Table of Contents

Introduction

In today’s blog, we will delve into an in-depth analysis of Wipro share price target for the years 2024, 2025, 2027, 2030, and 2040. Our analysis is based on extensive research and expert advice to provide a comprehensive view of Wipro’s growth, performance, and future prospects. This article aims to be a valuable resource for potential investors considering Wipro as a viable investment option.

What Is Wipro Limited?

Wipro Limited is an Indian multinational corporation that provides information technology, consulting, and business process services. Originally known as Western Indian Palm Refined Oils Limited, Wipro has diversified significantly and now operates across computer security, digital transformation, data analytics, robotics, and other technology consulting services. The company serves clients in 168 countries and is a major player in the global IT services industry.

Financial Data Analysis of Wipro Limited

Understanding Wipro’s financial metrics is crucial for assessing its potential as an investment. Key ratios and performance indicators provide insights into the company’s operational efficiency and financial health.

History of Wipro Share Price Targets 2024 to 2040

Wipro’s share has shown a bullish trend in the stock market. Listed on both BSE (Bombay Stock Exchange) and NSE (National Stock Exchange), Wipro has consistently delivered substantial returns to its investors over the years.

Share Price Growth

• Last 6 months: +87.10 (18.54%)
• Last 1 year: +152.30 (37.63%)
• Last 5 years: +292.30 (110.43%)
• Maximum: +543.20 (3,936.23%)

Share Price Returns

• Last 5 years: 110.5%
• Last 3 years: -2.89%
• Last 1 year: 33.34%
• Last 1 month: 12.4%

Wipro Share Price Target 2024

Wipro is leveraging the next wave of Artificial Intelligence (AI) across its ecosystem, with 20 innovation centers, 55,000 ecosystem practitioners, and 2,000 AI engagements globally. The company’s AI capabilities are integrated through Wipro ai360, enhancing business functions and processes.

In 2023, Wipro’s net revenue rose to ₹90,512.89 Crore from ₹79,425.56 Crore in 2022. The company’s ROE has seen fluctuations, currently at 15.93%, down from 20.89% over the last three years. However, with ongoing AI integration, Wipro’s share price targets for 2024 are set at ₹430 and ₹665.

Wipro Share Price Target 2025

Wipro’s IT services segment saw a revenue increase of 30.2% in 2022. The company is a leader in cloud solutions, with Wipro Fullstride Cloud Services boasting 90,000 cloud professionals and over 250 IPs and assets for optimal business outcomes.

Despite a decline in net profit from ₹12,235.23 Crore in March 2022 to ₹9,256.45 Crore in March 2023, Wipro’s extensive cloud capabilities set optimistic share price targets for 2025 at ₹670 and ₹835.

Wipro Share Price Target 2027

Wipro’s digital operations and platforms have become crucial for future enterprises, with 75,000 domain experts and 30 business process centers. This has led to a 28.8% revenue increase in 2022.

Sales growth has been steady, with the last year’s increase at 14.23%. Despite some fluctuations, Wipro’s robust digital platforms position the share price targets for 2027 at ₹1025 and ₹1270.

Wipro Share Price Target 2030

Wipro’s digital transformation initiatives extend to the automotive and aerospace industries, providing comprehensive IT solutions and domain expertise.

With a promoter holding of around 73%, Wipro has strong investor confidence. The share price targets for 2030 are projected at ₹1836 and ₹2080, reflecting the company’s strategic industry engagements.

Wipro Share Price Target 2040

Wipro’s retail IT solutions and digital business transformation expertise offer significant growth opportunities in the long term.

With consistent operating profit growth and strategic investments, Wipro’s share price targets for 2040 are set at ₹4480 and ₹4720.

Peers of Wipro Limited

Wipro competes with several prominent companies in the IT services sector:

• 3i Infotech
• ACCEDERE
• Adroit Infotech
• Affle India
• AJEL

Investors Types and Ratios of Wipro Limited

Wipro’s investor base is diverse, comprising various types of investors:

Promoters Holding

Promoters hold a significant 73.20% stake in Wipro, indicating strong insider confidence.

Public Holding

The general public holds 10.40% of Wipro’s shares, representing individual and institutional investors.

FII

Foreign Institutional Investors (FII) hold 7.10% of Wipro’s shares, reflecting international interest in the company.

DII

Domestic Institutional Investors (DII) hold 9.30% of the shares, indicating strong domestic investment.

Advantages and Disadvantages of Wipro Share

Advantages

• Debt-Free: Wipro is virtually debt-free, which enhances its financial stability.
• Strong Cash Conversion: The company has a high cash conversion ratio of 122.97.
• Zero Promoter Pledges: This indicates strong promoter confidence.
• High Interest Cover Ratio: A ratio of 21.36 suggests robust financial health.

Disadvantages

• Declining Profit Growth: The profit growth has decreased over the past three years.
• Decreasing Revenue: The revenue has seen a downturn recently.
• Reduced ROA: The Return on Assets has declined, indicating inefficient use of assets.

Also Read: Titan Share Price Target: A Comprehensive Analysis for 2024 to 2040

FAQ

Conclusion

In conclusion, Wipro Limited has established itself as a prominent player in the IT and consulting industry, with a substantial global footprint and a diverse range of services. The company’s financial performance, innovation in AI and digital transformation, and robust business strategies have contributed to its strong market position.

The share price targets for Wipro from 2024 to 2040 reflect a positive outlook, with significant growth potential. Investors considering Wipro shares should evaluate the company’s long-term prospects, financial health, and market conditions. Given the dynamic nature of the financial market, it is advisable to seek guidance from certified financial experts before making investment decisions.

Wipro’s commitment to innovation, digital solutions, and customer-centric services makes it a promising investment for those looking to capitalize on the growth of the IT sector. As always, thorough research and professional advice are essential for making informed investment choices.

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Disclaimer: We are not SEBI-registered advisors. The financial market involves inherent risks. This blog is intended for informational and educational purposes only. Before making any investment decisions, please consult with certified financial experts. We are not responsible for any financial losses incurred based on the information provided here.