WIPRO
Large Cap BSE: 507685 NSE: WIPRO
₹413.7
6.8 (1.67%)
  • Advice
  • Hold
As on 02 December, 2022 | 01:14

Wipro Performance

Day Range

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52 Week Range

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  • Open Price
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Start SIP in WIPRO

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Wipro Share Price

Wipro Share Returns

  • Over 1 Month 5.43%
  • Over 3 Month 0.79%
  • Over 6 Month -12.12%
  • Over 1 Year -34.83%

Wipro Key Statistics

P/E Ratio 20.1
PEG Ratio -2.9
Market Cap Cr 226,965
Price to Book Ratio 3.5
EPS 22.1
Dividend 1.5
Relative Strength Index 68.92
Money Flow Index 55.77
MACD Signal 1.58
Average True Range 7.08

Wipro Investment Rating

  • Master Rating:
  • Wipro (Nse) has an operating revenue of Rs. 85,244.00 Cr. on a trailing 12-month basis. An annual revenue growth of 27% is outstanding, Pre-tax margin of 19% is great, ROE of 18% is exceptional. The company has a reasonable debt to equity of 9%, which signals a healthy balance sheet. The stock from a technical standpoint is trading below to its 200DMA and close to its 50DMA. It needs to take out the 200DMA levels and stay above it to make any further meaningful move. From an O'Neil Methodology perspective, the stock has an EPS Rank of 62 which is a FAIR score but needs to improve its earnings, a RS Rating of 14 which is POOR indicating the underperformance as compared to other stocks, Buyer Demand at C+ which is evident from recent supply seen, Group Rank of 108 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 declined in the last reported quarter is a negative sign. Overall, the stock has mediocre earnings and technical strength, there are superior stocks in the current market environment.

EPS Strength

Price Strength

Buyer Demand

Group Rank

Wipro Financials
IndicatorSep 2022Jun 2022Mar 2022Dec 2021Sep 2021Jun 2021Mar 2021
Oper Rev Qtr Cr 16,94216,25615,58615,27914,72013,99013,260
Operating Expenses Qtr Cr 13,89613,16112,31512,13111,65211,0669,681
Operating Profit Qtr Cr 3,0453,0953,2713,1483,0682,9243,579
Depreciation Qtr Cr 405395395378358355343
Interest Qtr Cr 1351461191001054388
Tax Qtr Cr 6737276116687471,103668
Net Profit Qtr Cr 2,2832,2175,4792,4652,3871,8043,013

Wipro Technicals

EMA & SMA

Current Price
413.7
6.8 (1.67%)
  • Bullish Moving Average
  • ___
  • 0
  • Bearish Moving Average
  • ___
  • 0
  • 20 Day
  • 398.35
  • 50 Day
  • 398.91
  • 100 Day
  • 416.18
  • 200 Day
  • 461.14
  • 20 Day
  • 396.56
  • 50 Day
  • 394.21
  • 100 Day
  • 405.89
  • 200 Day
  • 460.84

Wipro Resistance and Support

PIVOT
₹405.85
Resistance
First Resistance 409.05
Second Resistance 411.2
Third Resistance 414.4
RSI 68.92
MFI 55.77
MACD Single Line 1.58
MACD 3.8
Support
First Resistance 403.7
Second Resistance 400.5
Third Resistance 398.35

Wipro Delivery and Volume

Period NSE + BSE Volume Avg NSE + BSE Delivery Volume Avg NSE + BSE Delivery Volume %
Day 8,795,918 347,086,924 39.46
Week 7,637,935 384,875,555 50.39
1 Month 6,475,144 320,778,617 49.54
6 Month 7,636,783 350,375,600 45.88

Wipro Result Highlights

Wipro Synopsis

NSE-Computer-Tech Services

Wipro is involved in the business activities of Providing software support and maintenance to the clients. Company’s Total Operating Revenue is Rs. 59574.40 Cr. and Equity Capital is Rs. 1096.40 Cr. for the Year ended 31/03/2022. 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 226,965
Sales 64,062
Shares in Float 148.13
No of funds 750
Yield 1.21
Book Value 4.17
U/D Vol ratio 1
LTDebt / Equity
Alpha -0.2
Beta 1.02

Wipro

Owner NameSep-22Jun-22Mar-22Dec-21
Promoters 72.95%73%73%
Mutual Funds 2.87%3.3%3.13%
Insurance Companies 4.63%0.05%0.04%
Foreign Portfolio Investors 6.58%6.95%8.11%
Financial Institutions/ Banks 0.05%0.07%0.04%
Individual Investors 7.83%7.51%6.79%
Others 5.09%9.12%8.89%

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
Mr. William Arthur Owens 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
2022-10-12 Quarterly Results
2022-07-20 Quarterly Results
2022-04-29 Audited & Quarterly Results
2022-03-25 Interim Dividend
2022-01-12 Quarterly Results & Interim Dividend
Date Purpose Remarks
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

Wipro MF Shareholding

Name Amount(cr)
SBI Nifty 50 ETF 151468
SBI S&P BSE Sensex ETF 83302
HDFC Balanced Advantage Fund Growth 49709
ICICI Prudential Balanced Advantage Fund Growth 44002
UTI Nifty 50 Exchange Traded Fund 39494

About Company

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.

 

History

 

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 ₹413 As on 02 December, 2022 | 01:00

What is the Market Cap of Wipro ?

The Market Cap of Wipro is ₹226965.1 Cr As on 02 December, 2022 | 01:00

What is the P/E ratio of Wipro ?

The P/E ratio of Wipro is 20.1 As on 02 December, 2022 | 01:00

What is the PB ratio of Wipro ?

The PB ratio of Wipro is 3.5 As on 02 December, 2022 | 01:00

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