Wipro Ltd.
Share Price Target & Analysis
NSE:WIPRO
VWAP
Open
Close
High
Low
52 Week High
-1.80 (-0.39%)
WIPRO
(IT)Turnaround Potential
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 462.80, 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 Apr 29, 2024 is 3.86.
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 463.99.
Now, the main question is whether to BUY or SELL, NSE:WIPRO at current valuation.
As per latest Analysis No. #3982:-
⇑ 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 (Apr 29, 2024)
(Wipro Ltd. Daily Analysis on the basis of WIPRO Intraday Graph & Trend)
Wipro Ltd. share price moved Down by -0.39% from its previous close of Rs 464.6. WIPRO stock last traded price is 462.80. WIPRO share price trend is Down with a total of 2461913 stocks traded till now. It has touched an intraday high of Rs 468.00 and an intraday low of Rs 461.60. The WIPRO trading at 462.80, Down by Rs. -1.80, or -0.39 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 -0.39%. WIPRO share price short term trend is Down. It suggests that WIPRO Share Price for Tomorrow remains the same with VWAP at 463.99 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 |
462.80 |
WIPRO Share Price Target Prediction for 2024 ^ |
441 - 548.6 |
WIPRO Share Price Target Prediction for 2025*^ |
548.6 - 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: @459.35MA | Simple | Action S1 | Expo | Action E2 |
---|---|---|---|---|
MA_5 | 472.62 | SELL | 470.86 | SELL |
MA_12 | 478.24 | SELL | 479.57 | SELL |
MA_20 | 486.91 | SELL | 485.02 | SELL |
MA_32 | 500.27 | SELL | 490.15 | SELL |
MA_50 | 502.59 | SELL | 489.42 | SELL |
MA_100 | 482.65 | SELL | 478.51 | SELL |
MA_200 | 439.7 | BUY | 452.54 | BUY |
Trend Oscillators | Value | Action |
---|---|---|
Bollinger Bands | 486.91 | Downtrend |
MACD | -2.01 | SELL |
ADX | 32.86 | Strong Trend |
DMI (+/-) | 12.67 / 30.8 | Downtrend |
Momentum Oscillators | Value | Action |
---|---|---|
RSI | 30.49 | Neutral |
STOCHASTIC_K (Fast) | 1.63 | Oversold |
STOCHASTIC_D (Slow) | 7.28 | Oversold |
CCI | -249.39 | SELL |
PSAR | 490.71 | SELL |
TRUE RANGE | 12.55 | Neutral |
ATR | 11.29 | Neutral |
WILLIAMS R | -96.59 | Oversold |
TRIX | 0 | Neutral |
STOCHASTIC RSI K | 0 | Oversold |
STOCHASTIC RSI D | 6.86 | Oversold |
MOMENTUM | -51.5 | SELL |
Duration | Value |
---|---|
1 Year | 24.06% |
3 Months | 1.91% |
1 Month | -10.08% |
1 Week | -5.3% |
Action | Overall (%) |
---|---|
BUY | 10% |
NEUTRAL / HOLD | 13% |
SELL | 77% |
Most popular Questions & Answers about WIPRO
Wipro Ltd. stock last traded price is 462.80. WIPRO share price moved Down by -0.39% from its previous close of Rs 464.6.
Wipro Ltd. share price trend is Down with a total of 2461913 stocks traded till now. It has touched an intraday high of Rs 551.359 and an intraday low of Rs 461.60. The WIPRO trading at 462.80, Down by Rs. -1.80, or -0.39 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 463.99.
The market cap of Wipro Ltd. is ₹297565 (in Cr) as of Apr 28, 2024.
The current price to earning ratio for Wipro Ltd. as of Apr 28, 2024 is 31.63.
The current price to book ratio for Wipro Ltd. as of Apr 28, 2024 is 3.86.
The highest price of Wipro Ltd. stock is ₹545.90 in the last 52-week.
The lowest price of Wipro Ltd. stock is ₹372.05 in the last 52-week.
Wipro Ltd. share trading at ₹462.80, Down by Rs. -1.80, or -0.39 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 ₹441 on downside and ₹548.6 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 ₹548.6 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 Apr 29, 2024 is 3.86.
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 | 3842.00 | 120.39 | 199.33 |
INFY | 1436.85 | 65.61 | 163.21 |
WIPRO | 462.80 | 17.45 | 120.01 |
HCLTECH | 1385.70 | 43.02 | 145.45 |
TECHM | 1300.10 | 21.79 | 254.13 |
LTI | 4784.45 | 125.6 | 540.21 |
MINDTREE | 3433.85 | 90.8 | 331.82 |
MPHASIS | 2344.75 | 76.59 | 265.28 |
TATAELXSI | 7131.35 | 127.25 | 402.34 |
PERSISTENT | 3418.85 | 64.07 | 294.03 |