Wipro Limited is an Indian information Technology Company. Wipro Limited Is listed in Both NSE and BSE. In this article, we will know about Wipro Share Price Target 2024, 2025, to 2030. Wipro Limited price prediction will be based on past performance and fundamental analysis. The Current Market Price of Wipro Limited is ₹463.65 as of 24-05-2024. Wipro Limited was listed on the National Stock Exchange and Bombay Stock Exchange on 08-Nov-1995.
Wipro Limited is one of the top IT company in India. Wipro Limited’s performance in the stock market has been very good. Wipro Limited has been a favorite stock for analysts to invest in in the long term. Wipro Limited has given returns of 62.84% in the previous 5 years. and in the last 1 year, the company has given returns of 17.19%. Wipro’s stock price increased from ₹295.05 to ₹463.30 in the previous 5 years. The 52-week High of Wipro Limited Stock is ₹545.90 and the 52-week Low is ₹375.05 as of 24 May 2024.
Wipro Limited Overview
Wipro Limited was established in 1945. Initially, Wipro was known as Western India Vegetable Products Limited. Then in 1982, it was changed to Wipro Limited. Initially, Wipro was in the consumer products business. Then, due to the growing importance of information technology, Wipro changed its business focus. Wipro Limited was Founded by Mohamad Premji. In 1999, Wipro was also listed on the New York Stock Exchange. Wipro Offers Application Development and Maintenance, Cloud Services, BPO, Knowledge Process Outsourcing (KPO), Product Engineering, and R&D Services. Wipro Limited provides its services in more than 166 countries. Azim Premji owns the company with a shareholding of 73.85%.
Wipro Share Price Target 2024
| Month | Target Price |
| Wipro Target For May 2024 | ₹464.30 |
| Wipro Target For June 2024 | ₹470.25 |
| Wipro Target For July 2024 | ₹476.35 |
| Wipro Target For August 2024 | ₹482.50 |
| Wipro Target For September 2024 | ₹486.55 |
| Wipro Target For October 2024 | ₹492.40 |
| Wipro Target For November 2024 | ₹494.55 |
| Wipro Target For December 2024 | ₹500.20 |
Also Read: Vedanta Share Price Target 2024 to 2030
Wipro Share Price Target 2025
| Month | Target Price |
| Wipro Target For January 2025 | ₹505.00 |
| Wipro Target For Febuary 2025 | ₹509.05 |
| Wipro Target For March 2025 | ₹515.15 |
| Wipro Target For April 2025 | ₹521.40 |
| Wipro Target For May 2025 | ₹525.65 |
| Wipro Target For June 2025 | ₹529.80 |
| Wipro Target For July 2025 | ₹534.85 |
| Wipro Target For August 2025 | ₹538.90 |
| Wipro Target For September 2025 | ₹542.50 |
| Wipro Target For October 2025 | ₹549.35 |
| Wipro Target For November 2025 | ₹552.70 |
| Wipro Target For December 2025 | ₹558.10 |
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Wipro Share Price Target 2026
| Month | Target Price |
| Wipro Target For January 2026 | ₹563.45 |
| Wipro Target For Febuary 2026 | ₹569.05 |
| Wipro Target For March 2026 | ₹574.15 |
| Wipro Target For April 2026 | ₹580.76 |
| Wipro Target For May 2026 | ₹586.50 |
| Wipro Target For June 2026 | ₹592.35 |
| Wipro Target For July 2026 | ₹599.40 |
| Wipro Target For August 2026 | ₹605.60 |
| Wipro Target For September 2026 | ₹610.09 |
| Wipro Target For October 2026 | ₹617.10 |
| Wipro Target For November 2026 | ₹625.65 |
| Wipro Target For December 2026 | ₹631.40 |
Wipro Share Price Target 2027
| Month | Target Price |
| Wipro Target For January 2027 | ₹635.50 |
| Wipro Target For Febuary 2027 | ₹641.20 |
| Wipro Target For March 2027 | ₹649.30 |
| Wipro Target For April 2027 | ₹654.09 |
| Wipro Target For May 2027 | ₹661.00 |
| Wipro Target For June 2027 | ₹666.70 |
| Wipro Target For July 2027 | ₹672.25 |
| Wipro Target For August 2027 | ₹678.50 |
| Wipro Target For September 2027 | ₹684.45 |
| Wipro Target For October 2027 | ₹690.60 |
| Wipro Target For November 2027 | ₹699.10 |
| Wipro Target For December 2027 | ₹704.09 |
Also Read: IRCON international Share Price Target
Wipro Share Price Target 2028
| Month | Target Price |
| Wipro Target For January 2028 | ₹708.40 |
| Wipro Target For Febuary 2028 | ₹716.05 |
| Wipro Target For March 2028 | ₹724.10 |
| Wipro Target For April 2028 | ₹731.20 |
| Wipro Target For May 2028 | ₹737.70 |
| Wipro Target For June 2028 | ₹742.30 |
| Wipro Target For July 2028 | ₹749.50 |
| Wipro Target For August 2028 | ₹758.65 |
| Wipro Target For September 2028 | ₹765.06 |
| Wipro Target For October 2028 | ₹776.60 |
| Wipro Target For November 2028 | ₹784.85 |
| Wipro Target For December 2028 | ₹789.90 |
Wipro Share Price Target 2029
| Month | Target Price |
| Wipro Target For January 2029 | ₹795.80 |
| Wipro Target For Febuary 2029 | ₹803.25 |
| Wipro Target For March 2029 | ₹809.05 |
| Wipro Target For April 2029 | ₹817.30 |
| Wipro Target For May 2029 | ₹826.50 |
| Wipro Target For June 2029 | ₹835.70 |
| Wipro Target For July 2029 | ₹842.35 |
| Wipro Target For August 2029 | ₹849.10 |
| Wipro Target For September 2029 | ₹858.20 |
| Wipro Target For October 2029 | ₹869.15 |
| Wipro Target For November 2029 | ₹876.65 |
| Wipro Target For December 2029 | ₹884.90 |
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Wipro Share Price Target 2030
| Month | Target Price |
| Wipro Target For January 2030 | ₹895.60 |
| Wipro Target For Febuary 2030 | ₹907.20 |
| Wipro Target For March 2030 | ₹915.35 |
| Wipro Target For April 2030 | ₹928.80 |
| Wipro Target For May 2030 | ₹940.45 |
| Wipro Target For June 2030 | ₹947.50 |
| Wipro Target For July 2030 | ₹956.65 |
| Wipro Target For August 2030 | ₹964.70 |
| Wipro Target For September 2030 | ₹978.00 |
| Wipro Target For October 2030 | ₹987.09 |
| Wipro Target For November 2030 | ₹994.15 |
| Wipro Target For December 2030 | ₹1006.55 |
Wipro Limited Financials 2023
| Particulars | Year (2023) |
| Revenue | ₹92,753(Cr) |
| Expenses | ₹77,981(Cr) |
| EBITA | ₹19,113(Cr) |
| Profit Before Tax | ₹14,765(Cr) |
| Net Profit | ₹11,366(Cr) |
Wipro Limited Fundamentals
| Particulars | Figures |
| Market Cap | ₹2,42,321(Cr) |
| P/E Ratio | 21.94 |
| Debt to Equity | 0.22 |
| ROE | 14.82% |
| Book Value | 142.56 |
| Face Value | 2 |
Wipro Limited Shareholding Pattern
| Particulars | Shareholding pattern |
| Promoters | 72.89% |
| Retail Investor | 9.48% |
| Foreign Institutions (FII) | 9.36% |
| Domestic Institutions (DII) | 4.74% |
| Mutual Funds | 3.53% |
Key factors to consider before investing in Wipro Limited
- Before investing in Wipro Limited Stock, analyze its financial performance, revenue growth, debt levels, cash flow, and net profit. The revenue and profit of Wipro have been consistently increasing over the past few years.
- It is also important to analyze the market share of Wipro Limited because it indicates the company’s competitive strength.
- The IT sector in India is highly competitive, with Wipro facing major competitors such as Tata Consultancy Services (TCS), Infosys, Accenture, and Cognizant. Therefore, it’s crucial to analyze Wipro’s competitors as well.
- Wipro invests in digital transformation technologies such as AI, cloud computing, blockchain, and IoT, which can drive future growth.
- Most of Wipro’s business comes from the international market, so it is also important to understand the global economic conditions that can affect Wipro’s business.
- Must consider the fundamentals of Wipro Limited, such as the price-to-earnings ratio (P/E), market valuation, price-to-book (P/B) ratio, and other relevant metrics.
- Keep an eye on market sentiment and recent news about Wipro. Positive sentiment and favorable news can lead to an increase in the stock price.
- Before investing in Wipro, understand your risk and invest with proper risk management.
Conclusion
Wipro is a solid stock in the IT sector and has shown impressive growth over the past few decades. India’s IT sector will grow a lot in the coming time, which can benefit Wipro. Wipro can be a good option for investment but Wipro’s competitors may affect its business.
The target price of Wipro Limited given above is only a guidance. We do not give any kind of buy or sell advice. The target prices of the given Wipro Stocks are subject to change at any time depending on the market conditions. However, TrendFriend advises you to consult your experts for any investment In Wipro Stock.
FAQ’S
What is the target price of Wipro In 2024?
Wipro share price target is between ₹464.30 to ₹500.20 in 2024.
What is the target price of Wipro In 2025?
Wipro share price target is between ₹505.00 to ₹558.10 in 2025.
What is the target price of Wipro In 2026?
Wipro share price target is between ₹563.45 to ₹631.40 in 2026.
What is the target price of Wipro In 2027?
Wipro share price target is between ₹635.50 to ₹704.09 in 2027.
What is the target price of Wipro In 2028?
Wipro share price target is between ₹708.40 to ₹789.90 in 2028.
What is the target price of Wipro In 2029?
Wipro share price target is between ₹795.80 to ₹884.90 in 2029.
What is the target price of Wipro In 2030?
Wipro share price target is between ₹895.60 to ₹1006.55 in 2030.
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