WIPRO
₹461.95
+9.2 (2.03%)
  • Advice
  • Hold
22 April, 2024 15:31 BSE: 507685 NSE: WIPROISIN: INE075A01022

Start SIP in Wipro

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Wipro Performance

Day Range

  • Low 450
  • High 466
₹ 461

52 Week Range

  • Low 359
  • High 546
₹ 461
  • Open Price453
  • Previous Close453
  • Volume9437169

Wipro Share Price

  • Over 1 Month -7.62%
  • Over 3 Month -3.27%
  • Over 6 Month +17.98%
  • Over 1 Year +25.61%

Wipro Key Statistics

P/E Ratio 21.9
PEG Ratio -8.1
Market Cap Cr 241,376
Price to Book Ratio 3.2
EPS 17.5
Dividend 0.2
Relative Strength Index 32.6
Money Flow Index 34.87
MACD Signal -9.91
Average True Range 11.98
Wipro Financials
IndicatorMar 2024Dec 2023Sep 2023Jun 2023Mar 2023
Oper Rev Qtr Cr 16,59316,31616,68117,20317,477
Operating Expenses Qtr Cr 13,70013,53313,94013,94214,633
Operating Profit Qtr Cr 2,8932,7832,7403,2612,844
Depreciation Qtr Cr 374370371377384
Interest Qtr Cr 206203206205174
Tax Qtr Cr 898781787833878
Net Profit Qtr Cr 2,4472,0232,0612,5882,264
IndicatorMar 2024Mar 2023
Total Revenue Annual Cr 69,83870,108
Operating Expenses Annual Cr 55,10955,618
Operating Profit Annual in Cr 11,68312,136
Depreciation Cr 1,4921,592
Interest Annual Cr 820629
Tax Annual Cr 3,2993,092
Net Profit Annual Cr 9,1199,177
IndicatorMar 2024Mar 2023
Cash from Operating Activity Annual Cr 11,192
Cash from Investing Activity Annual Cr -4,762
Cash from Financing Annual Activity Cr -6,804
Net Cash Flow Annual Cr -374
IndicatorMar 2024Mar 2023
Total ShareHolders Funds Annual Cr 57,78262,762
Fixed Assets Annual Cr 8,5299,429
Total Non Current Assets Annual Cr 31,08531,330
Total Current Assets Annual Cr 50,56453,978
Total Assets Annual Cr 81,64985,308
IndicatorMar 2024Mar 2023
Book Value Per Share Annual Rs 111114
ROE Annual % 1615
ROCE Annual % 2119
Total Debt to Total Equity Annual --
EBDIT Annual Margin % 2221
IndicatorMar 2024Dec 2023Sep 2023Jun 2023Mar 2023
Oper Rev Qtr Cr 22,20822,20522,51622,83123,190
Operating Expenses Qtr Cr 17,80818,00618,54318,63518,685
Operating Profit Qtr Cr 4,4014,1993,9734,1964,505
Depreciation Qtr Cr 841932897738847
Interest Qtr Cr 331313303309286
Tax Qtr Cr 1,004852842912925
Net Profit Qtr Cr 2,8352,6942,6462,8703,075
IndicatorMar 2024Mar 2023
Total Revenue Annual Cr 92,39192,753
Operating Expenses Annual Cr 72,98573,634
Operating Profit Annual in Cr 16,77616,854
Depreciation Cr 3,4073,340
Interest Annual Cr 1,2551,008
Tax Annual Cr 3,6093,399
Net Profit Annual Cr 11,04511,350
IndicatorMar 2024Mar 2023
Cash from Operating Activity Annual Cr 13,060
Cash from Investing Activity Annual Cr -8,407
Cash from Financing Annual Activity Cr -6,088
Net Cash Flow Annual Cr -1,435
IndicatorMar 2024Mar 2023
Total ShareHolders Funds Annual Cr 74,53377,668
Fixed Assets Annual Cr 13,20715,025
Total Non Current Assets Annual Cr 49,72451,024
Total Current Assets Annual Cr 65,06666,110
Total Assets Annual Cr 114,791117,134
IndicatorMar 2024Mar 2023
Book Value Per Share Annual Rs 143142
ROE Annual % 1515
ROCE Annual % 1817
Total Debt to Total Equity Annual --
EBDIT Annual Margin % 2221

Wipro Technicals

EMA & SMA

Current Price
₹461.95
+9.2 (2.03%)
pointer
  • Bullish Moving Average
  • ___
  • 5
  • Bearish Moving Average
  • ___
  • 11
  • 20 Day
  • ₹475.58
  • 50 Day
  • ₹484.79
  • 100 Day
  • ₹473.56
  • 200 Day
  • ₹452.84
  • 20 Day
  • ₹476.92
  • 50 Day
  • ₹500.76
  • 100 Day
  • ₹475.35
  • 200 Day
  • ₹440.70

Wipro Resistance and Support

PIVOT
₹447.89
Resistance
First Resistance 458.77
Second Resistance 464.78
Third Resistance 475.67
RSI 32.60
MFI 34.87
MACD Single Line -9.91
MACD -13.11
Support
First Resistance 441.87
Second Resistance 430.98
Third Resistance 424.97

Wipro Delivery and Volume

Period NSE + BSE Volume Avg NSE + BSE Delivery Volume Avg NSE + BSE Delivery Volume %
Day 10,695,404 420,757,193 39.34
Week 10,047,434 426,011,191 42.4
1 Month 8,186,139 330,146,984 40.33
6 Month 8,248,973 317,337,975 38.47

Wipro Result Highlights

Wipro Synopsis

NSE-Computer-Tech Services

Wipro is involved in the business activities of Computer consultancy and computer facilities management activities. Company’s Total Operating Revenue is Rs. 67753.40 Cr. and Equity Capital is Rs. 1097.60 Cr. for the Year ended 31/03/2023. Wipro Ltd. is a Public Limited Listed company incorporated on 29/12/1945 and has its registered office in the State of Karnataka, India. Company’s Corporate Identification Number(CIN) is L32102KA1945PLC020800 and registration number is 020800.
Market Cap 240,176
Sales 66,792
Shares in Float 141.08
No of funds 762
Yield 0.22
Book Value 4.09
U/D Vol ratio 0.9
LTDebt / Equity
Alpha -0.06
Beta 1.18

Wipro

Owner NameMar-24Jan-24Dec-23Sep-23
Promoters 72.89%72.9%72.9%72.93%
Mutual Funds 3.53%3.29%3.17%2.79%
Insurance Companies 4.6%4.62%4.81%5.11%
Foreign Portfolio Investors 6.96%6.81%6.7%6.47%
Financial Institutions/ Banks 0.02%0.01%0.01%
Individual Investors 7.33%7.61%7.64%7.85%
Others 4.67%4.76%4.77%4.85%

Wipro Management

Name Designation
Mr. Rishad A Premji Chairman
Mr. Azim H Premji Founder Chairman
Mr. Thierry Delaporte Managing Director & CEO
Ms. Tulsi Naidu Independent Director
Mr. Deepak M Satwalekar Independent Director
Dr. Patrick J Ennis Independent Director
Mr. Patrick Dupuis Independent Director
Mr. Ireena Vittal Lead Independent Director

Wipro Forecast

Price Estimates

2,000(9.8%)
1,758(-3.5%)
1,590(-12.7%)

Other Analyst Rating

Wipro Corporate Action

Date Purpose Remarks
2024-04-19 Audited Results
2024-01-12 Quarterly Results & Interim Dividend
2023-10-18 Quarterly Results
2023-07-13 Quarterly Results
2023-04-27 Audited Results & Buy Back
Date Purpose Remarks
2024-01-24 INTERIM Rs.1.00 per share(50%)Interim Dividend
2023-01-25 INTERIM Rs.1.00 per share(50%)Interim Dividend
2022-04-06 INTERIM Rs.5.00 per share(250%)Interim Dividend
2022-01-24 INTERIM Rs.1.00 per share(50%)Interim Dividend
2021-01-25 INTERIM Rs.1.00 per share(50%)Interim Dividend

About Wipro

Wipro Limited (NYSE: WIT, BSE: 507685, NSE: WIPRO) is a leading global information technology, consulting and business process services company. Serving clients on six continents and with offices in 67 countries around the globe, the company offers IT solutions and services, including Systems Integration, Consulting, R & R&D Services, Information Systems Outsourcing, IT-Enabled Services, etc.

Ranked 29th in the Fortune 500 Indian company list by total revenue, Wipro is the 11th largest employer in India, with over 2,30,000+ employees. The company's Total Revenue is INR 79,312 Cr. for the year ended 31/03/2022. Wipro Ltd. is a Public Limited Listed company incorporated on 1945 and has its registered office and headquarters in Bengaluru, Karnataka, India.

The company is currently focused on harnessing the power of cognitive computing, hyper-automation, robotics, cloud, analytics, and emerging technologies to help its clients adapt to the digital world and succeed.

Founded in 1945 by Muhammed Hasham Premji, WIPRO was formerly called Western Indian Palm Refined Oil Limited and manufactured vegetable and refined oils in Amalner, Maharashtra. In 1946, it came out with its Initial Public Offering.

The company shifted focus in 1966 when his son Azim Premji took over Wipro as the Chairman at 21. Sensing the opportunity in the Information Technology (IT) and computing industry, the company shifted towards this new sector at a nascent stage in India. In 1977, Wipro changed its name to Wipro Products Limited, and in 1982 to Wipro Limited. This year, it entered the IT products business and soon added multiple ventures focused on technology and manufacturing.

In 1988, the company diversified the product line into heavy-duty industrial cylinders and mobile hydraulic cylinders. A year later, in 1989, it set up a joint venture with General Electric in the USA, under the name Wipro GE Medical Systems Pvt Ltd, for the manufacture, sale and service of diagnostic and imaging products. The Joint Venture also has an OEM sourcing arrangement with Elpro International Ltd. for locally made x-ray products. In 1990, the joint venture became a subsidiary of the company.

In 2000, Wipro launched different personal computers and Information Technology segments while also being listed on the New York Stock Exchange (WIT). Today, the company has its primary focus on global information technology, consulting and business processes services while also operating in many IT and IT-enabled sectors.

Financials

WIPRO Share Dividends

With a consistent track record in growth and generating value for its investors, Wipro has consistently given dividends to its investors each year. Here is the history of dividends that Wipro has issued over the years. At the current share price of INR 601.80, its dividend yield is 0.17%.

Announcement Date

Ex-Date

Dividend Type

Dividend (%)

Dividend (Rs)

25-03-2022

05-04-2022

Interim

250

5.00

12-01-2022

21-01-2022

Interim

50

1.00

13-01-2021

22-01-2021

Interim

50

1.00

14-01-2020

24-01-2020

Interim

50

1.00

18-01-2019

29-01-2019

Interim

50

1.00

11-01-2018

31-01-2018

Interim

50

1.00

10-01-2017

02-02-2017

Interim

100

2.00

20-04-2016

11-07-2016

Final

50

1.00

06-01-2016

25-01-2016

Interim

250

5.00

21-04-2015

20-07-2015

Final

350

7.00

07-01-2015

22-01-2015

Interim

250

5.00

17-04-2014

21-07-2014

Final

250

5.00

13-01-2014

22-01-2014

Interim

150

3.00

19-04-2013

27-06-2013

Final

250

5.00

15-01-2013

23-01-2013

Interim

100

2.00

25-04-2012

28-06-2012

Final

200

4.00

10-01-2012

24-01-2012

Interim

100

2.00

27-04-2011

29-06-2011

Final

200

4.00

17-01-2011

27-01-2011

Interim

100

2.00

23-04-2010

15-06-2010

Final

300

6.00

22-04-2009

29-06-2009

Final

200

4.00

21-04-2008

27-06-2008

Final

200

4.00

10-10-2007

25-10-2007

Interim

100

2.00

20-04-2007

28-06-2007

Final

50

1.00

14-03-2007

26-03-2007

Interim

250

5.00

19-04-2006

29-06-2006

Final

250

5.00

22-04-2005

29-06-2005

Final

250

5.00

16-04-2004

06-05-2004

Final

1450

29.00

17-04-2003

01-07-2003

Final

50

1.00

19-04-2002

28-06-2002

Final

50

1.00

20-04-2001

18-06-2001

Final

25

0.50

26-04-2000

08-05-2000

Interim

15

0.30

25-05-1999

05-07-1999

Final

15

1.50

26-05-1998

01-06-1998

Final

15

1.50

05-08-1997

25-08-1997

Final

25

2.50

19-07-1996

23-08-1996

Final

25

2.50

18-07-1995

28-08-1995

Final

25

2.50

07-07-1994

15-08-1994

Final

25

2.50

10-07-1993

02-09-1993

Final

25

2.50

02-07-1992

21-08-1992

Final

25

2.50

WIPRO Share Bonus Issue

The last bonus that Wipro had announced was in 2019 in the ratio of 1:3. Below is the history of WIPRO's share splits that have happened over the years:

Announcement Date

Bonus Ratio

Record Date

Ex-Bonus Date

18-01-2019

1:3

07-03-2019

06-03-2019

25-04-2017

1:1

14-06-2017

13-06-2017

23-04-2010

2:3

16-06-2010

15-06-2010

22-04-2005

1:1

23-08-2005

22-08-2005

16-04-2004

2:1

28-06-2004

25-06-2004

13-09-1997

2:1

17-11-1997

20-10-1997

01-02-1995

1:1

30-11--0001

24-02-1995

30-07-1992

1:1

10-09-1992

12-08-1992

22-10-1989

1:1

-

-

15-11-1987

1:1

-

-

22-10-1985

1:1

-

-

22-10-1981

1:1

-

-

31-10-1971

1:3

-

-

WIPRO Share Split

WIPRO share has split from the face value of INR 10 to INR 2 in 1999. There has been no share splits after this date.

Announcement Date

Old FV

New FV

Ex-Split Date

30-04-1999

10

2

27-09-1999

30-10-1990

100

10

-

Wipro FAQs

What is Share Price of Wipro ?

Wipro share price is ₹461 As on 22 April, 2024 | 15:17

What is the Market Cap of Wipro ?

The Market Cap of Wipro is ₹241376.4 Cr As on 22 April, 2024 | 15:17

What is the P/E ratio of Wipro ?

The P/E ratio of Wipro is 21.9 As on 22 April, 2024 | 15:17

What is the PB ratio of Wipro ?

The PB ratio of Wipro is 3.2 As on 22 April, 2024 | 15:17

What is the CAGR of Wipro?

Wipro's 10 Years CAGR stands at 17%, 5 Years at 31%, 3 Years at 41%, and 1 Year at 86%.

Is Wipro a zero-debt company?

Wipro's debt stood at INR115.5 billion at the end of June 2021, up from INR74.2 billion the previous year. However, it also has INR 307.7 billion in cash to offset this, giving it a net cash position of INR 192.2 billion.

Is Wipro share Over Valued?

Wipro has a trailing 12-month operating revenue of INR 70,051.70 Cr. Annual revenue growth of 1% is not impressive, but the pre-tax margin of 22% is impressive, and the ROE of 19% is exceptional. Wipro has a reasonable debt to equity ratio of 1%, indicating a healthy balance sheet. The fact that institutional holdings increased in the most recent quarter is a good sign.

Who is the CEO of Wipro?

Thierry Delaporte is Chief Executive Officer and Managing Director of Wipro Limited.

How many times Wipro has given a bonus?

Since June 25, 2004, Wipro Ltd has given five bonuses. The most recent bonus announced by Wipro Ltd was in the ratio of 1:3 with an ex-date of March 6, 2019.

Who is the founder of Wipro?

WIRPO was founded in 1945 by Muhammed Hasham Premji and was formerly called Western Indian Palm Refined Oil Limited. The company was a vegetable and refined oils manufacturer in Amalner, Maharashtra, and still retains that business while shifting focus to Information Technology.

Q2FY23