🔔 Hiring Alert
Wipro plans to recruit 10,000-12,000 fresh graduates in FY26, resuming consistent campus hiring after irregular recruitment over the past two years.
Wipro Analyst Rating
based on 41 analysts
20.00%
Buy
27.50%
Hold
52.50%
Sell
Based on 41 analysts offering long term price targets for Wipro. An average target of ₹285.55
Source: S&P Global Market Intelligence
Wipro Share analysis
Wipro price forecast by 41 analysts
Upside of1.28%
High
₹570
Target
₹285.55
Low
₹212.5
Wipro target price ₹285.55, a slight upside of 1.28% compared to current price of ₹281.95. According to 41 analysts rating.
Excluding Excise Duty and Other Income, represents Net Revenue
Wipro revenue growth forecast
Expected growth rate Q1, FY2027:13.64%
Forecast
Actual
Including amortisation and stock based compensations
Wipro EPS growth forecast
EPS estimate Q1, FY2027:35.57%
Forecast
Actual
Source: S&P Global Market Intelligence
Wipro Performance
Day's Low
Day's High
₹280.5Day's Price Range₹287.852 Week's Low
52 Week's High
₹208.552-Week Price Range₹320
| Returns % | |
| 1 Month Return | -9.8 % |
| 3 Month Return | + 2.78 % |
| 1 Year Return | + 16.83 % |
| Market Stats | |
| Previous Close | ₹288.05 |
| Open | ₹287.80 |
| Volume | 93.59L |
| Upper Circuit | - |
| Lower Circuit | - |
| Market Cap | ₹3,01,583.64Cr |
Wipro Key Statistics
| P/E Ratio | 23.75 |
| PEG Ratio | 17.73 |
| Market Cap | ₹3,01,583.64 Cr |
| P/B Ratio | 4.34 |
| EPS | 10.6352127042541 |
| Dividend Yield | 0.21 |
| Sector | IT - Software |
| ROE | 15.13 |
Wipro Peer Comparison
Company | Analyst View | Market Cap | 5 Year CAGR | Debt to Asset Ratio | Net Profit | Yearly Revenue |
|---|---|---|---|---|---|---|
| HOLD | ₹3,01,583.64 Cr | 25.48% | 0.57 | ₹11,112 Cr | ₹89,760 Cr | |
| HOLD | ₹1,77,143.20 Cr | 42.14% | 0.54 | ₹4,584 Cr | ₹35,517 Cr | |
| BUY | ₹4,86,356.63 Cr | 40.72% | 0.53 | ₹15,710 Cr | ₹1,09,913 Cr | |
| BUY | ₹15,21,876.15 Cr | 18.01% | 0.54 | ₹46,099 Cr | ₹2,40,893 Cr | |
| HOLD | ₹1,65,185.00 Cr | 22.67% | 0.55 | ₹2,396 Cr | ₹51,995 Cr |
About Wipro
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: ₹281.95 per share as on 17 Jan, 2025 04:01 PM
Market Capitalisation: ₹3,01,583.64Cr as of today
Revenue: ₹22,318.80Cr as on December 2024 (Q4 24)
Net Profit: ₹3,366.70Cr as on December 2024 (Q4 24)
Listing date: 21 Dec, 1994
Chairperson Name: Rishad Azim Premji
| Organisation | Wipro |
| Headquarters | Bangalore |
| Industry | IT - Software |
| E-voting on shares | Click here to vote |
What's happening today
Today's Timeline - Invalid Date
10:20 AM
-Wipro reports Q3 results with a 24.5% net profit increase, signaling growth in the IT sector and strong deal wins.
Key events for Wipro Ltd
Wipro Reports Strong Q3 Results and Hiring Plans - 18 Jan, 2025
Wipro's Q3 results show a 24.5% net profit increase, with significant deal wins and plans to hire 10,000 fresh graduates in FY26. Despite a headcount reduction, operational efficiencies improved margins, reflecting cautious optimism in the IT sector.Wipro Reports Strong Q3 Earnings and Dividend - 17 Jan, 2025
Wipro's Q3 FY25 results show a 24% YoY increase in net profit to ₹3,354 crore. The company declared a ₹6 interim dividend and reported steady deal bookings.Wipro Faces Challenges but Shows Potential for Recovery - 16 Jan, 2025
Wipro's Q3 results are anticipated to reflect flat revenue and PAT growth amid challenges. However, analysts see signs of a potential trend reversal, boosting optimism.Wipro Q3 Preview: Expected Decline in Earnings - 14 Jan, 2025
Wipro's Q3 results, set for January 17, are anticipated to show a decline in revenue and net profit due to seasonal weakness and currency headwinds. Analysts predict a 0.6% drop in revenue to Rs 22,176 crore and a 5% decrease in net profit to Rs 3,040 crore. The EBIT margin is also expected to contract, reflecting ongoing challenges in the consulting business and client-specific issues.Wipro Earnings Release Sparks Investor Interest - 13 Jan, 2025
Wipro is scheduled to release its quarterly earnings this week, drawing significant attention from investors looking for insights into sectoral trends and future outlook.Wipro Shares Rise Ahead of Earnings Announcement - 12 Jan, 2025
Wipro Limited's shares increased by 2.89% to Rs. 300.60 as investors anticipate the company's quarterly results on January 17, 2025. The company is also expected to declare dividends.Wipro Anticipates Earnings Amid Market Boost - 10 Jan, 2025
Wipro shares gained following Trump's election win, with expectations of stable revenue and a significant Q3 earnings announcement scheduled for January 16-17, 2025.Wipro Faces Revenue Decline Amidst Profit Expectations - 08 Jan, 2025
Wipro is set to report Q3FY25 results on January 17, with analysts predicting muted revenue growth and a potential profit rise. A global brokerage has issued a negative rating, forecasting a decline in share price. The IT sector is expected to show some year-on-year improvement, but Wipro's revenue guidance remains cautious.Wipro Announces Q3 Schedule Amid Executive Resignation - 06 Jan, 2025
Wipro's upcoming Q3 results on January 17, 2025, may include an interim dividend. The company faces executive turnover and potential margin declines due to wage hikes.Wipro Faces Downgrades Amid Revenue Concerns - 02 Jan, 2025
Wipro Ltd faces multiple downgrades from brokerages, including CLSA and Citi, with concerns over revenue decline and flat growth expectations. Analysts suggest a cautious approach.Wipro Faces Rising Costs and Operational Challenges - 31 Dec, 2024
Experts predict Wipro may encounter operational disruptions and increased costs, prompting a shift towards local hiring in the US and enhanced automation.Wipro's Leadership Change and Acquisition Updates - 30 Dec, 2024
Wipro's new CEO, Srinivas Pallia, takes charge amid expectations of better stock performance. The acquisition of Applied Value Technologies is now set for completion by January 31, 2025.Wipro Faces Trademark Dispute Amid Cybersecurity Partnership - 26 Dec, 2024
Wipro Ltd announced a partnership with Netskope for integrated cybersecurity services. Meanwhile, a court has restrained Anjaneya Industries from using the Wipro brand due to trademark infringement allegations.Wipro Appoints Ranjita Ghosh as CMO - 23 Dec, 2024
Wipro has appointed Ranjita Ghosh as its new Global Chief Marketing Officer, effective February 1, 2025. Ghosh, with nearly two decades of experience, will oversee global marketing efforts and report to Hari Shetty, the Chief Strategist & Technology Officer.
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 IMPACTProfit Spike
Netprofit is up for the last 6 quarters, 2.64K Cr → 3.35K Cr (in ₹), with an average increase of 4.6% per quarter
- POSITIVE IMPACT
FII Holding Up
Foreign Institutions have increased holdings from 7.54% to 7.68% in Dec 2024 quarter
- POSITIVE IMPACT
Revenue Rich
Revenue is up for the last 3 quarters, 22.69K Cr → 23.32K Cr (in ₹), with an average increase of 1.4% per quarter
NO EFFECTAgainst Peers
In the last 3 years, HCL Technologies Ltd has given 48.8% return, outperforming this stock by 57.5%
- NO EFFECT
Promoter Holding Unchanged
Promoters holdings remained unchanged at 72.79% of holdings in Dec 2024 quarter
- NO EFFECT
Retail Holding Unchanged
Retail Investor holdings remained unchanged at 8.67% of holdings in Dec 2024 quarter
- NO EFFECT
Against Peers
In the last 1 year, HCL Technologies Ltd has given 25.3% return, outperforming this stock by 7.3%
NEGATIVE IMPACTPrice Dip
In the last 7 days, WIPRO stock has moved down by -0.8%
News
Wipro to Hire 10-12K Freshers in FY26 Amid Visa Concerns
Wipro on Friday said it expects freshers hiring to be between 10,000-12,000 for the next financial year. Wipro -- which reported its Q3 scorecard on Friday -- also sought to downplay any concerns around changes being anticipated in the H-1B Visa regime in the US, saying a significant portion of its employee base there are American locals. We have been hiring a large number... who are locals in the US and today a significant portion of our employee base in the US is local... We have a good inventory of H-1B Visas, so we can move people whenever required... If and as demand goes up, the supply side will not be a constraint for us, Saurabh Govil, chief human resources officer of Wipro said during the companys earnings conference. Wipro headcount reduced by 1,157 in Q3FY25, reversing two quarters of employee additions. The employee tally stood at 2,32,732 in Q3 FY25, as against 2,33,889 in Q2FY25, and 2,39,655 in Q3FY24. Govil said that the company has honoured all pending offers it had made. At the end of Q3, we have closed on all the backlog, and there are no pending offers from the past. We have honoured all pending offers, he said. The company will continue to onboard 2,500-3,000 freshers every quarter, which translates into 10,000-12,000 freshers onboarding every fiscal year. On campus, we will be just a shade less than 10,000 for this fiscal. For the next fiscal, we are clear that we will continue between 2500-3000 (every quarter), so 10,000-12,000 is what we want to be, he said.18 Jan, 2025 05:57 PMWipro Plans to Hire 10,000-12,000 Freshers in FY26 Focused on AI
Wipro, a leading IT services provider, announced plans to recruit 10,000-12,000 fresh graduates from campuses during the financial year 2025-26. This update follows the companys Q3FY25 financial results, shared on Friday. Saurabh Govil, Wipros Chief Human Resources Officer, stated, While there might be slight quarterly variations, the overall target remains between 10,000-12,000 freshers each fiscal. For the current fiscal year, Wipro aims to hire approximately 10,000 fresh graduates, with about 7,000 already onboarded by the end of the third quarter. The remaining 2,500-3,000 will join in the final quarter. This announcement comes a day after Infosys, another IT giant, revealed plans to onboard over 20,000 freshers in FY26, indicating a recovery in demand and a resurgence in discretionary spending across industries. Govil highlighted Wipros cautious yet steady approach to hiring. We aim to avoid overextending our commitments. Our focus is on maintaining a balance between demand and absorption capacity, he said. Wipro has been reassessing its recruitment strategies, particularly for lateral and campus hiring, to optimize employee utilization and improve profit margins. The company plans to continue onboarding 2,500-3,000 freshers every quarter. Govil noted that Wipro has resumed consistent campus hiring after a period of irregular recruitment over the past two years. We have honored all pending offers and are now engaging in regular hiring cycles, he added. The company has also integrated artificial intelligence (AI) into its recruitment process for entry-level positions. AI now plays a role in conducting Level 1 hiring, supported by human oversight, Govil explained, describing this as a significant shift in their hiring methodology. Responding to questions about the withdrawal of offers extended to 2022 engineering graduates, Govil attributed the decision to delays between offer issuance and candidate onboarding. Amid challenging macroeconomic conditions and reduced discretionary spending, many IT firms, including Wipro, deferred the onboarding of 2022 and 2023 graduates. In some cases, freshers were offered the option to join earlier at reduced pay or were later released after failing internal assessments. To address concerns about candidate readiness, Wipro introduced skilling initiatives via online platforms, followed by assessments in technical and communication skills. This process ensures that new hires are equipped to meet the current demands of the IT sector, Govil explained. The reassessment strategy was implemented to uphold quality standards and evaluate whether candidates were prepared to adapt to the evolving industry landscape. Given the gap between graduation and onboarding, we wanted to ensure that new hires were capable of meeting present-day requirements, Govil said. Wipro did not disclose specific data on the acceptance and rejection rates during the reassessment process.18 Jan, 2025 12:23 PMWipro Plans Major Campus Hiring Amid IT Sector Recovery
IT major Wipro has announced its plans to onboard 10,000-12,000 freshers in the financial year 2025-26 (FY26), the companys Chief Human Resources Officer Saurabh Govil shared this during a press conference following the companys release of its Q3FY25 earnings report. Wipros onboarding plans come after a period of subdued hiring and major layoffs in the IT sector and could potentially signal a turnaround in the industry with a recovery in demand and discretionary spending. For the current financial year, Wipro said that it had aimed to hire about 10,000 freshers. Around 7,000 have already been onboarded in the October-December (Q3) quarter and another 2,500-3,000 are expected to join in the last quarter of FY25. Govil, during the press conference on Friday evening, emphasised a cautious yet consistent hiring approach to avoid overcommitting. This comes as the company reassesses its hiring models to improve employee utilisation and grow margins amid declining attrition rates.18 Jan, 2025 11:17 AMWipro Financials
Index Inclusions
Wipro Shareholding Pattern
| Investors | Holdings % | FY Quarter | 3M change |
|---|---|---|---|
| Promoter Holdings | 72.79% | ||
| Foreign Institutions | 7.68% | 1.88 | |
| Mutual Funds | 4.29% | 0.02 | |
| Retail Investors | 8.67% | 0.01 | |
| Others | 6.56% |
Wipro Key Indicators
Wipro Valuation
Wipro in the last 5 years
Lowest (7.14x)
December 3, 2019
Today (23.75x)
January 17, 2025
Industry (39.74x)
January 17, 2025
Highest (32.89x)
September 6, 2021
Wipro Earnings and Dividends
Wipro Ltd Earnings Results
Wipro Ltd’s net profit jumped 24.48% since last year same period to ₹3,353.80Cr in the Q3 2024-2025. On a quarterly growth basis, Wipro Ltd has generated 4.52% 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 0.71%.
Read More about Dividends
Wipro Technicals Summary
Bearish
Neutral
Bullish
Wipro Ltd is currently in a Bearish trading position according to technical analysis indicators.
FAQs on Wipro Ltd
Wipro Ltd share price today stands at ₹281.95, Open. ₹287.8 ; Previous Close. ₹288.05 ; High. ₹287.8 ; Low. ₹280.5 ; 52 Week High. ₹320 ; 52 Week Low: ₹208.5.
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Wipro Ltd is listed on NSE
Wipro Ltd is listed on BSE
- Today’s highest price of Wipro Ltd is ₹287.8.
- Today’s lowest price of Wipro Ltd is ₹280.5.
PE Ratio of Wipro Ltd is 23.75
PE ratio = Wipro Ltd Market price per share / Wipro Ltd Earnings per share
Today’s traded volume of Wipro Ltd(WIPRO) is 93.59L.
Today’s market capitalisation of Wipro Ltd(WIPRO) is ₹301583.64Cr.
| Wipro Ltd(WIPRO | Price |
|---|---|
52 Week High | ₹320 |
52 Week Low | ₹208.5 |
Wipro Ltd(WIPRO) share price is ₹281.95. It is down -11.89% from its 52 Week High price of ₹320
Wipro Ltd(WIPRO) share price is ₹281.95. It is up 35.23% from its 52 Week Low price of ₹208.5
| Wipro Ltd(WIPRO | Returns |
|---|---|
1 Day Returns | -6.1% |
1 Month Returns | -9.8% |
3 Month Returns | 2.78% |
1 Year Returns | 16.83% |