Wipro Ltd - ADR
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About Wipro Ltd - ADR
Wipro is a multinational IT services provider based in Bengaluru, India. The company pivoted into the IT space in the 1980s and grew into one of the largest Indian IT consulting companies during the dot-com boom. Nowadays, Wipro leverages its offshore outsourcing model to derive a significant portion of its revenue from North America and Europe.
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Wipro Limited (WIT) is an Indian technology services and consulting company headquartered in Bengaluru, India. Founded in 1945, the company provides IT services, consulting, and business process services to enterprises and public-sector organisations worldwide.
Wipro's activities include application development and modernisation, cloud and data services, cybersecurity, engineering, and managed services. The group also operates consulting and specialist subsidiaries, including Capco (financial services), Designit (experience design), Appirio (cloud services), and Topcoder (digital talent platform).
For clients in the Middle East and North Africa, Wipro maintains a regional presence with hubs across Gulf markets, including a Middle East headquarters in Riyadh, supporting local engagement and cross-border delivery, subject to local regulatory requirements.
Wipro Limited is listed on the National Stock Exchange of India and the BSE, and its American Depositary Shares (ADSs) trade on the New York Stock Exchange (NYSE).
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