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Investec has reiterated its Sell rating on Wipro, maintaining a target price of ₹290, as the company continues to navigate challenges around capital allocation and shareholder payouts.
“Organizations today face the challenge of managing dispersed cybersecurity technologies," said Saugat Sindhu, Global Head, Advisory Services, Cybersecurity and Risk Services, Wipro Limited.
Nuvama Institutional Equities has upgraded Wipro to ‘Buy’ from ‘Hold,’ increasing the target price to ₹700 from ₹520
Omkar, who has been with Wipro since 2012, is well-regarded for his leadership in driving digital transformation for clients, particularly in the banking sector across EMEA (Europe, the Middle East, and Africa).
As part of this collaboration, Wipro Ventures, Wipro’s corporate investment arm, has invested in Lineaje. Together, the two companies will offer enterprises advanced tools and services to identify and neutralize vulnerabilities in software supply chains, leveraging Lineaje’s Open-Source Manager and SBOM360 Hub.
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