Wipro Share Price Target 2024, 2025, 2030, 2040, 2050
Wipro Limited, a prominent Indian multinational firm, has recently attracted the attention of investors trying to predict the company share price movement in the dynamic global stock market.
From 2024 through 2050, this blog delves into Wipro share price objectives, offering a thorough analysis grounded in market trends, corporate performance, and expert predictions.
What is Wipro Ltd NSE: WIPRO?
Contents
- 1 What is Wipro Ltd NSE: WIPRO?
- 2 Wipro Share Price Target 2024
- 3 Wipro Share Price Target 2025
- 4 Wipro Share Price Target 2030
- 5 Share Price Target 2040
- 6 Share Price Target 2050
- 7 Should I Buy Wipro Stock?
- 8 Wipro Ltd Earnings Results
- 9 Expert Forecasts on the Future of Wipro Ltd
- 10 Is Wipro Stock Good to Buy? (Bull Case & Bear Case)
- 11 Conclusion
- 12 FAQs
A significant participant in the IT industry, Wipro Limited (formerly Western Indian Palm Refinery Oil) provides consultancy and business process services.
Cloud computing, digital transformation, and cybersecurity are just a few areas where Wipro has grown since its 1945 founding. The company goal is to use new technology to fuel development and innovation; it is present in more than 168 countries.
Fundamental Data Analysis of Wipro Limited
| Metric | Value |
| Market Cap | ₹2,92,155.62 Crore |
| Price to Earnings (P/E) Ratio | 32.76 |
| Return on Assets (ROA) | 10.95% |
| Current Ratio | 2.75 |
| Return on Equity (ROE) | 15.29% |
| 52 Week High | ₹580 |
| 52 Week Low | ₹375 |
| Dividend Yield | 0.19% |
In 2024, experts see a cautiously optimistic future for Wipro. Shares are anticipated to be priced between 583 and 595, with a consensus forecast of 621 rupees. This shows that the company has seized growth opportunities despite the economic instability.
| Year | Minimum Price (₹) | Maximum Price (₹) |
| 2024 | 535 | 621 |
| Month (2024) | Minimum Price (₹) | Maximum Price (₹) |
| January | 535 | 550 |
| February | 540 | 560 |
| March | 545 | 570 |
| April | 550 | 580 |
| May | 555 | 590 |
| June | 560 | 595 |
| July | 570 | 600 |
| August | 575 | 605 |
| September | 580 | 610 |
| October | 585 | 615 |
| November | 590 | 620 |
| December | 595 | 621 |
Shares of Wipro are likely to soar as the company maintains its emphasis on digital transformation and automation. The corporation’s capacity to get large-scale contracts and improve its service offerings are crucial factors that analysts believe will lead to a goal of ₹670 to ₹835 for 2025.
| Year | Minimum Price (₹) | Maximum Price (₹) |
| 2025 | 670 | 835 |
| Month (2025) | Minimum Price (₹) | Maximum Price (₹) |
| January | 670 | 690 |
| February | 680 | 700 |
| March | 690 | 720 |
| April | 700 | 740 |
| May | 710 | 750 |
| June | 720 | 760 |
| July | 730 | 770 |
| August | 740 | 780 |
| September | 750 | 790 |
| October | 760 | 800 |
| November | 770 | 820 |
| December | 780 | 835 |
Wipro strategic efforts in technology and innovation are anticipated to provide significant outcomes by 2030. The predicted range for the share price is 1,475 to 1,850 rupees, which reflects the corporation’s expansion in new technology fields.
| Year | Minimum Price (₹) | Maximum Price (₹) |
| 2030 | 1,475 | 1,850 |
| Month (2030) | Minimum Price (₹) | Maximum Price (₹) |
| January | 1,475 | 1540 |
| February | 1490 | 1560 |
| March | 1514 | 1590 |
| April | 1540 | 1650 |
| May | 1570 | 1620 |
| June | 1589 | 1670 |
| July | 1610 | 1670 |
| August | 1640 | 1678 |
| September | 1650 | 1760 |
| October | 1687 | 1780 |
| November | 1725 | 1786 |
| December | 1755 | 1850 |
The technological environment will have changed drastically by the year 2040. Depending on how well Wipro adapts and takes the lead in areas like blockchain technology and artificial intelligence, analysts predict a share price objective of ₹3,100.
| Year | Minimum Price (₹) | Maximum Price (₹) |
| 2040 | 3,100 | 3,900 |
Predictions indicate that Wipro share price will surpass ₹7,000 by 2050, indicating a solid long-term outlook. The firm has the potential to become a world leader in technology, and its dedication to sustainability is the foundation of this forecast.
| Year | Minimum Price (₹) | Maximum Price (₹) |
| 2050 | 7,000 | 8,600 |
Overall Prediction Table
| Year | Minimum Price (₹) | Maximum Price (₹) |
| 2024 | 535 | 621 |
| 2025 | 670 | 835 |
| 2030 | 1,475 | 1,850 |
| 2040 | 3,100 | 3,900 |
| 2050 | 7,000 | 8,600 |
Should I Buy Wipro Stock?
Market circumstances, business performance, and personal investment objectives are just a few aspects that should be carefully considered before investing in Wipro stock.
Wipro Ltd Earnings Results
Wipro success or failure in the highly competitive IT industry is reflected in its financial performance. According to recent reports, revenue growth has been ups and downs, and net profit has dropped significantly over the last year. These numbers will provide investors with a good idea of the company financial standing.
Expert Forecasts on the Future of Wipro Ltd
Experts are still bullish on Wipro prospects because of its dedication to digital transformation and cloud services. According to industry watchers, Wipro will keep adapting to seize new chances in the market and improve the quality of its services.
Is Wipro Stock Good to Buy? (Bull Case & Bear Case)
Before buying Wipro stock, investors should analyze the company strengths and weaknesses. Investing in the firm would be wise due to its dominant market position and dedication to innovation. Nevertheless, it is essential to consider the dangers associated with economic instability and competitiveness.
Bull Case
- Wipro has a strong track record in the industry, which allows them to build upon it.
- Prospects will be presented to the organization in a favourable light due to its investment in developing technology.
- Because of its global reach, Wipro is able to tap into a wide variety of markets.
- There is a history of success in overcoming market obstacles under the leadership team.
- Socially concerned investors are drawn to Wipro because of its dedication to sustainability.
Bear Case
- The trajectory of Wipro growth might be affected by changes in the global economy.
- There is a danger of losing market share in the IT industry due to the intense competition.
- Recent profit growth needs to be more consistent, raising concerns among investors.
- The firm is susceptible to changes in clients because a large portion of its income is generated by large contracts.
- Wipro may need help keeping up with the rate of technological progress.
Conclusion
Wipro Limited is at a crossroads in its history, with enormous room for expansion in the decades to come. By studying market trends and professional projections, investors may make smart choices about their investment strategy.
