Wipro Ltd Share analysis
Excluding Excise Duty and Other Income, represents Net Revenue
Wipro Ltd revenue growth forecast
Expected growth rate Q1, FY2026:7.02%
Forecast
Actual
Including amortisation and stock based compensations
Wipro Ltd EPS growth forecast
EPS estimate Q1, FY2024:
Forecast
Actual
Source: S&P Global Market Intelligence
Wipro Ltd Performance
Day's Low
Day's High
₹528.5₹538.752 Week's Low
52 Week's High
₹375.05₹579.9
| Returns % | |
| 1 Month Return | + 2.35 % |
| 3 Month Return | -2.6 % |
| 1 Year Return | + 29.92 % |
| Market Stats | |
| Previous Close | ₹526.95 |
| Open | ₹529.80 |
| Volume | 44.21L |
| Upper Circuit | - |
| Lower Circuit | - |
| Market Cap | ₹2,75,667.71Cr |
Wipro Ltd Key Statistics
| P/E Ratio | 24.62 |
| PEG Ratio | 189.41 |
| Market Cap | ₹2,75,667.71 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 |
|---|---|---|---|---|---|---|
| NA | ₹2,75,667.71 Cr | 24.33% | 0.57 | ₹11,112 Cr | ₹89,760 Cr | |
| NA | ₹1,88,870.56 Cr | 65.02% | 0.54 | ₹4,584 Cr | ₹35,517 Cr | |
| NA | ₹4,85,596.80 Cr | 48.1% | 0.53 | ₹15,710 Cr | ₹1,09,913 Cr | |
| NA | ₹15,38,863.07 Cr | 22.11% | 0.54 | ₹46,099 Cr | ₹2,40,893 Cr | |
| NA | ₹1,59,382.92 Cr | 25.82% | 0.55 | ₹2,396 Cr | ₹51,995 Cr |
Wipro Ltd Mutual Fund Holdings
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: ₹531.15 per share as on 09 Oct, 2024 04:01 PM
Market Capitalisation: ₹2,75,667.71Cr as of today
Revenue: ₹21,963.80Cr as on June 2024 (Q2 24)
Net Profit: ₹3,036.60Cr as on June 2024 (Q2 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's Market Cap Drops Amid Stock Decline - 08 Oct, 2024
On October 8, 2024, Wipro Ltd experienced a nearly 2% drop in stock price, leading to a market cap decline of ₹4,378.53 crore. The stock opened at ₹531.55 and closed at ₹523.00.
Wipro Establishes US Subsidiary, Stock Gains - 04 Oct, 2024
Wipro has incorporated a wholly-owned subsidiary, Wipro, Inc., to explore IT consulting opportunities in the US. The stock rose to ₹539.95, approaching its 52-week high.
Wipro Schedules Q2 Results Meeting and Trading Window Closure - 01 Oct, 2024
Wipro has scheduled a board meeting for October 16-17, 2024, to approve its Q2 results. The trading window will be closed from September 16 to October 19, 2024.
Wipro Shares Rise After Accenture's Positive Earnings - 27 Sep, 2024
Wipro Ltd shares experienced a surge of up to 4% on September 27, 2024, driven by an upbeat earnings report from Accenture, boosting investor sentiment in Indian IT firms.
Wipro Stock Shows Potential for Growth - 24 Sep, 2024
Wipro presents a buying opportunity with solid fundamentals and technical support. The stock is poised for a breakout, supported by positive sentiment in the IT sector. A disciplined stop loss is recommended to manage volatility.
Premji Family Transfers Shares in Wipro - 23 Sep, 2024
Azim Premji gifted Rs 500 crore worth of shares to his sons, Rishad and Tariq, resulting in the family owning 4.43% of Wipro. Premji retains 4.12% ownership.
Wipro's Turnaround Under New CEO Pallia - 22 Sep, 2024
Since taking over as CEO on April 6, 2024, Pallia has led Wipro to a nearly 10% increase in share value. Despite a slight revenue drop to $2.64 billion, the company secured a $500 million deal for managed services, indicating positive momentum.
Wipro's Subsidiary Cloudsocius DMCC Voluntarily Dissolved - 20 Sep, 2024
Wipro's step-down subsidiary, Cloudsocius DMCC, has announced its voluntary dissolution to rationalize the group's structure. The decision was confirmed by the Dubai DMCC Authority.
Wipro Shares Decline Amidst Mixed Market Sentiment - 18 Sep, 2024
Wipro shares dropped 3% to Rs 537.10, despite a year-to-date rise. JM Financial recommends buying with a target of Rs 620, while market experts suggest accumulating on dips. The IT sector is under pressure ahead of the Fed meeting, with Wipro facing resistance at Rs 557 and support at Rs 530.
Wipro Announces Salary Hikes Amid Tech Slowdown - 17 Sep, 2024
Wipro Ltd will implement an average 8% salary hike for top performers starting September 2024, benefiting 75% of offshore employees. The company also introduced a new office attendance policy linked to leave management.
Wipro Implements Strict Office Attendance Policy - 16 Sep, 2024
Wipro has introduced a new policy requiring employees to work from the office at least three days a week, with penalties for non-compliance. This follows significant earnings reported by Azim Premji through dividends and share buybacks in FY24.
Wipro Shares Surge Amid Mixed Analyst Sentiment - 13 Sep, 2024
Wipro shares experienced a notable surge despite Kotak's Sell rating, as the company mandates in-office work and reports improving growth in the US. The stock's rise reflects investor optimism about its turnaround strategy.
Wipro Partners with JFK Terminal on Cloud Strategy - 12 Sep, 2024
Wipro is collaborating with JFK International Air Terminal to develop a cloud data strategy leveraging Microsoft's Azure Data Platform, enhancing passenger experience and operational efficiency.
Wipro Enhances JFK Terminal Operations with AI Solution - 11 Sep, 2024
Wipro is implementing an AI-enabled data analytics solution for JFK International Air Terminal, focusing on operational excellence, passenger queuing, and sustainability metrics over a three-year project.
Wipro Faces Skepticism Despite Q1 Profit Increase - 09 Sep, 2024
Wipro reported an increase in Q1 FY25 consolidated net profit but remains under skepticism, with 24 Sell calls from brokerages. Citi Research's disappointing Q2 guidance suggests potential revenue decline, leading to a majority Hold/Sell ratings.
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 4 quarters, 2.64K Cr → 3.00K Cr (in ₹), with an average increase of 4.1% per quarter
- POSITIVE IMPACT
Retail Holding Up
Retail Investor have increased holdings from 9.37% to 9.38% in Jun 2024 quarter
- POSITIVE IMPACT
FII Holding Up
Foreign Institutions have increased holdings from 6.97% to 7.12% in Jun 2024 quarter
NO EFFECTAgainst Peers
In the last 3 years, HCL Technologies Ltd has given 37.3% return, outperforming this stock by 56.6%
- NO EFFECT
Against Peers
In the last 1 year, HCL Technologies Ltd has given 43.2% return, outperforming this stock by 13.3%
NEGATIVE IMPACTPrice Dip
In the last 3 years, WIPRO stock has moved down by -19.3%
- NEGATIVE IMPACT
Revenue Fall
Revenue is down for the last 2 quarters, 22.86K Cr → 22.69K Cr (in ₹), with an average decrease of 0.7% per quarter
- NEGATIVE IMPACT
Promoter Holding Down
Promoters have decreased holdings from 72.89% to 72.82% in Jun 2024 quarter
- NEGATIVE IMPACT
MF Holding Down
Mutual Funds have decreased holdings from 3.53% to 3.50% in Jun 2024 quarter
Wipro Ltd Infographics
Wipro Ltd Peer Comparison
Indian IT Giants- Competitor Analysis
News
Stock Radar: Why traders should wait for Rs 225 before going long in Bandhan Bank
Bandhan Bank Ltd experienced a resurgence following a 17% drop from its yearly high. Experts recommended that short-term traders consider buying the stock above Rs 225 for potential targets of Rs 265-280. The stock rebounded after finding support at Rs 170, reclaiming crucial short- and long-term moving averages.31 Jul, 2024 10:00 AMInvest in Bandhan Mutual Fund's Small Cap Fund to Maximise Potential Returns
/PRNewswire/ -- Bandhan Mutual Fund provides attractive small-cap fund option for investors looking to earn optimal returns over the long term. The mutual fund...31 Jul, 2024 11:05 AMBandhan Bank Share Price Live blog for 01 Aug 2024
Bandhan Bank Share Price Today Live Updates : Bandhan Bank stock price went down today, 01 Aug 2024, by -0.86 %. The stock closed at 219.8 per share. The stock is currently trading at 217.9 per share. Investors should monitor Bandhan Bank stock price closely in the coming days and weeks to see how it reacts to the news.01 Aug, 2024 08:03 AMWipro Ltd Financials
Index Inclusions
Wipro Ltd Shareholding Pattern
| Investors | Holdings % | FY Quarter | 3M change |
|---|---|---|---|
| Promoter Holdings | 72.82% | ||
| Foreign Institutions | 7.12% | 2.20 | |
| Mutual Funds | 3.5% | ||
| Retail Investors | 9.38% | 0.16 | |
| Others | 7.19% |
Wipro Ltd Key Indicators
Wipro Ltd Valuation
Wipro Ltd in the last 5 years
Lowest (9.72x)
March 19, 2020
Today (24.62x)
October 8, 2024
Industry (39.31x)
October 8, 2024
Highest (32.89x)
September 6, 2021
Wipro Ltd Earnings and Dividends
Wipro Ltd Earnings Results
Wipro Ltd’s net profit jumped 4.64% since last year same period to ₹3,003.20Cr in the Q1 2024-2025. On a quarterly growth basis, Wipro Ltd has generated 5.95% 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 0.38%.
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
- Get a PAN card.
- Open a Demat account.
- Open a Trading account.
- Link your Demat account to your Trading account.
- Fund your Trading account.
- Place an order to buy Wipro Ltd shares.
Wipro Ltd (WIPRO) share price today is ₹531.15
Wipro Ltd is listed on NSE
Wipro Ltd is listed on BSE
- Today’s highest price of Wipro Ltd is ₹538.7.
- Today’s lowest price of Wipro Ltd is ₹528.5.
PE Ratio of Wipro Ltd is 24.62
PE ratio = Wipro Ltd Market price per share / Wipro Ltd Earnings per share
Today’s traded volume of Wipro Ltd(WIPRO) is 44.21L.
Today’s market capitalisation of Wipro Ltd(WIPRO) is ₹275667.71Cr.
| Wipro Ltd(WIPRO | Price |
|---|---|
52 Week High | ₹579.9 |
52 Week Low | ₹375.05 |
Wipro Ltd(WIPRO) share price is ₹531.15. It is down -8.41% from its 52 Week High price of ₹579.9
Wipro Ltd(WIPRO) share price is ₹531.15. It is up 41.62% from its 52 Week Low price of ₹375.05
| Wipro Ltd(WIPRO | Returns |
|---|---|
1 Day Returns | 4.2% |
1 Month Returns | 2.35% |
3 Month Returns | -2.6% |
1 Year Returns | 29.92% |