Wipro Share Price Target 2023, 2024, 2025, 2028, 2030: Through today’s post, we will try to give you information about the target of Wipro company for the next few years on the basis of technical and fundamental analysis.
Whenever there is talk of companies in the tech industry, Wipro’s name definitely comes, this company’s majority business is related to IT service.
However, due to increasing competition in the IT sector, in the last few years, the business of Wipro company has not seen as much growth as expected by its investors.
But in the present time, the management of the Wipro company is very well managing the business of the company and adding it to grow as fast as possible, which will definitely benefit its investors.
Wipro Limited Company Info
Wipro Limited is an IT company started by Azim Premji which was established in 1945 AD. This company is the third largest IT company in India whose headquarter is located in Bangalore.
This company has also received many awards in the IT sector and has made its mark in many countries due to its good service.
At present, the total market cap of Wipro Limited Company is Rs 2.23 lakh crore and its share price is running around Rs 410.
In the last 1 year, this stock has given a loss of about 28%, while if we talk about the last 5 years, then this stock has given a profit of about 90% to its investors.
This company was listed in the Indian stock market in 1999, when its share price was around Rs.13. After its listing, this share has also been split several times.
In the Indian stock market, this share is listed in both NSE and BSE stock exchange, you can invest in this share through the exchange of your choice.
Wipro Share Price Target 2023
At present, Wipro Limited company comes in third place after TCS and Infosys in the tech sector, although sometimes HCL Technologies overtakes Wipro Limited and this company goes to fourth place.
The way all the big companies are using technology to scale their business, it is clear that the business of IT sector companies is going to grow faster in the future.
Due to the high profit margin in the business of IT sector, the company of this sector would have been more profitable and its investors also get its benefit.
Similarly Wipro Limited company is improving its management and with good management and mindset it is right to work in coming years
For the year 2023, the first target of Wipro Limited stock can be Rs.480 and the second target can be Rs.500.
First Target 2023 | 480 |
Second Target 2023 | 500 |
Wipro Share Price Target 2024
By the way, there has not been much growth in the share price of this company in the last few days, but now slowly growth is being seen in this business.
And this company is currently trying to provide better IT service in many other fields like Health, Energy, Technology, Manufacturing, Communications, which is benefiting the company and day by day new customers are joining Wipro Limited. have been
There is also an increase in the revenue of Wipro Limited, from this we can guess that this stock will be able to give good returns to its investors in the coming times.
For the year 2024, the first target of Wipro Limited can be Rs.590 and the second target can be Rs.620.
First Target 2024 | 590 |
Second Target 2024 | 620 |
Wipro Share Price Target 2025
If we look at the business industry at present, we find that most of the businesses are dependent on technology and all the businesses are looking for better IT services for themselves.
In such a situation, the demand for the field in which Wipro Limited is working is going to increase, we will definitely see its effect in the company’s salary.
The higher the company’s sales, the higher its revenue and accordingly the profits will be higher, due to which its share price will also increase.
For the year 2025, the first target of Wipro Limited Company can be Rs.720 and the second target can be Rs.750.
First Target 2025 | 720 |
Second Target 2025 | 750 |
Wipro Share Price Target 2028
At present, if we look at the management of Wipro Limited, we can see that the company is adopting new technology for the growth, which is very important for the growth of the business.
Along with this, this company is also acquiring small companies in its area or is also partnering with other companies, its positive effect will definitely be seen in its share price.
By acquiring small companies, the company will have a lot of customers and more workplaces, due to which its business growth can be possible even faster.
for the year 2028 | The first target of Wipro Limited Company can be Rs.1150 and the second target can be Rs.1200.
First Target 2028 | 1150 |
Second Target 2028 | 1200 |
Wipro Share Price Target 2030
If you are planning to invest in Wipro Limited shares for a long time, then this can also become your best plan because in the coming 10-15 years, Wipro Limited Company can give very good returns to its investors.
Along with this, the research and development team of the company is also getting stronger, due to which it will be successful in manufacturing its new things.
And the company is also spending a major part of its shortfall for its research and development so that it can be successful in expanding the business in future.
For the year 2030, the first target of Wipro Limited Company can be Rs.1700 and the second target can be Rs.1800.
First Target 2030 | 1700 |
Second Target 2030 | 1800 |
Wipro Share Price Target 2023, 2024, 2025, 2028, 2030
Year | First Target | Second target |
---|---|---|
2023 | 480 | 500 |
2024 | 590 | 620 |
2025 | 720 | 750 |
2026 | 890 | 920 |
2027 | 1010 | 1080 |
2028 | 1150 | 1200 |
2029 | 1320 | 1440 |
2030 | 1700 | 1800 |
Future of Wipro Limited
If Wipro company is seen in future, then the demand of the company is going to increase in the area where its business is spread.
Along with that, Wipro Limited is also investing a lot of money in its research and development so that it can keep its business updated according to the future.
And the company is expanding its business in India as well as in many other countries, whose benefits will definitely be seen in the coming years.
Wipro Limited is spreading its business in many areas so that more and more customers can join it and its revenue can be seen to grow.
Overall, the future of Wipro Limited is looking very good, and in the coming years, this stock can definitely give good returns to its investors.
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Conclusion
Through this post, we have shared with you complete information about Wipro Share Price Target 2023, 2024, 2025, 2028, 2030, the purpose of this post is to share information with you only if you want to invest in Wipro Limited shares. If yes then you must do analysis or must consult your financial advisor
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