AllAnalyst Report
logoMorningstarMarch 04, 2021

Wipro Limited: Wipro Plans for Largest Acquisition to Date in Capco for $1.45 Billion; Shares Overvalued

Symbols
WIT
Sector(s)
Technology
Rating
Current Price
$5.47
Fair Value
Economic Moat
Stewardship
Summary

Wipro is a leading global IT services provider, with 175,000 employees. Based in Bengaluru, the Indian IT services firm leverages its offshore outsourcing model to derive over half of its revenue (57%) from North America. The company offers traditional IT services offerings: consulting, manage

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Analyst Profile

Julie Bhusal Sharma

Equity Analyst
Julie Bhusal Sharma is an equity analyst for Morningstar Research Services LLC, a wholly owned subsidiary of Morningstar, Inc. She covers technology, media, and telecommunications companies.Before joining Morningstar in 2017, Bhusal Sharma freelanced for the Chicago Tribune, writing about tech and startups. She also was acting associate editor for Columbus CEO, and her column for that magazine won the Alliance of Area Business Publishers’ national award for “Best Recurring Feature” in 2017.Bhusal Sharma holds a bachelor’s degree in philosophy with a minor in mathematics from Kenyon College.