Wipro stock reflects 16.50 percent operating margin in second quarter
Published on 10/16/2026 at 16:10 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWSQuarterly margin supports valuation
- Wipro reported a 16.50 percent operating margin for the second quarter on October 15, 2026.
- Wipro closed USD 2.60 billion in total contract value during the second quarter.
- Wipro stock costs EUR 1.72 at Lang & Schwarz on October 16, 2026 at 4:00 p.m. CEST, with the Nasdaq listing up 3.48 percent versus its prior close.
- Wipro carries a P/E ratio of 14.49 as of October 16, 2026.
Wipro's second-quarter operating margin reached 16.50 percent, an increase of 0.50 percentage points from the previous quarter, according to Wipro on October 15, 2026. At Lang & Schwarz, Wipro stock was trading at EUR 1.72 on October 16, 2026 at 4:00 p.m. CEST; its Nasdaq listing was up 3.48 percent versus the USD 1.87 prior close of October 15, 2026.
Contracts reached USD 2.60 billion
Wipro closed USD 2.60 billion in total contract value during the second quarter and signed nine large deals, the company said in its October 15, 2026 earnings transcript. IT services revenue stood at USD 2.61 billion, flat sequentially and up 0.60 percent year over year in constant-currency terms.
The margin improvement gives the results a more constructive operating angle than revenue alone. Wipro also guided third-quarter IT services revenue to USD 2.571 billion to USD 2.625 billion, equivalent to sequential constant-currency growth of minus 1.50 percent to plus 0.50 percent, according to Wipro.
Stock stays below its yearly high
The Nasdaq-listed American depositary share traded at USD 1.94 at 10:05 a.m. EDT on October 16, 2026. The 52-week range was USD 1.59 to USD 3.09, while volume reached 2,128,133 shares against an average of 8,354,698. The Lang & Schwarz quote showed a bid of EUR 1.69 and an ask of EUR 1.74 at 4:00 p.m. CEST.
Valuation and peer comparison
Wipro's market capitalization was USD 19.1 billion and its P/E ratio was 14.49 as of October 16, 2026. The company operates in information technology services and provides consulting, cloud, cybersecurity, analytics, artificial intelligence and business-process services.
Comparison with peers
WIT (NYSE, USD): plus 3.48 percent, P/E 14.49, market capitalization USD 19.1 billion
Infosys (NYSE, USD): plus 0.25 percent, P/E 15.69, market capitalization USD 49.3 billion
Cognizant Technology Solutions (Nasdaq, USD): minus 0.67 percent, P/E 14.07, market capitalization USD 29.4 billion
Trading levels at Lang & Schwarz
For investors, the key balance is visible in the 16.50 percent quarterly margin and the negative-to-positive revenue guidance range for the next quarter. The stock's current euro quote remains separate from the Nasdaq listing and its USD-based daily comparison.
The further course of trading is shown by the continuously updated real-time quote of Wipro stock.
Wipro market details
- Company: Wipro Limited
- ISIN: US97651M1099
- Ticker: WIT
- Primary exchange: NYSE
- Price Lang & Schwarz (as of October 16, 2026, 4:00 p.m. CEST): EUR 1.72
- Change on Nasdaq versus prior close: plus 3.48 percent
- Market capitalization: USD 19.1 billion (as of October 16, 2026)
- 52-week range: USD 1.59-3.09 (as of October 16, 2026)
- Sector / Industry: Technology / Information Technology Services
Market context: Market report S&P 500.
