Petrol Price. Wipro Limited Current WIPRO Stock Price & Stock Information ‣ Best time to take position: After 10.30 am morning. Geographically, Wipro expects faster growth from Europe & APMEA region while vertically it expects growth from BFSI, retail & consumer, energy & utilities and manufacturing. - This broker has upgraded this stock from it's previous report.(eg. Sandeep Wagle's Santa Pick: Wagle picked Tata Consumer. Sharekhan is bullish on Wipro recommended buy rating on the stock with a target price of Rs 450 in its research report dated November 18, 2020. Wipro's (WPRO) analyst meet was focused on a slew of strategic changes being implemented by its new CEO. 2020: WIPRO: Schedule of activities in relation to the Buyback: PU. Even in last quarter Wipro has surprised street with higher revenue guidance of 1.5-3.5% for Q3FY20. Event Update - Aggression is Visible! (2 new), After a Late Start, Cipla Works to Expand the Global Business, TCS begins Q3 results season with a bang; net profit up 7.2% to Rs 8,701 cr, Results Declared in Last Two Days with both YoY and QoQ Profit Growth, MFs for your child's education or retirement, Create your own screener (from 1000+ indicators), Shareholding screeners for promoters, MFs, institutions, Just getting started? For accelerating growth, the CEO's focus is on large deals, client mining,... bold management initiatives as initial signs of trajectory reversal. Shift from traditional 3 axes model to 2 axes model lead to reduction of P&Ls; from 25 to 4 driving in sizable savings. The current share price is 388.10. Wipro Ltd. share price forecast. Wipro stock will be gaining good returns as company 's results are expected to be in positive trend. You may use these research report forecasts for long-term to medium term for your investment or trades in 2020. The current market price of Wipro Ltd. is Rs 385.2. Levels of 378.71, 370.55, 355.08, 331.3, 271.89 are share price targets for Wipro WIPRO Click … 24.0 per share which gives a TP of Rs. : TCS, SBIN, News by Trendlyne - BUY, Guidance beats estimates; large buyback announced, Wipro (SELL): Upbeat Q2 but mid-term growth outlook weak. He departed after a turbulent four years and falling well short of a target to build Wipro into a $15 billion company by 2020. 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. You can switch off notifications anytime using browser settings. The company under the new leadership will increase focus on client mining/large deal wins, leveraging partner ecosystem and higher investments in talent. Wipro Ltd share price zoomed 15 percent on Wednesday after the IT major reported 2.8 percent sequential rise in consolidated net profit for the first quarter of 2020. P/E). ICICI Direct has hold call on Wipro with a target price of Rs 435. The key focus of Wipro's Analyst Day was on operational changes and steps undertaken to accelerate revenue growth. In the coming week you can keep target upto 337 and Stoploss at 324 I think it will increase in the coming week and will cross resistance level of 333 within next week. ICICI Direct has hold call on Wipro with a target price of Rs 435. 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. Growth has become top priority for Wipro as the new CEO aims to transform the company into more outward focused. Wipro share price: CLSA lifts target price to Rs 370, Macquarie hikes it to Rs 416 Wipro share price is down by over 6% despite having posted stable quarterly earnings. 16 WIPRO share price target reports by brokerages below. Nifty50 companies average YoY revenue changed by -7.05%, Trending news - Broker has maintained previous recommendation but increased target price. The goal is to make the organisation more lean operationally and deliver profitable growth. The consensus estimate and regions (Asia, Africa, and South America 2-3% of revenues) to increase the focus on high-growth businesses. The stock is very strong on technical pattern and is also my Santa pick,” Bansal said. Broad-based recovery across verticals, continued margin resiliency, and strong cash generation were the key positives for the company. With multiple deal wins' management has proved their mettle in execution. Our target price of Rs 390 is based on 18x Sep-22E EPS. As a result, new age technologies like cybersecurity (to protect business from work from home scenario), app development (to help customer transact virtually) and Cloud (to enable... We recommend BUY and assign 18x P/E multiple to its FY23E earnings of Rs. The board has approved a proposal to buy back 23.75 crore shares, or 4.16% of the equity, at Rs 400 apiece, Wipro … 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. Thierry Delaporte (new CEO) along with senior leadership team held a virtual analyst day to highlight Wipro's new strategy. 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. Updated on 5th Jan 2021 Evening after Share Market - only valid for Intraday Shares … Consumers now prefer to transact (buy a product) virtually over the smartphone via an app instead of physical transaction. The key focus of Wipro's Analyst Day was on operational changes and the steps undertaken to accelerate revenue growth. Check Wipro Ltd's Live BSE/NSE prices with Historic data. They include oil and gas, automotive, aerospace and … The deal pipeline remains strong and sales activity is picking up driven by higher cloud adoption. Sometimes the entry rate may be very far from the previous day close. The company’s revenue was 2% over the last three months in constant currency terms, and its profit saw a … Be patient, as entry at these levels will have a strong probability to give you better results. - Buy->Hold). For reprint rights: Times Syndication Service, ICICI Prudential Bluechip Fund Direct-Growth. Creation of a global account executive (GAE) role would help WPRO better address long-standing issue in client mining and retention. Credit Suisse upgraded the stock to Buy and raised the target price to Rs 260 from Rs 230 per share earlier. 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. 432 per share, an upside of 19%. represents a downside of -18.81% In addition, to keep business up and running in a work from home scenario, technology is gaining traction. Wipro Ltd. has announced a Rs 9,500-crore buyback, joining its larger peer Tata Consultancy Services Ltd. in rewarding shareholders.. 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. 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. 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. See what is analyst's view on WIPRO share price forecast, rating, estimates, valuation and prediction behind the target. The best long-term & short-term Wipro share price prognosis for 2020, 2021, 2022, 2023, 2024, 2025 with daily 507685 exchange price projections: monthly and daily opening, closing, maximum and minimum stock price outlook with smart technical analysis Wipro WIPRO share price targets . The 47 reports from 16 analysts offering long term price … for Wipro Ltd. have an average target of 349.27. Sometimes the entry rate may be very far from the previous day close. 2020: WIPRO: Goldman Sachs Reinstates Wipro at Sell With $3.75 Price Target: MT. Experts & Broker view on Wipro … Be patient, as entry at these levels will have a strong probability to give you better results. Dynamic levels research experts provide WIPRO share price target and share market tips for WIPRO with the help of our unique research tools. The current market price of Wipro Ltd. is Rs 385.2. It also contains the Live Stock Price and Volume, 52 Week High Low, Bid and Offer Price and Volume, Intraday and Historical Price Chart. The stock is trading at 18.2/16.8x FY22/23x, which is ~20% premium to 5Y average P/E multiple. (eg. 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 Stock Price Forecast, WIPRO stock price prediction. 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. However, Macquarie has an outperform rating on Wipro, Target price of Rs 416 per share and forecasts USD revenue growth of 8.2-10.2% over FY22-23E. Aditya Birla Sun Life Tax Relief 96 Direct-Growt.. Stock Analysis, IPO, Mutual Funds, Bonds & More. 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. How good are your current hold decisions? Many of Wipro’s customers cover industries that would be a major target for hackers – especially the state-sponsored. The 47 reports from 16 analysts offering long term price targets 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. Wipro Target Share Price - Get the latest Wipro share price forecast, Target share price, Stock Quotes, Wipro Stock Analysis, Charts on The Economic Times. Copyright © 2020 Bennett, Coleman & Co. Ltd. All rights reserved. from the last price of 430.20. Never miss a great news story!Get instant notifications from Economic TimesAllowNot now, BSE:507685 | NSE:WIPROEQ | 58888:wipro | IND:IT Consulting & Software - Large Cap | ISIN code:INE075A01022 | SECT:IT Software. These tips are updated every day, please check this page daily for new tips. All times stamps are reflecting IST (Indian Standard Time).By using this site, you agree to the Terms of Service and Privacy Policy. Price target in 14 days: 371.828 INR. Dynamic levels research experts provide WIPRO share price target and share market tips for WIPRO with the help of our unique research tools. We attended the virtual analyst meet of Wipro. Rising adoption of smartphones, high internet speed and social distancing (due to Covid-19) has changed consumer behaviour. Nifty Companies other it Companies, click here to see performance of Sensex Companies, expects robust acceleration in technologies... Results are expected to be in positive trend patient, as entry at these levels will have a probability... Average P/E multiple, Public Sector, etc. expected to be in positive.... In last quarter Wipro has surprised street with higher revenue guidance of 1.5-3.5 % for Q3FY20 was on changes! 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