Wipro Ltd Analyst Rating
based on 41 analysts
19.51%
Buy
21.95%
Hold
58.54%
Sell
Based on 41 analysts offering long term price targets for Wipro Ltd. An average target of ₹528.93
Source: S&P Global Market Intelligence
Wipro Ltd Share analysis
Wipro Ltd price forecast by 41 analysts
Downside of
High
₹670
Target
₹528.93
Low
₹425
Wipro Ltd target price ₹528.93, a slight downside of -7.47% compared to current price of ₹571.65. According to 41 analysts rating.
Excluding Excise Duty and Other Income, represents Net Revenue
Wipro Ltd revenue growth forecast
Expected growth rate Q1, FY2026:5.59%
Forecast
Actual
Including amortisation and stock based compensations
Wipro Ltd EPS growth forecast
EPS estimate Q1, FY2026:19.63%
Forecast
Actual
Source: S&P Global Market Intelligence
Wipro Ltd Performance
Day's Low
Day's High
₹557.9₹573.652 Week's Low
52 Week's High
₹393.1₹583.2
| Returns % | |
| 1 Month Return | + 4.47 % |
| 3 Month Return | + 11.56 % |
| 1 Year Return | + 42.02 % |
| Market Stats | |
| Previous Close | ₹557.15 |
| Open | ₹561.95 |
| Volume | 73.67L |
| Upper Circuit | - |
| Lower Circuit | - |
| Market Cap | ₹2,91,487.20Cr |
Wipro Ltd Key Statistics
| P/E Ratio | 25.43 |
| PEG Ratio | 25.18 |
| Market Cap | ₹2,91,487.20 Cr |
| P/B Ratio | 4.34 |
| EPS | 21.27 |
| Dividend Yield | 0.21 |
| Sector | IT - Software |
| ROE | 15.13 |
Wipro Ltd Peer Comparison
Company | Analyst View | Market Cap | 5 Year CAGR | Debt to Asset Ratio | Net Profit | Yearly Revenue |
|---|---|---|---|---|---|---|
| ₹2,91,487.20 Cr | 27.05% | 0.57 | ₹11,112 Cr | ₹89,760 Cr | ||
| HOLD | ₹1,75,668.16 Cr | 53.42% | 0.54 | ₹4,584 Cr | ₹35,517 Cr | |
| HOLD | ₹4,98,323.89 Cr | 47.51% | 0.53 | ₹15,710 Cr | ₹1,09,913 Cr | |
| BUY | ₹14,73,592.77 Cr | 20.78% | 0.54 | ₹46,099 Cr | ₹2,40,893 Cr | |
| HOLD | ₹1,66,585.80 Cr | 25.77% | 0.55 | ₹2,396 Cr | ₹51,995 Cr |
About Wipro Ltd
Wipro operates across numerous countries, including the United States, the United Kingdom, Australia, and several European and Middle Eastern nations, solidifying its presence as a global IT services provider. The company also has several sub-brands, such as Wipro Digital and Wipro Infrastructure Engineering, that cater to specific market needs. Notably, Wipro was among the first Indian IT companies to achieve significant global recognition, and it has consistently ranked among the top global IT service providers.
Wipro's parent company is the Azim Premji Foundation, which holds a substantial stake in the organization. In recent years, Wipro has been actively involved in mergers and acquisitions, including the acquisition of Capco, a global management and technology consultancy, to strengthen its position in the financial services sector. These strategic moves have enabled Wipro to enhance its service portfolio and expand its global footprint, driving growth and innovation in the IT sector.
Share Price: ₹571.65 per share as on 22 Nov, 2024 04:01 PM
Market Capitalisation: ₹2,91,487.20Cr as of today
Revenue: ₹22,301.60Cr as on September 2024 (Q3 24)
Net Profit: ₹3,226.60Cr as on September 2024 (Q3 24)
Listing date: 21 Dec, 1994
Chairperson Name: Rishad Azim Premji
| Organisation | Wipro Ltd |
| Headquarters | Bangalore |
| Industry | IT - Software |
| E-voting on shares | Click here to vote |
Key events for Wipro Ltd
Wipro Declares Bonus Shares and Reports Strong Earnings - 23 Nov, 2024
Wipro Ltd announces a 1:1 bonus share issue, with a record date of December 3, 2024. The company reported a 6.8% QoQ increase in net income and a 43% return over the past year, reflecting positive financial performance.
Wipro Announces Bonus Shares, Stock Prices Surge - 22 Nov, 2024
Wipro Ltd announced a 1:1 bonus share issue with a record date of December 3, 2024. Following the announcement, shares rose significantly, reflecting positive investor sentiment and strong quarterly results.
Wipro Announces Bonus Shares and Lineaje Collaboration - 21 Nov, 2024
Wipro has announced a collaboration with Lineaje to enhance software security and set December 3, 2024, as the record date for a 1:1 bonus shares issue.
Wipro Strengthens Security and Work-Life Balance Initiatives - 20 Nov, 2024
Wipro's Rishad Premji emphasizes work-life balance and hybrid work models while announcing a partnership with Lineaje to enhance open-source software security.
Wipro Shares Rise Amid Positive Market Sentiment - 19 Nov, 2024
Wipro shares experienced a notable rise, with a market cap increase of Rs 7,365 crore. Chairman Rishad Premji discussed AI's impact on jobs and potential benefits from Trump's policies for the IT sector.
Wipro Shares Decline Amid IT Sector Volatility - 18 Nov, 2024
On November 18, 2024, Wipro's stock dropped 2.54%, leading to a market cap reduction of Rs 7,517 crore. This decline reflects broader volatility in the IT sector following comments from the US Federal Reserve regarding interest rates.
Wipro Stock Hits 52-Week High Amid Rally - 14 Nov, 2024
Wipro's stock experienced a significant rally, climbing nearly 50% over the year and reaching a 52-week high of Rs 583. The stock has shown strong momentum, trading within an Ascending Channel pattern.
Wipro's Positive Trends and Strategic Collaboration - 13 Nov, 2024
Wipro demonstrates a bullish trend with key resistance and support levels identified. Additionally, the company collaborates with Forvia to enhance ADAS applications.
Azim Premji Acquires Significant Stake in Wipro - 11 Nov, 2024
Azim Premji's private equity firm, Premji Invest, purchased a 1.6% stake in Wipro for ₹4,757 crore via an open market transaction, enhancing Wipro's market position.
Azim Premji Invests Heavily in Wipro Shares - 09 Nov, 2024
Billionaire Azim Premji's Premji Invest purchased 8.49 crore shares of Wipro for Rs 4,754 crore. Wipro also reported revenue growth and increased headcount in Q2 FY25.
Wipro Gains from Google Partnership and Stake Acquisition - 08 Nov, 2024
Wipro shares experienced a boost following the launch of the Google Gemini Experience Zone and positive market sentiment, alongside a significant stake acquisition by Premji Invest.
Wipro Partners with Google for AI Experience Zone - 07 Nov, 2024
Wipro Limited has partnered with Google Cloud to launch the Google Gemini Experience Zone, aimed at accelerating AI adoption and providing tailored solutions for businesses.
Wipro Forms Strategic Partnership with RELEX Solutions - 06 Nov, 2024
Wipro Limited has partnered with RELEX Solutions to enhance supply chain and retail planning for clients in the retail and Consumer Packaged Goods sectors using AI technology.
Wipro Reports Positive Q2 Results Amid IT Index Rise - 05 Nov, 2024
Wipro's recent Q2 results indicate a positive outlook, supported by a significant rise in the BSE IT Index over the past six months.
Wipro Reports Earnings Amid Share Price Decline - 04 Nov, 2024
Wipro's shares fell 2.15%, impacting its market cap by ₹6,083 crore, despite reporting a 21% YoY profit increase to ₹3,226.60 crore for Q2.
Wipro Partners with Microsoft and SAP for Migration - 31 Oct, 2024
Wipro announced a strategic collaboration with Microsoft and SAP to enhance RISE with SAP migrations. Despite a broader IT index decline, Wipro shows potential for recovery.
Wipro Reports Strong Q2 and Strategic Collaborations - 30 Oct, 2024
Wipro Limited announced a strategic collaboration with Microsoft and SAP for near zero cost migration to RISE with SAP. The company reported a 21% YoY profit increase in Q2, reaching Rs 3226.60 crore, with revenues at Rs 22,301.60 crore.
Wipro Stock Shows Positive Momentum and Buy Signals - 29 Oct, 2024
Wipro Ltd is demonstrating positive momentum amid a mixed IT sector performance. Analysts recommend buying in the range of ₹558-555, targeting ₹590-600.
Wipro Report Highlights AI Investment Surge in Wealth Management - 28 Oct, 2024
Wipro's report reveals a significant shift in wealth management towards AI, with IT budgets for AI expected to more than double from 16% to 37% in the next 3-5 years, emphasizing the need for strategic tech investments.
Wipro Liquidates Subsidiary and Reports Profit Jump - 26 Oct, 2024
Wipro has liquidated its stepdown subsidiary Atom Solutions, LLC, to streamline operations. The company also reported a 14.3% QoQ net profit increase and announced a 1:1 bonus share issue.
Insights on Wipro Ltd
Insights help you understand the recent movement of the company's critical parameters, giving you an overall view of the company.
POSITIVE IMPACTRevenue Rich
Revenue is up for the last 2 quarters, 22.69K Cr → 23.26K Cr (in ₹), with an average increase of 2.5% per quarter
- POSITIVE IMPACT
Price Rise
In the last 7 days, WIPRO stock has moved up by 3.4%
- POSITIVE IMPACT
FII Holding Up
Foreign Institutions have increased holdings from 7.12% to 7.27% in Sep 2024 quarter
- POSITIVE IMPACT
Profit Spike
Netprofit is up for the last 5 quarters, 2.64K Cr → 3.20K Cr (in ₹), with an average increase of 4.7% per quarter
- POSITIVE IMPACT
MF Holding Up
Mutual Funds have increased holdings from 3.50% to 4.15% in Sep 2024 quarter
NO EFFECTAgainst Peers
In the last 1 year, HCL Technologies Ltd has given 42.8% return, outperforming this stock by 0.8%
- NO EFFECT
Against Peers
In the last 3 years, HCL Technologies Ltd has given 70.6% return, outperforming this stock by 81.7%
NEGATIVE IMPACTPromoter Holding Down
Promoters have decreased holdings from 72.82% to 72.80% in Sep 2024 quarter
- NEGATIVE IMPACT
Retail Holding Down
Retail Investor have decreased holdings from 9.38% to 8.78% in Sep 2024 quarter
News
Indian Stock Market Opens In Green, Sensex Surges 459 Pts
Mumbai: The Indian stock market opened in green on Friday amid fresh tensions between Russia and Ukraine, as buying was seen in PSU bank, and realty22 Nov, 2024 11:29 AMSensex Soars 459 Points As Indian Stock Market Opens On A Positive Note
The Indian stock market opened in green on Friday amid fresh tensions between Russia and Ukraine, as buying was seen in PSU bank, and realty sectors.22 Nov, 2024 12:40 PMNFO Ends Today: Why You Should Invest in Bajaj Finserv Consumption Fund
NFO Ends Today: Why You Should Invest in Bajaj Finserv Consumption Fund22 Nov, 2024 12:49 PMWipro Ltd Financials
Index Inclusions
Wipro Ltd Shareholding Pattern
| Investors | Holdings % | FY Quarter | 3M change |
|---|---|---|---|
| Promoter Holdings | 72.8% | ||
| Foreign Institutions | 7.27% | 2.15 | |
| Mutual Funds | 4.15% | 18.70 | |
| Retail Investors | 8.78% | ||
| Others | 6.99% |
Wipro Ltd Key Indicators
Wipro Ltd Valuation
Wipro Ltd in the last 5 years
Lowest (9.72x)
March 19, 2020
Today (25.43x)
November 22, 2024
Industry (38.50x)
November 22, 2024
Highest (32.89x)
September 6, 2021
Wipro Ltd Earnings and Dividends
Wipro Ltd Earnings Results
Wipro Ltd’s net profit jumped 21.26% since last year same period to ₹3,208.80Cr in the Q2 2024-2025. On a quarterly growth basis, Wipro Ltd has generated 6.85% jump in its net profits since last 3-months.
Read More about Earnings ResultsWipro Ltd Dividends January,2024
In the quarter ending December 2023, Wipro Ltd has declared dividend of ₹1 - translating a dividend yield of 0.35%.
Read More about Dividends
Wipro Ltd Technicals Summary
Bearish
Neutral
Bullish
Wipro Ltd is currently in a Bullish trading position according to technical analysis indicators.
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Wipro Ltd (WIPRO) share price today is ₹571.65
Wipro Ltd is listed on NSE
Wipro Ltd is listed on BSE
- Today’s highest price of Wipro Ltd is ₹573.6.
- Today’s lowest price of Wipro Ltd is ₹557.9.
PE Ratio of Wipro Ltd is 25.43
PE ratio = Wipro Ltd Market price per share / Wipro Ltd Earnings per share
Today’s traded volume of Wipro Ltd(WIPRO) is 73.67L.
Today’s market capitalisation of Wipro Ltd(WIPRO) is ₹291487.2Cr.
| Wipro Ltd(WIPRO | Price |
|---|---|
52 Week High | ₹583.2 |
52 Week Low | ₹393.1 |
Wipro Ltd(WIPRO) share price is ₹571.65. It is down -1.98% from its 52 Week High price of ₹583.2
Wipro Ltd(WIPRO) share price is ₹571.65. It is up 45.42% from its 52 Week Low price of ₹393.1
| Wipro Ltd(WIPRO | Returns |
|---|---|
1 Day Returns | 14.5% |
1 Month Returns | 4.47% |
3 Month Returns | 11.56% |
1 Year Returns | 42.02% |