Wipro Share Price Target 2024, 2025, 2026, 2030
Wipro share price target: In this article, we will examine Wipro’s current operations, including its profitability, growth potential and other information.
Wipro is India’s largest software company, and it is a blue chip stock.
The company provides IT services, outsourcing of business processes and consulting to customers around the globe.
Services include digital transformation, strategy and operations, as well technology platforms, infrastructure and cybersecurity.
This article will discuss the Share Price Target for Wipro. The company is a great investment on the long-term. The company has good growth potential.
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Wipro Overview:
75 Years – A Story of Transformation
Wipro is older than independent India. It was founded in 1945, after World War II. It grew from a family-run traditional business to a global, professional corporation with a diversified product line, admired for its integrity.
I. Introduction
- Briefly introduce Wipro as a leading global information technology company
- Mention the importance of share price targets for investors
- Highlight the focus of the blog post on Wipro’s share price target for 2024
II. Overview of Wipro’s current position
- Provide a summary of Wipro’s current market position and financial performance
- Discuss key factors that have influenced Wipro’s share price in recent years
- Highlight any notable achievements or challenges faced by the company
III. Analysis of Wipro’s growth prospects
- Evaluate Wipro’s business strategies and their potential impact on future growth
- Discuss emerging trends in the technology industry and their relevance to Wipro
- Analyze Wipro’s ability to adapt to market changes and capitalize on new opportunities
IV. Factors influencing Wipro’s share price target for 2024
- Examine macroeconomic factors that may impact Wipro’s share price in the long term
- Discuss industry-specific factors that could affect Wipro’s growth trajectory
- Highlight any regulatory or geopolitical risks that may impact Wipro’s share price
V. Expert opinions and forecasts
- Compile and summarize insights from industry analysts and experts regarding Wipro’s share price target for 2024
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1. Market Cap Overview: Wipro Share price target:
The current market capitalization is Rs. 2,20,677 crore. The market capitalization is the total value of all shares outstanding in the market. Calculated by multiple current stock prices with total outstanding shares. This metrix can be used to determine the size and market state of a business.
2. Current Price and its Significance
At ₹ 423, the current price reflects the market’s valuation of the company’s stock at the present moment. It’s influenced by various factors such as market sentiment, company performance, and industry trends.
3. 52-week High/Low and their implications
The 52-week high and low, at ₹ 477 and ₹ 352 respectively, depict the highest and lowest prices at which the stock traded over the past year. Investors often use these figures to gauge a stock’s volatility and potential price range.
4. Stock P/E Ratio
The Price-to-Earnings ratio stands at 19.0, indicating the valuation placed on the company’s earnings. A higher P/E ratio might imply that investors expect higher earnings growth in the future.
5. Book Value and its relevance
Book Value, at ₹ 133, signifies the net asset value of a company per share. It’s calculated by subtracting liabilities from assets and is a key metric for value investors.
6. Dividend Percentage
The dividend percentage, at 0.24%, represents the portion of earnings that a company distributes to its shareholders as dividends.
| Serial No. | Financial Metric | Value |
| 1 | Market Cap | ₹ 2,20,677 Cr. |
| 2 | Current Price | ₹ 423 |
| 3 | 52-week High | ₹ 444 |
| 4 | 52-week Low | ₹ 352 |
| 5 | Stock P/E | 19.0 |
| 6 | Book Value | ₹ 133 |
| 7 | Dividend | 0.24 % |
| 8 | ROCE | 17.7 % |
| 9 | ROE | 15.9 % |
| 10 | Face Value | ₹ 2.00 |
| 11 | P/B Value | 3.18 |
| 12 | OPM | 18.8 % |
| 13 | EPS | ₹ 21.5 |
| 14 | Debt | ₹ 17,918 Cr. |
| 15 | Debt to Equity | 0.26 |
Wipro Share Price Prediction 2024 – 2050:
Let’s take a look at the future price targets of Wipro shares in the next few years to gain a better insight into the performance of the market.
These targets suggest that the share price may rise in the future.
Investors should consider the risks involved and the current market conditions when making investment decisions.
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Wipro Share Price Target 2024
| Serial No. | Target | Target 1 | Target 2 |
| 1 | January | ₹490 | ₹525 |
| 2 | February | ₹495 | ₹530 |
| 3 | March | ₹490 | ₹525 |
| 4 | April | ₹500 | ₹550 |
| 5 | May | ₹515 | ₹570 |
| 6 | June | ₹526 | ₹580 |
| 7 | July | ₹536 | ₹570 |
| 8 | August | ₹549 | ₹590 |
| 9 | September | ₹610 | ₹633 |
| 10 | October | ₹600 | ₹640 |
| 11 | November | ₹615 | ₹650 |
| 12 | December | ₹620 | ₹664 |
The table shows the target share price for 2024.
Wipro Share Price Target 2025:
| Serial No. | Target | Target 1 | Target 2 |
| 1 | January | ₹615 | ₹620 |
| 2 | February | ₹625 | ₹630 |
| 3 | March | ₹634 | ₹640 |
| 4 | April | ₹642 | ₹650 |
| 5 | May | ₹655 | ₹660 |
| 6 | June | ₹664 | ₹670 |
| 7 | July | ₹675 | ₹680 |
| 8 | August | ₹689 | ₹695 |
| 9 | September | ₹700 | ₹705 |
| 10 | October | ₹710 | ₹715 |
| 11 | November | ₹719 | ₹722 |
| 12 | December | ₹728 | ₹735 |
Wipro Share Price Target 2026:
| Serial No. | Month | Target |
| 1 | January | ₹742 |
| 2 | February | ₹755 |
| 3 | March | ₹765 |
| 4 | April | ₹771 |
| 5 | May | ₹786 |
| 6 | June | ₹795 |
| 7 | July | ₹800 |
| 8 | August | ₹815 |
| 9 | September | ₹824 |
| 10 | October | ₹834 |
| 11 | November | ₹842 |
| 12 | December | ₹855 |
Wipro Share Price Target 2027:
| Serial No. | Month | Target |
| 1 | January | ₹862 |
| 2 | February | ₹872 |
| 3 | March | ₹885 |
| 4 | April | ₹900 |
| 5 | May | ₹922 |
| 6 | June | ₹931 |
| 7 | July | ₹942 |
| 8 | August | ₹951 |
| 9 | September | ₹961 |
| 10 | October | ₹975 |
| 11 | November | ₹986 |
| 12 | December | ₹1000 |
Wipro Share Price Target 2028:
| Serial No. | Month | Target |
| 1 | January | ₹1026 |
| 2 | February | ₹1034 |
| 3 | March | ₹1045 |
| 4 | April | ₹1059 |
| 5 | May | ₹1068 |
| 6 | June | ₹1079 |
| 7 | July | ₹1100 |
| 8 | August | ₹1124 |
| 9 | September | ₹1132 |
| 10 | October | ₹1146 |
| 11 | November | ₹1155 |
| 12 | December | ₹1165 |
Wipro Share Price Target 2029:
| Serial No. | Month | Target |
| 1 | January | ₹1165 |
| 2 | February | ₹1196 |
| 3 | March | ₹1200 |
| 4 | April | ₹1215 |
| 5 | May | ₹1231 |
| 6 | June | ₹1242 |
| 7 | July | ₹1251 |
| 8 | August | ₹1261 |
| 9 | September | ₹1269 |
| 10 | October | ₹1276 |
| 11 | November | ₹1300 |
| 12 | December | ₹1325 |
Wipro Share Price Target 2030:
| Serial No. | Month | Target |
| 1 | January | ₹1316 |
| 2 | February | ₹1326 |
| 3 | March | ₹1335 |
| 4 | April | ₹1342 |
| 5 | May | ₹1351 |
| 6 | June | ₹1361 |
| 7 | July | ₹1372 |
| 8 | August | ₹1385 |
| 9 | September | ₹1400 |
| 10 | October | ₹1415 |
| 11 | November | ₹1426 |
| 12 | December | ₹1435 |
Wipro Share Price Target 2035:
| Serial No. | Target 1 | Target 2 |
| 2035 | ₹1680 | ₹1768 |
Wipro Share Price Target 2040:
| Serial No. | Target 1 | Target 2 |
| 2040 | ₹1950 | ₹2100 |
Wipro Share Price Target 2050:
| Serial No. | Target 1 | Target 2 |
| 2050 | ₹2400 | ₹2590 |
Note : These share prices targets are based upon the current market scenario and trends within the industry. They also take into account the performance of the companies and growth assumptions. This could change depending on market sentiments.
Shareholding Pattern in Wipro:
Wipro has many investors and is listed at the Bombay Stock Exchange as well as the National Stock Exchange as given:
| Serial No. | Category | Percentage |
| 1 | Promoters | 72.93% |
| 2 | FIIs | 6.47% |
| 3 | DIIs | 8.03% |
| 4 | Public | 12.43% |
| 5 | Others | 0.14% |
Last 5 Years’ Financial Performance Wipro Share:
| Serial No. | Year | Amount |
| 1 | 2019 | ₹59,019 Cr |
| 2 | 2020 | ₹61,138 Cr |
| 3 | 2021 | ₹61,935 Cr |
| 4 | 2022 | ₹79,312 Cr |
| 5 | 2023 | ₹91,766 Cr |
Profit: Last 5 Years’
| Serial No. | Year | Amount |
| 1 | 2019 | ₹9,018 Cr |
| 2 | 2020 | ₹9,772 Cr |
| 3 | 2021 | ₹10,868 Cr |
| 4 | 2022 | ₹12,243 Cr |
| 5 | 2023 | ₹11,712 Cr |
Last 5 Years’ Reserves:
| Serial No. | Year | Amount |
| 1 | 2019 | ₹55,216 Cr |
| 2 | 2020 | ₹54,179 Cr |
| 3 | 2021 | ₹53,805 Cr |
| 4 | 2022 | ₹64,307 Cr |
| 5 | 2023 | ₹68,394 Cr |
Last 5 Years’ Total Assets:
| Serial No. | Year | Amount |
| 1 | 2019 | ₹82,586 Cr |
| 2 | 2020 | ₹81,000 Cr |
| 3 | 2021 | ₹82,566 Cr |
| 4 | 2022 | ₹107,276 Cr |
| 5 | 2023 | ₹108,180 Cr |
What is the Future of Wipro Share ?
Investors want to know the future of Wipro Share. Here are some reasons why the company is poised to grow.
Long-term growth
Kotak believes that Wipro will deliver strong growth on a long-term basis, despite its weak Q1 results and disappointing guidance.
The company’s diverse revenue base and low correlation of deal wins with top-line growth should limit the downside risk over the medium term.
Wipro was selected by a large US healthcare payer to redesign their member, patient, and provider journeys from end to end.
The business will be able to grow and scale by improving the allocation of talent, reducing costs and increasing efficiency.
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Strong management
The company is a strong one with a solid team of managers.
Wipro is well positioned to grow as it focuses on increasing its global presence, and its business capabilities.
Strong Order Book
The company has a good order book, and its attrition rate is declining. These are both positives. The company also acquires companies that will boost its gross margins.
Investors will find the company attractive because of its robust growth strategy, and it has a long-standing client base. Geopolitical uncertainties and macroeconomic risks could affect its margins short-term.
Profitability
Wipro’s track record is one of strong profitability. It has a median payout rate of 5.6% over the past three years and invests most of its profit back into the company.
It is therefore well-positioned to maintain its growth even in a challenging market.
Valuation
Analysts have set price targets because of Wipro’s high growth prospects and diverse revenue sources.
Wipro’s valuation prospects are currently mixed. It is still worth buying for those who have a long-term outlook.
Conclusion
This is an article that will guide you through the entire process of determining Wipro Share Price Target. You can learn about Wipro, its business, and Wipro Share Price Target.
Our share price forecasts are based upon our research, analysis, historical and fundamental data of the company, as well as various technical analyses. Wipro’s growth potential and prospects have also been discussed in depth.
This information should help you to make an informed decision about investing in Wipro. Please contact us if you have any further questions in the comments box.
Please contact us with any questions. Share this article as widely as you can if you find it useful.
FAQs
What is the target of Wipro share ?
View 39 reports from 14 analysts offering long term price targets for Wipro Ltd.. Wipro Ltd. has an average target of 414.82.
The consensus estimate represents a downside of -11.92% from the last price of 470.95.
Wipro is a good investment ?
Wipro continues to be expected to underperform its peers. This is mainly due to the low correlation of deal wins and top-line growth.
It said that the stock’s low valuation and high yield on dividends should limit its downside potential over the medium term.
What is the return on Wipro stocks?
Wipro Stock Updates: Wipro trades at Rs 469.95, with a -0.21% change today and 900.07% 5-Year returns.
Wipro’s stock is currently trading for Rs 469.95 with a slight decline of 0.21%. The stock has returned impressively over the last five years at 90.07%.
What is Wipro’s lifetime high ?
All Time High
This occurred on Thu, 14 Oct 2021. The highest price that Wipro shares ever closed at was Rs721.50, recorded on Tue 4 Jan 2022.
Can I buy Wipro share ?
You can easily buy Wipro shares in Groww by creating a demat account and getting the KYC documents verified online.
What is the future prediction for Wipro stock ?
As per Fibonacci levels, the share price target of WIPRO for tomorrow Fri 29 December 2023 will be between Rs. 475.22 to Rs. 481.25.
The downside targets, according to Fibonacci, will be 467.78 as the first target 465.47 as the second target and 461.75 as the third target.
What is the return of Wipro in 10 years?
Ten Year Stock Price Total Return for Wipro is calculated as follows: Last Close Price [ 5.20 ] / Adj Prior Close Price [ 4.43 ] (-) 1 (=) Total Return [ 17.3% ] Prior price dividend adjustment factor is 0.94.
What would have happened if I invested 10,000 in Wipro instead ?
He could have invested Rs. 10,000 in 100 Wipro shares as a one-time purchase and not sold them for the next 30 to 35 years. 535 crores. You read it right. Not thousands or lakhs.
Who is the Wipro billionaire ?
According to the Bloomberg Billionaires Index Azim Premji is currently ranked sixth after Savitri Jindal. Premji, who has interests in steel, cement, power and infrastructure like Savitri, derives most of his wealth from Wipro, of which he owns 62.5%.
Disclaimer
Dear Reader, we would like to inform that we are not authorized SEBI (Securities and Exchange Board of India). This site contains information and education only. It should not be construed as financial advice or stock recommendation.
The share price forecasts are also only for reference. Price predictions are only valid if there is positive market activity. This study will not take into account any uncertainty regarding the future of the company or the state of the current market.
This site is not responsible for any loss of money you may incur as a result of the information provided. We provide you with timely updates on the stock market, financial products and other topics to help make better investments. Make sure you do your research before making any investments.
