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Wipro Ltd.
Share Price Target & Analysis

NSE:WIPRO

457.47

VWAP

460.40

Open

457.4

Close

462.00

High

453.20

Low

545.90

52 Week High

457.35 ⇩
-0.05 (-0.01%)

WIPRO

(IT)
46.8% Momentum

Turnaround Potential

375.05

52 Week Low

17.45

EPS

31.40

PE

3.81

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 457.35, this results in a dividend yield of 0.22 %.

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 17.45. NSE:WIPRO book value per share as of today is 120.01. The current price to book ratio for WIPRO as of May 04, 2024 is 3.81.

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 34.08% is very crucial parameter which shows that 34.08% investors are anticipating that the price of WIPRO share should go up with VWAP at 457.47.

Now, the main question is whether to BUY or SELL, NSE:WIPRO at current valuation.
As per latest Analysis No. #3997:-

⇑ 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 (May 04, 2024)

(Wipro Ltd. Daily Analysis on the basis of WIPRO Intraday Graph & Trend)

Wipro Ltd. share price moved Down by -0.01% from its previous close of Rs 457.4. WIPRO stock last traded price is 457.35. WIPRO share price trend is Down with a total of 4865313 stocks traded till now. It has touched an intraday high of Rs 462.00 and an intraday low of Rs 453.20. The WIPRO trading at 457.35, Down by Rs. -0.05, or -0.01 percent which suggests that most of the Traders are anticipating that the price of WIPRO share should go Down.

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 Down by -0.01%. WIPRO share price short term trend is Down. It suggests that WIPRO Share Price for Tomorrow remains the same with VWAP at 457.47 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

 457.35

WIPRO Share Price Target Prediction for 2024 ^

 393.2 - 488.5

WIPRO Share Price Target Prediction for 2025*^

 488.5 - 584.4

WIPRO Share Price Target Prediction for 2026*^

 584.4 - 625.3

WIPRO Share Price Target Prediction for 2027*^

 657

WIPRO Share Price Target Prediction for 2028*^

 675

WIPRO Share Price Target Prediction for 2030*^

 736
WIPRO Current Book Value 2023
119.4

*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: @462.95

WIPRO Moving Averages

BUY (5) NEUTRAL (0) SELL (9)
MA Simple Action S1 Expo Action E2
MA_5 462.11 BUY 461.98 BUY
MA_12 461.63 BUY 464.61 SELL
MA_20 469.15 SELL 469.55 SELL
MA_32 482.78 SELL 477.1 SELL
MA_50 496.47 SELL 479.96 SELL
MA_100 485.68 SELL 474.73 SELL
MA_200 442.75 BUY 452.74 BUY

WIPRO Trend Oscillators

BUY (2) NEUTRAL (0) SELL (2)
Trend Oscillators Value Action
Bollinger Bands 469.15 Downtrend
MACD 1.04 BUY
ADX 33.05 Strong Trend
DMI (+/-) 20.42 / 26.56 Downtrend

WIPRO Momentum Oscillators

BUY (2) NEUTRAL (9) SELL (1)
Momentum Oscillators Value Action
RSI 41.45 Neutral
STOCHASTIC_K (Fast) 42.86 Neutral
STOCHASTIC_D (Slow) 64.04 Neutral
CCI 2.03 Neutral
PSAR 437.78 BUY
TRUE RANGE 6.4 Neutral
ATR 11.03 Neutral
WILLIAMS R -52.47 Neutral
TRIX 0 Neutral
STOCHASTIC RSI K 74.06 Neutral
STOCHASTIC RSI D 90.42 Overbought
MOMENTUM -16.9 SELL

WIPRO Last 1 Year Trend

Duration Value
1 Year 23.24%
3 Months -3.14%
1 Month -3.52%
1 Week 0.21%

WIPRO Technical Analysis Summary

Updated on 2024-04-29
Action Overall (%)
BUY 30%
NEUTRAL / HOLD 30%
SELL 40%

Most popular Questions & Answers about WIPRO


Wipro Ltd. stock last traded price is 457.35. WIPRO share price moved Down by -0.01% from its previous close of Rs 457.4.

Wipro Ltd. share price trend is Down with a total of 4865313 stocks traded till now. It has touched an intraday high of Rs 551.359 and an intraday low of Rs 453.20. The WIPRO trading at 457.35, Down by Rs. -0.05, or -0.01 percent which suggests that most of the Traders are anticipating that the price of WIPRO share should go Down and the Stop Loss will be around 457.47.

The market cap of Wipro Ltd. is ₹297565 (in Cr) as of May 03, 2024.

The current price to earning ratio for Wipro Ltd. as of May 03, 2024 is 31.40.

The current price to book ratio for Wipro Ltd. as of May 03, 2024 is 3.81.

The highest price of Wipro Ltd. stock is ₹545.90 in the last 52-week.

The lowest price of Wipro Ltd. stock is ₹375.05 in the last 52-week.

Wipro Ltd. share trading at ₹457.35, Down by Rs. -0.05, or -0.01 percent which suggests that most of the traders are anticipating that the price of WIPRO share should go Down.

In 2023, Stock price target for Wipro Ltd. (WIPRO) are ₹393.2 on downside and ₹488.5 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 ₹488.5 on downside and ₹584.4 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 ₹584.4 on downside and ₹625.3 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 ₹675 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.

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 17.45. Wipro Ltd. book value per share as of today is 120.01. The current price to book ratio for WIPRO as of May 04, 2024 is 3.81.


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 3843.40 120.39 199.33
INFY 1416.30 65.61 163.21
WIPRO 457.35 17.45 120.01
HCLTECH 1348.05 43.02 145.45
TECHM 1250.45 21.79 254.13
LTI 4651.95 125.6 540.21
MINDTREE 3433.85 90.8 331.82
MPHASIS 2291.90 76.59 265.28
TATAELXSI 7111.75 127.25 402.34
PERSISTENT 3366.85 64.07 294.03
Updated at: 03 May 2024 15:59

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