Wipro Ltd Analyst Rating
based on 41 analysts
21.95%
Buy
21.95%
Hold
56.10%
Sell
Based on 41 analysts offering long term price targets for Wipro Ltd. An average target of ₹269.02
Source: S&P Global Market Intelligence
Wipro Ltd Share analysis
Wipro Ltd price forecast by 41 analysts
Downside of
High
₹350
Target
₹269.02
Low
₹212.5
Wipro Ltd target price ₹269.02, a slight downside of -13.98% compared to current price of ₹305.2. According to 41 analysts rating.
Excluding Excise Duty and Other Income, represents Net Revenue
Wipro Ltd revenue growth forecast
Expected growth rate Q1, FY2026:5.49%
Forecast
Actual
Including amortisation and stock based compensations
Wipro Ltd EPS growth forecast
EPS estimate Q1, FY2026:19.49%
Forecast
Actual
Source: S&P Global Market Intelligence
Wipro Ltd Performance
Day's Low
Day's High
₹304.4Day's Price Range₹32052 Week's Low
52 Week's High
₹208.552-Week Price Range₹320
| Returns % | |
| 1 Month Return | + 12.27 % |
| 3 Month Return | + 16.03 % |
| 1 Year Return | + 44.81 % |
| Market Stats | |
| Previous Close | ₹312.75 |
| Open | ₹315.50 |
| Volume | 2.22Cr |
| Upper Circuit | - |
| Lower Circuit | - |
| Market Cap | ₹3,27,189.89Cr |
Wipro Ltd Key Statistics
| P/E Ratio | 27.82 |
| PEG Ratio | 55.1 |
| Market Cap | ₹3,27,189.89 Cr |
| P/B Ratio | 4.34 |
| EPS | 10.635 |
| 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 |
|---|---|---|---|---|---|---|
| HOLD | ₹3,27,189.89 Cr | 29.68% | 0.57 | ₹11,112 Cr | ₹89,760 Cr | |
| HOLD | ₹1,94,775.53 Cr | 52.62% | 0.54 | ₹4,584 Cr | ₹35,517 Cr | |
| HOLD | ₹5,31,973.34 Cr | 47.88% | 0.53 | ₹15,710 Cr | ₹1,09,913 Cr | |
| BUY | ₹15,73,090.18 Cr | 18.44% | 0.54 | ₹46,099 Cr | ₹2,40,893 Cr | |
| HOLD | ₹1,74,100.57 Cr | 24.79% | 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: ₹305.20 per share as on 20 Dec, 2024 04:01 PM
Market Capitalisation: ₹3,27,189.89Cr 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 Shares Decline Amid ADR Gains and Subsidiary News - 19 Dec, 2024
Wipro's ADRs rose nearly 3% after Accenture's strong earnings, but shares fell nearly 3% in local trade, marking a challenging day for the stock.Wipro Acquires Applied Value Technologies for Growth - 16 Dec, 2024
Wipro Ltd has announced the acquisition of Applied Value Technologies and its affiliates for up to $40 million. This strategic move aims to enhance Wipro's application services and create new growth opportunities, with completion expected by December 31, 2024.Wipro Partners with AIIMS for Health Innovation Hub - 14 Dec, 2024
Wipro GE Healthcare has signed an MoU with AIIMS to establish an AI Health Innovations Hub, investing $1 million over five years to enhance healthcare delivery through advanced technologies in cardiology, oncology, and neurology.Wipro Founder’s Family Office Invests in Akasa Air - 13 Dec, 2024
A consortium led by Wipro founder Azim Premji's family office, Premji Invest, is set to acquire a minority stake in Akasa Air, contributing over $100 million to the airline's fundraising efforts.Wipro Shares Reach New High Amid Positive Outlook - 12 Dec, 2024
Wipro shares surged to a 52-week high of Rs 313.10, with analysts optimistic about its long-term potential. Recommendations include a buy-on-dips strategy, emphasizing strong technical indicators and a robust deal pipeline.Wipro Faces Mixed Ratings Amid Market Activity - 11 Dec, 2024
Wipro Limited received a Sell rating from Investec, targeting Rs 290, while experts suggest a potential buy for Rs 330. The stock shows mixed performance amid cautious outlooks.Wipro Shares Surge Following Bonus Issue and Upgrades - 10 Dec, 2024
Wipro shares reached a 52-week high of ₹311, buoyed by a 1:1 bonus issue and positive analyst ratings. Analysts recommend buying, anticipating further gains.Wipro Collaborates on AI and Hits 52-Week High - 09 Dec, 2024
Wipro Ltd has announced a collaboration with SIAM.AI to create an AI-powered assistant for Thailand's tourism. The stock recently reached a 52-week high, gaining 25.56% year-to-date despite a 7% decline over three years.Wipro Partners with SIAM.AI for AI Tourism Assistant - 07 Dec, 2024
Wipro has partnered with SIAM.AI to develop Sukjai, an AI-powered digital assistant for the Tourism Authority of Thailand. This initiative aims to enhance the travel experience by providing personalized, real-time information to tourists, while supporting Thailand's tourism industry and aligning with its sovereign AI objectives.Wipro Collaborates on AI Assistant for Tourism - 06 Dec, 2024
Wipro Limited has announced a collaboration with SIAM.AI to create Sukjai, an AI-powered digital assistant for the Tourism Authority of Thailand, enhancing travel experiences with personalized information and support.Wipro Partners with Netskope, Shares Rise - 04 Dec, 2024
Wipro Limited's shares increased nearly 2% following the announcement of a strategic partnership with Netskope to enhance cybersecurity optimization services for global enterprises.Wipro Announces Bonus Shares and Cybersecurity Partnership - 03 Dec, 2024
Wipro Ltd announced a 1:1 bonus share issue, trading ex-bonus on December 3, 2024. The company also partnered with Netskope to enhance cybersecurity services.Wipro Announces 1:1 Bonus Shares, Record Date Set - 02 Dec, 2024
Wipro Ltd has announced a 1:1 bonus share issue, with December 3, 2024, as the record date. This marks the company's first bonus issue since 2019. Shareholders will receive one additional share for each share held, potentially doubling their holdings. Wipro shares have shown strong performance, closing higher ahead of the announcement, although a slight decline is expected post-record date.Wipro Reports Strong Earnings and Bonus Share Issue - 01 Dec, 2024
Wipro Ltd announced a 1:1 bonus share issue with a record date of December 3, 2024. Additionally, Wipro Enterprises reported a 10% revenue increase and a 35% profit jump for FY24.Wipro Announces Bonus Shares and Market Adjustments - 30 Nov, 2024
Wipro shares hit a new 52-week high, with a 1:1 bonus share issue set for December 3. The company also raised soap prices and emphasized strategic market engagement.Wipro Announces Bonus Issue and Leadership Changes - 29 Nov, 2024
Wipro appoints Omkar Nisal as CEO for Europe, announces a 1:1 bonus issue, and reports mixed Q2 results. The company also raises soap prices amid rising costs.Wipro's Stock Sees Mixed Performance Amid Upgrades - 28 Nov, 2024
Wipro's stock has experienced fluctuations, closing at Rs 583.85. Nuvama upgraded it to 'Buy', raising the target price to Rs 700, citing growth potential under new CEO Srini Pallia. However, shares fell 1.7% today, impacting market capitalization significantly.Wipro Appoints New Europe Head, Secures Major Deal - 27 Nov, 2024
Wipro has appointed Omkar Nisal as CEO for its Europe operations to enhance growth. The company also secured a $100 million contract with Marelli, boosting its share price to a two-year high.Wipro Secures Major Deal and Appoints New CEO - 26 Nov, 2024
Wipro appointed Omkar Nisal as CEO of its Europe unit and announced a 1:1 bonus share issue. The stock reached a 52-week high, and Wipro secured a $100 million deal with Marelli for cloud transformation.Wipro Appoints Omkar Nisal as New CEO - 25 Nov, 2024
Wipro has appointed Omkar Nisal as CEO of its Europe Strategic Market Unit, effective immediately. Nisal, who has been with Wipro since 2012, succeeds Pierre Bruno and will focus on growth and digital transformation in the region.
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 IMPACTBest in 1 Year
In the last 1 year, WIPRO has outperformed top 5 stocks with highest market-cap in IT Services & Consulting
- 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
Revenue 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
FII Holding Up
Foreign Institutions have increased holdings from 7.27% to 7.54% in Nov 2024 quarter
- POSITIVE IMPACT
MF Holding Up
Mutual Funds have increased holdings from 4.15% to 4.29% in Nov 2024 quarter
NO EFFECTAgainst Peers
In the last 3 years, HCL Technologies Ltd has given 69.0% return, outperforming this stock by 75.1%
NEGATIVE IMPACTRetail Holding Down
Retail Investor have decreased holdings from 8.78% to 8.67% in Nov 2024 quarter
- NEGATIVE IMPACT
Promoter Holding Down
Promoters have decreased holdings from 72.80% to 72.79% in Nov 2024 quarter
- NEGATIVE IMPACT
Price Dip
In the last 3 years, WIPRO stock has moved down by -6.1%
News
Godrej Consumer Products Achieves Global Sustainability Milestone in DJSI 2024
Godrej Consumer Products Limited (GCPL), a leading emerging markets FMCG company, has achieved a historic milestone by being recognized in the prestigious Dow Jones Sustainability Index (DJSI) 2024. GCPL not only achieved DJSI leadership for the Emerging Markets category but also made its debut on the DJSI World Index for Consumer Goods companies, ranking among the top 3 global FMCG companies for sustainability. The assessment, conducted by S&P Global, evaluated over 13,000 companies globally, placing GCPL at the forefront with the highest score among Indian FMCG companies and the second highest globally in the category.20 Dec, 2024 03:04 PMGodrej Consumer Products Recognized in 2024 Dow Jones Sustainability Index
Godrej Consumer Products Limited (GCPL) has achieved a notable breakthrough by being recognized in the Dow Jones Sustainability Index (DJSI) for 2024. GCPL not only secured DJSI leadership for the Emerging Markets category but also debuted on the DJSI World Index for Consumer Goods, ranking among the top three global FMCG companies for sustainability. The Dow Jones Sustainability Index, known for its strict criteria in economic, environmental, and social responsibility, evaluated over 13,000 companies globally. In this rigorous assessment by S&P Global, GCPL emerged as a leader with the highest score among Indian FMCG companies and the second highest globally. Sudhir Sitapati, MD & CEO of GCPL, expressed pride in this global acknowledgment, highlighting sustainability as central to the companys purpose. The companys dedication includes goals for 2025-26 and efforts to become Net Zero by 2035 while remaining committed to energy efficiency and water positivity.20 Dec, 2024 02:24 PMTata Motors, Bharti Airtel, and More: Key Updates on December 20
Godrej Consumer Products Ltd (GCPL) has been ranked among the top 3 FMCG companies globally on the Dow Jones Sustainability Index 2024. The index ranks companies for corporate sustainability based on stringent economic, environmental, and social responsibility criteria.20 Dec, 2024 07:08 AMWipro Ltd Financials
Index Inclusions
Wipro Ltd Shareholding Pattern
| Investors | Holdings % | FY Quarter | 3M change |
|---|---|---|---|
| Promoter Holdings | 72.79% | ||
| Foreign Institutions | 7.54% | 3.60 | |
| Mutual Funds | 4.29% | 3.39 | |
| Retail Investors | 8.67% | ||
| Others | 6.7% |
Wipro Ltd Key Indicators
Wipro Ltd Valuation
Wipro Ltd in the last 5 years
Lowest (7.14x)
December 3, 2019
Today (27.82x)
December 19, 2024
Industry (41.76x)
December 19, 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 0.66%.
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.
FAQs on Wipro Ltd
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Wipro Ltd (WIPRO) share price today is ₹305.2
Wipro Ltd is listed on NSE
Wipro Ltd is listed on BSE
- Today’s highest price of Wipro Ltd is ₹320.
- Today’s lowest price of Wipro Ltd is ₹304.4.
PE Ratio of Wipro Ltd is 27.82
PE ratio = Wipro Ltd Market price per share / Wipro Ltd Earnings per share
Today’s traded volume of Wipro Ltd(WIPRO) is 2.22Cr.
Today’s market capitalisation of Wipro Ltd(WIPRO) is ₹327189.89Cr.
| Wipro Ltd(WIPRO | Price |
|---|---|
52 Week High | ₹320 |
52 Week Low | ₹208.5 |
Wipro Ltd(WIPRO) share price is ₹305.2. It is down -4.63% from its 52 Week High price of ₹320
Wipro Ltd(WIPRO) share price is ₹305.2. It is up 46.38% from its 52 Week Low price of ₹208.5
| Wipro Ltd(WIPRO | Returns |
|---|---|
1 Day Returns | -7.55% |
1 Month Returns | 12.27% |
3 Month Returns | 16.03% |
1 Year Returns | 44.81% |