Wipro Ltd.
Share Price Target & Analysis
NSE:WIPRO
VWAP
Open
Close
High
Low
52 Week High
14.25 (2.56%)
WIPRO
(IT)Trending & Favourite
52 Week Low
EPS
PE
PB
Economical
Quality
Gold
Valuation
#Analysis
NSE: WIPRO Share Price Financial Analysis & Valuation
Wipro Ltd. (WIPRO) is broadly categorized in IT segment industry which deals in Computers - Software vertical.
It is one of Large Cap company with Market Capitalization of Rs 297565 (in Cr). Total number of free float shares are 450.3 (in Lacs).
Wipro Ltd. is listed on NSE with Exchange ID - INE075A01022 and trading code is NSE:WIPRO with short name Wipro.
Wipro Ltd. is a most liquid value blue chip company and also listed in TOP 20 Valuation Picks of NSE. WIPRO is having low PE (Price to Earning), low PB (Price to Book) and high DY (Dividend Yield).
Wipro Ltd. is good enough to Outperformed the market. WIPRO gives better return on an investment after adjusting for market-related volatility and random fluctuations as compared to market.
Wipro Ltd. is also traded in Future & Options (Derivative segment of NSE).
In the past 1 year, Wipro Ltd. has declared an equity dividend of Rs 1 per share. At the current share price of WIPRO at Rs 571.40, this results in a dividend yield of 0.18 %.
As per the Fundamental Analysis of NSE:WIPRO, which uses revenues, earnings, future growth, financial ratios, return on equity, profit margins, and other data to determine WIPRO underlying value and future prospects. All of this data is available in WIPRO financial statements.
Quality of the Stock: As per the fundamental analysis of NSE:WIPRO, it is clearly understood that WIPRO is Economical performer in terms of earnings and profit margins with an EPS of 18.27. NSE:WIPRO book value per share as of today is 110.45. The current price to book ratio for WIPRO as of Nov 23, 2024 is 5.17.
Valuation of the Stock: The current valuation of WIPRO stock is like Gold which means currently the stock is Overpriced. Now, it's totally depends upon the risk appetite of an investor and risk-reward ratio of WIPRO whether to BUY this stock at current valuation. The delivery percentage of WIPRO is 42.84% is very crucial parameter which shows that 42.84% investors are anticipating that the price of WIPRO share should go up with VWAP at 569.09.
Now, the main question is whether to BUY or SELL, NSE:WIPRO at current valuation.
As per latest Analysis No. #4595:-
⇑ STRONG BUY WIPRO if All Greens
⇗ BUY WIPRO (at Lower Levels) if any 2 Greens
⇒ NEUTRAL or HOLD WIPRO (With Stop Loss) if only 1 Green
⇘ SELL WIPRO if NO Green Indicator
NSE: WIPRO Share Price Today (Nov 23, 2024)
(Wipro Ltd. Daily Analysis on the basis of WIPRO Intraday Graph & Trend)
Wipro Ltd. share price moved Up by 2.56% from its previous close of Rs 557.15. WIPRO stock last traded price is 571.40. WIPRO share price trend is Up with a total of 7365560 stocks traded till now. It has touched an intraday high of Rs 573.6 and an intraday low of Rs 557.9. The WIPRO trading at 571.40, Up by Rs. 14.25, or 2.56 percent which suggests that most of the Traders are anticipating that the price of WIPRO share should go Up.
NSE: WIPRO Share Price Tomorrow Prediction
(Wipro Ltd. Share Price Prediction for Tomorrow & future forecast is based on Current Trend of WIPRO)
Wipro Ltd. share price moved Up by 2.56%. WIPRO share price short term trend is Up. It suggests that WIPRO Share Price for Tomorrow remains the same with VWAP at 569.09 will be treated as stop loss for intraday traders. Wipro Ltd. Long term investors can follow the WIPRO long term trend as mentiond in future forecast table.
NSE Code |
NSE: WIPRO |
WIPRO Share Price Today |
571.40 |
WIPRO Share Price Target Prediction for 2024 ^ |
469 - 586.1 |
WIPRO Share Price Target Prediction for 2025*^ |
586.1 - 624.4 |
WIPRO Share Price Target Prediction for 2026*^ |
624.4 - 668.1 |
WIPRO Share Price Target Prediction for 2027*^ |
702 |
WIPRO Share Price Target Prediction for 2028*^ |
722 |
WIPRO Share Price Target Prediction for 2030*^ |
786 |
WIPRO Current Book Value 2023 |
109.9 |
*Wipro Ltd. Short Term & Long Term share price target is based on current financial year earings of the company.
^WIPRO share price target prediction for 2024 2025 & 2026 to 2030 is based on current market scenario, future forecast & growth assumptions, they might change subject to market sentiments.
WIPRO Technical Analysis
Candlestick Pattern: @566.7MA | Simple | Action S1 | Expo | Action E2 |
---|---|---|---|---|
MA_5 | 569.77 | SELL | 567.28 | SELL |
MA_12 | 560.87 | BUY | 561.37 | BUY |
MA_20 | 556.48 | BUY | 557.05 | BUY |
MA_32 | 547.34 | BUY | 550.55 | BUY |
MA_50 | 543.15 | BUY | 544.69 | BUY |
MA_100 | 533.11 | BUY | 532.85 | BUY |
MA_200 | 507.63 | BUY | 506.23 | BUY |
Trend Oscillators | Value | Action |
---|---|---|
Bollinger Bands | 556.48 | Uptrend |
MACD | 1.1 | BUY |
ADX | 18.12 | NO or Weak Trend |
DMI (+/-) | 27.16 / 16.64 | Uptrend |
Momentum Oscillators | Value | Action |
---|---|---|
RSI | 58.91 | Neutral |
STOCHASTIC_K (Fast) | 22.81 | Neutral |
STOCHASTIC_D (Slow) | 51.24 | Neutral |
CCI | 58.38 | Neutral |
PSAR | 540.64 | BUY |
TRUE RANGE | 10.35 | Neutral |
ATR | 13.65 | Neutral |
WILLIAMS R | -33.67 | Neutral |
TRIX | 0 | Neutral |
STOCHASTIC RSI K | 0 | Oversold |
STOCHASTIC RSI D | 24.7 | Neutral |
MOMENTUM | 34.55 | BUY |
Duration | Value |
---|---|
1 Year | 48.18% |
3 Months | 15.54% |
1 Month | 6.49% |
1 Week | 0.59% |
Action | Overall (%) |
---|---|
BUY | 57% |
NEUTRAL / HOLD | 33% |
SELL | 10% |
Most popular Questions & Answers about WIPRO
Wipro Ltd. stock last traded price is 571.40. WIPRO share price moved Up by 2.56% from its previous close of Rs 557.15.
Wipro Ltd. share price trend is Up with a total of 7365560 stocks traded till now. It has touched an intraday high of Rs 589.032 and an intraday low of Rs 557.9. The WIPRO trading at 571.40, Up by Rs. 14.25, or 2.56 percent which suggests that most of the Traders are anticipating that the price of WIPRO share should go Up and the Stop Loss will be around 569.09.
The market cap of Wipro Ltd. is ₹297565 (in Cr) as of Nov 22, 2024.
The current price to earning ratio for Wipro Ltd. as of Nov 22, 2024 is 36.41.
The current price to book ratio for Wipro Ltd. as of Nov 22, 2024 is 5.17.
The highest price of Wipro Ltd. stock is ₹583.2 in the last 52-week.
The lowest price of Wipro Ltd. stock is ₹393.1 in the last 52-week.
Wipro Ltd. share trading at ₹571.40, Up by Rs. 14.25, or 2.56 percent which suggests that most of the traders are anticipating that the price of WIPRO share should go Up.
In 2023, Stock price target for Wipro Ltd. (WIPRO) are ₹469 on downside and ₹586.1 on upside. Wipro Ltd. share price target is based on current financial year earings of the company.
In 2024, Stock price target for Wipro Ltd. (WIPRO) are ₹586.1 on downside and ₹624.4 on upside. Wipro Ltd. share price target is based on forecasted future earnings of the company.
In 2025, Stock price target for Wipro Ltd. (WIPRO) are ₹624.4 on downside and ₹668.1 on upside. Wipro Ltd. share price target is based on Discounted Cash Flow (DCF) method uses the projected future cash flows of the business.
In next five years, Stock price target for Wipro Ltd. (WIPRO) will be around ₹722 Wipro Ltd. share price target is based on market scenario & growth assumptions, they might change subject to market sentiments and forecasted future earnings of WIPRO.
The price of Wipro Ltd. (WIPRO) shares moved by 2.56%. The short-term trend for WIPRO share price is Up. It implies that the share price of WIPRO will stay the same tomorrow and that intraday traders should treat VWAP at 569.09 as a stop loss. Investors with a long-term outlook can track WIPRO long-term trajectory, which is indicated in the future forecast table.
Estimated DCF Value of WIPRO stock is 219.1. Compared to the current market price of 571.40 INR, the WIPRO stock is Overvalued by 61.7%.
As per the fundamental analysis of Wipro Ltd. (WIPRO), it is of Economical quality in terms of earnings and profit margins with an EPS of 18.27. Wipro Ltd. book value per share as of today is 110.45. The current price to book ratio for WIPRO as of Nov 23, 2024 is 5.17.
NSE:WIPRO News & Other Useful Information about WIPRO Share Price
Peer Comparison of NSE: WIPRO
The Peers list includes companies operating in the same industry and having comparable market cap.
Sector: Computers - Software
Company | Price | EPS | BV |
---|---|---|---|
TCS | 4221.95 | 130.61 | 199.33 |
INFY | 1889.20 | 66.5 | 195.5 |
WIPRO | 571.40 | 18.27 | 110.45 |
HCLTECH | 1897.10 | 43.51 | 145.45 |
TECHM | 1744.10 | 29.96 | 236.78 |
LTI | 6149.30 | 125.6 | 651.6 |
MINDTREE | 3433.85 | 90.8 | 331.82 |
MPHASIS | 2884.90 | 78.74 | 302.96 |
TATAELXSI | 6586.45 | 131.16 | 402.31 |
PERSISTENT | 5796.25 | 63.3 | 309.41 |