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Wipro Share Price Target 2025 & More

  • October 17, 2024
  • 6 min read
Wipro Share Price Target 2025 & More

Introduction

Wipro Share Price Target 2025 – Technology just keeps on evolving and becoming more advanced. Evidently, “Wipro Limited” is known to be one of the leading IT services companies in India. Surely, Wipro has a huge presence in the world of information technology. This company though its services has managed to become very significant on a global level. In addition, a wide variety of IT, consulting as well as business process services are provided by Wipro. Definitely, Wipro as a company has built themselves a very good reputation in front of the world.

They are known for their diversified portfolio along with strategic management. On the other hand, they continue to introduce more innovations on a regular basis. For all of these factors and more the share of Wipro Limited has captured the attention of many investors. Especially those investors who are looking for long term growth on their money. In this blog, you will surely be informed about Wipro Share Price Target for 2025 to 2030 accompanied by more facts and information about the share as well as the company. Therefore, staying tuned might turn out to be beneficial on your investments.

Overview and fundamental data of Wipro Limited Share [Wipro Share Price Target 2025]

Market Cap – ₹2,92,155.62 Crore

Price to Earnings (P/E) Ratio – 32.76

Return on Assets (ROA) – 10.95%

Current Ratio – 2.75

Return on Equity (ROE) – 15.29%

52 Week High – ₹580

52 Week Low – ₹375

Dividend Yield – 0.19%

Essential facts about Wipro Limited [Wipro Share Price Target 2025]

As has been noted, Wipro is an IT Company providing tons of services. Evidently, this company was founded and established back on 29th of December 1945. Hence, more than 78 years ago. Also, the founder of Wipro was MH Hasham Premji. Initially, when it was established in 1945 this company used to be a manufacturer of vegetable oils. At the time this company was named Western India Vegetable Products Limited from 1945 till 1977. Thereafter, the name got changed to Wipro Products Limited. Then in 1982 the name was changed to Wipro Limited. It is indeed a public company. The industries Wipro dabbles in includes Information Technology, Consulting as well as Outsourcing. 

“Wipro Share Price Target 2025 to 2030”

2025INR 687
2026INR 730
2027INR 775
2028INR 820
2029INR 875
2030INR 955

More information about Wipro Limited [Wipro Share Price Target 2025]

Currently, the headquarters of Wipro are situated at Sarjapur Road, Bangalore, India. This company is a worldwide IT service provider. Additionally, the current serving Executive Chairman is known to be Rishad Premji. Whereas, the CEO of Wipro is Srini Pallia as of now. By holding 73.85 percent of Wipro, Azim Premji is the owner. According to the latest data from March of 2024, Wipro has more than 234000 employees. A company which once used to be a manufacturer of vegetable oils is now a giant in the global IT services industry. Evidently, the technological solutions, IT and consultant services offered here are provided to various industries. For example, healthcare, manufacturing, banking as well as energy. Lastly, this company has presence in more than 66 countries across the globe.

Shareholding pattern and percentage [Wipro Share Price Target 2025]

  • Promoters have 72.80 percent shareholding.
  • Thereafter, foreign institutions have 9.59 percent.
  • Retail and others have 8.90 percent.
  • And, Domestic institutions hold 4.56 percent.
  • Lastly, the remaining 4.15 percent is held by mutual funds.

Latest financials [Wipro Share Price Target 2025]

  • Revenue in 2024 – INR 92391
  • Profit in 2024 – INR 11112 crores
  • Net worth 2024 – INR 74667 crores

Current performance of Wipro Limited share [Wipro Share Price Target 2025]

Currently in 2024, this share of Wipro is not as profitable as it once upon a time used to be. To be more specific, right at this moment the price of this share sits at INR 528.70. In the past few weeks, not much of a boom has been witnessed in the price and it has even declined considerably. Today, this stock went down by 0.65 percent i.e., a reduction of INR 3.45 in the share price. In the past month, there has been a decrease of 4.20 percent i.e., INR 23.20.

In contrast, in the last 6 months there has been an increase of 18.98 percent which is INR 84.35. And, in the last one year this share has grown 28.51 percent i.e., INR 117. From the last few years, this stock has been very volatile and vulnerable. Indeed, the COVID 19 pandemic affected the performance of this share considerably. Otherwise it would have been at a different position now. Whereas, rising rates of interest and international geopolitical issues have also been impactful factors. Still Wipro and its share managed to navigate through these hardships.

What are the challenges and risks faced by the Wipro Limited share?

  • The global industry of Information Technology is indeed very competitive and heavily saturated. Therefore, Wipro faces a lot of intense competition out there. Competitors such as TCS, Infosys, Accenture and many more pose many challenges on Wipro.
  • At the same time, the fluctuations in the currency also impact the stock adversely. A huge amount of revenue earned by Wipro comes from the international markets. For the same reason, any kind of fluctuations in foreign exchange rates could have a major impact on their revenue and profits. Especially if the fluctuations are in USD and INR.
  • Other factors such as global inflation, geopolitical issues and chaos in supply chains also impact such IT companies. If the markets slow down Wipro will be under a lot of pressure and risk.
Wipro Share Price Target 2025
Wipro Share Price Target 2025

Conclusion

Surely, if you are considering buying these Wipro shares then you should be patient enough. That is because considerable growth can only be witnessed in the span of a few years. However, before investing make sure to go through all factors and aspects to avoid a loss. Also, come to an appropriate amount of capital to invest. It is hoped that you found what you were looking for here i.e., future projections for Wipro.

FAQs

Q – When did Wipro come into existence?

29 December 1945

Q – Who is the CEO of Wipro?

Srini Pallia

Q – Which stock exchange are the Wipro shares listed in?

Both BSE and NSE indeed.

[AUTHOR – PIYUSH CHAUHAN]

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