Wipro Share Price Target: In this article, you will read about Wipro Share Price Target prediction for this year’s end and the upcoming years 2024, 2025, 2027, 2030, and 2035.
By the end of this article, you may get an idea about Wipro, and the expected share price target. We will do the analysis and predict whether the stock is best for long-term investment or not.
Wipro Overview:
Wipro is an Indian multinational corporation. Wipro provides information technology, consultant and business process services. It’s headquarters are located at Bengaluru, India. Wipro was founded in the year 1945. From the below table, you can get to know all the information on its official website.
| 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 |
Shareholders of Wipro:
- Promoters. 72.93%
- Retail And Others. 12.70%
- Foreign Institutions. 6.47%
- Other Domestic Institutions. 5.11%
- Mutual Funds. 2.79%
Fundamentals of Wipro:
The market cap of Wipro is ₹ 2.33T. The number of shares outstanding is 5.22B. And Earnings per share is ₹21.43. From the table below, you can get to know about the Price of the earnings Ratio (P/E), BOOK VALUE, Price to book (P/B), and many more like Dividend yield.
| Market cap | 2.33T |
| Enterprise value | ₹2,170,908,573,696.00 |
| Shares outstanding | 5.22B |
| P/E ratio | 20.87 |
| Forward P/E ratio | 18.77 |
| Price / Book | 3.34 |
| Book value | ₹134.03 |
| Payout ratio | 4.67% |
| Quick ratio | 2.14 |
| Current ratio | 2.29 |
| Debt / Equity | 25.61 |
| Price / Sales | 2.54 |
| Earnings per share | ₹21.43 |
| Revenue per share | ₹169.34 |
| Total cash per share | ₹64.75 |
| Forward annual dividend rate | ₹6.00 |
| Ex-Dividend date | January 24, 2023 |
| Forward annual dividend yield | 1.34% |
| Five Year Avg Dividend Yield | 0.53 |
| Total cash | 337.62B |
| Total debt | 179.17B |
| Total revenue | 917.66B |
| Return on assets | 7.96% |
| Return on equity | 16.52% |
| Gross profit | 259.43B |
| Gross margin | 29.55% |
| % Held by insiders | 73.13% |
| % Held by Institutions | 13.95% |
Wipro Share Price NSE/BSE:
Wipro Shares were listed in the (NSE) National Stock Exchange and (BSE) Bombay Stock Exchange.
Wipro shares on NSE are currently trading at around 445.55 INR, each as of December 2023. Wipro shares on BSE are currently trading at 445.70 INR.
Wipro Ltd. Stock details:
| BSE Script Code | 507685 |
| Face Value | 2 |
| Symbol | WIPRO |
| BSE Script ID | WIPRO |
| ISIN Number | INE075A01022 |
| Industry | Computers – Software & Consulting |
| Series | EQ |
| 52 Week High | ₹443.75 (Sep 15, 2023) |
| 52 Week Low | ₹352.00 (Apr 17, 2023) |
Wipro Share Price History:
| Year | Wipro | YOY Chg% |
|---|---|---|
| 1993 | ₹1.10 | – |
| 1994 | ₹1.10 | – |
| 1995 | ₹1.26 | 14.5% |
| 1996 | ₹1.00 | -20.7% |
| 1997 | ₹4.17 | 317% |
| 1998 | ₹16.16 | 287.5% |
| 1999 | ₹114.28 | 607.1% |
| 2000 | ₹105.74 | -7.5% |
| 2001 | ₹70.41 | -33.5% |
| 2002 | ₹71.65 | 1.7% |
| 2003 | ₹76.35 | 6.5% |
| 2004 | ₹98.60 | 29.1% |
| 2005 | ₹122.18 | 23.9% |
| 2006 | ₹159.38 | 30.4% |
| 2007 | ₹138.57 | -13.1% |
| 2008 | ₹61.57 | -55.6% |
| 2009 | ₹134.34 | 118.1% |
| 2010 | ₹161.56 | 20.2% |
| 2011 | ₹131.42 | -18.7% |
| 2012 | ₹129.96 | -1.2% |
| 2013 | ₹209.64 | 61.3% |
| 2014 | ₹207.68 | -1% |
| 2015 | ₹209.93 | 1% |
| 2016 | ₹177.75 | -15.4% |
| 2017 | ₹235.05 | 32.2% |
| 2018 | ₹247.69 | 5.3% |
| 2019 | ₹245.95 | -0.8% |
| 2020 | ₹386.25 | 57% |
| 2021 | ₹715.20 | 85.1% |
| 2022 | ₹392.80 | -45.1% |
| 2023 | ₹447.25 | 13.8% |
Wipro Expected Share Price Target:
| Year | Minimum Target (₹) | Maximum Target (₹) |
|---|---|---|
| 2024 | ₹475 | ₹575 |
| 2025 | ₹570 | ₹665 |
| 2026 | ₹660 | ₹775 |
| 2027 | ₹760 | ₹825 |
| 2030 | ₹1000 | ₹1100 |
| 2035 | ₹1,400 | ₹1,500 |
Also Consider Reading: Paytm Share Price Target.
Wipro Share Price Target 2024:
On the analysis we will get to know the Wipro share price target by 2024, the minimum price range of 475, and the maximum share price of 575. This range of amounts is based on the strategies of the company.
Wipro Share Price Target 2024 As Follows:
| Year | Target 1 | Target 2 |
| 2024 | 475 | 575 |
Wipro Share Price Target 2025:
The expected minimum range of Wipro share price target in 2025 is 570, and the maximum share price target is 665.
Wipro Share Price Target 2025 As Follows:
| Year | Target 1 | Target 2 |
| 2025 | 570 | 665 |
Wipro Share Price Target 2027:
The expected minimum range of Wipro share price target in 2027 is 760, and the maximum share price target is 825.
Wipro Share Price Target 2027 As Follows:
| Year | Target 1 | Target 2 |
| 2027 | 760 | 825 |
Wipro Share Price Target 2030:
Looking ahead to 2030 the expected minimum price range for Wipro shares is 1000, and the maximum price range is 1100.
Wipro Share Price Target 2030 As Follows:
| Year | Target 1 | Target 2 |
| 2030 | 1000 | 1100 |
Wipro Share Price Target 2035:
By the year 2035, the expected minimum range of Wipro share price is 1400, and the maximum price range is 1500.
| Year | Target 1 | Target 2 |
| 2035 | 1400 | 1500 |
Conclusion:
I hope you got clarity on the Wipro Share Price Target from 2024 to 2035. This is just the prediction; You need to analyze the graph to get an idea.
Disclaimer:
Dear people, we would like to inform you that we are not authorized by SEBI. The share price target for Wipro is provided for educational and informational purposes only. The price predictions will only be valid when the market sign is positive. We do not recommend anyone to buy, sell, or hold any stock. Investors should make their analysis or take suggestions from their financial advisers/experts before making any investments.
FAQ
1. What is the Wipro Share Price Target for 2024?
A: The expected price target for Wipro in 2024 is 475 to 575 per share.
2. What is the Wipro Share Price Target for 2025?
A: The expected price target for Wipro in 2025 is 570 to 665 per share.
3. What is the Wipro Share Price Target for 2027?
A: The expected price target for Wipro in 2027 is 660 to 775 per share.
4. What is the Wipro Share Price Target for 2030?
A: The expected price target for Wipro in 2030 is 1000 to 1100 per share.
5. What is the Wipro Share Price Target for 2035?
A: The expected price target for Wipro in 2035 is 1400 to 1500 per share.
