Chairman Rishad A Premji in the financial year 2024-25, with a total annual compensation of USD 6.28 million, compared to Premji's USD 1.61 million. According to the company's disclosure, Pallia received USD 1.70 million each as salary and variable pay, over USD 2.80 million under other components, and USD 68,850 in long-term deferred benefits, including stock units. Premji, on the other hand, drew USD 707,521 in salary, USD 824,233 as variable pay, and USD 77,123 in deferred benefits. Both executives are entitled to a commission of 0.35 per cent on the company's incremental consolidated net profits over the previous fiscal. The executive compensation structure at Wipro includes a fixed base salary and a variable performance-linked incentive under the Variable Pay Scheme, which applies across all levels. Long-term incentives such as time-based Restricted Stock Units (RSUs) and performance-based Stock Units (PSUs) are also granted, typically vesting over multiple years. Chief Financial Officer Aparna C. Iyer's total compensation stood at USD 846,735 for the year, which includes USD 219,943 in salary, USD 136,770 in variable pay, and USD 450,371 under other components. The company clarified that deferred benefits consist of contributions to Provident Fund, Pension Fund, and other statutory social security schemes, and are based on accumulated balances rather than final pay. Wipro further stated that no stock options were granted to Rishad Premji in FY25. Former CEO Thierry Delaporte, who stepped down on April 6, 2024, and was formally relieved on May 31, 2024, had his compensation for the transition period disclosed in the company's earlier filing. UNI BDN BM
Deccan Herald
23-05-2025
- Business
- Deccan Herald
Rishad Premji's pay doubles; still no match to that of Wipro CEO
Bengaluru: Wipro Ltd Executive Chairperson Rishad Premji's remuneration more than doubled to $1.6 million, however was much lesser than company Chief Executive Officer (CEO) Srinivas Pallia's earnings of $6.2 million in the financial year 2025 (FY25), according to the company's latest annual report. Pallia was appointed the CEO last year in April after Thierry Delaporte's Thierry Delaporte's compensation was much higher than Pallia's in FY25. Delaporte's FY24 salary was $20 million, one of the highest paid CEOs in India's IT industry. .Goldman Sachs' Sandeep Dhar to helm Wipro's GCC Premji and Srinivas Pallia are also entitled to a commission at the rate of 0.35% on incremental consolidated net profits of the company over the previous fiscal FY24, Premji had voluntarily taken a 20% pay cut and foregone his commission due to a dip in consolidated profits. He earned a total of $769,456 million that year. The turnaround in FY25 — driven by an 18.9% rise in net profit to Rs 13,135.4 crore allowed him to collect a higher payout, although he received no stock options for the year.
