English
Specials
    Upgrade
    MoneycontrolBe a PRO
    Moneycontrol PRO
    you are here: HomeNewsBusinessMoneycontrol Research

    Wipro: Can investors bet on the new CEO’s turnaround plan?

    Wipro’s intentions may be good, but investors will keenly await successful execution

    Madhuchanda Dey
    July 15, 2020 / 08:15 PM IST
    Wipro: Can investors bet on the new CEO’s turnaround plan?

    PRO Only Highlights
    -      Quarterly performance largely backed by improved realisations
    -      Medium-term triggers China plus and protectionist measures for tyre industry
    -      Valuations not inexpensive; but improved medium-term outlook

    Wipro (CMP: Rs 225, Market Cap: Rs 128,603 crore) has been an underperformer in the large cap IT pack for a long time, with sluggish revenue performance despite numerous restructuring exercises to reverse its fortunes. The entry of a new expat CEO assumes significance in this context, especially at a time when the world is facing unprecedented challenges and looking up to technology to navigate through the murky waters. Can he seize the opportunity and put Wipro on a...

    • PRO Panorama

      Moneycontrol Pro Panorama | Inflation, recession, banking crises, what’s next?  

      Mar 23, 2023 / 02:21 PM IST

      In today’s edition of Moneycontrol Pro Panorama: Indian markets' soar but not revenue, 2023 will likely be the year of layoffs, ...

      Read Now
    • PRO Weekender

      Moneycontrol Pro Weekender: Between the Fed and a hard place

      Mar 11, 2023 / 11:38 AM IST

      The Fed is caught between combating inflation and worries over a financial mishap

      Read Now

    To read the full story, Subscribe to Moneycontrol PRO

    Access the exclusive stories, weekly investment ideas and daily technical calls in an Ad free experience

    View Plans

    Already a member? Sign in

    Limited Period offer on Moneycontrol PRO. Subscribe to PRO and get up to

    50% OFF

    What Do You Get

    • Ad free experience

      Experience a non-intrusive navigation and faster response in the ad free mode

    • Sharpest Opinions

      Access to 230+ exclusive stories per month from our editorial and Experts

    • +

      Have a Global edge with access to content from world renowned experts and journalist

    • Actionable Insights

      Access to 40+ weekly investment ideas including 4 daily technical calls

    • Virtual Events

      Exclusive access to live webinars from market experts on trading and investment strategies

    • Newsletters

      Daily and weekly insights bundled and sent to your inbox to keep you ahead in the race.

    View Offers

    Get upto 50% discount on limited period offers