|
15 Jul 2025 |
Wipro
|
Consensus Share Price Target
|
257.35 |
254.71 |
- |
-1.03 |
hold
|
|
|
|
|
19 Apr 2024
|
Wipro
|
Sharekhan
|
257.35
|
500.00
|
452.75
(-43.16%)
|
Target met |
Hold
|
|
|
Wipro’s IT services reported revenue of $2,657.4 million, down 0.3% q-o-q and 6.6% y-o-y, in constant currency (CC) terms, in line with our estimate of $2,647.4 million. In rupee terms, IT services revenue stood at Rs. 22,079.6 crore, down 0.3% q-o-q/4.2% y-o-y.
|
|
15 Jan 2024
|
Wipro
|
SMC online
|
257.35
|
|
494.60
(-47.97%)
|
Pre-Bonus/ Split |
Results Update
|
|
|
|
|
15 Jan 2024
|
Wipro
|
Axis Direct
|
257.35
|
450.00
|
494.60
(-47.97%)
|
Target met |
Sell
|
|
|
Recommendation: Wipro has lagged in its execution despite having better results and better deal wins. However, FY25E may show some recovery backed by strong deal wins. For lacking the necessary visibility, we recommend a SELL rating on the stock.
|
|
13 Jan 2024
|
Wipro
|
Motilal Oswal
|
257.35
|
520.00
|
465.45
(-44.71%)
|
Target met |
Neutral
|
|
|
|
|
12 Jan 2024
|
Wipro
|
Sharekhan
|
257.35
|
530.00
|
494.60
(-47.97%)
|
Target met |
Hold
|
|
|
|
|
11 Dec 2023
|
Wipro
|
Motilal Oswal
|
257.35
|
460.00
|
420.60
(-38.81%)
|
Target met |
Neutral
|
|
|
|
|
01 Nov 2023
|
Wipro
|
Geojit BNP Paribas
|
257.35
|
409.00
|
380.95
(-32.45%)
|
Target met |
Hold
|
|
|
|
|
20 Oct 2023
|
Wipro
|
Sharekhan
|
257.35
|
420.00
|
381.85
(-32.60%)
|
Target met |
Hold
|
|
|
|
|
19 Oct 2023
|
Wipro
|
Axis Direct
|
257.35
|
390.00
|
395.30
(-34.90%)
|
Target met |
Sell
|
|
|
We recommend a SELL rating on the stock and assign a 16x P/E multiple to its FY25E earnings of Rs 24/share to arrive at a TP of Rs 390/share, implying a downside of 4% from the CMP.
|
|
19 Oct 2023
|
Wipro
|
Motilal Oswal
|
257.35
|
418.00
|
395.30
(-34.90%)
|
Target met |
Neutral
|
|
|
|