Wipro Limited is a technology services and consulting company. Co. operates through two segments: Information Technology (IT) Services, and IT Products. IT Services segment provides a range of IT and IT enabled services which include digital strategy advisory, customer centric design, technology consulting, IT consulting, custom application design, re-engineering and maintenance, systems integration, package implementation, cloud and infrastructure services, business process services, cloud, mobility and analytics services, research and development and hardware and software design. 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. |
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Video: The Importance of Market Cap
