Wipro Share Price Target 2024, 2025, 2027, 2030, 2040
Today in our blog we will explain the basic idea about Wipro Share Price Target 2024, 2025, 2027, 2030, 2040. We did the research and took advice from experts to make this blog about the company’s growth, company’s performance, etc.
Wipro Share Price Target is a trading share in the share market. In this article, we will discuss the company’s financial growth, the company’s business policy, the company, the shareholding pattern of the company, and the forecast share price every year. We use expert data and analysis to give a clear knowledge about Wipro Share Price Target. This article may be helpful to those who want to invest in this share right now. Let’s have a look at Wipro Share Price Target 2024 to 2040.
What Is Wipro Limited?
Wipro is an Indian multinational corporation that provides information technology, consultant, and business process services. The company’s former name is Western Indian Palm Refinery Oil. The company has capabilities that range across computer security, digital transformation, data analytics, robotics, and other technology consulting services. The company provides services all over 168 countries.
Company Name | Wipro Limited |
Market Cap | ₹2,92,155.62 Crore |
P/B | 4.10 |
Book Value | ₹113.80 |
Face Value | ₹2 |
52 Week High | ₹580 |
52 Week Low | ₹375 |
DIV. YIELD | 0.19% |
Financial Data Analysis Of Wipro Limited
We need a basic idea about the company’s PE ratio, return on assets, current ratio, and return on equity. In the below portion, we discuss the performance of the company. Wipro Company Limited Share Price Target also depended upon the ratio described below.
PE Ratio | Return On Assets (ROA) | Current Ratio | Return On Equity (ROE) |
32.76 | 10.95% | 2.75 | 15.29% |
History Of Wipro Share Price Target 2024 to 2040
Wipro Share is a bullish trend in the share market. Wipro Share is under both the Indian Stock Exchange BSE (Bombay Stock Exchange) and NSE (National Stock Exchange). The last 6 months’ share growth was +87.10 (18.54%), the last 1 year’s share growth was +152.30 (37.63%), the last 5 years’ share growth was +292.30 (110.43%), and the maximum share growth was +543.20 (3,936.23).
Wipro Share Price return amount was 110.5% in the last 5 years, the last 3 years’ return amount declined to -2.89%, the last 1 year’s share return amount was 33.34%, and the last 1 month’s share return amount was 12.4%. Wipro always gives good returns to investors. If anyone wants to invest in the share it will be profitable on a long-term basis. Let’s have a look at Wipro Share Price Target from 2024 to 2040.
Also Read – Infosys Share Price Target
Wipro Share Price Target 2024
Wipro Company enhances the next wave of Artificial Intelligence by using AI across its ecosystem in different tools, platforms, and solutions in different business segment’s functions and processes. The company has 20 innovation centers and digital pods, 55,000 ecosystem practitioners, and 2000 AI engagements globally. Wipro ai360 combined all AI technology and capability to help the users.
Year | Wipro Share Price Target 2024 |
1st Price Target | 430 |
2nd price Target | 665 |
The net revenue amount was ₹79,425.56 Crore in 2022 which increased to ₹90,512.89 Crore in 2023. The ROE percentage of the company was 19.58% in the last 5 years which increased to 20.89% in the last 3 years. But in the last 1 year, the percentage decreased to 15.93%. If we look at the Wipro Share Price Target 2024, the 1st Price Target is ₹430 and the 2nd Price Target is ₹665.
Wipro Share Price Target 2025
From IT services segments the company’s revenue increased by 30.2% in the year March 2022, compared to the year 2021, March. Wipro Fullstride Cloud Services is an extensive partner and hyper-scaler network for the engineering sector. Cloud data-driven system is used for data flow in the business segments. The company’s cloud solution has 90,000 cloud professionals, 15,000 CSP-certified experts, and over 250 IPs and assets for designing, managing, and executing a good business outcome.
Year | Wipro Share Price Target 2025 |
1st Price Target | 670 |
2nd Price Target | 835 |
The profit growth of the company is not so good. The last 5 years’ profit growth was 3.61% which decreased to 1.82% in the last 3 years and the last 1 year’s profit decreased to -25.33%. The net profit amount was ₹12,235.23 Crore in March 2022 which decreased to ₹9,256.45 Crore in March 2023. If we look at the Wipro Share Price Target 2025, the 1st Price Target is ₹670 and the 2nd Price Target is ₹835.
Wipro Share Price Target 2027
Wipro’s digital operations and platforms are valuable platforms for domain, technology, and operational expertise for future enterprises. The company has 75,000 domain experts, 30 business process centers, has 320 BPS clients, also available in 40 different languages. From these segments, the company’s revenue increased by 28.8% in the year 2022 compared to the previous year 2021.
Year | Wipro Share Price Target 2027 |
1st Price Target | 1025 |
2nd Price Target | 1270 |
The sales growth is not so high. The last 5 year’s sales growth was 8.68%, in the last 3 years sales growth was 10.37%, and in the last 1 year sales growth increased to 14.23%. The net sales amount was ₹17,522.36 Crore in March 2022 which decreased to ₹16,694.56 Crore in March 2023. If we look at the Wipro Share Price Target 2027, the 1st Price Target is ₹1025 and the 2nd Price Target is ₹1270.
Also Read – RattanIndia Enterprises Share Price Target
Wipro Share Price Target 2030
Wipro Company’s Digital transformation brings many changes to the Automotive Industry. Wipro Company works with automotive manufacturers, and OMEs, and enhances the Vehicle’s delivery supply chain. Wipro also works in the Aerospace and Defence industry in infrastructure management, maintenance, Repair, and Overhaul. Wipro also provides deep domain experience for the customer electronics (CE) industry.
Year | Wipro Share Price Target 2030 |
1st Price Target | 1836 |
2nd Price Target | 2080 |
As the company is a very old company and the company spreads its business through different countries the promoter holding capacity of the company is which is 72% to 73% which means many good investors want to invest in the share. The total expenditure amount was ₹14,758.25 Crore in March 2022 which became ₹13,825.56 Crore in March 2023. If we look at the Wipro Share Price Target 2030, the 1st Price Target is ₹1836 and the 2nd Price Target is ₹2080.
Wipro Share Price Target 2040
Wipro company’s transformational Retail IT solution provides customer store design and supply chain transformation guides their Digital business transformation and controls the charging process on how to embed, procure, and benefit from the latest technological innovation. Wipro’s expertise also provides facilities to many retailers in their shopping journey by providing the facilities of design thinking, system integration, analytics, product engineering business support, etc.
Year | Wipro Share Price Target 2040 |
1st Price Target | 4480 |
2nd Price Target | 4720 |
The operating profit amount of the company was ₹2,858.56 Crore in March 2022 which became ₹2,999.23 Crore in March 2024. The tax amount of the company was ₹879.25 Crore in March 2022 which became ₹898.36 Crore in March 2023. If we look at the Wipro Share Price Target 2040, the 1st Price Target is ₹4480 and the 2nd Price Target is ₹4720.
Peer’s Company of Wipro Limited
- 3i Infotech
- ACCEDERE
- Adroit Infotech
- Affle India
- AJEL
Investors Types And Ratio Of Wipro Limited
There are mainly Four main Types of Investors in Wipro Limited. The company’s growth also depended upon the ratio of investors who invested in the share.
Promoters Holding
Promoters Holding means how much capital is invested by company promoters (owner of the company) through overall capital. Wipro Limited Company’s promoter holding capacity is 73.20%.
Public Holding
Public Investors are individuals who invest in the public market profit in the future (large and small companies). Wipro Limited Company’s public holding capacity is 10.40%.
FII
Foreign Institutional Investors are those big companies that invest in different countries company. Wipro Limited Company’s FII is 7.10%.
DII
Domestic Institutional Investors (like Insurance, companies, and mutual funds) who invest in their own country. Wipro Limited Company’s DII is 9.30%.
Advantages and Disadvantages Of Wipro Share
Every share has some advantages and some disadvantages also. So, the Wipro Share Price Target also has some advantages and disadvantages described below.
Advantages
- The company is virtually debt-free.
- The company has a good cash conversation ratio which is 122.97.
- The book value amount per share has increased in the last 2 years.
- The company is increasing with zero promoter pledges.
- The company has a strong interest cover ratio which is 21.36 which is a good side for the company’s growth.
- The company can generate a good net cash flow percentage.
Disadvantages
- The company’s profit growth is decreasing in the last 3 years.
- The revenue amount of the company also decreasing.
- ROA percentage of the company also decreased in the last 3 years because of inefficient uses of assets.
Also Read – Tata Elxsi Share Price Target
FAQ
What is the main function of Wipro Company?
Wipro Limited is an Indian multinational corporation that provides information technology, business process services, and consultant services.
What is the full form of Wipro?
The full form of Wipro is Western India Palm Refined Oils Limited.
Who is the CEO of Wipro?
The name of the CEO is Mr. Srini Pallia.
Is Wipro is an MNC?
Yes, Wipro is an MNC Company.
Where is the headquarters of Wipro is situated?
The headquarters of Wipro is situated in Bengaluru.
What is the Wipro Share Price Target in the year 2024?
Wipro Share Price Target for 2024 is ₹430 to ₹665.
What is the Wipro Share Price Target in the year 2025?
Wipro Share Price Target for 2025 is ₹670 to ₹835.
What is the Wipro Share Price Target in the year 2027?
Wipro Share Price Target for 2027 is ₹1025 to ₹1270.
What is the Wipro Share Price Target in the year 2028?
Wipro Share Price Target for 2028 is ₹1320 to ₹1515.
What is the Wipro Share Price Target in the year 2030?
Wipro Share Price Target for 2030 is ₹1836 to ₹2080.
What is the Wipro Share Price Target in the year 2040?
Wipro Share Price Target for 2040 is ₹4480 to ₹4720.
Should I Invest in Wipro Share right now?
The last 6 Month’s share growth of the company was 17.35%, and the last 1 year’s share return amount of the company was 22.23%. The company also has a good promoter holding capacity. Wipro share always gives good returns to investors. If anyone wants to invest in the share it will be profitable on a long-term basis.
What is the future prediction of Wipro Company?
In the era of IT technology, the growth of the company must be improved in a good way. The company is virtually debt-free and the REO ratio is 15.83%. It will grow more in the coming future.
Conclusion
Hopefully, www.sharetargethub.com will help you gain some basic ideas about the Wipro Share Price Target. By doing the research and taking advice from the experts we ensure that on a long-term basis, Wipro Share Price Target may reach a very high position. Wipro company is mainly related to the Information Technology Sector. So the demand for this sector also increases which helps the share to gain profit in the future.
If you think this website will be helpful for you then you can share it. If you have any questions please let us know through the comment box we will try to reply to your questions and solve your problem. Thanks for visiting this website and thanks for being with us.
Disclaimer – We are not SEBI-registered advisors. A financial market is always risky to anyone. This website is only for training and educational purposes. So before investing, we are requested to discuss certified expertise. We will not be responsible for anyone’s profit or loss.