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4-Traders Homepage  >  Equities  >  NATIONAL STOCK EXCHANGE OF INDIA  >  Wipro Limited    WIPRO   INE075A01022

End-of-day quote. End-of-day quote  - 06/29
260 INR   +0.44%
12:42p 50 PER CENT STA : Wipro
12:23p LOCALS FORM OVE : Wipro
12:23p Accenture`s $1.8-bn acquisition plan to act as lesson for IT firm..
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Wipro Limited : Wipro To Buy Australia's Promax Applications For A$35 Million

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04/30/2012 | 04:15pm CEST

India's Wipro Ltd. (507685.BY) Monday said it has agreed to buy Australia's Promax Applications Group for A$35 million ($36.46 million) to help tap the market for analyzing customer data for trade promotions.

"The acquisition of Promax Applications Group will strengthen Wipro's positioning and capability in management, analytics and optimization of trade promotions," K.R. Sanjiv, senior vice president and global head of the analytics and information management division at Wipro, said in a press release.

The deal, subject to closing conditions and regulatory approvals, will be completed in the current quarter, Wipro said.

The new entity will be called Wipro Promax Analytics Solutions Pty Ltd., the company added.

-By Kenan Machado, Dow Jones Newswires; +91 22 6145 6107; [email protected]

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Financials ( INR)
Sales 2018 561 807 M
EBIT 2018 91 945 M
Net income 2018 86 205 M
Finance 2018 233 077 M
Yield 2018 2,42%
P/E ratio 2018 14,57
P/E ratio 2019 13,39
EV / Sales 2018 1,81x
EV / Sales 2019 1,64x
Capitalization 1 250 318 M
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Mean consensus HOLD
Number of Analysts 47
Average target price 242  INR
Spread / Average Target -6,4%
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Managers
NameTitle
Abidali Z. Neemuchwala Chief Executive Officer & Executive Director
B. M. Bhanumurthy President & Chief Operating Officer
Jatin Pravinchandra Dalal Chief Financial Officer
K. R. Sanjiv Chief Technology Officer
Raja Ukil Chief Information Officer & Senior Vice president
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Sector and Competitors
1st jan.Capitalization (M$)
WIPRO LIMITED7.90%19 399
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AUTOMATIC DATA PROCESS..-0.10%45 940
NETEASE47.41%41 785
COGNIZANT TECHNOLOGY S..19.63%39 480
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