Today, we’re going on a journey to explore the estimated Wipro Share Price Target for the years 2023 to 2050. We will use our Research and the company’s growth prospects to make a prediction. By the end of our journey, you will have a better understanding of the expected Wipro Share Price Target.
We will analyze the performance of the company’s shares in recent times and provide you with a well-researched Wipro Share price target for 2023, 2025, 2030 to 2050. Additionally, we will also take into account analyst recommendations from various brokerage firms, including target high price, target low price, mean recommendation, and key recommendation.
Overview of Wipro
| Name | Wipro Limited |
|---|---|
| Symbol | WIPRO |
| Industry | Information Technology |
| Type | Public |
| Founded | 1945 |
| CEO | Thierry Delaporte |
| Headquarters | Bengaluru, India |
| Country | India |
| Locations | Global |
| Website | wipro.com |
| Profile | Wipro |
Keep an eye on Wipro’s share price today with real-time updates, and examine its performance on the stock market through comprehensive charts that display the fluctuations in Wipro’s share price.
Fundamentals of Wipro
The fundamental analysis of Wipro Limited focuses on key factors to better understand the company’s valuation. Various valuation techniques have been used, including the Price-to-Earnings Ratio (P/E), Price-to-Sales Ratio (P/S), Price-to-Book Value Ratio (P/B), Dividend Yield, and other Details.
Wipro Limited is an Indian multinational corporation that provides information technology, consulting, and business process services. It is headquartered in Bengaluru, India, and was founded in 1945.
Wipro is one of the largest IT services companies in India and has a global presence with operations in over 50 countries. The company offers a range of services including IT services, business process outsourcing, and consulting. Its clients include companies from various industries such as banking, finance, healthcare, and retail.
Brokerage Firms
An effective method for evaluating the Wipro share price Target is by examining research reports and analyses conducted by reputable financial institutions and brokerage firms.
| DATE | AUTHOR | TARGET | TYPE |
|---|---|---|---|
| 15 JUL 2023 | KRChoksey | 486.00 | Buy |
| 14 JUL 2023 | ICICI Securities Limited | 319.00 | Sell |
| 14 JUL 2023 | BOB Capital Markets Ltd. | 420.00 | Hold |
| 14 JUL 2023 | Axis Direct | 400.00 | Hold |
| 13 JUL 2023 | HDFC Securities | 410.00 | Accum. |
| 13 JUL 2023 | Sharekhan | 420.00 | Hold |
| 26 JUN 2023 | Motilal Oswal | 360.00 | Neutral |
| 03 MAY 2023 | Geojit BNP Paribas | 413.00 | Hold |
| 29 APR 2023 | ICICI Securities Limited | 350.00 | Sell |
Our Recommendation
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We will analyze the performance of the company’s shares in recent times and provide you with a well-researched Wipro price target for 2023, 2025 to 2030, based on our Research knowledge and forecasting.
Our minimum target for Wipro’s share price in 2023 is ₹450. This is based on the company’s strong deal wins, deepening relationships with existing clients, and benefitting from a consolidating market. Additionally, the company has added two new customers with contract sizes exceeding USD 100 million, doubling the count of such customers in the last three years. These factors are expected to drive revenue growth and increase the company’s valuation.
On the other hand, our maximum target for Wipro’s share price in 2023 is ₹525. This is based on the company’s guidance for revenue growth in Q2 in the range of -2% to 1% in CC terms, with margins expected to remain in a similar range as the past few quarters. Additionally, the company’s TCV stood at USD 3.7 billion, representing a 9% YoY increase. These factors are expected to boost investor confidence and drive the company’s share price higher.
Our minimum target for Wipro’s share price in 2024 is ₹500, while our maximum target is ₹575. This is based on the company’s expected revenue growth and margin expansion. Additionally, the company’s focus on digital transformation and innovation is expected to drive growth and increase investor confidence.
Our minimum target for Wipro’s share price in 2025 is ₹550, while our maximum target is ₹625. This is based on the company’s expected revenue growth and margin expansion, as well as its focus on expanding its global footprint and deepening relationships with existing clients.
Our minimum target for Wipro’s share price in 2027 is ₹650, while our maximum target is ₹725. This is based on the company’s expected revenue growth and margin expansion, as well as its focus on expanding its presence in key markets and investing in strategic partnerships.
Our minimum target for Wipro’s share price in 2030 is ₹800, while our maximum target is ₹900. This is based on the company’s expected revenue growth and margin expansion, as well as its focus on driving innovation and investing in emerging technologies such as artificial intelligence, cloud computing, and cybersecurity. Additionally, the company’s strong balance sheet and cash reserves are expected to provide a cushion against any potential economic downturns.
Our minimum target for Wipro’s share price in 2050 is ₹2,000, while our maximum target is ₹2,500. This is based on the company’s expected revenue growth and margin expansion, as well as its focus on driving innovation and investing in emerging technologies. Additionally, the company’s strong balance sheet and cash reserves are expected to provide a cushion against any potential economic downturns.
| Year | Minimum Target (₹) | Maximum Target (₹) |
|---|---|---|
| 2023 | ₹450 | ₹525 |
| 2024 | ₹500 | ₹575 |
| 2025 | ₹550 | ₹625 |
| 2026 | ₹600 | ₹675 |
| 2027 | ₹650 | ₹725 |
| 2030 | ₹800 | ₹900 |
| 2035 | ₹1,200 | ₹1,400 |
| 2040 | ₹1,500 | ₹1,700 |
| 2050 | ₹2,000 | ₹2,500 |
– According to Google historical data, the price of Wipro on 1 Jan 1999 was ₹13.80.
– As of 27 July 2023, the current share price of Wipro is ₹401.50 Check out today’s current share price.
– Based on our analysis, the maximum share price target for Wipro in 2023 could be ₹525.
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I would like to remind you that I am not authorized by SEBI to provide any financial advice or recommendations. As you know, Share price prediction is not an exact science, That’s why I am conducting in-depth research and using different AI tools to predict share prices. My purpose is only educational, and I am using AI to see what the future of the stock might look like.
Disclaimer– That these Share Price Targets for “Wipro Share Price Target” is only provided for informational purposes only. It does not constitute a recommendation to buy, sell or hold Wipro stock. Investors should conduct their own research and analysis and consult with financial experts before making any investment decisions— Sharedhan.com
