With its headquarters located in Bangalore, Wipro Limited was once known as Western Indian Palm Refinery Oil. It is an Indian information technology company. The multinational corporation employs more than 240,000 people and has clients in about 170 countries worldwide. These data demonstrate business acumen and its reach throughout the Indian and international information technology sectors.
In India, Wipro's yearly balance sheet reports are regarded as trustworthy, making it one of the most reputable brands. Wipro Limited has continuously reported a favorable rate of sales growth and a notable improvement in net profit over the last few years.
Over the years of its trading on the stock exchange, investors have profited from their investments in Wipro Share Prices, which have also consistently performed well on the National Stock Exchange.
Investors will go over the variables influencing Wipro Share Price Target 2025 and beyond in this post. In the following tables, we will walk you through the risk considerations associated with the Wipro Share Price Prediction 2025.
Wipro Latest News
Price of Wipro Shares After closing at Rs 484.95 on Monday, April 1, 2024, the share price today opened lower at Rs 480. WIPRO NSE stocks have been hard to come back from after reaching their 52-week high on February 16, 2024, at Rs 545.
Wipro Limited and Nutanix, a provider of hybrid multi-cloud computing, are planning to introduce their new business unit together. Through this partnership, Wipro FullStride Cloud experience and the Nutanix Cloud Platform will be combined to present potential clients in the market with better joint solution engineering solutions.
In March 2023, Wipro Limited inaugurated its first American international headquarters tower in the Middlesex County, New Jersey, area.
Wipro Share Price Target 2023
YearMaximum TargetMinimumTarget
2021Rs 715.00Rs 388.00
2022Rs 715.60Rs 377.10
2023Rs 462.25Rs 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 TargetMinimumTarget
JanuaryRs – Rs –
FebruaryRs – Rs –
MarchRs 510.90Rs 430.87
AprilRs 521.90Rs 432.90
MayRs 537.81Rs 442.19
JuneRs 542.26Rs 447.22
JulyRs 557.10Rs 452.92
AugustRs 562.90Rs 456.07
SeptemberRs 570.99Rs 463.05
OctoberRs 587.17Rs 465.92
NovemberRs 591.03Rs 472.87
DecemberRs 602.62Rs 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)
Month (2025)Maximum TargetMinimumTarget
JanuaryRs 613.13Rs 480.89FebruaryRs 626.06Rs 485.54MarchRs 630.00Rs 491.80AprilRs 641.91Rs 495.04MayRs 657.05Rs 501.16JuneRs 663.60Rs 508.03JulyRs 675.51Rs 513.86AugustRs 682.00Rs 519.00SeptemberRs 693.42Rs 522.76OctoberRs 706.12Rs 526.74NovemberRs 718.22Rs 535.90DecemberRs 726.00Rs 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
Year Maximum TargetMinimum Target
2026Rs 850.02Rs 590.702027Rs 1,027.09Rs 654.872028Rs 1,168.10Rs 709.852029Rs 1,310.00Rs 771.802030Rs 1,480.05Rs 824.952040Rs 2,200.00Rs 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
Revenue904.88 Billion INR
- -7.22%EBITDA162.13 Billion INR
- 2.65%Effective Tax Rate23.02% Total Assets1.18 Trillion INR
8.25% YOYTotal Liabilities394.07 Billion INR
- -6.29% YOYTotal Equity781.75 Billion INR Return on assets7.50% Return on Capital9.44% P/E Ratio22.99 Dividend Yield0.21%
- 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
The leaders of the industry, including Tata Consultancy Services and Infosys Limited, are Wipro's rivals. Due to the potential for fierce competition among its employees to surpass one another, Wipro Limited is now in a difficult spot relative to its competitors in the market. Nevertheless, considering that Wipro is a four-decade-old company, it has gone a long way to rank among the best information technology corporations globally. Given that Wipro's financial reports and stock performance in prior years have been on the optimistic side of the trajectory, investors might view this as a matter of belief for the Wipro Limited company.
Long-term investors should "buy" large-cap stocks like Wipro, TCS, and Infosys shares, according to Basav Capital expert Sandeep Pandey, since these stocks have the potential to outperform mid-cap and small-cap stocks in the future.
Wipro's revenue for the fiscal year 2023 is Rs 904.88 billion, a 14.41% increase above Wipro Ltd.'s revenue of Rs 790.93 billion for the fiscal year 2022. This suggests that Wipro Limited's business is expanding consistently and powerfully.
Nevertheless, Wipro Limited's net income for the fiscal year 2023 was Rs 113.50 billion, indicating a -7.11% decrease from Rs 122.19 billion in the previous fiscal year. After five years, Wipro Limited has posted negative net income for the first time.
On January 1st, 2022, the share price of Wipro achieved an all-time high of Rs 715 per share, making Wipro one of India's top three information technology businesses. Since then, though, the WIPRO NSE stock has continued on its negative path, and it is currently trading on the stock exchange at Rs 481 per share. Wipro's share price target ranged from Rs 715 to Rs 383 for 2022 and from Rs 715 to Rs 388 for the minimum in 2021.
Conclusion
Investors on the stock exchange can see a reliable and long-lasting stock with Wipro Share Price History. The selling price of Wipro Limited shares on the National Stock Exchange on February 12, 1999, was Rs 27 per share. Since then, the stock exchange has seen a 3,390% increase in the price of Wipro's shares. The Wipro Share Price Target 2025 indicates a fantastic opportunity for investors to generate a substantial return on their investment, which is projected to increase investor confidence in WIPRO NSE stock.
The stock is down to Rs 481 per share from the all-time high of Rs 715 per share reached in 2022, but it is still up 83% from the Rs 284 per share Wipro share price on April 19, 2019.
Another up-and-down ride was experienced by Wipro's share price in 2023; on September 15, it reached Rs 441 per share, but on November 3, it dropped to Rs 381 per share. As a result, investors need to research market volatility and perform a thorough analysis of stock risks. To invest one's hard-earned money in the share market is a risky move. Prior to submitting any promise to the stock exchange, India Property Dekho advises seeking the astute counsel of a professional.
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