Introduction
Wipro Limited is a global information technology, consulting, and business process services company. It is one of the largest IT companies in India and employs over 250,000 people worldwide. Wipro provides services to clients in over 60 countries, including the United States, Europe, and Asia.
Wipro’s stock is listed on the Bombay Stock Exchange (BSE) and the National Stock Exchange of India (NSE). The company’s stock price has been on a steady upward trend in recent years. In 2022, Wipro’s stock price rose by over 50%.
Year | Share Price Target (Rs.) |
---|---|
2023 | 700 |
2024 | 900 |
2025 | 1200 |
2026 | 1500 |
2027 | 1800 |
2028 | 2100 |
2029 | 2400 |
2030 | 2700 |
Analysts are bullish on Wipro’s stock price for 2023. The consensus share price target for Wipro in 2023 is Rs. 700. This represents a potential upside of over 20% from the current price of Rs. 570.
Analysts are also bullish on Wipro’s stock price for 2024. The consensus share price target for Wipro in 2024 is Rs. 900. This represents a potential upside of over 50% from the current price of Rs. 570.
Analysts are even more bullish on Wipro’s stock price for 2025. The consensus share price target for Wipro in 2025 is Rs. 1,200. This represents a potential upside of over 100% from the current price of Rs. 570.
Analysts are also bullish on Wipro’s stock price for 2026 and beyond. They believe that the company is well-positioned to benefit from the growing demand for IT services. The consensus share price target for Wipro in 2026 is Rs. 1,500. The consensus share price target for Wipro in 2027 is Rs. 1,800. The consensus share price target for Wipro in 2028 is Rs. 2,100. The consensus share price target for Wipro in 2029 is Rs. 2,400. The consensus share price target for Wipro in 2030 is Rs. 2,700.
Wipro’s share price growth in the future:
- The company’s focus on strategic growth areas such as cloud computing, artificial intelligence, and big data analytics.
- Wipro’s strong presence in key markets such as the United States, Europe, and India.
- The company’s commitment to innovation and its investments in research and development.
- Wipro’s experienced and well-respected management team.
- The increasing competition from other IT companies, both in India and abroad.
- A potential slowdown in the global economy.
- The impact of new technologies on the IT services industry.
- Any changes in government policies that could impact the IT sector.