NSE: WIPRO | BSE: 507685

Mid-range Performer

Download real time

252.03 -1.81 (-0.71%)

17.5M NSE+BSE Volume

NSE 26 Aug, 2025 3:31 PM (IST)

264,211.7

Market Cap

High in industry

1.1

Beta 1Year

High Volatility

Wipro Ltd. share price target and research reports

Latest analyst research reports with target prices and PDF download for WIPRO, BSE:507685 Wipro Ltd.

Wipro Ltd.

22 Jan 2019

252.03

-0.71%

Wipro Q3FY19 Result Review

Sell: Wipro Ltd.

IDBI Capital

WPRO has guided for Q4FY19 IT services revenue growth of 0% to 2% which is a miss. We factor Q3FY19 result & lower revenue growth for Q4FY19 and cut our FY19/20 revenue growth (US$) forecast by -0.8%/-3.2%. However, we increase our EPS forecast for FY19/20 by 5.1%/6.5% now forecasting a CAGR of 10.8% over FY18-20E. We maintain REDUCE with new TP of Rs304 based on PER of 14x FY20E. Key Highlights and Investment Rationale Q3FY19 IT services revenue growth of 2.4% QoQ in CC within the guidance WPRO had guided for a CC growth of 1% to 3%, excluding the India government &...

Wipro Ltd. is trading below its 50 day SMA of 256.6

Wipro Ltd.

21 Jan 2019

252.03

-0.71%

Wipro Limited

Results Update: Wipro Ltd.

SMC online

For March 2019 quarter, it expects revenue from IT Services business to be in the range of $2,047 million to $2,088 million. This translates to a sequential growth of 0.0% to 2.0%. Guidance is based on the following exchange rates: GBP/USD at 1.27, Euro/USD at 1.14,...

Wipro Ltd. is trading above its 30 day SMA of 250.9

Wipro Ltd.

21 Jan 2019

252.03

-0.71%

Wipro Ltd

Buy: Wipro Ltd.

ICICI Securities Limited

Reported IT services EBIT margin expanded 120 bps to 19.8% (from adjusted margin of 18.6% in Q2FY19) mainly on account of rupee depreciation (+60 bps) and operational efficiencies in the form of...

Number of FII/FPI investors decreased from 1017 to 978 in Jun 2025 qtr

Wipro Ltd.

19 Jan 2019

252.03

-0.71%

Wipro (3QFY19): Bumpy ride ahead. Maintain NEUTRAL

Neutral: Wipro Ltd.

HDFC Securities

We maintain our NEUTRAL rating with a TP of Rs 330 based on 14x Dec-20E earnings. Wipro delivered better than expected margins but revenue growth and guidance was muted. USD revenue was up 0.3% QoQ vs est. of +0.9% while adjusted IT services adjusted EBIT margin expanded 120 bps QoQ to 19.8% (vs est. of 18.1%). Revenue stood at USD 2,047mn and adjusting for India business growth was +1.8/2.4% QoQ/CC. Guidance of 0-2% CC growth for 4Q was lower than expectation. Muted guidance was given on account of macro concerns and growth issues in HPS and manufacturing. Wipros growth (ex-Digital) remains challenged (-2.4/-9.5% QoQ/YoY).

Wipro Ltd. is trading below its 50 day SMA of 256.6

Wipro Ltd.

19 Jan 2019

252.03

-0.71%

While Wipro's qoq CC growth of 2.4% was slightly above our estimate of 2.0% in Q3FY19, it...

Sell: Wipro Ltd.

Emkay

Q3FY19, it provided a weak CC guidance of 0-2% for Q4FY19 due to macrouncertainties, supply-side constraints, and ongoing challenges in the Healthcare vertical. IT services EBIT margin at 19.8% improved ~170bps qoq on a normalized basis, largely led by forex gains, one-time reversal of bad debt provisions, and operational efficiencies (Hyper Automation and crowdsourcing). However, part of these benefits are going to be re-invested into the business in Q4FY19 (in its 6-Big bets and partial wage hikes). Barring Manufacturing (MFG) and Healthcare (Total: 34% of sales), commentary for other verticals improved in Q3FY19. The restructuring of the India business and lower enrolments in the HPS business (Healthcare) should keep MFG and Healthcare verticals...

Wipro Ltd. has an average target of 260.73 from 11 brokers.

Wipro Ltd.

19 Jan 2019

252.03

-0.71%

Improving gradually on revenues, steadfastly on margins

Neutral: Wipro Ltd.

Motilal Oswal

19 January 2019 revenue growth of 2.4% QoQ (+7% YoY) was in line with our estimate of +2.2%. Overall EBIT margin expanded 170bp QoQ/YoY to 18.4%, the highest in 13 quarters. This was aided by a 140bp QoQ improvement in the adjusted IT Services margin to 19.8%. PAT grew 11.3% QoQ (+12.9% YoY) to INR25.4b (3% beat). Sequential growth was led by BFSI (5.3% QoQ CC), which had impact from full-quarter revenue of the Alight deal (~1pp+ contribution to overall growth). All verticals grew barring Technology, which reeled under the impact of seasonality. On a YoY basis, E&U; added to BFSI and Consumer as drivers of growth (10-17.

Wipro Ltd. is trading above its 30 day SMA of 250.9

Wipro Ltd.

31 Oct 2018

252.03

-0.71%

Wipro

Results Update: Wipro Ltd.

SMC online

Wipro Ltd. is trading below its 50 day SMA of 256.6

Wipro Ltd.

25 Oct 2018, 08:36AM

252.03

-0.71%

Wipro (2QFY19): On recovery path, consistency required. Maintain NEUTRAL

Neutral: Wipro Ltd.

HDFC Securities

We maintain our NEUTRAL rating with a TP of Rs 325 based on 14x Sep-20E earnings. Wipro delivered better than expected performance, USD revenue was up 2.8% CC QoQ vs est. of +1.7% CC and IT services EBIT margin adjusted for one-off was 18.2%, up 220 bps QoQ (vs est. of 16.8%). Revenue stood at USD 2,041mn (+0.7% QoQ, adjusted +1.9%) and guidance of +1% to +3% CC QoQ growth in 3QFY19E, adjusted for India PSU (USD 34mn), is in-line with our expectations. Guidance factors in USD 26mn incremental from Alight Solutions deal and some recovery in HPS (Healthcare).

Wipro Ltd. has an average target of 260.73 from 11 brokers.

Wipro Ltd.

25 Oct 2018, 12:00AM

252.03

-0.71%

Result Review of Wipro

Hold: Wipro Ltd.

IDBI Capital

Wipro's (WPRO) Q2FY19 result was a beat to our forecast. Adjusted for the hosted datacenter business, IT services revenue grew by 2.8% QoQ in CC which is one of the best sequential growth in the recent years. Also, IT services EBIT margin (adjusted for payment of settlement with National Grid) saw a strong improvement of 250bps QoQ...

Number of FII/FPI investors decreased from 1017 to 978 in Jun 2025 qtr

Wipro Ltd.

25 Oct 2018, 12:00AM

252.03

-0.71%

Wipro Ltd

Buy: Wipro Ltd.

ICICI Securities Limited

Wipro reported Q2FY19 results were above our expectations, excluding one-offs. In constant currency, global IT services revenues grew 2.8% sequentially (above our estimate of 1.3% QoQ). Adjusted for one-off settlement of | 514.1 crore, IT services EBIT margin stood...

Wipro Ltd. is trading above its 30 day SMA of 250.9

Is Wipro Ltd. worth buying?

5095 Votes:

Buy 71.42%

Sell 9.99%

Hold 18.59%

RESEARCH REPORTS

Sell SEE REPORTS >

pdf

Hold SEE REPORTS >

pdf