Wipro Share Price

Check Wipro share price, live chart and  historical price trend. Wipro share share is listed on BSE and NSE India, BUY-SELL trend confirmation, financial data, Wipro (NSE/BSE:WIPRO) profitable trading strategy and more!

Wipro Latest Share Price

Wipro Share Price History

Wipro Share Price Trend

Wipro Share Chart

Wipro Trading Strategy

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Wipro Price Target for Today / Tomorrow

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Wipro Share Price Target for 2025, 2030

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Share Price Target
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Wipro: Company Overview

Wipro Limited, established in 1945 by Mohamed Premji as Western India Vegetable Products Limited, has evolved from a vegetable oil manufacturer into a leading global information technology, consulting, and business process services company. Headquartered in Bengaluru, India, Wipro operates in over 50 countries, delivering innovative solutions across various industries.

Historical Evolution

Initially focused on consumer products, Wipro diversified into IT services in the 1980s under the leadership of Azim Premji, Mohamed Premji’s son. This strategic shift propelled Wipro into the global IT landscape, offering services such as systems integration, consulting, and outsourcing. Over the decades, Wipro expanded its portfolio to include cloud computing, artificial intelligence, and cybersecurity, aligning with technological advancements and market demands.

Business Segments

Wipro’s operations are structured into several key segments:

  • IT Services: Provides a comprehensive range of services, including digital strategy, design, engineering, and operations, catering to industries such as banking, healthcare, and retail.

  • IT Products: Offers a variety of computing products, including desktops, servers, and storage devices, primarily targeting enterprise customers.

  • India State-Run Enterprise Services: Delivers IT solutions to government and public sector organizations within India.

Financial Performance

In the second quarter of fiscal year 2024, Wipro reported consolidated revenue of ₹223.02 billion (approximately $2.65 billion), surpassing analysts’ expectations. This performance was driven by a revival in spending from clients in the U.S. communications sector. However, the company experienced a 1% decline in revenue compared to the previous year, reflecting challenges in the global IT services market.

Recent Developments

  • Leadership Changes: In May 2024, Chief Operating Officer Amit Choudhary resigned, with Sanjeev Jain, the Global Head of Business Operations, appointed as his successor. This transition is part of Wipro’s ongoing efforts to strengthen its leadership team and drive operational excellence.

  • Market Performance: Wipro’s stock has experienced fluctuations, with shares reaching a 52-week high of ₹589.05 in November 2024. The company’s performance reflects broader trends in the IT services sector and investor sentiment.

Corporate Social Responsibility

Wipro is committed to sustainability and social responsibility, focusing on education, ecology, and community care. The company emphasizes diversity, equity, and inclusion, fostering an inclusive workplace culture. Through initiatives like the Wipro Cares program, the company contributes to various social causes, reinforcing its commitment to corporate citizenship.

With a rich history of transformation and innovation, Wipro continues to adapt to the evolving technological landscape, delivering value to clients worldwide and maintaining its position as a leader in the global IT services industry.

Wipro Share Financial Data