Target for Wipro Share Price for Wipro Building on the current price of Rs ₹539.80, this piece will provide comprehensive information on the anticipated share price projections for Wipro from 2024 to 2030.
Target for Wipro Share Price
Western India Palm Refined Oil Limited was the original name of the Wipro company when it was established in 1945, and its main product was soap. Wipro gradually changed its emphasis to the software development sector of the IT industry, which helped it to become a major player by utilising the services market. The following are the expected share prices for Wipro in 2024: ₹536.13, ₹636.15, ₹680.23, ₹633.90, ₹673.70, and by 2030: ₹776.14.
Target Years for Wipro Share Price: 2023–2024–2025–2026–2027–2028
Target Wipro share price are as follows until 2030: ₹536.13 in 2024, ₹636.15 in 2025, ₹680.23 in 2026, ₹633.90 in 2027, ₹673.70 in 2028, and ₹776.14 by 2030.
When Wipro first started in the IT sector, it concentrated on software product engineering. Wipro expanded its offerings to include systems integration, business process outsourcing, and IT consulting by taking advantage of the need for IT services around the world. The company grew as a result of this expansion. For 2023, the Wipro Share Price Target has been established at ₹449.40 in order to allow for further growth.
Wipro Share Price Target 2024
Year
Wipro Share Price Forecast 2024
2024
₹583 to ₹595
Analysts are still cautiously hopeful about 2024. It is anticipated that Wipro will manage the present economic turbulence and experience modest expansion. The average expectation is between ₹583 and ₹595, with share price targets ranging from ₹535 to ₹621. This shows the company’s potential for success while also recognizing its challenges.
Target Share Price for Wipro by 2025
Wipro has shown an unwavering dedication to customer satisfaction, prioritised its clients, and reacted to technology advancements. Consequently, Wipro is witnessing noteworthy earnings and steady expansion, which is seen in its steadily rising stock values. Wipro’s share price is expected to reach ₹636.15 in 2025, in order to facilitate further expansion.
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
Target Share Price for Wipro by 2026
Wipro Share Price CEO, Azim Premji, resigned in 2011, indicating a move toward digital and cloud services as well as a greater focus on artificial intelligence. In order to facilitate further expansion, Wipro has set a target share price of ₹680.23 for 2026.
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
Target Share Price for Wipro by 2027
After he resigned as CEO, the business continued to grow, adopting new trends to remain relevant in the quickly changing tech world. Wipro has grown significantly as a result of continuously improving its technological skills. Wipro aims to reach a share price of ₹633.90 in 2027 in order to finance its continued growth.
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
Target Share Price for Wipro by 2028
Like any other business, Wipro has faced a number of challenges and ups and downs. The way that Wipro’s stocks performed was a reflection of how the firm was developing; after overcoming these obstacles, it saw growth. Wipro’s stock value increased as a result, and its predicted aim for further growth is ₹673.70 in 2028.
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.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
Target Wipro Share Price In Briefly Is 2024–2050
Target Share Price for Wipro by 2024
Wipro’s share price is expected to reach ₹466.13 in 2024, with further rise being the goal.
Target Share Price for Wipro by 2025
Wipro has set a target share price of ₹536.15 for 2025 in order to encourage further growth.
2030 Wipro Share Price Target
To support future growth, Wipro wants to reach a share price goal of ₹776.14 by 2030.
What is the target share price for Wipro Ltd. in 2040?
Because of the long time horizon and multiple affecting factors, the range of ₹9,000 to ₹11,000 (optimistic) is extremely unclear.
