Wipro Limited was once known as Western Indian Palm Refinery Oil, and it has its headquarters in Bangalore. It’s an information technology corporation based in India. The international company has around 240,000 employees and clients in over 170 countries worldwide. These figures show how business acumen is applied in both the Indian and global information technology sectors.
Wipro’s annual balance sheet reports are considered reliable in India, which makes it one of the most respected brands. Over the past few years, Wipro Limited has consistently recorded a positive rate of increase in sales and a noticeable rise in net profit.
Investors have benefited from their investments in Wipro Share Prices during the years of the stock exchange’s trading; these prices have also regularly done well on the National Stock Exchange.
In this essay, investors will discuss the factors impacting Wipro Share Price Target 2025 and beyond. We will guide you through the risk factors related to the Wipro Share Price Prediction 2025 in the tables that follow.
Wipro Latest News
The cost of Wipro’s stock The share price today opened at Rs 480, down from Monday, April 1, 2024’s closing price of Rs 484.95. WIPRO NSE stocks have had significant volatility after hitting a 52-week high of Rs 545 on February 16, 2024.
Together, Nutanix, a provider of hybrid multi-cloud computing, and Wipro Limited want to launch their new business unit. Through this cooperation, superior joint solution engineering solutions will be offered to potential clients in the market by combining the Nutanix Cloud Platform and Wipro FullStride Cloud experience.
In the Middlesex County, New Jersey, region, Wipro Limited opened its first American worldwide headquarters tower in March 2023.
Year | Maximum Target | MinimumTarget |
2021 | Rs 715.00 | Rs 388.00 |
2022 | Rs 715.60 | Rs 377.10 |
2023 | Rs 462.25 | Rs 383.50 |
(This prediction is based upon our understanding seeing the history of the above stock, expert advice is critical before making any investment-related commitment)
Wipro Share Price Target 2024
Month (2024) | Maximum Target | MinimumTarget |
January | Rs – | Rs – |
February | Rs – | Rs – |
March | Rs 510.90 | Rs 430.87 |
April | Rs 521.90 | Rs 432.90 |
May | Rs 537.81 | Rs 442.19 |
June | Rs 542.26 | Rs 447.22 |
July | Rs 557.10 | Rs 452.92 |
August | Rs 562.90 | Rs 456.07 |
September | Rs 570.99 | Rs 463.05 |
October | Rs 587.17 | Rs 465.92 |
November | Rs 591.03 | Rs 472.87 |
December | Rs 602.62 | Rs 478.00 |
(This prediction is based upon our understanding seeing the history of the above stock, expert advice is critical before making any investment-related commitment)
Wipro Share Price Target 2025
Month (2025) | Maximum Target | MinimumTarget |
January | Rs 613.13 | Rs 480.89 |
February | Rs 626.06 | Rs 485.54 |
March | Rs 630.00 | Rs 491.80 |
April | Rs 641.91 | Rs 495.04 |
May | Rs 657.05 | Rs 501.16 |
June | Rs 663.60 | Rs 508.03 |
July | Rs 675.51 | Rs 513.86 |
August | Rs 682.00 | Rs 519.00 |
September | Rs 693.42 | Rs 522.76 |
October | Rs 706.12 | Rs 526.74 |
November | Rs 718.22 | Rs 535.90 |
December | Rs 726.00 | Rs 540.91 |
(This prediction is based upon our understanding seeing the history of the above stock and its prospects, an investor is advised to seek expert advice before making any investment-related commitment
Wipro Share Price Target 2026 to wipro share price in 2030
Year | Maximum Target | Minimum Target |
---|---|---|
2026 | Rs 850.02 | Rs 590.70 |
2027 | Rs 1,027.09 | Rs 654.87 |
2028 | Rs 1,168.10 | Rs 709.85 |
2029 | Rs 1,310.00 | Rs 771.80 |
2030 | Rs 1,480.05 | Rs 824.95 |
2040 | Rs 2,200.00 | Rs 1,100.00 |
(This prediction is based upon our understanding seeing the history of the above stock, expert advice is critical before making any investment-related commitment
Wipro: NSE Financials 2023
Wipro Market Capitalisation: 13,957.21 Crores INR
Wipro Reserves and Long-Term Borrowings: 61,101.50 Cr INR and 00.00 Cr INR (March 2023) Respectively
Wipro 52 Week High-Low: Rs 545.90 – Rs 352.00
Revenue | 904.88 Billion INR | 14.14% YOY |
Operating expense | 124.18 Billion INR | 22.56% YOY |
Net Income | 113.50 Billion INR | -7.71% YOY |
Net Profit Margin | 12.54 | -18.83% YOY |
Earnings Per Share | 20.68 | -7.22% |
EBITDA | 162.13 Billion INR | 2.65% |
Effective Tax Rate | 23.02% | |
Total Assets | 1.18 Trillion INR | 8.25% YOY |
Total Liabilities | 394.07 Billion INR | -6.29% YOY |
Total Equity | 781.75 Billion INR | |
Return on assets | 7.50% | |
Return on Capital | 9.44% | |
P/E Ratio | 22.99 | |
Dividend Yield | 0.21% |
Wipro Ltd Shareholding Pattern
- Promoters: 72.9%
- FII: 6.7%
- DII: 10.5%
- Public: 9.79%
Wipro Ltd Competitors (Market Cap: 251,507.10 crores INR
- TCS Market Cap: 1,405,988.81 crores INR
- Infosys Market Cap: 616,113.26 crores INR
- HCL Tech Market Cap: 420,618.09 crores INR
- LTIMindtree Market Cap: 144,736.52 crores INR
Points to consider before investing in Wipro Stock
Wipro’s competitors are the market leaders, such as Tata Consultancy Services and Infosys Limited. Wipro Limited finds itself in a challenging position in comparison to its competitors in the market because of the possibility of intense competition among its employees to outperform one another. Even yet, Wipro has come a long way to be regarded as one of the top information technology companies in the world in just four decades. Considering that Wipro has historically produced optimistic financial reports and stock performance, investors may consider this to be a matter of belief for the Wipro Limited business.
Sandeep Pandey, an expert at Basav Capital, suggests that long-term investors “buy” large-cap stocks like Wipro, TCS, and Infosys shares because they have the potential to beat mid-cap and small-cap stocks in the future.
In comparison to Wipro Ltd.’s revenue of Rs 790.93 billion for the fiscal year 2022, Wipro’s revenue for the fiscal year 2023 is Rs 904.88 billion, a 14.41% increase. This implies that Wipro Limited is seeing steady and robust business growth.
Even still, Wipro Limited’s net income for the 2023 fiscal year was Rs 113.50 billion, down -7.11% from the previous fiscal year’s Rs 122.19 billion. Wipro Limited has reported negative net income for the first time in five years.
January 1, Wipro Share Price target 2022 , at Rs 715 per share, positioning the company as one of India’s top three IT companies. However, the WIPRO NSE stock has been declining ever then, and it is currently trading at Rs 481 per share on the stock exchange. The projected range for Wipro’s share price in 2022 was Rs 715 to Rs 383; for 2021, the lowest price was Rs 715 to Rs 388.
Conclusion
Investors using the Wipro Share Price History can identify a dependable and durable stock on the stock exchange. On February 12, 1999, shares of Wipro Limited were sold for Rs 27 apiece on the National Stock Exchange. The price of Wipro’s shares on the stock exchange has increased by 3,390% since then. According to the Wipro Share Price Target 2025, investors have a great chance to earn a sizable return on their investment, which is expected to boost investor confidence in WIPRO NSE stock.
Although the stock has dropped from its peak price of Rs 715 per share in 2022 to Rs 481 per share, it is still up 83% from the Rs 284 per share Wipro share price on April 19, 2019.
The price of Wipro’s shares saw another ups and downs in 2023; on September 15, it rose to Rs 441 per share, but on November 3, it fell to Rs 381 per share. Investors must therefore investigate market volatility and conduct a comprehensive evaluation of stock risks. Putting one’s hard-earned money into the stock market is a dangerous endeavor. Before making any commitment to the stock exchange, India Property Dekho suggests consulting a knowledgeable advisor.