Wipro Share Price Target 2023, 2024, 2025, 2026, 2027, 2030, 2040, 2050, Wipro Share Price Forecast,Wipro share price prediction
Wipro Share Price Target 2023, 2024, 2025, 2026, 2027, 2030, 2040, 2050, Wipro Share Price Forecast,Wipro share price prediction

Wipro Share Price Target 2023, 2024, 2025, 2026, 2030

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Wipro Limited is an Indian multinational corporation that provides information technology, consulting, and business process services. It is headquartered in Bangalore, Karnataka, India. Wipro is one of the largest IT companies in India and has a global presence with offices and delivery centers in various countries. In this Article we will discuss about Wipro Share Price Target 2023, 2024, 2025, 2026, 2027, 2028, 2029, 2030.

Introduction

Wipro was founded in 1945 by Mohamed Premji as a vegetable oil manufacturer and later diversified into IT services in the 1980s. Over the years, it has grown into a major player in the global IT industry. Wipro has a strong focus on innovation and has made significant investments in research and development to stay at the forefront of technology.
In addition to its IT services, Wipro has a social responsibility program called the Wipro Cares initiative, which focuses on education, healthcare, and environmental sustainability. The company is also known for its commitment to corporate governance and ethical business practices.

Business Model of Wipro Limited

The business model of Wipro Limited revolves around providing information technology (IT) services, consulting, and business process outsourcing to clients across various industries. Here are the key elements of Wipro’s business model:

  • IT Services: Wipro offers a wide range of IT services to its clients, including application development and maintenance, system integration, infrastructure services, cloud computing, cybersecurity, data analytics, and enterprise mobility solutions. These services are tailored to meet the specific needs of each client and help them improve operational efficiency, enhance customer experience, and drive business growth.
  • Consulting: Wipro provides strategic consulting services to help clients identify business challenges, develop IT strategies, and transform their operations. The company’s consultants work closely with clients to understand their business objectives and provide recommendations on technology adoption, process optimization, and organizational change management.
  • Business Process Outsourcing (BPO): Wipro offers business process outsourcing services to help clients streamline their non-core business functions and improve operational efficiency. These services include finance and accounting, human resources, procurement, customer support, and supply chain management. By outsourcing these processes to Wipro, clients can focus on their core competencies and reduce costs.
  • Industry-specific Solutions: Wipro has developed industry-specific solutions to cater to the unique needs of various sectors, including banking and financial services, healthcare, manufacturing, retail, telecommunications, and energy. These solutions leverage Wipro’s domain expertise and technology capabilities to address industry-specific challenges and enable clients to stay competitive in their respective markets.
  • Digital Transformation: Wipro helps clients embrace digital technologies and transform their businesses to meet the demands of the digital age. This includes adopting technologies such as artificial intelligence, machine learning, Internet of Things (IoT), blockchain, and automation to drive innovation, improve efficiency, and deliver personalized customer experiences.
  • Global Delivery Model: Wipro follows a global delivery model, which involves leveraging its global network of delivery centers and employing a mix of onshore, nearshore, and offshore resources to deliver services to clients worldwide. This model enables Wipro to provide cost-effective solutions while maintaining high-quality standards and ensuring seamless collaboration with clients.
  • Innovation and R&D: Wipro places a strong emphasis on innovation and invests in research and development (R&D) activities. The company encourages its employees to explore emerging technologies, develop new solutions, and collaborate with clients, academia, and technology partners to drive innovation and create value for clients.

Shareholding of Wipro Limited

Shareholding pattern of Wipro Limited as of March 31, 2023:

  • Promoters: 72.3%
  • Foreign Institutional Investors (FIIs): 6.4%
  • Domestic Institutional Investors (DIIs): 10.4%
  • Public: 10.1%
  • Others: 0.2%

The promoters of Wipro are Azim Premji and his family, who own a controlling stake in the company. FIIs are the largest foreign investors in Wipro, followed by DIIs. The public sector holds a small stake in the company, while others account for a negligible percentage.

Wipro Limited Share

Wipro Share listed on the Bombay Stock Exchange (BSE) and National Stock Exchange of India (NSE).
As of June 24, 2023, Wipro’s share price on the NSE was INR 379.95/- Wipro’s Lab Share 52 week high at Rs. 444.90/- & 52 week low Rs.352/-. The P/E Ratio of Divi’s Lab is 18.37 & Dividends Yield is 0.26%.

Company NameWipro Limited
Share NameWIPRO
SectorIT
HeadquaterBenglore
Foundation1945
Key PersonThierry Delaporte ( CEO)
Market Cap2,08,548.55 Crores Rs.
Revenue70,160.7 Crore Rs
Official WebsiteClick Here
Wipro Share Details

Wipro Share Price Target 2023, 2024, 2025, 2026, 2027, 2028, 2029, 2030, 2040, 2050

YearFirst TargetSecond Target
2023440560
2024580670
2025690780
2026810930
20279501100
202811401310
202913501520
203015701750
204047505850
20501140013900
Wipro Share Price Target List

Note:- “That these share price targets for “Wipro Share” are only provided for the purpose of reference and that this prediction will only hold true in the event that there is optimism in the market. Any uncertainties regarding the company or the current state of the global market will not be addressed in this analysis.”

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Annual Result Summary of Wipro Limited

Here is the annual result summary of Wipro Limited for 2022-23:

  • Revenue: Revenue for the year ended March 31, 2023 was Rs. 2,08,491 crore, an increase of 14.1% from the previous year.
  • Profit: Net profit for the year was Rs. 113,665 crore, a decrease of 7.2% from the previous year.
  • Margins: Operating profit margin was 18.5%, a decrease of 2.4 percentage points from the previous year.
  • Order book: The order book stood at Rs. 2,58,937 crore as of March 31, 2023, an increase of 11.4% from the previous year.
  • New clients: Wipro added 2,400 new clients during the year, taking the total number of active clients to 11,400.
  • Geographics: The Americas region contributed 37.2% of revenue, followed by Europe at 32.5% and India at 18.1%.
  • Segments: The IT Services segment contributed 88.8% of revenue, followed by the IT Products segment at 9.6% and the Infrastructure Services segment at 1.6%.

Overall, the annual results for Wipro Limited were mixed. Revenue growth was strong, but profit margins declined. The company added new clients and its order book grew, but it faces some challenges in terms of margins and profitability.

Last 5 Year Growth of Wipro Share

In Last 5 year Wipro’s Share give 93.72% returns to its Investors.

YearShare Price
June- 2019280.50
June- 2020225.45
June- 2021547.50
June- 2022405.20
June- 2023379.95

Here are some of the factors that have contributed to the growth of Wipro’s share price over the last 5 years:

  • Strong revenue growth: Wipro’s revenue has grown steadily over the last 5 years, driven by the growth of the IT industry and the company’s focus on innovation.
  • Focus on customer satisfaction: Wipro has a strong focus on customer satisfaction, which has helped to drive repeat business and new customers.
  • Acquisitions: Wipro has made several acquisitions over the last 5 years, which have helped to expand its product and service offerings.
  • Strong management team: Wipro has a strong management team that has a track record of delivering results.

Wipro Share Price Target 2023

Wipro has a significant global presence with operations and delivery centers in over 60 countries. It serves clients across the Americas, Europe, Asia Pacific, the Middle East, and Africa. The company has established a strong presence in key IT markets worldwide.
Wipro share price target 2023 are as follows –

Target Year1st Target2nd Target
2023₹440₹560

Wipro Share Price Target 2024

Wipro offers a wide range of services to its clients, including IT consulting, application development and maintenance, system integration, infrastructure services, business process outsourcing, and digital transformation solutions.
Wipro Lab share price target 2024 are as follows –

Target Year1st Target2nd Target
2024₹580₹670

Wipro Share Price Target 2025

Wipro places a strong emphasis on innovation and has dedicated research and development (R&D) centers to drive technological advancements. The company invests in emerging technologies, collaborates with academic institutions and partners with clients to develop innovative solutions and stay at the forefront of the industry.
Wipro share price target 2025 are as follows –

Target Year1st Target2nd Target
2025₹690₹780

Wipro Share Price Target 2026

Wipro serves a wide range of clients across industries, including banking and financial services, healthcare, manufacturing, retail, telecommunications, energy, and more. It works with both large enterprises and mid-sized businesses, offering them tailored IT solutions and services to address their specific needs.
Wipro share price target 2026 are as follows –

Target Year1st Target2nd Target
2026₹810₹930

Wipro Share Price Target 2027

Wipro’s future growth may be influenced by its ability to deepen its expertise in specific industries and develop tailored solutions to address industry-specific challenges. By focusing on key sectors and understanding their unique requirements, Wipro can position itself as a trusted partner for industry-specific digital transformation initiatives.
Wipro share price target 2027 are as follows –

Target Year1st Target2nd Target
2027₹950₹1100

Wipro Share Price Target 2028

Wipro has already established a global presence, but expanding further into new markets and regions may be a part of its future growth strategy. As businesses continue to seek IT services globally, Wipro’s ability to effectively serve clients in diverse markets can contribute to its future success.
Wipro share price target 2028 are as follows –

Target Year1st Target2nd Target
2028₹1140₹1310

Wipro Share Price Target 2029

Wipro is committed to social responsibility and sustainability. The company has undertaken various initiatives in the areas of education, healthcare, environment, and community development. The Wipro Cares program focuses on making a positive impact on society through various philanthropic activities.
Wipro share price target 2029 are as follows –

Target Year1st Target2nd Target
2029₹1350₹1520

Wipro Share Price Target 2030

Wipro has strategically acquired several companies to expand its capabilities and offerings. These acquisitions have helped Wipro enter new markets, enhance its service portfolio, and strengthen its position in the industry. Notable acquisitions include Appirio, Designit, and Capco.
Wipro share price target 2030 are as follows –

Target Year1st Target2nd Target
2030₹1570₹1750

Dividend History of Wipro Share

Here is a brief overview of Wipro dividend history over the past few years:

  • In 2022, Company declared a final dividend of Rs.1 per share.
  • In 2012, Company declared a final dividend of Rs.5 per share.
  • In 2011, Company declared a final dividend of Rs.1 per share.
  • In 2010, Company declared a final dividend of Rs.1 per share.

Joint venture & Subsidiaries of Wipro Limited

Wipro Limited has engaged in several joint ventures and has subsidiaries that operate in various industries and regions. Here are some notable joint ventures and subsidiaries of Wipro:

  • Wipro GE Healthcare: Wipro had a joint venture with General Electric (GE) called Wipro GE Healthcare. This joint venture focused on providing healthcare IT solutions, medical imaging, and diagnostic technologies. However, as of my knowledge cutoff in September 2021, the joint venture was in the process of being dissolved, and GE planned to take full control of the healthcare business.
  • Wipro Enterprises Limited: Wipro Enterprises is a division of Wipro Limited and consists of three separate businesses: Wipro Consumer Care and Lighting, Wipro Infrastructure Engineering, and Wipro GE Medical Systems. Wipro Consumer Care and Lighting deals with consumer products, personal care, and lighting solutions. Wipro Infrastructure Engineering specializes in hydraulic cylinders, truck tipping systems, and aerospace components. Wipro GE Medical Systems focuses on healthcare diagnostic equipment.
  • Appirio (a Wipro Company): Appirio is a subsidiary of Wipro that specializes in cloud consulting and implementation services. It provides services related to customer experience, employee experience, and business operations on cloud platforms such as Salesforce, Workday, and Google Cloud. Appirio’s expertise lies in digital transformation, cloud strategy, and software development.
  • Wipro Gallagher Solutions: Wipro Gallagher Solutions is a subsidiary of Wipro that offers end-to-end software solutions for the mortgage industry. Their products and services encompass loan origination, processing, underwriting, compliance, and servicing.
  • Wipro Technologies Philippines Inc.: Wipro Technologies Philippines Inc. is a subsidiary of Wipro that operates in the Philippines. It provides IT consulting, software development, and outsourcing services to clients in the Philippines and globally.
  • Designit (a Wipro Company): Designit is a strategic design firm that focuses on creating innovative and human-centered solutions for businesses. Designit became a part of Wipro through acquisition and operates as a subsidiary, offering services in design thinking, user experience design, and digital transformation.

Future Plans of Wipro Limited

Wipro Limited has a number of future plans, including:

  • Focus on cloud: Wipro plans to focus on cloud computing, as it sees this as a key area of growth in the IT industry. The company has already made a number of investments in cloud computing, and it plans to continue to do so in the future.
  • Invest in emerging technologies: Wipro also plans to invest in emerging technologies, such as artificial intelligence, machine learning, and blockchain. These technologies are still in their early stages of development, but Wipro believes that they have the potential to revolutionize the IT industry.
  • Expand into new markets: Wipro plans to expand into new markets, such as the Middle East and Africa. The company believes that these markets have significant growth potential, and it wants to be a leader in these regions.
  • Strengthen its customer focus: Wipro plans to strengthen its customer focus. The company wants to be known as a partner that can help its customers succeed.

FAQs –

Why wipro share price falling?

There are a few causes behind the recent decline in Wipro’s share price. These consist of:
Geopolitical risks: The ongoing conflict between Russia and Ukraine and the prospect of a worldwide recession have raised doubts about the state of the economy, which has hurt the stock prices of IT firms like Wipro. In an effort to battle inflation, which has made it more expensive for businesses to borrow money, the US Federal Reserve has hiked interest rates. The share prices of IT firms like Wipro have been impacted by this as well.
Competition: As new players from China and other nations enter the market, the IT business is getting more and more competitive. Margin and profitability pressure has been applied to Wipro as a result.
Internal issues: Wipro has also been facing some internal issues, such as a management shake-up and a delay in its cloud computing strategy. These issues have also contributed to the decline in the company’s share price.

What is the Share Price of Wipro?

As on 23 June 2023, The share price of wipro is Rs.379.95/-

Will Wipro rise in future?

it is too early to say for certain whether Wipro’s share price will rise in the future. Nevertheless, the business benefits from a number of aspects, including its proven track record, its investments in cutting-edge technology, and the expansion of the IT sector. These elements imply that Wipro is well-positioned for long-term growth.

What will be the target of Wipro share in 2025?

As per our Analysis, in 2025 Wipro share price will be Rs.690 to 780 & some by others market analyst
predictions for Wipro’s share price in 2025:
Sharekhan: Sharekhan has a target price of Rs. 548 for Wipro shares in 2025.
ICICI Securities: ICICI Securities has a target price of Rs. 565 for Wipro shares in 2025.
Motilal Oswal: Motilal Oswal has a target price of Rs. 500 for Wipro shares in 2025.

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