₹444.35
0.34%
Low
Day's Volatility:2.84%
High
2.50%
20.78%
Low
52 Weeks Volatility:43.64%
High
22.85%
Returns % | |
1 Month Return | -12.12 % |
3 Month Return | -7.11 % |
1 Year Return | 21.87 % |
Market Stats | |
Previous Close | ₹448.35 |
Open | ₹452.50 |
Volume | 1.10Cr |
Upper Circuit | - |
Lower Circuit | - |
Market Cap | ₹2,34,274.73Cr |
based on 40 analysts
Based on 40 analysts offering long term price targets for Wipro Ltd. An average target of ₹463.82
Source: S&P Global Market Intelligence
Organisation | Wipro Ltd |
Headquarters | Bangalore |
Industry | IT - Software |
E-voting on shares | Click here to vote |
Key events for Wipro Ltd
Wipro's Q4 earnings are expected to be flat or decline YoY, with a marginal fall in revenue and small rise in net profit. The company faces ongoing challenges in consulting and hi-tech sectors, and its significant exposure to the BFSI sector could further impact revenue outlook. Wipro's EBIT margin is also likely to face downward pressure during the quarter due to recent wage increases.
Wipro's Q4 Earnings Expected to Be Subdued Amid Challenging Demand Environment - 17 Apr, 2024
Analysts anticipate a decline in revenue YoY for Wipro's Q4FY24 earnings due to a challenging demand environment, top leadership churn, dwindling market share, and organisational reshuffle. Additionally, shares of Indian IT companies slumped ahead of Infosys' Q4 results, dragging benchmark indices lower.
Wipro Faces Challenges Ahead of Q4 Results - 16 Apr, 2024
Wipro is set to release its Q4 FY24 financial results amid concerns about the company's performance under former CEO Thierry Delaporte. CLSA has given a Sell rating on Wipro with a target price of Rs 445, citing consistent underperformance compared to peers. New CEO Srinivas Pallia sold shares worth over Rs 5 crore prior to his appointment. The Q4 earnings are estimated to show subdued growth due to pressure on discretionary client spends.
Wipro Faces Executive Resignation & Share Dilution - 15 Apr, 2024
Wipro faces a series of challenges including Thierry Delaporte's resignation as CEO, share dilution in FPEL Ujwal, and dip in stock prices due to geopolitical tensions and high US inflation. However, CFO Aparna Iyer highlights the importance of retaining women employees.
Wipro Set to Announce Q4FY24 Results Next Week - 14 Apr, 2024
Wipro is set to release its Q4FY24 results next week, with revenue decreasing slightly from the previous quarter. Investors can expect a busy week in the stock market.
Wipro Struggles with Market Position and Financial Performance - 13 Apr, 2024
Wipro Ltd faces challenges in transforming its business model to compete in the global tech markets and increase its focus on value-added services. The resignation of CEO Thierry Delaporte and weak financial performance have led to a sell recommendation amid uncertain macroeconomic conditions.
Wipro Reports Sales Fall, Appoints New CEO, Dilutes Shareholding - 12 Apr, 2024
Wipro reported a decline in sales for Q3FY24, appointed a new CEO for its Americas 1 Strategic Market Unit, and saw its shareholding in FPEL Ujwal Private Ltd diluted. Additionally, Thierry Delaporte departed and was replaced by Srinivas Pallia.
Wipro Appoints New CEOs for Strategic Markets - 11 Apr, 2024
Wipro has announced the appointment of Malay Joshi as CEO for Americas 1 strategic market unit, succeeding Srinivas Pallia who was recently appointed CEO. The sudden change in leadership is attributed to a subdued report card and weak guidance. Pallia expressed excitement to lead the company into the next phase of growth.
Wipro Appoints New CEO for Americas 1 Strategic Market Unit - 10 Apr, 2024
Wipro has appointed Malay Joshi as the new CEO of its largest market unit, Americas 1. Margins are expected to improve for the IT sector, except for specific cases like Infosys, HCL Tech, and Wipro. Premji Invest may invest $50-$70 million in Australian graphic design platform Canva.
Thierry Delaporte Resigns as Wipro CEO; Srinivas Pallia Takes Over - 09 Apr, 2024
Wipro's stock declines after Delaporte resigns and Srinivas Pallia becomes new CEO. Board unhappy with company's direction, analysts concerned about execution. Foreign brokerage CLSA suggests Sell rating on Wipro's stock. Despite series of top-level exits, Wipro saw a rise in revenue of 35% and profits of 25% over the past four years.
Srinivas Pallia Appointed New Wipro CEO - 08 Apr, 2024
Wipro has appointed Srinivas Pallia as its new CEO and Managing Director, succeeding Thierry Delaporte. Analysts have mixed views on the company's future prospects.
Wipro Appoints Srinivas Pallia as New CEO - 07 Apr, 2024
Wipro CEO Thierry Delaporte resigned a year before his term ended, with Srinivas Pallia appointed as the new CEO and MD. Industry experts approved of the internal promotion. The stock is expected to gain and move to 525 levels in the upcoming days. During Delaporte's tenure, Wipro slipped to number four from the third spot in terms of both revenue and market capitalisation.
Wipro Appoints New CEO After Resignation - 06 Apr, 2024
Thierry Delaporte has resigned from his position as CEO and managing director of Wipro. Srini Pallia will succeed him as the new CEO effective immediately.
Mixed Outlook for Wipro in Q1, Analyst Bullish on Mid-Cap IT Companies - 04 Apr, 2024
While Jai Bala of CashTheChaos is optimistic about mid-cap IT companies like TCS and HCL Tech, Wipro's projected flat Q1 performance may lead to lower FY24 revenue compared to other top Indian IT firms.
Citi Report Focuses on Margin Trajectory for Top IT Companies - 02 Apr, 2024
A Citi report dated April 1 highlights the focus on margin trajectory for top IT companies in the upcoming results. The brokerage has revised down target prices of most IT firms and given a neutral rating to Infosys Ltd. and HCL Technologies Ltd., while the rest are rated sell.
Wipro Collaborates with IISc for AI Course; Rated Underweight by Morgan Stanley - 01 Apr, 2024
Wipro has partnered with the Indian Institute of Science to offer an online Masters in Technology course in AI for its eligible employees. However, Morgan Stanley has rated Wipro as underweight with a target price of Rs 450.
Wipro Commits to Upskilling Employees in AI - 28 Mar, 2024
Wipro is investing in expanding its AI capabilities through skill-building by offering online Masters in Technology courses and training curriculum for employees to learn AI, machine learning, and GenAI. The company has committed $1 billion to advance its AI capabilities over the next three years.
GE Healthcare's India Unit to Invest Rs 8,000 Crore in Wipro JV - 27 Mar, 2024
GE Healthcare's India unit plans to invest Rs 8,000 crore over the next five years to strengthen its position in GE Healthcare's global supply chain. The investment will be made in Wipro GE Healthcare, a joint venture with Wipro Ltd where GE holds a majority stake of 51%.
Wipro Invests in Local Manufacturing and R&D Initiatives - 26 Mar, 2024
Wipro GE Healthcare announces an investment of over Rs 8,000 crore in India for local manufacturing and research and development initiatives. Wipro also promotes several employees to senior VP and VP roles.
Wipro Promotes Employees Amid Senior-Level Attrition - 23 Mar, 2024
Wipro has promoted 30 employees to various leadership roles, including six to SVP roles, amid a series of high-profile exits. The company is committed to developing strong internal leaders. An article analyzes Wipro's sound financials, including its ROE, earnings growth, and efficient use of profits.
Fundamentals of Wipro Ltd
Insights help you understand the recent movement of the company's critical parameters, giving you an overall view of the company.
FII Holding Up
Foreign Institutions have increased holdings from 6.70% to 6.81% in Jan 2024 quarter
Profit Spike
Netprofit is up for the last 2 quarters, 2.64K Cr → 2.69K Cr (in ₹), with an average increase of 1.8% per quarter
MF Holding Up
Mutual Funds have increased holdings from 3.17% to 3.29% in Jan 2024 quarter
Against Peers
In the last 3 years, HCL Technologies Ltd has given 48.5% return, outperforming this stock by 53.7%
Promoter Holding Unchanged
Promoters holdings remained unchanged at 72.90% of holdings in Jan 2024 quarter
Against Peers
In the last 1 year, HCL Technologies Ltd has given 38.9% return, outperforming this stock by 17.0%
Price Dip
In the last 7 days, WIPRO stock has moved down by -4.8%
Retail Holding Down
Retail Investor have decreased holdings from 9.78% to 9.75% in Jan 2024 quarter
Revenue Fall
Revenue is down for the last 5 quarters, 23.87K Cr → 22.80K Cr (in ₹), with an average decrease of 1.1% per quarter
Wipro Ltd in the last 5 years
Lowest (9.72x)
March 19, 2020
Today (21.29x)
April 16, 2024
Industry (37.11x)
April 16, 2024
Highest (32.89x)
September 6, 2021
Funds | Holdings |
Mirae Asset Large & Midcap Fund Direct Plan Growth | 1.53% |
Tata Digital India Fund Direct Growth | 4.98% |
Mirae Asset ELSS Tax Saver Fund -Direct Plan-Growth | 1.59% |
Mirae Asset Large Cap Fund Direct Plan Growth | 0.74% |
SBI Long Term Equity Fund Direct Growth | 1.27% |
Investors | Holdings % | Prev. 1 periods | 3M change |
---|---|---|---|
Promoter Holdings | 72.9% | 0.00 | |
Foreign Institutions | 6.81% | 0.00 | |
Mutual Funds | 3.29% | 0.00 | |
Retail Investors | 9.75% | 0.00 | |
Others | 7.25% | 0.00 |
Technicals of Wipro Ltd share
News & Events of Wipro Ltd
News
three lessors of spicejet have filed insolvency pleas against the airline over a total default of ₹77 crore the national company law tribunal nclt issued notice... Read more
18 Apr, 2024 06:22 PMThe tribunal told the parties that such issues should be put to paper and directed the airline to file its response to the plea in two weeks
18 Apr, 2024 07:05 PMSpiceJet: सेलेस्टियल एविएशन, विलिस लीज फाइनैंस, एयरकैसल और विलमिंग्टन ने भी बकाया भुगतान के लिए 2023 में स्पाइसजेट के खिलाफ याचिकाएं दायर की थीं।
18 Apr, 2024 11:08 PMWipro Ltd (WIPRO) share price today is ₹444.35
Wipro Ltd is listed on NSE
Wipro Ltd is listed on BSE
PE Ratio of Wipro Ltd is 21.29
PE ratio = Wipro Ltd Market price per share / Wipro Ltd Earnings per share
Today’s traded volume of Wipro Ltd(WIPRO) is 1.10Cr.
Today’s market capitalisation of Wipro Ltd(WIPRO) is ₹234274.73Cr.
Wipro Ltd(WIPRO | Price |
---|---|
52 Week High | ₹545.9 |
52 Week Low | ₹352 |
Wipro Ltd(WIPRO) share price is ₹444.35. It is down -18.60% from its 52 Week High price of ₹545.9
Wipro Ltd(WIPRO) share price is ₹444.35. It is up 26.24% from its 52 Week Low price of ₹352
Wipro Ltd(WIPRO | Returns |
---|---|
1 Day Returns | -4% |
1 Month Returns | -12.12% |
3 Month Returns | -7.11% |
1 Year Returns | 21.87% |