India stocks lower at close of trade Nifty 50 down 0.13

WIT Stock  USD 6.99  0.04  0.57%   
Slightly above 55% of Wipro Limited's investor base is interested to short. The analysis of overall sentiment of trading Wipro Limited ADR stock suggests that many investors are impartial 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.
  
India stocks lower at close of trade Nifty 50 down 0.13

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Wipro Limited ADR Current Investor Sentiment

Panic Vs Confidence

45

 
Panic
 
Confidence
Today, several news technology companies offer sentiment data to assist traders in manufacturing news sentiment indicators for investment decisions. We partner with these technology firms in helping retail investors build forecasting models that use Wipro Limited's input sentiment indicators derived from textual data and news published on major financial information outlets and social sites. These indicators can be used to analyze time-dependent numerical information representing public perception toward Wipro Limited ADR.

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.

Current Asset

Current Asset Comparative Analysis

Wipro Limited is currently under evaluation in current asset category among its peers. Current Asset is all of the company's assets that can be used to pay off current liabilities within the current fiscal period or over the next 12 months. Current Asset includes cash or cash equivalents, accounts receivable, short-term investments, and the portion of prepaid liabilities which will be paid within the next 12 months. Because these assets are easily turned into cash, they are sometimes referred to as liquid assets.

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

WNSWNS Holdings   1.46   
0%
49.0%
TTECTTEC Holdings   0.78   
0%
26.0%
ASGNASGN   0.63   
0%
21.0%
BRBroadridge Financial   0.09   
0%
3.0%
ACNAccenture Plc   0.06   
0%
1.0%
CACICACI International   0.09   
3.0%
0%
ITGartner   0.25   
8.0%
0%
CTSHCognizant Technology   0.32   
10.0%
0%
CDWCDW Corp   0.46   
15.0%
0%
EXLSExlService Holdings   0.49   
16.0%
0%
GGenpact   0.71   
24.0%
0%
TASKTaskus   2.20   
74.0%
0%
INFYInfosys   2.95   
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.