Wipro Share Price

Large Cap

₹526.95

-4.5 (-0.85%)

Advice
Hold

09 October, 2024 02:48 BSE: 507685 NSE: WIPRO ISIN: INE075A01022

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Wipro Performance

Day Range

Low 520
High 534

₹ 526

52 Week Range

Low 375
High 580

₹ 526

Open Price532
Previous Close531
Volume5751402

Wipro Chart

Over 1 Month + 1.22%
Over 3 Month -1.52%
Over 6 Month + 8.64%
Over 1 Year + 29.2%

Wipro Key Statistics

P/E Ratio	24.7
PEG Ratio	-6
Market Cap Cr	275,662
Price to Book Ratio	3.7
EPS	17.1
Dividend	0.2
Relative Strength Index	46.33
Money Flow Index	38.73
MACD Signal	4.1
Average True Range	13.11

Wipro F&O

Wipro Futures Wipro Option Chain

Wipro Investment Rating

Master Rating:
Wipro (Nse) has an operating revenue of Rs. 88,893.10 Cr. on a trailing 12-month basis. An annual revenue de-growth of 0% needs improvement, Pre-tax margin of 16% is great, ROE of 14% is good. The company has a reasonable debt to equity of 8%, which signals a healthy balance sheet. The stock from a technical standpoint is trading close to its 50DMA and comfortably placed above its 200DMA, around 7% above 200DMA. It needs to take support around the 50 DMA level to continue further upside move. It has recently broken out of a base in its weekly chart and is trading around -4% from the pivot point (which is the ideal buying range for a stock). From an O'Neil Methodology perspective, the stock has an EPS Rank of 55 which is a POOR score indicating inconsistency in earnings, a RS Rating of 49 which is POOR indicating the underperformance as compared to other stocks, Buyer Demand at B- which is evident from recent demand for the stock, Group Rank of 82 indicates it belongs to a poor industry group of Computer-Tech Services and a Master Score of C is fair but needs to improve. Institutional holding has gone up in the last reported quarter is a positive sign. Overall, the stock has poor technical strength and poor fundamentals, there are superior stocks in the current market environment.

EPS Strength

Price Strength

Buyer Demand

Group Rank

Wipro Financials

Standalone Consolidated

Quarterly P&L
Annual P&L
Balance Sheet
Cash Flow
Ratios
Quarterly P&L
Annual P&L
Balance Sheet
Cash Flow
Ratios

Indicator	Jun 2024	Mar 2024	Dec 2023	Sep 2023	Jun 2023	Mar 2023
Oper Rev Qtr Cr	16,481	16,593	16,316	16,681	17,203	17,477
Operating Expenses Qtr Cr	13,289	13,700	13,533	13,940	13,942	14,633
Operating Profit Qtr Cr	3,193	2,893	2,783	2,740	3,261	2,844
Depreciation Qtr Cr	366	374	370	371	377	384
Interest Qtr Cr	211	206	203	206	205	174
Tax Qtr Cr	906	898	781	787	833	878
Net Profit Qtr Cr	2,375	2,447	2,023	2,061	2,588	2,264

Indicator	Mar 2024	Mar 2023
Total Revenue Annual Cr	69,838	70,108
Operating Expenses Annual Cr	55,109	55,618
Operating Profit Annual in Cr	11,683	12,136
Depreciation Cr	1,492	1,592
Interest Annual Cr	820	629
Tax Annual Cr	3,299	3,092
Net Profit Annual Cr	9,119	9,177

Indicator	Mar 2024	Mar 2023
Cash from Operating Activity Annual Cr	14,216	11,192
Cash from Investing Activity Annual Cr	2,237	-4,762
Cash from Financing Annual Activity Cr	-17,159	-6,804
Net Cash Flow Annual Cr	-706	-374

Indicator	Mar 2024	Mar 2023
Total ShareHolders Funds Annual Cr	57,782	62,762
Fixed Assets Annual Cr	8,529	9,429
Total Non Current Assets Annual Cr	31,085	31,330
Total Current Assets Annual Cr	50,564	53,978
Total Assets Annual Cr	81,649	85,308

Indicator	Mar 2024	Mar 2023
Book Value Per Share Annual Rs	111	114
ROE Annual %	16	15
ROCE Annual %	21	19
Total Debt to Total Equity Annual	-	-
EBDIT Annual Margin %	22	21

Indicator	Jun 2024	Mar 2024	Dec 2023	Sep 2023	Jun 2023	Mar 2023
Oper Rev Qtr Cr	21,964	22,208	22,205	22,516	22,831	23,190
Operating Expenses Qtr Cr	17,610	17,808	18,006	18,543	18,635	18,685
Operating Profit Qtr Cr	4,354	4,401	4,199	3,973	4,196	4,505
Depreciation Qtr Cr	729	841	932	897	738	847
Interest Qtr Cr	329	331	313	303	309	286
Tax Qtr Cr	985	1,004	852	842	912	925
Net Profit Qtr Cr	3,003	2,835	2,694	2,646	2,870	3,075

Indicator	Mar 2024	Mar 2023
Total Revenue Annual Cr	92,391	92,753
Operating Expenses Annual Cr	72,985	73,634
Operating Profit Annual in Cr	16,776	16,854
Depreciation Cr	3,407	3,340
Interest Annual Cr	1,255	1,008
Tax Annual Cr	3,609	3,399
Net Profit Annual Cr	11,045	11,350

Indicator	Mar 2024	Mar 2023
Cash from Operating Activity Annual Cr	17,622	13,060
Cash from Investing Activity Annual Cr	1,168	-8,407
Cash from Financing Annual Activity Cr	-18,257	-6,088
Net Cash Flow Annual Cr	533	-1,435

Indicator	Mar 2024	Mar 2023
Total ShareHolders Funds Annual Cr	74,533	77,668
Fixed Assets Annual Cr	13,207	15,025
Total Non Current Assets Annual Cr	49,724	51,024
Total Current Assets Annual Cr	65,066	66,110
Total Assets Annual Cr	114,791	117,134

Indicator	Mar 2024	Mar 2023
Book Value Per Share Annual Rs	143	142
ROE Annual %	15	15
ROCE Annual %	18	17
Total Debt to Total Equity Annual	-	-
EBDIT Annual Margin %	22	21

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Wipro Technicals

EMA & SMA

Current Price

₹526.95

-4.5 (-0.85%)

Bullish Moving Average
___
7

Bearish Moving Average
___
9

EMA SMA

20 Day
₹534.30

50 Day
₹526.66

100 Day
₹513.90

200 Day
₹492.99

20 Day
₹536.99

50 Day
₹523.44

100 Day
₹509.61

200 Day
₹496.12

Wipro Resistance and Support

PIVOT

₹527.02

Resistance
First Resistance	533.73
Second Resistance	540.52
Third Resistance	547.23

RSI	46.33
MFI	38.73
MACD Single Line	4.10
MACD	2.02

Support
First Support	520.23
Second Support	513.52
Third Supoort	506.73

Wipro Delivery and Volume

Period	NSE + BSE Volume Avg	NSE + BSE Delivery Volume Avg	NSE + BSE Delivery Volume %
Day	7,043,957	329,445,869	46.77
Week	6,525,784	280,608,701	43
1 Month	7,276,635	290,628,813	39.94
6 Month	8,639,339	373,565,017	43.24

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. 66792.40 Cr. and Equity Capital is Rs. 1045.00 Cr. for the Year ended 31/03/2024. 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	278,016
Sales	66,071
Shares in Float	141.24
No of funds	794
Yield	0.19

Book Value	4.81
U/D Vol ratio	1.2
LTDebt / Equity
Alpha	0.01
Beta	0.9

Wipro Shareholding Pattern

Owner Name	Jun-24	Mar-24	Dec-23
Promoters	72.82%	72.89%	72.9%
Mutual Funds	3.5%	3.53%	3.17%
Insurance Companies	4.64%	4.6%	4.81%
Foreign Portfolio Investors	7.12%	6.96%	6.7%
Financial Institutions/ Banks	0.01%	0.02%	0.01%
Individual Investors	7.19%	7.33%	7.64%
Others	4.72%	4.67%	4.77%

Wipro Management

Name	Designation
Mr. Rishad A Premji	Executive Chairman
Mr. Azim H Premji	Founder Chairman
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
Mr. N S Kannan	Independent Director
Mr. Srinivas Pallia	Managing Director
Mr. P?ivi Rekonen	Independent Director

Wipro Forecast

Price Estimates

2,000(9.8%)

1,758(-3.5%)

1,590(-12.7%)

Other Analyst Rating

Date	Purpose	Remarks
2024-10-17	Quarterly Results
2024-07-19	Quarterly Results
2024-04-19	Audited Results
2024-01-12	Quarterly Results & Interim Dividend
2023-10-18	Quarterly Results

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 ₹526 As on 09 October, 2024 | 02:34

What is the Market Cap of Wipro ?

The Market Cap of Wipro is ₹275662.3 Cr As on 09 October, 2024 | 02:34

What is the P/E ratio of Wipro ?

The P/E ratio of Wipro is 24.7 As on 09 October, 2024 | 02:34

What is the PB ratio of Wipro ?

The PB ratio of Wipro is 3.7 As on 09 October, 2024 | 02:34

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 ₹115.5 billion at the end of June 2021, up from ₹74.2 billion the previous year. However, it also has ₹307.7 billion in cash to offset this, giving it a net cash position of ₹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.

Wipro Key Statistics

P/E Ratio	24.7
PEG Ratio	-6
Market Cap Cr	275,662
Price to Book Ratio	3.7
EPS	17.1
Dividend	0.2
Relative Strength Index	46.33
Money Flow Index	38.73
MACD Signal	4.1
Average True Range	13.11

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