Summary– In this article we will provide complete insight on wipro share price target 2023, 2024, 2025, 2027, 2030, 2035, 2040, 2050 and wipro Stock Forecast. All our price forecasts are based on our technical and fundamental research of stock by our technical experts. We will update this price target for Wipro stock in every few days according to the market sentiments so if you want to get updated with the price target of Wipro Ltd stock you can bookmark this page on your browser so you are get updated every day with stock market conditions.
What is Wipro LTD?
Wipro is a multinational company that provides services in information technology (IT), consultation and business process services.
Wipro was established in the year 1945 by Mohamed Premji. The Company started as a manufacturer of vanaspati/vegetable ghee, refined edible oils etc.
Thierry Delaporte was the current CEO of Wipro and its headquarters are located in Bengaluru, Karnataka, India.
| About Wipro | Value (2023) |
|---|---|
| Website | wipro.com |
| Revenue | 81,373 crores INR |
| Operating income | 4 lack crore |
| Operating Margin | 12.94% |
| Net income | $1.693B |
| Total assets | 1.08 lakh crores INR |
| Total equity | 548.68 Crore (2022) |
| Number of employees | 4,800,000 (4.8 million) |
| Industry | IT Sector |
| Headquarters | Bengaluru, Karnataka, India |
Wipro Share Price Target
| Year | Maximum Target | Minimum Target |
|---|---|---|
| 2023 | INR 420 | INR 355 |
| 2024 | INR 510 | INR 450 |
| 2025 | INR 615 | INR 465 |
| 2027 | INR 750 | INR 630 |
| 2030 | INR 1050 | INR 960 |
| 2035 | INR 2100 | INR 1950 |
| 2040 | INR 4500 | INR 4000 |
| 2050 | INR 9000 | INR 8400 |
Wipro Share Price Target 2023
| Year | Wipro 1st Share Price Targets (₹) | Wipro 2nd Share Price Targets (₹) |
|---|---|---|
| 2023 | ₹355 | ₹420 |
Wipro Share Price Target will peak at INR 420 by 2023 and create a bottom near INR 355.
According to sources Wipro is working on Artificial intelligence (AI) and it was expected that they will complete this project by 2025 if they succeed in this project then there is a very possibility that it will give a good return from today’s price.
Wipro Share Price Target 2024
| Year | Wipro 1st Share Price Targets (₹) | Wipro 2nd Share Price Targets (₹) |
|---|---|---|
| 2024 | ₹450 | ₹510 |
Wipro Share Price Target 2024 is INR 510 and it was expected that it would create a bottom around INR 450.
IT stocks are under pressure this year because of high volatility in the stock market but it was expected that the stock like wipro will get doubled in the next 3 years.
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Wipro Share Price Target 2025
| Year | Wipro 1st Share Price Targets (₹) | Wipro 2nd Share Price Targets (₹) |
|---|---|---|
| 2025 | ₹465 | ₹615 |
Wipro Share Price Target will peak at INR 615 by 2025 and create a bottom near INR 465.
Wipro has increased its revenue by 7.45% in comparison to 2022 and it was expected that this growth will continue in the future. There is a very high possibility that wipro stock will give a multi-bagger return by 2025.
Wipro Share Price Target 2027
| Year | Wipro 1st Share Price Targets (₹) | Wipro 2nd Share Price Targets (₹) |
|---|---|---|
| 2027 | ₹630 | ₹750 |
Wipro Share Price Target will peak at INR 750 by 2027 and create a bottom near INR 630.
Wipro is pushing hard to become the second largest IT company in India. According to many reports if wipro will continuously increase their revenue then it will become the second largest IT company by 2035.
Wipro Share Price Target 2030
| Year | Wipro 1st Share Price Targets (₹) | Wipro 2nd Share Price Targets (₹) |
|---|---|---|
| 2030 | ₹960 | ₹1050 |
Wipro Share Price Target will peak at INR 1050 by 2030 and create a bottom near INR 960.
People in the stock market say that if you had invested only Rs 10,000 in Wipro stock in 1980. So today it would have been compounded to Rs 545 crore. This was a great example of the power of compounding.
Wipro Share Price Target 2035
| Year | Wipro 1st Share Price Targets (₹) | Wipro 2nd Share Price Targets (₹) |
|---|---|---|
| 2035 | ₹1950 | ₹2100 |
Wipro Share Price Target will peak at INR 2100 by 2035 and create a bottom near INR 1950.
In the past 10 years Wipro has given an average return of 27% per year. This return is calculated from 2013 to 2023. According to analysts it was expected that it will continue this return in the future.
Wipro Share Price Target 2040
| Year | Wipro 1st Share Price Targets (₹) | Wipro 2nd Share Price Targets (₹) |
|---|---|---|
| 2040 | ₹4000 | ₹4500 |
Wipro Share Price Target will peak at INR 4500 by 2040 and create a bottom near INR 4000.
This price forecast is based on technical and fundamental analysis by our experts.
Wipro Share Price Target 2050
| Year | Wipro 1st Share Price Targets (₹) | Wipro 2nd Share Price Targets (₹) |
|---|---|---|
| 2050 | ₹8400 | ₹9000 |
Wipro Share Price Target will peak at INR 9000 by 2050 and create a bottom near INR 8400.
The IT sector has given a good return in the past so we can expect the same return from IT stock in the future.
Wipro Share Price History
Wipro share has shown many ups and downs this year due to the inflation and other market issues. The 52 Week’s high of Wipro Stock is INR 364.05 . Wipro stock made a 52 Week low of INR 355.40
| 2023 | Value/Price |
|---|---|
| 52 Week High | 364.05 |
| 52 Week Low | 355.40 |
| Market Cap | INR 1.95 Lack Crore |
| Current price | 355.50 |
FAQ – WIPRO LTD.
Why wipro stock is falling?
Wipro stocks are falling because of high valuation and market sentiments.
Is it a good time to invest in Wipro stocks?
Yes it was a good time to invest in Wipro stocks because it was trading at a good valuation.
Is wipro stock is good for long term investment?
Yes wipro stock is good for long term investment because it is a large cap and bluechip.
Can I invest in Wipro stocks?
Yes you can invest in Wipro stock it is a bluechip company.
Conclusion
In this article we have tried to cover all possible Wipro Share Price Target. We have also attached a youtube video so you can understand more about Wipro stock and make good investment decisions.
If there is any query in your mind you can ask in the comments section we will try to resolve your issue by giving you a satisfying solution.
