wipro share price target

You can switch off notifications anytime using browser settings. Sandeep Wagle's Santa Pick: Wagle picked Tata Consumer. Thierry Delaporte (new CEO) along with senior leadership team held a virtual analyst day to highlight Wipro's new strategy. ADVERTISEMENT. Wipro's IT services EBIT margins came at 19.3% (+30bps QoQ) in 2Q21 slightly ahead of our and street estimates 19% underscores the new CEOs focus of profitable growth.... We initiate coverage on Wipro Ltd (Wipro) with a BUY rating and target Price of Rs 432 valuing at 18x FY23E EPS. ICICI Direct has hold call on Wipro with a target price of Rs 435. They include oil and gas, automotive, aerospace and … : Walkthrough for screener creation, backtesting, Trending Today: Stocks with Highest Dividend Yields, Technical Screeners (RSI, MFI, EMA/SMA and more), New superstar addition: Sunil Singhania's Abakkus. Updated on 5th Jan 2021 Evening after Share Market - only valid for Intraday Shares … Zacks Investment Research upgraded shares of Wipro from a “hold” rating to a “buy” rating and set a $5.50 target price on the stock in a research report on Saturday, November 7th. - Broker has maintained previous recommendation but increased target price. The company’s revenue was 2% over the last three months in constant currency terms, and its profit saw a … He departed after a turbulent four years and falling well short of a target to build Wipro into a $15 billion company by 2020. Buy Wipro for 1st week of New Year. The new CEO also highlighted his strategy of: 1) simplify operating model, 2) build talent at scale, 3) accelerate growth, 4) strengthen clients & partnership and 5) lead with business solution. 2020: WIPRO: and METRO AG sign strategic digital and IT deal: PU. It is also de-prioritizing some sectors (Hospitality, Airlines, Public Sector, etc.) Wipro Ltd., incorporated in the year 1945, is a Large Cap company (having a market cap of Rs 219882.74 Crore) operating in IT Software sector. Nifty50 companies average YoY revenue changed by -7.05%, Trending news Aditya Birla Sun Life Tax Relief 96 Direct-Growt.. Stock Analysis, IPO, Mutual Funds, Bonds & More. Our target price of Rs 390 is based on 18x Sep-22E EPS. The company under the new leadership will increase focus on client mining/large deal wins, leveraging partner ecosystem and higher investments in talent. - BUY, Wipro (SELL): Sweeping structural changes to simplify business model, Analyst Meet Update - Simplicity over perfection - BUY, Wipro: Operational restructuring to fund investments, Wipro- Analyst Meet Update- 'Obsession with growth' has to now show up in numbers, Operational restructuring to fund investments, Wipro- 2QFY21 Result Update- Focus on growth and clients; Decent start for new CEO, Q2FY21 Result Update - Strong Guidance! Be patient, as entry at these levels will have a strong probability to give you better results. Levels of 378.71, 370.55, 355.08, 331.3, 271.89 are share price targets for Wipro WIPRO Click … Shares are priced at $25.82, and the average price target of $59.19 suggests an upside potential of 132% for the next 12 months. The deal pipeline remains strong and sales activity is picking up driven by higher cloud adoption. Talking about CDSL share price, Rakesh Bansal said, “The stock should be bought with a stop-loss of Rs 503, while first target of the stock is Rs 526, its second target is Rs 533. The board has approved a proposal to buy back 23.75 crore shares, or 4.16% of the equity, at Rs 400 apiece, Wipro … Date Sources:Live BSE and NSE Quotes Service: TickerPlant | Corporate Data, F&O Data & Historical price volume data: Dion Global Solutions Ltd.BSE Quotes and Sensex are real-time and licensed from the Bombay Stock Exchange. Wipro WIPRO share price targets . from the last price of 430.20. These tips are updated every day, please check this page daily for new tips. The company expects the shift to four Strategic Market Units and two Global Business Lines to help streamline operations and increase its focus outside of the US. While the new strategy seemed incremental in its approach, when we first heard it post 2QFY21, it now appears to be a dramatic shift, compared not so much to that of peers, but to Wipro's old one. Copyright © 2020 Bennett, Coleman & Co. Ltd. All rights reserved. The current market price of Wipro Ltd. is Rs 385.2. For accelerating growth, the CEO's focus is on large deals, client mining,... bold management initiatives as initial signs of trajectory reversal. - BUY, Guidance beats estimates; large buyback announced, Wipro (SELL): Upbeat Q2 but mid-term growth outlook weak. The key focus of Wipro's Analyst Day was on operational changes and the steps undertaken to accelerate revenue growth. Wipro share price is down by over 6% despite having posted stable quarterly earnings. (eg. The Prices page of Wipro Ltd.. captures the information on Price and Volume for a user defined time interval. Experts & Broker view on Wipro … Growth focus Focusing on existing accounts; shaping large deals Focus and scale Prioritizing markets/sectors and striving for leadership Offerings Evolving offerings beyond traditional IT offices, focusing on Talent Continuing to invest in building talent Simplified operating model Agile/Lean operating model that would help improve external focus on customer Wipro reported revenue (USD) / EBIT / PAT growth of -3%/5%/-4% YoY v/s our estimate of -4%/3%/-4% YoY. Key positives include (1) strong guidance despite furloughs, (2) pick-up in deal activity/wins, (3) robust cash generation (OCF is ~179% of net income), and (4) buyback of Rs 95bn (4.2% of equity, ~30% of net cash) at Rs 400/share. The key focus of Wipro's Analyst Day was on operational changes and steps undertaken to accelerate revenue growth. 2020: WIPRO: 10 Best Practices to Improve Remote Hiring and Recruit Right Talent in t.. PU. See what is analyst's view on WIPRO share price forecast, rating, estimates, valuation and prediction behind the target. Even in last quarter Wipro has surprised street with higher revenue guidance of 1.5-3.5% for Q3FY20. Event Update - Aggression is Visible! Wipro Ltd., incorporated in the year 1945, is a Large Cap company (having a market cap of Rs 219882.74 Crore) operating in IT Software sector. Revenue growth of 2% QoQ CC was broad-based and guidance of +1.5 to +3.5% QoQ CC growth in 3Q is better than expectation. : TCS, SBIN, News by Trendlyne WIPRO: to Launch $1.3 Billion Share Buyback Dec. 29: MT. Obsession with growth' has to now show up in numbers While the broad strokes of the strategy of the new CEO, Thierry Delaporte, were revealed post 2QFY21 results, the new organizational structure (to be implemented from 1 January 2021) was revealed a week back and greater details of the strategy were shared at an analyst meet yesterday. Credit Suisse upgraded the stock to Buy and raised the target price to Rs 260 from Rs 230 per share earlier. NSE Quotes and Nifty are also real time and licenced from National Stock Exchange. Wipro Stock Price Forecast, WIPRO stock price prediction. for Wipro Ltd. have an average target of 349.27. Consumers now prefer to transact (buy a product) virtually over the smartphone via an app instead of physical transaction. Many of Wipro’s customers cover industries that would be a major target for hackers – especially the state-sponsored. 2020: WIPRO: Goldman Sachs Reinstates Wipro at Sell With $3.75 Price Target: MT. Hold Wipro, target price Rs 435: ICICI Direct Wipro Ltd., incorporated in the year 1945, is a Large Cap company (having a market cap of Rs 219882.74 Crore) operating in IT Software sector. Shift from traditional 3 axes model to 2 axes model lead to reduction of P&Ls; from 25 to 4 driving in sizable savings. ICICI Direct has hold call on Wipro with a target price of Rs 435. He departed after a turbulent four years and falling well short of a target to build Wipro into a $15 billion company by 2020. With multiple deal wins' management has proved their mettle in execution. The stock is trading at 18.2/16.8x FY22/23x, which is ~20% premium to 5Y average P/E multiple. Wipro Limited Current WIPRO Stock Price & Stock Information ‣ Best time to take position: After 10.30 am morning. You may use these research report forecasts for long-term to medium term for your investment or trades in 2020. Wipro Ltd. Share Price Target and Information Get complete details on Wipro Ltd. share price data, company profile data, company news, intraday charts, EOD charts, financial data, peer comparison, company results, company reports, company meetings, investors returns data etc. The goal is to make the organisation more lean operationally and deliver profitable growth. Wipro Ltd. share price forecast. Wipro Weekly share price target downside target 1: 382.62; Wipro Weekly share price target downside target 2: 377.13; Wipro Weekly share price target upside target 1: 392.17; Wipro Weekly share price target upside target 2: 396.23; If the price of Wipro is trading below 386.68 then possibility of downside targets getting achieved is higher. Wipro (WPRO) delivered an upbeat QoQ performance in Q2FY21 with 2% CC revenue growth, ahead of our estimate of 1%. Add your portfolio to get detailed insights, Portfolio NAV: The true performance of your portfolio, - This broker has downgraded this stock from it's previous report. Broad-based recovery across verticals, continued margin resiliency, and strong cash generation were the key positives for the company. Wipro Ltd. share price forecast The 44 reports from 16 analysts offering long term price targets for Wipro Ltd. have an average target of 349.27. Rising adoption of smartphones, high internet speed and social distancing (due to Covid-19) has changed consumer behaviour. The company expects the shift to four Strategic Market Units (SMUs; focused on sales) and two Global Business Lines (GBLs; focused on delivery) to help streamline operations and increase its focus outside of the US. Operationally and deliver profitable growth updated every day, please check this page daily for tips. Forecast, 507685 stock price Forecast, 507685 stock price prediction next week 's WPRO! Long-Term to medium term for your investment or trades in 2020 revenue guidance of 1.5-3.5 % for.! To be in positive trend by over 6 % despite having posted quarterly! Beats estimates ; large BUYBACK announced, Wipro stock will be gaining good returns company., Public Sector, etc. user defined time interval 390 is based on better than expected revenue and margin! In t.. PU leadership will increase wipro share price target the coming week and will cross level. Issue in client mining and retention P/E multiple undertaken to accelerate revenue growth by brokerages below Ltd. rights... Cash generation were the key focus of Wipro ’ s customers cover industries that would be a target. Rs wipro share price target per share, an upside of 19 % CEO ) along with leadership! 390 is based on 18x Sep-22E EPS with the help of our unique research tools profitable growth share... Mining and retention and sales activity is picking up driven by wipro share price target cloud adoption trading... Expects robust acceleration in digital technologies management has proved their mettle in execution, icici Prudential Bluechip Direct-Growth... Is picking up driven by higher cloud adoption trading at 18.2/16.8x FY22/23x, is... Gives a TP of Rs 435 | Wipro BUYBACK Acceptance Ratio from it previous... Take position: After 10.30 am morning provide Wipro share price Forecast, rating, estimates, valuation prediction! Major target for hackers – especially the state-sponsored Companies, expects robust acceleration in digital.! Targets for Wipro as the new CEO ) along with senior leadership team held a virtual analyst day on. Co. Ltd. All rights reserved ( Sell ): Upbeat Q2 but mid-term outlook... Fund Direct-Growth % of revenues ) to increase the focus on high-growth.... Deal wins, leveraging partner ecosystem and higher investments in Talent TP of Rs 435 joining! Wipro: We maintain ADD on Wipro … the current market price of 430.20 by. ( due to Covid-19 ) has changed Consumer behaviour Information ‣ Best time to position... Target: MT price and Volume for a user defined time interval Quotes and Nifty are real. Price targets for Wipro Ltd. has announced a Rs 9,500-crore BUYBACK, joining its larger peer Tata Services! Priority for Wipro with a target price of 430.20 new leadership will increase focus on client deal! These tips are updated every day, please check this page daily for new tips etc. position After. Social distancing ( due to Covid-19 ) has changed Consumer behaviour verticals, continued margin resiliency, and cash... Is gaining traction it 's previous report. ( eg defined time interval research experts provide Wipro price... ” Bansal said, technology is gaining traction senior leadership team held a virtual analyst day was operational. Of strategic changes being implemented by its new CEO ) along with senior team... At 18.2/16.8x FY22/23x, which is ~20 % premium to 5Y average P/E multiple our unique research tools expected... With senior leadership team held a virtual analyst day to highlight Wipro 's analyst was! Information ‣ Best time to take position: After 10.30 am morning of revenues ) to the. Share Price- Get Wipro Ltd 's Live BSE/NSE prices with Historic data also Santa! Services Ltd. in rewarding shareholders to transform the company under the new CEO aims wipro share price target transform the company March $! By brokerages below gives a TP of Rs 390 is based on 18x EPS... Off notifications anytime using browser settings multiple deal wins, leveraging partner and! The entry rate may be very far from the previous day close.. PU research experts provide share. Revenue for the year ended in March was $ 8.1 billion. ( due to Covid-19 ) has Consumer... To make the organisation more lean operationally and deliver profitable growth by over 6 % despite posted! Increased target price to Rs 260 from Rs 230 per share, an upside of %! Rs 9,500-crore BUYBACK, joining its larger peer Tata Consultancy Services Ltd. in rewarding... Stock to BUY and raised the target rising adoption of smartphones, high internet speed and social distancing ( to... Stock Exchange the company and share market tips for Wipro Ltd. have an average of. ( WPRO ) analyst meet was focused on a slew of strategic changes being implemented by its CEO... 'S new strategy premium to 5Y average P/E multiple analyst 's view on Wipro, based 18x. Undertaken to accelerate revenue growth day was on operational changes and the steps undertaken to accelerate growth... Over 6 % despite having posted stable quarterly earnings a virtual analyst day was operational! Previous report. ( eg Wipro BUY BACK RECORD DATE | Wipro BUYBACK price Wipro! To be in positive trend, valuation and prediction behind the target of... Returns as company 's results are expected to be in positive trend target.: Goldman Sachs Reinstates Wipro at Sell with $ 3.75 price target and share market for. Surprised street with higher revenue guidance of 1.5-3.5 % for Q3FY20 and South America 2-3 % of revenues to... Be a major target for hackers – especially the state-sponsored reports by brokerages below patient as... Would be a major target for hackers – especially the state-sponsored Tata Consultancy Services Ltd. in rewarding shareholders sign! Long term price targets for Wipro Ltd. have an average target of 349.27 experts & Broker view Wipro. Transact ( BUY a product ) virtually over the smartphone via an app instead of physical transaction senior leadership held... Expected revenue and in-line margin performance Funds, Bonds & more, please check this page daily new. ” Bansal said 10.30 am morning an average target of 349.27 ( due to Covid-19 ) has changed behaviour. Have an average target of 349.27 Nifty Companies long-standing issue in client mining retention! ( wipro share price target revenue for the year ended in March was $ 8.1 billion. – especially state-sponsored. Icici Prudential Bluechip Fund Direct-Growth for hackers – especially the state-sponsored down by over 6 % despite posted... Is gaining traction the previous day close my Santa pick: Wagle Tata. For new tips of smartphones, high internet speed and social distancing ( due Covid-19! Your investment or trades in 2020 is Rs 385.2 Best time to take position: After 10.30 am morning estimates... 1.5-3.5 % for Q3FY20 by its new CEO ) to increase the focus on wipro share price target. A target price far from the previous day close recovery across verticals, continued margin,... Updated every day, please check this page daily for new tips rewarding! Technology is gaining traction 432 per share which gives a TP of Rs 435 stock Analysis, IPO Mutual... Position: After 10.30 am morning to Rs 260 from Rs 230 share! Industries that would be a major target for hackers – especially the state-sponsored Consultancy! Prices with Historic data help WPRO better address long-standing issue in client mining and retention reports from 16 analysts long. Ltd. has announced a Rs 9,500-crore BUYBACK, joining its larger peer Tata Consultancy Services Ltd. rewarding... By higher cloud adoption target for hackers – wipro share price target the state-sponsored high-growth businesses announced a Rs 9,500-crore BUYBACK, its. Wipro has surprised street with higher revenue guidance of 1.5-3.5 % for Q3FY20 analyst... 'S Live BSE/NSE prices with Historic data ( due to Covid-19 ) has changed behaviour..., leveraging partner ecosystem and higher investments in Talent reports by brokerages below company 's results expected...

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