Wipro Share Price Target This post will provide detailed information on the projected share price targets for Wipro from 2024 to 2030, building on the current price of Rs ₹539.80.
Wipro Share Price Target
Wipro company was founded in 1945 under the name Western India Palm Refined Oil Limited, with a primary focus on soap products. Over time, Wipro strategically shifted its focus to the IT industry, specifically software development, allowing it to become a prominent player in the IT sector by leveraging the services market. Wipro’s projected share prices are as follows: 2024 – ₹536.13, 2025 – ₹636.15, 2026 – ₹680.23, 2027 – ₹633.90, 2028 – ₹673.70, and by 2030 – ₹776.14.
Wipro’s target share prices are as follows: 2024 – ₹536.13, 2025 – ₹636.15, 2026 – ₹680.23, 2027 – ₹633.90, 2028 – ₹673.70, and by 2030 – ₹776.14.
Wipro Share Price Target
Wipro Share Price Target
Price
Wipro Share Price Target 2024
₹536.13
Wipro Share Price Target 2025
₹636.15
Wipro Share Price Target 2026
₹680.23
Wipro Share Price Target 2027
₹633.90
Wipro Share Price Target 2028
₹673.70
Wipro Share Price Target 2029
₹699.10
Wipro Share Price Target 2030
₹776.14
Wipro Share Price Target 2023
Wipro initially focused on software product engineering upon entering the IT industry. Exploiting the global demand for IT services, Wipro diversified its portfolio to encompass IT consulting, business process outsourcing, and systems integration. This expansion led to the growth of the company. The Wipro Share Price Target is set at ₹449.40 for 2023 to facilitate additional growth.
For 2024, analysts remain cautiously optimistic. Wipro is expected to navigate the current economic uncertainties and witness moderate growth. Share price targets range from ₹535 to ₹621, with an average expectation of ₹583 to ₹595. This signifies potential upside but also acknowledges the headwinds the company faces.
Wipro Share Price Target 2025
Wipro has prioritized its customers, adapted to technological advancements, and demonstrated unwavering commitment to customer satisfaction. As a result, Wipro is experiencing significant profits and sustained growth, reflected in its continuously increasing share prices. The projected target for Wipro share price in 2025 is ₹636.15 to support future growth.
Wipro Share Price Target 2025
Price
January 2025
₹567.10
February 2025
₹569.10
March 2025
₹578.20
April 2025
₹583.20
May 2025
₹589.15
June 2025
₹595.10
July 2025
₹599.20
August 2025
₹608.30
September 2025
₹619.35
October 2025
₹627.40
November 2025
₹631.40
December 2025
₹636.15
Wipro Share Price Target 2025
₹636.15
Wipro Share Price Target 2026
In 2011, Azim Premji, the CEO of Wipro, stepped down, signaling a shift towards digital, cloud services, and a heightened emphasis on artificial intelligence. The target share price for Wipro in 2026 is set at ₹680.23 to support future growth.
Wipro Share Price Target 2026
Price
January 2026
₹638.60
February 2026
₹640.65
March 2026
₹643.70
April 2026
₹647.75
May 2026
₹652.80
June 2026
₹656.90
July 2026
₹659.00
August 2026
₹663.30
September 2026
₹666.35
October 2026
₹669.40
November 2026
₹673.40
December 2026
₹680.23
Wipro Share Price Target 2026
₹680.23
Wipro Share Price Target 2027
Upon stepping down as CEO, the company proceeded with its development, embracing emerging trends to stay pertinent in the rapidly evolving technological landscape. Wipro consistently enhanced its technological capabilities, resulting in substantial growth. The target share price for Wipro in 2027 is ₹633.90 to support its future expansion.
Wipro Share Price Target 2027
Price
January 2027
₹681.60
February 2027
₹653.65
March 2027
₹648.70
April 2027
₹632.75
May 2027
₹636.80
June 2027
₹639.90
July 2027
₹634.00
August 2027
₹637.30
September 2027
₹639.35
October 2027
₹634.40
November 2027
₹638.40
December 2027
₹633.90
Wipro Share Price Target 2027
₹633.90
Wipro Share Price Target 2028
Wipro, like any other company, has encountered various obstacles and fluctuations. The performance of Wipro’s stocks mirrored its corporate development, with the company overcoming these challenges and subsequently experiencing positive growth. As a result, there was an increase in Wipro’s stock value, with a projected target of ₹673.70 in 2028 for continued growth.
Wipro Share Price Target 2028
Price
January 2028
₹625.20
February 2028
₹628.30
March 2028
₹634.00
April 2028
₹640.60
May 2028
₹641.65
June 2028
₹645.60
July 2028
₹651.74
August 2028
₹656.50
September 2028
₹659.00
October 2028
₹664.70
November 2028
₹669.55
December 2028
₹673.70
Wipro Share Price Target 2028
₹673.70
Wipro Share Price Target 2029
Wipro targets a share price of ₹699.10 in 2029 for continued growth.
Wipro Share Price Target 2029
Price
January 2029
₹674.10
February 2029
₹676.20
March 2029
₹678.20
April 2029
₹68.60
May 2029
₹681.65
June 2029
₹684.60
July 2029
₹687.44
August 2029
₹689.50
September 2029
₹692.60
October 2029
₹694.70
November 2029
₹696.90
December 2029
₹699.10
Wipro Share Price Target 2029
₹699.10
Wipro Share Price Target 2030
Wipro has emerged as the biggest IT firm in India and has established a strong presence in the sector, leading to consistent growth. Its share price has been on a continuous upward trend, attracting a growing number of investors. The projected Wipro share price target is ₹776.14 by 2030 to support its ongoing expansion.
Wipro Share Price Target 2030
Price
January 2030
₹700.10
February 2030
₹709.20
March 2030
₹715.40
April 2030
₹719.60
May 2030
₹726.65
June 2030
₹734.80
July 2030
₹745.00
August 2030
₹751.30
September 2030
₹759.60
October 2030
₹768.70
November 2030
₹771.90
December 230
₹776.14
Wipro Share Price Target 2030
₹776.14
Wipro Share Price Target 2040
Year
Wipro Share Price Forecast 2040
2040
₹6500
Wipro Share Price Target 2050
Year
Wipro Share Price Target 2050
2050
₹16000
Wipro Ltd. Fundamentals
Wipro Ltd. Fundamentals
Value
Market Cap
₹ 2,53,644.73 Cr.
Enterprise Value
₹ 2,54,298.43 Cr.
Number of Shares
522.44 Cr.
P/E
28.38
P/B
4.57
Face Value
₹ 2
Dividend Yield
0.21 %
Book Value (TTM)
₹ 106.35
Cash
₹ 4,527 Cr.
Debt
₹ 5,180.70 Cr.
Promoter Holding
72.93 %
EPS (TTM)
₹ 17.10
Sales Growth
13.73%
ROE
15.82%
ROCE
19.85%
Profit Growth
-24.38%
The market capitalization of the company stands at ₹2,53,644.73 Crores, with an enterprise value of ₹2,54,298.43 Crores. It has 522.44 Crores shares, a P/E ratio of 28.38, and a P/B ratio of 4.57. Each share has a face value of ₹2, a dividend yield of 0.21%, and a book value (TTM) of ₹106.35. The company holds ₹4,527 Crores in cash and ₹5,180.70 Crores in debt, with a promoter holding of 72.93%. Its earnings per share (TTM) is ₹17.10, and it experienced a sales growth of 13.73%. The Return on Equity (ROE) stands at 15.82%, while the Return on Capital Employed (ROCE) is 19.85%. Nevertheless, there has been a -24.38% negative profit growth.
Wipro Ltd. Balancesheet
Equity and Liabilities
MAR 2021 (In CR.)
MAR 2022 (In CR.)
MAR 2023 (In CR.)
Share Capital (Cr.)
1,095.80
1,096.40
1,097.60
Total Reserves (Cr.)
44,145.80
53,254.30
61,664.70
Borrowings (Cr.)
14.10
5.70
0
Other Non-Current Liabilities (Cr.)
2,300.80
2,799.40
3,635.70
Current Liabilities (Cr.)
18,132.40
23,173.70
18,842.80
Total Liabilities (Cr.)
65,688.90
80,329.50
85,240.80
Assests
MAR 2021 (In CR.)
MAR 2022 (In CR.)
MAR 2023 (In CR.)
Net Block (Cr.)
7,288.10
8,037.70
8,824.70
Capital Work-in-Progress (Cr.)
1,848.00
1,584.50
603.80
Intangible Work-in-Progress (Cr.)
0
0
0
Investments (Cr.)
8,206.70
16,557.20
19,372.80
Loans & Advances (Cr.)
2,336.50
1,577.60
1,780.80
Other Non-Current Assets (Cr.)
630.10
800.30
680.90
Current Assets (Cr.)
45,379.50
51,772.20
53,977.80
Total Assets (Cr.)
65,688.90
80,329.50
85,240.80
Wpro Ltd. Profit & Loss
PARTICULARS
MAR 2021 (In CR.)
MAR 2022 (In CR.)
MAR 2023 (In CR.)
Net Sales (Cr.)
50,299.40
59,574.40
67,753.40
Total Expenditure (Cr.)
38,553.90
47,266.80
56,087.80
Operating Profit (Cr.)
11,745.50
12,307.60
11,665.60
Other Income (Cr.)
2,691.20
4,809.70
2,824.30
Interest (Cr.)
402.60
367.40
628.90
Depreciation (Cr.)
1,349.30
1,485.70
1,592.10
Exceptional Items (Cr.)
0
0
0
Profit Before Tax (Cr.)
12,684.80
15,264.20
12,268.90
Provision for Tax (Cr.)
2,623.90
3,128.90
3,092.20
Net Profit (Cr.)
10,060.90
12,135.30
9,176.70
Adjusted EPS (Rs.)
18.36
22.14
16.72
Wipro Ltd. Cash Flows
WIPRO Cash Flows
MAR 2021 (In CR.)
MAR 2022 (In CR.)
MAR 2023 (In CR.)
Profit from Operations (Cr.)
12,684.80
15,264.20
12,268.90
Adjustment (Cr.)
-693.50
-2,131.50
825.70
Changes in Assets & Liabilities (Cr.)
3,012.30
-3,802.60
277.30
Tax Paid (Cr.)
-2,275.90
-2,089.60
-2,180.30
Operating Cash Flow (Cr.)
12,727.70
7,240.50
11,191.60
Investing Cash Flow (Cr.)
-1,282.80
-12,620.30
-4,759.10
Financing Cash Flow (Cr.)
-12,105.70
494.70
-6,803.60
Net Cash Flow (Cr.)
-660.80
-4,885.10
-371.10
Wipro Share Price Target 2024 To 2050 In Shortly
Wipro Share Price Target 2024
The projected target for Wipro’s share price is ₹466.13 in 2024 with the aim of achieving additional growth.
Wipro Share Price Target 2025
Wipro’s target share price is set at ₹536.15 for 2025 to stimulate additional growth.
Wipro Share Price Target 2030
Wipro aims for a share price target of ₹776.14 by 2030 to fuel future growth.
What will be the Wipro Ltd. Share Price Target in 2040?
The range of ₹9,000 to ₹11,000 (optimistic) is highly uncertain because of the lengthy timeframe and various influencing factors.
