Wipro Ltd ADR
WIT: XNYS (USA)
| Morningstar Rating for Stocks | Fair Value | Economic Moat | Capital Allocation |
|---|---|---|---|
| LOCK|$hk | LOCK|wM | LOCK|?$%jZb^ |
Wipro Earnings: Turnaround Frictions Show Challenges From a Volatile Operating Environment
Wipro's fourth-quarter revenue grew 8% year over year to INR 242 billion, benefiting from the Indian rupee's weakness. The company's full-year operating margin expansion of 20 basis points was healthy, but its fourth-quarter operating margin contraction over last year missed our expectations.
