Wipro Limited is a global information technology, consulting and business process services (BPS) company based in Bangalore, Karnataka. It was founded in 1945 and has a long history of providing excellent returns to its investors. The company has a current market capitalization of approximately INR 210,000 crore and a P/E ratio of around 18.
Wipro Limited operates in the IT sector and provides a range of services including IT consulting, technology services, and business process services. The company serves a diverse client base and has strategic relationships with many of its customers, which supports high levels of repeat business. Wipro has a diversified portfolio and a strong presence in the Indian IT industry.
Wipro Share Price Target 2023
First Target
₹396.861
Second Target
₹474.341
Wipro Share Price Target 2024
First Target
₹481.423
Second Target
₹566.349
Wipro Share Price Target 2025
First Target
₹566.991
Second Target
₹650.498
Wipro Share Price Target 2026
First Target
₹650.710
Second Target
₹733.921
Wipro Share Price Target 2027
First Target
₹734.416
Second Target
₹815.865
Wipro Share Price Target 2028
First Target
₹818.135
Second Target
₹899.654
Wipro Share Price Target 2029
First Target
₹901.854
Second Target
₹985.308
Wipro Share Price Target 2030
First Target
₹985.573
Second Target
₹1070.68
Wipro Share Price Target 2035
First Target
₹1404.168
Second Target
₹1489.275
Wipro Share Price Target 2040
First Target
₹1822.763
Second Target
₹1901.740
Strengths of the Company
Long history and established brand
Diversified portfolio
Strong management team
Large and diverse client base
Weaknesses of the Company
Dependence on the volatile IT sector
Competition from other IT companies
Pressure on margins in recent quarters
Shareholding pattern of Wipro Ltd.
As of September 2021, the shareholding pattern of Wipro Limited was as follows:
Promoters: 73.29%
Foreign Institutional Investors: 8.91%
Domestic Institutional Investors: 7.72%
Other Investors: 9.08%
Competitors of Wipro Ltd.
Wipro competes with other IT companies in India and globally. Some of its major competitors include Tata Consultancy Services, Infosys, and HCL Technologies.
Conclusion
Wipro Limited is a leading IT company in India with a strong track record of delivering excellent returns to its investors. It has a diversified portfolio and a large and diverse client base, which helps it to weather the ups and downs of the volatile IT sector. However, the company does face competition and pressure on margins, which are important factors to consider when evaluating the company as a potential investment.
FAQs:
Q: What is the current market capitalization of Wipro Limited?
A: The current market capitalization of Wipro Limited is approximately INR 210,000 crore.
Q: What is the P/E ratio of Wipro Limited?
A: The P/E ratio of Wipro Limited is around 18.
Q: Who are the major competitors of Wipro Limited?
A: Some of the major competitors of Wipro Limited include Tata Consultancy Services, Infosys, and HCL Technologies.
Q: What is the shareholding pattern of Wipro Limited?
A: As of September 2021, the shareholding pattern of Wipro Limited was as follows: Promoters: 73.29%, Foreign Institutional Investors: 8.91%, Domestic Institutional Investors: 7.72%, and Other Investors: 9.08%.
Q: Should I invest in Wipro Limited based on price targets or predictions?
A: It is not appropriate or accurate to make investment decisions based solely on price targets or predictions. Instead, investors should thoroughly research a company and carefully consider their investment goals and risk tolerance before making any investment decisions.
