ICICI Direct has hold call on Wipro with a target price of Rs 435. Even in last quarter Wipro has surprised street with higher revenue guidance of 1.5-3.5% for Q3FY20. : Walkthrough for screener creation, backtesting, Trending Today: Stocks with Highest Dividend Yields, Technical Screeners (RSI, MFI, EMA/SMA and more), New superstar addition: Sunil Singhania's Abakkus. Thierry Delaporte (new CEO) along with senior leadership team held a virtual analyst day to highlight Wipro's new strategy. Wipro share price: CLSA lifts target price to Rs 370, Macquarie hikes it to Rs 416 zeebizindia@gmail.com (Zee Business) 14-10-2020. Wipro: We maintain ADD on Wipro, based on better than expected revenue and in-line margin performance. Nifty50 companies average YoY revenue changed by -7.05%, Trending news See what is analyst's view on WIPRO share price forecast, rating, estimates, valuation and prediction behind the target. 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. You can switch off notifications anytime using browser settings. 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. Talking about CDSL share price, Rakesh Bansal said, “The stock should be bought with a stop-loss of Rs 503, while first target of the stock is Rs 526, its second target is Rs 533. Wipro Ltd. share price forecast. The Prices page of Wipro Ltd.. captures the information on Price and Volume for a user defined time interval. All times stamps are reflecting IST (Indian Standard Time).By using this site, you agree to the Terms of Service and Privacy Policy. ICICI Direct has hold call on Wipro with a target price of Rs 435. Obsession with growth' has to now show up in numbers While the broad strokes of the strategy of the new CEO, Thierry Delaporte, were revealed post 2QFY21 results, the new organizational structure (to be implemented from 1 January 2021) was revealed a week back and greater details of the strategy were shared at an analyst meet yesterday. He departed after a turbulent four years and falling well short of a target to build Wipro into a $15 billion company by 2020. In addition, to keep business up and running in a work from home scenario, technology is gaining traction. 2020: WIPRO: 10 Best Practices to Improve Remote Hiring and Recruit Right Talent in t.. PU. Updated on 5th Jan 2021 Evening after Share Market - only valid for Intraday Shares … Wipro Ltd Share Price- Get Wipro Ltd Stock/Share prices. The company’s revenue was 2% over the last three months in constant currency terms, and its profit saw a … Buy Wipro for 1st week of New Year. The goal is to make the organisation more lean operationally and deliver profitable growth. These tips are updated every day, please check this page daily for new tips. 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. - BUY, Wipro (SELL): Sweeping structural changes to simplify business model, Analyst Meet Update - Simplicity over perfection - BUY, Wipro: Operational restructuring to fund investments, Wipro- Analyst Meet Update- 'Obsession with growth' has to now show up in numbers, Operational restructuring to fund investments, Wipro- 2QFY21 Result Update- Focus on growth and clients; Decent start for new CEO, Q2FY21 Result Update - Strong Guidance! Aditya Birla Sun Life Tax Relief 96 Direct-Growt.. Stock Analysis, IPO, Mutual Funds, Bonds & More. Shift from traditional 3 axes model to 2 axes model lead to reduction of P&Ls; from 25 to 4 driving in sizable savings. Consumers now prefer to transact (buy a product) virtually over the smartphone via an app instead of physical transaction. It is also de-prioritizing some sectors (Hospitality, Airlines, Public Sector, etc.) The key focus of Wipro's Analyst Day was on operational changes and steps undertaken to accelerate revenue growth. 2020: WIPRO: Goldman Sachs Reinstates Wipro at Sell With $3.75 Price Target: MT. Wipro WIPRO share price targets . Revenue growth of 2% QoQ CC was broad-based and guidance of +1.5 to +3.5% QoQ CC growth in 3Q is better than expectation. We attended the virtual analyst meet of Wipro. Our target price of Rs 390 is based on 18x Sep-22E EPS. ADVERTISEMENT. 16 WIPRO share price target reports by brokerages below. Wipro share price: CLSA lifts target price to Rs 370, Macquarie hikes it to Rs 416 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 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. Copyright © 2020 Bennett, Coleman & Co. Ltd. All rights reserved. - This broker has upgraded this stock from it's previous report.(eg. Growth has become top priority for Wipro as the new CEO aims to transform the company into more outward focused. The company, like other IT companies, expects robust acceleration in digital technologies. The current share price is 388.10. Wipro Ltd. has announced a Rs 9,500-crore buyback, joining its larger peer Tata Consultancy Services Ltd. in rewarding shareholders.. For reprint rights: Times Syndication Service, ICICI Prudential Bluechip Fund Direct-Growth. How good are your current hold decisions? 2020: WIPRO: and METRO AG sign strategic digital and IT deal: PU. With multiple deal wins' management has proved their mettle in execution. For accelerating growth, the CEO's focus is on large deals, client mining,... bold management initiatives as initial signs of trajectory reversal. 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. Rising adoption of smartphones, high internet speed and social distancing (due to Covid-19) has changed consumer behaviour. - Broker has maintained previous recommendation but reduced target price. : TCS, SBIN, News by Trendlyne Wipro Share Price, Wipro Stock Price, Wipro Ltd. Stock/Share prices, Wipro Ltd. Live BSE/NSE, F&O Quote of Wipro Ltd. with Historic price charts for NSE / BSE. for Wipro Ltd. have an average target of 349.27. Wipro's (WPRO) analyst meet was focused on a slew of strategic changes being implemented by its new CEO. He departed after a turbulent four years and falling well short of a target to build Wipro into a $15 billion company by 2020. Dynamic levels research experts provide WIPRO share price target and share market tips for WIPRO with the help of our unique research tools. - Sell->Hold). Wipro stock will be gaining good returns as company 's results are expected to be in positive trend. Check Wipro Ltd's Live BSE/NSE prices with Historic data. Credit Suisse upgraded the stock to Buy and raised the target price to Rs 260 from Rs 230 per share earlier. The key contours of the new CEOs refreshed strategy growth from focused sectors/markets, continued investment in talent, and a simplified operational model to help improve focus on customers seem to be steps in We upgrade our FY21/FY22E EPS by 3%/2%, largely led by a revised revenue of execution of Wipros refreshed strategy and a successful turnaround from its growth struggles over the past decade before turning more constructive on the stock. Experts & Broker view on Wipro … The stock is very strong on technical pattern and is also my Santa pick,” Bansal said. (eg. 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. The stock is trading at 18.2/16.8x FY22/23x, which is ~20% premium to 5Y average P/E multiple. - Broker has maintained previous recommendation but increased target price. 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 (Its revenue for the year ended in March was $8.1 billion.) - BUY, Guidance beats estimates; large buyback announced, Wipro (SELL): Upbeat Q2 but mid-term growth outlook weak. Wipro Limited Current WIPRO Stock Price & Stock Information ‣ Best time to take position: After 10.30 am morning. Sometimes the entry rate may be very far from the previous day close. Be patient, as entry at these levels will have a strong probability to give you better results. I think it will increase in the coming week and will cross resistance level of 333 within next week. from the last price of 430.20. In the coming week you can keep target upto 337 and Stoploss at 324 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. Wipro's IT services EBIT margins came at 19.3% (+30bps QoQ) in 2Q21 slightly ahead of our and street estimates 19% underscores the new CEOs focus of profitable growth.... We initiate coverage on Wipro Ltd (Wipro) with a BUY rating and target Price of Rs 432 valuing at 18x FY23E EPS. represents a downside of -18.81% Add your portfolio to get detailed insights, Portfolio NAV: The true performance of your portfolio, - This broker has downgraded this stock from it's previous report. In our view, streamlining P&L; to four SMUs (v/s 20 P&Ls; earlier) should free... We increase our FY22/23E EPS by +2.6/4.7% and target multiple to 18x (vs. 16x earlier) to factor growth acceleration. These tips are updated every day, please check this page daily for new tips. 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WIPRO BUYBACK 2020 Details| LATEST Wipro share NEWS | Wipro BUY BACK RECORD DATE | Wipro BUYBACK PRICE | Wipro Buyback Acceptance Ratio. Broad-based recovery across verticals, continued margin resiliency, and strong cash generation were the key positives for the company. Dynamic levels research experts provide WIPRO share price target and share market tips for WIPRO with the help of our unique research tools. Sandeep Wagle's Santa Pick: Wagle picked Tata Consumer. Sometimes the entry rate may be very far from the previous day close. Event Update - Aggression is Visible! Wipro Stock Price Forecast, WIPRO stock price prediction. The new CEO has outlined new strategic direction, 1) accelerate growth, 2) strengthen clients and partnerships, 3) lead with business solutions, 4) build quality talent at scale, and 4) simplify the operating model. Wipro Stock Price Forecast, 507685 stock price prediction. Wipro Target Share Price - Get the latest Wipro share price forecast, Target share price, Stock Quotes, Wipro Stock Analysis, Charts on The Economic Times. 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. Levels of 378.71, 370.55, 355.08, 331.3, 271.89 are share price targets for Wipro WIPRO Click … You may use these research report forecasts for long-term to medium term for your investment or trades in 2020. Creation of a global account executive (GAE) role would help WPRO better address long-standing issue in client mining and retention. P/E). Wipro Share Price: Goldman Sachs downgrades stock; these are key risks © Provided by Zee Business Goldman Sachs values Wipro on a target P/E multiple of 14.3X (12-yr avg. It also contains the Live Stock Price and Volume, 52 Week High Low, Bid and Offer Price and Volume, Intraday and Historical Price Chart. NSE Quotes and Nifty are also real time and licenced from National Stock Exchange. Many of Wipro’s customers cover industries that would be a major target for hackers – especially the state-sponsored. Price target in 14 days: 371.828 INR. Click here to see performance of Sensex Companies, Click here to see performance of Nifty Companies. The current market price of Wipro Ltd. is Rs 385.2. Be patient, as entry at these levels will have a strong probability to give you better results. The company under the new leadership will increase focus on client mining/large deal wins, leveraging partner ecosystem and higher investments in talent. (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? Shares are priced at $25.82, and the average price target of $59.19 suggests an upside potential of 132% for the next 12 months. The company expects the shift to four Strategic Market Units and two Global Business Lines to help streamline operations and increase its focus outside of the US. For reprint rights: Times Syndication Service, icici Prudential Bluechip Fund Direct-Growth pick: Wagle picked Consumer... In Talent Bonds & more changes and steps undertaken to accelerate revenue growth team held a virtual day! 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