Wipro is an information technology, consulting and business process services company. Co.'s range of services includes digital strategy, customer-centric design, consulting, infrastructure services, business process services, research and development, cloud, mobility and analytics and product engineering. Co. provides its customers a variety of commercial models including fixed price, capacity based, and outcome based models. Co. provides all of these services and models globally by using its proprietary products, platforms, partnerships and solutions, including automation technologies such as its proprietary cognitive intelligence tool, Wipro HOLMES Artificial Intelligence Platform™ . We show 1 historical shares outstanding datapoints in our WIT shares outstanding history coverage, used to compute WIT market cap on those dates.
Understanding the changing numbers of shares outstanding, the changing
share price, and the resulting changing WIT market cap history over the course of time is important for investors
interested in comparing WIT's market cap history versus its peers.
Many "beginner" or "novice" investors will look at one stock trading at a price of $10 per share and another trading at
a price of $20 per share and think the latter company is worth twice as much. Of course, that is a completely meaningless comparison without also knowing how many shares outstanding there are for each of the two companies,
and then calculating their respective market caps. Comparing the share price of WIT versus a peer is one thing; comparing
WIT market cap versus a peer is a completely different story.
Furthermore, via fluctuation both in per-share price and in the number of shares outstanding (via issuance of new shares over time, the repurchase of existing shares),
the market cap for a company like WIT can fluctuate over the course of history.
With this page we aim to empower investors researching WIT by allowing them to research the WIT market cap history. |
Video: The Importance of Market Cap
