Analysts' Recommendation: Buy 30 Days Ago: Buy target price: 16.00 BusinessWeek Rankings IT 100 IT 100 2007 #49 2006 #57 Asia's BusinessWeek 50 Asia's BusinessWeek 50 2006 #41 Wipro Limited, together with its subsidiaries, provides information technology (IT) services and products, and consumer care and lighting products worldwide. The company’s Global IT Services and Products segment offers IT consulting, custom application design, development, re-engineering and maintenance, systems integration, enterprise application, business intelligence and data warehousing, package implementation, technology infrastructure outsourcing, offshore testing, technology infrastructure support, hardware design and development, engineering design, and research and development services in the areas of hardware and software design for the energy and utilities, retail, financial services, technology, media and entertainment, and healthcare sectors. It also provides business process outsourcing services, including customer interaction services, finance and accounting services, and process improvement services for repetitive processes. Its India and Asia Pac IT Services and Products segment offers technology products, such as personal desktop computers, servers, notebooks, storage products, networking solutions, and packaged software; technology integration, IT management, and infrastructure outsourcing services; custom application development, application integration, package implementation, and maintenance services; and consulting services. This segment provides its products and services to the manufacturing, banking, financial services and insurance, government, IT and IT-enabled services, telecommunications, and education sectors. The company’s Consumer Care and Lighting segment manufactures, distributes, and sells hydrogenated cooking oil, soaps and toiletries, wellness products, light bulbs and fluorescent tubes, lighting accessories, infant care products, and office furniture, as well as deodorants and fragrances, hair care, bath and shower, skin care, and other personal care products. Wipro was founded in 1945 and is headquartered in Bangalore, India.
$10.96 (07/12/08)
