Wipro Ltd is one of India’s leading multinational companies, primarily known for its IT services and consulting. Founded in 1945, Wipro has grown into a global corporation offering a wide range of services, including software development, digital transformation, cloud services, and cybersecurity solutions. The company serves clients in various industries such as banking, healthcare, retail, and manufacturing. Wipro Share Price on NSE as of 11 October 2024 is 539.25 INR. Here will provide you more details on Wipro Share Price Target 2024, 2025, 2026 to 2030.
Wipro Ltd: Market Overview
- Open Price: ₹520.35
- High Price: ₹534.40
- Low Price: ₹520.35
- Previous Close: ₹528.30
- Volume: 161,946
- Value (Lacs): ₹855.80
- UC Limit: ₹581.10
- LC Limit: ₹475.50
- P/E ratio: 24.77
- Div yield: 0.19%
- 52-wk high: ₹579.90
- 52-wk low: ₹375.05
- Mkt cap: ₹2.76LCr
- Face Value: ₹2
Wipro Ltd Competitors
Here are five competitors of Wipro Ltd with their approximate market capitalizations:
- Tata Consultancy Services (TCS)
Market Capital: ₹13,00,000 Crores - Infosys Ltd
Market Capital: ₹6,40,000 Crores - HCL Technologies Ltd
Market Capital: ₹3,20,000 Crores - Tech Mahindra Ltd
Market Capital: ₹1,00,000 Crores - Larsen & Toubro Infotech (LTI)
Market Capital: ₹1,00,000 Crores
Wipro Share Price Chart
Wipro Share Price Target Tomorrow 2024 To 2030
Wipro Share Price Target Years | SHARE PRICE TARGET |
2024 | ₹605 |
2025 | ₹687 |
2026 | ₹730 |
2027 | ₹775 |
2028 | ₹820 |
2029 | ₹875 |
2030 | ₹955 |
Wipro Share Price Target 2024
Wipro share price target 2024 Expected target could be ₹605. Here are three key factors affecting the growth of Wipro’s share price target for 2024:
- Digital Transformation Demand: As more companies accelerate their digital transformation journeys, Wipro’s expertise in cloud services, AI, and cybersecurity will likely boost its revenue. Strong demand from global clients for digital solutions can positively impact the company’s financial performance and stock growth.
- Expansion in Key Markets: Wipro’s strategic focus on expanding its presence in the U.S., Europe, and emerging markets through acquisitions and partnerships can enhance its market share. This growth in key regions could contribute to increasing its stock price.
-
Innovation and Investment in New Technologies: Wipro’s continued investment in cutting-edge technologies like blockchain, AI, and automation will keep it competitive. Innovations that provide cost-effective solutions and new service offerings will likely attract more business and strengthen the company’s financials.
Wipro Share Price Target 2025
Wipro share price target 2025 Expected target could be ₹687. Here are three key factors affecting the growth of Wipro’s share price target for 2025:
- Expansion in Digital and Cloud Services: Wipro’s strong focus on expanding its cloud, AI, and digital services will be critical for future growth. As businesses increasingly adopt cloud technology and digital solutions, Wipro’s investments in these areas could lead to higher revenues, positively influencing its share price.
- Global IT Spending Recovery: A rebound in global IT spending, especially in sectors like healthcare, finance, and retail, could benefit Wipro. Increased IT budgets and demand for digital transformation solutions will create more opportunities for Wipro, boosting its financial outlook and share value.
-
Strategic Acquisitions and Partnerships: Wipro’s strategy of acquiring innovative tech companies and forming partnerships will allow it to expand its capabilities and customer base. These acquisitions not only bring new technology but also enable entry into new markets, which could significantly drive revenue growth and stock price appreciation.
Wipro Share Price Target 2030
Wipro share price target 2030 Expected target could be ₹955. Here are three key factors affecting the growth of Wipro’s share price target for 2030:
- Sustainability and Green Technology Initiatives: As global focus shifts towards sustainability, Wipro’s commitment to green technology and sustainable business practices will play a vital role. By aligning its services with environmental goals, Wipro can attract eco-conscious clients and enhance its reputation, potentially driving long-term growth and share price appreciation.
- Technological Advancements and Innovation: Wipro’s ability to adapt to and lead in technological advancements—such as artificial intelligence, machine learning, and automation—will significantly impact its growth. Continuous investment in research and development (R&D) to innovate and improve service offerings will ensure Wipro stays competitive and can capture emerging market opportunities.
-
Expansion in Emerging Markets: Targeting growth in emerging markets, particularly in Asia and Africa, presents substantial opportunities for Wipro. By establishing a strong presence in these regions, Wipro can tap into new customer bases and diversify its revenue streams, which could significantly enhance its market position and share price in the long run.
Wipro Ltd Shareholding Pattern
- Promoters: 72.8%
- Retail And Others: 9.9%
- Foreign Institutions: 9.59%
- Domestic Institutions: 8.71%
FOR MORE DETAIL FOLLOW THE OFFICIAL WEBSITE: http://www.wipro.com/
Wipro Ltd Financials
(INR) | 2024 | Y/Y change |
Revenue | 897.60B | -0.80% |
Operating expense | 127.51B | 2.68% |
Net income | 110.45B | -2.69% |
Net profit margin | 12.31 | -1.83% |
Earnings per share | 0.25 | -98.80% |
EBITDA | 162.03B | 1.07% |
Effective tax rate | 24.52% | — |
Read Also:- SW Solar Share Price Target Tomorrow 2024 To 2030- Market Overview, Income Statement