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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  - 08/18
288.05 INR   -0.07%
08/19 Infy ADR ends lower by over 7%
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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; kenan.machado@dowjones.com

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Latest news on WIPRO LIMITED
08/19 Infy ADR ends lower by over 7%
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Financials ( INR)
Sales 2018 558 378 M
EBIT 2018 91 781 M
Net income 2018 85 095 M
Finance 2018 203 416 M
Yield 2018 2,12%
P/E ratio 2018 16,12
P/E ratio 2019 14,87
EV / Sales 2018 2,13x
EV / Sales 2019 1,97x
Capitalization 1 394 118 M
Chart WIPRO LIMITED
Duration : Period :
Wipro Limited Technical Analysis Chart | WIPRO | INE075A01022 | 4-Traders
Technical analysis trends WIPRO LIMITED
Short TermMid-TermLong Term
TrendsBullishBullishBullish
Income Statement Evolution
Consensus
Sell
Buy
Mean consensus HOLD
Number of Analysts 47
Average target price 252  INR
Spread / Average Target -12%
EPS Revisions
Managers
NameTitle
Abidali Z. Neemuchwala Chief Executive Officer & Executive Director
Govil Saurabh Co-President & Chief Human Resources Officer
B. M. Bhanumurthy Co-President & Chief Operating Officer
Azim Hasham Premji Executive Chairman & Managing Director
Jatin Pravinchandra Dalal Chief Financial Officer & Senior Vice President
Sector and Competitors
1st jan.Capitalization (M$)
WIPRO LIMITED21.08%21 732
INTERNATIONAL BUSINESS MACHINES CORPORATION-15.84%130 192
ACCENTURE8.80%82 168
TATA CONSULTANCY SERVICES LIMITED6.27%75 012
AUTOMATIC DATA PROCESSING1.59%46 397
COGNIZANT TECHNOLOGY SOLUTIONS25.63%41 385