Wipro Share Price Target 2024-2030 Today Update, Business Profile, Fundamentals & Quarterly Results

Wipro Limited is an Indian Information Technology Company which was before known as Western Indian Palm Treatment facility Oil and is settled in Bangalore. Today, wipro is a multinational IT consulting, business process services (BPS) provider. More than 240,000 people are employed by it, and its customer base spans more than 170 nations. This data proposes that this business foundation is deep rooted in the field of data innovation inside the country as well as around the world.

Wipro Share Price Target 2024-2030

Among the most dependable brands in India, lies Wipro along with its yearly reports on monetary record. Wipro Restricted has seen a reliable positive income development rate and huge net benefit increment. Wipro Restricted, prior known as Western Indian Palm Processing plant Oil, is an Indian Data Innovation Organization, settled in Bangalore. The Worldwide organization has clients across the globe in practically north of 170 nations and is utilizing in excess of 240,000 faculty.

Wipro Share Price Target Today Update

One of India’s most reputable brands is Wipro, as are its balance sheet annual reports. Wipro Limited has consistently reported a significant increase in net profit and a positive revenue growth rate over the past few years. Wipro Offer Costs too have been a reliable entertainer on the Public Stock Trade and financial backers have profited from their ventures over the course of the long periods of its exchanging on the stock trade. In this article, Financial backers will go through the elements influencing Wipro Offer Value Target 2025 and from now on.

Wipro Latest News

• Today’s opening price of Wipro shares was Rs 480 per share, down from Rs 484.95 on Monday, April 1, 2024.
• After reaching their 52-week high of Rs 545 on February 16, 2024, WIPRO NSE stocks have struggled to recover. In order to launch its new business unit, Wipro Limited hopes to collaborate with Nutanix, a hybrid multi-cloud computing company.
• The goal of this partnership is to combine the Wipro FullStride Cloud expertise with the Nutanix Cloud Platform in order to offer potential customers better joint solution engineering solutions.
• n March 2023, Wipro Limited constructed the first American International headquarters Tower in Middlesex County, New Jersey.

Wipro Business Profile

Wipro Ltd offers IT benefits and counseling, being the fourth biggest player in worldwide IT administrations reevaluates that country behind TCS, Infosys and HCL Advancements. The IT services offered by the company are organized into two global business lines.

IT Products Segment

In all key areas, for example, government, guard, fabricating, IT, telecom, utilities, schooling and monetary administrations, the organization offers IT items rather than selling them as independent ones.It gives its contributions in all significant enterprises like government, protection, producing, IT, telecom, utilities, training and monetary help areas.

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ISRE Segment

The portion contains IT administration contributions to the divisions or services of the Public authority of India, the state legislatures and to corporate elements that are both greater part and minority held by the GoI. Its center is key counseling and computerized commitment, accordingly it’s extremely specific with regards to offering for SI projects with extended working capital cycles.Client Profile

Acquisition

Wipro obtained The Capital Business sectors Organization (CAPCO) for about $1.5 billion. The organization is a worldwide innovation and the board consultancy that works in helping computerized change inside the monetary administrations area.

Wipro Fundamentals & Quarterly Results

Market Cap	₹2,29,094 Cr.
Current Price	₹438
High / Low	₹546 / ₹375
Stock P/E	20.7
Book Value	₹143
Dividend Yield	0.23%
ROCE	17.2%
ROE	14.5%
Face Value	₹2.00
Debt to Equity	0.22
Debt Capacity	0.30
Debt (preceding year)	₹17,467 Cr.
Debt	₹16,465 Cr.
Reserves	₹73,488 Cr.
EPS	₹21.1
EPS (last year)	₹21.1
Pledged Percentage	0.00%
FCF (Previous Year)	₹11,631 Cr.
EV/EBITDA	12.2
Industry PE	29.2
PEG Ratio	4.97
Piotroski Score	8.00
Earnings Yield	6.77%
Sales Growth (5 Years)	8.75%

Wipro Quarterly Results

Quarter	Dec 2021	Mar 2022	Jun 2022	Sep 2022	Dec 2022	Mar 2023	Jun 2023	Sep 2023	Dec 2023	Mar 2024
Sales	20,315	20,861	21,529	22,540	23,229	23,190	22,831	22,516	22,205	22,208
Expenses	16,134	16,724	17,671	18,608	18,690	18,671	18,627	18,546	18,007	17,828
Operating Profit	4,181	4,136	3,858	3,932	4,539	4,519	4,204	3,970	4,198	4,381
OPM %	21%	20%	18%	17%	20%	19%	18%	18%	19%	20%
Other Income	484	502	472	512	649	632	640	740	598	653
Interest	140	172	204	227	290	286	309	303	312	331
Depreciation	746	734	774	797	923	847	738	897	932	840
Profit before tax	3,779	3,732	3,352	3,420	3,975	4,018	3,798	3,509	3,552	3,862
Tax %	21%	17%	24%	23%	23%	23%	24%	24%	24%	26%
Net Profit	2,972	3,092	2,559	2,649	3,065	3,094	2,886	2,667	2,701	2,858
EPS (₹)	5.42	5.63	4.68	4.85	5.56	5.60	5.23	5.07	5.16	5.42

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CAGR Report

Compounded Sales Growth
10 Years	8%
5 Years	9%
3 Years	13%
TTM	-1%
Compounded Profit Growth
10 Years	4%
5 Years	4%
3 Years	1%
TTM	-3%
Stock Price CAGR
10 Years	9%
5 Years	9%
3 Years	-7%
1 Year	8%
Return on Equity
10 Years	18%
5 Years	17%
3 Years	17%
Last Year	15%

Wipro Shareholding Pattern

Metric	Mar 2017	Mar 2018	Mar 2019	Mar 2020	Mar 2021	Mar 2022	Mar 2023	Mar 2024
Promoters	73.25%	74.32%	73.85%	74.04%	73.02%	73.00%	72.92%	72.89%
FIIs	10.96%	10.09%	8.93%	8.45%	9.21%	8.12%	6.38%	6.96%
DIIs	5.77%	5.78%	6.50%	7.02%	6.16%	3.24%	8.01%	8.28%
Public	9.45%	9.30%	10.26%	10.09%	11.25%	15.37%	12.51%	11.76%
Others	0.56%	0.51%	0.45%	0.40%	0.35%	0.27%	0.18%	0.11%
No. of Shareholders	2,41,154	2,69,694	3,30,074	5,11,881	8,18,539	19,34,986	26,91,329	23,97,648

Wipro Share Price Target 2024-2030 Forecast

Wipro Share Price Target	Price
2024	₹536.13
2025	₹636.15
2026	₹680.23
2027	₹633.90
2028	₹673.70
2029	₹699.10
2030	₹776.14

Wipro Share Price Target 2025

Wipro Share Price Target 2025	Price
January 2025	₹567.10
February 2025	₹569.10
March 2025	₹578.20
April 2025	₹583.20
May 2025	₹589.15
June 2025	₹595.10
July 2025	₹599.20
August 2025	₹608.30
September 2025	₹619.35
October 2025	₹627.40
November 2025	₹631.40
December 2025	₹636.15

Wipro Share Price Target 2026

Wipro Share Price Target 2026	Price
January 2026	₹638.60
February 2026	₹640.65
March 2026	₹643.70
April 2026	₹647.75
May 2026	₹652.80
June 2026	₹656.90
July 2026	₹659.00
August 2026	₹663.30
September 2026	₹666.35
October 2026	₹669.40
November 2026	₹673.40
December 2026	₹680.23

Wipro Share Price Target 2027

Wipro Share Price Target 2027	Price
January 2027	₹681.60
February 2027	₹653.65
March 2027	₹648.70
April 2027	₹632.75
May 2027	₹636.80
June 2027	₹639.90
July 2027	₹634.00
August 2027	₹637.30
September 2027	₹639.35
October 2027	₹634.40
November 2027	₹638.40
December 2027	₹633.90

Wipro Share Price Target 2028

Wipro Share Price Target 2028	Price
January 2028	₹625.20
February 2028	₹628.30
March 2028	₹634.00
April 2028	₹640.60
May 2028	₹641.65
June 2028	₹645.60
July 2028	₹651.74
August 2028	₹656.50
September 2028	₹659.00
October 2028	₹664.70
November 2028	₹669.55
December 2028	₹673.70

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Wipro Share Price Target 2029

Wipro Share Price Target 2029	Price
January 2029	₹674.10
February 2029	₹676.20
March 2029	₹678.20
April 2029	₹668.60
May 2029	₹681.65
June 2029	₹684.60
July 2029	₹687.44
August 2029	₹689.50
September 2029	₹692.60
October 2029	₹694.70
November 2029	₹696.90
December 2029	₹699.10

Wipro Share Price Target 2030

Wipro Share Price Target 2030	Price
January 2030	₹700.10
February 2030	₹709.20
March 2030	₹715.40
April 2030	₹719.60
May 2030	₹726.65
June 2030	₹734.80
July 2030	₹745.00
August 2030	₹751.30
September 2030	₹759.60
October 2030	₹768.70
November 2030	₹771.90
December 2030	₹776.14

Points Before investing in Wipro Stock

• The most prominent players in the industry, such as Infosys Limited and Tata Consultancy Services, are Wipro’s only rivals.
• This drafts Wipro Limited into a tight zone around its partners in the market as the opposition could be merciless for its representatives to outflank one another.
• Wipro, on the other hand, has been in business for four decades, so it has come a long way to become one of the world’s leading information technology companies.
• Financial backers might accept this as an issue of conviction for the Wipro Limited organization, given the way that Wipro’s Monetary Reports and stock’s past presentation have been on the positive side of the direction in its earlier years.
• Sandeep Pandey, a specialist from Basav Capital, trained that drawn out financial backers ought to hope to ”Purchase” enormous cap stocks, for example, Wipro Offers, TCS Offers and Infosys Offers, as these stocks might outperform mid-cap and little cap stocks in future. When compared to Wipro Ltd.’s revenue of Rs 790.93 Billion in FY 2022, Wipro’s revenue in FY 2023 is Rs 904.88 Billion, an increase of 14.41 percent.
• This shows ordinary and strong business blooming for the Wipro Restricted organization.

Final Words

Wipro Share Price History shows a persevering and dependable stock for financial backers on the stock trade. Wipro Restricted shares on the National Stock Trade on February twelfth, 1999 were at a Rs 27 for every offer selling cost. From that point forward, the Wipro Offer Cost has jumped by 3,390% on the stock trade. Investors’ confidence in WIPRO NSE stock is expected to be bolstered by the Wipro Share Price Target 2025, which indicates a great opportunity for them to earn a high return on their investment.