As of March 6th 2025, Wipro Limited experienced a modest increase in their stock prices since the opening bell. Analysts and market experts say the slight uptick of 0.11% could be due to the overall market sentiment and Wipro’s good historical performance. Wipro’s shares opened to the market at Rs. 288 and are currently declining at approximately 1.04%.
Wipro Share Price in Today’s Market
At 2 p.m., Wipro’s share price is 286.25, nearly 0.4% higher than the previous close 285.10. And 0.7% lower than its opening rate. According to the reports and estimates on Money Control, the current market capitalization of Wipro is 300,012 cores; the UC Limit is 313.60, and the LC Limit is 256.60.
Company Financials
Wipro Limited disclosed its third-quarter financial statement on January 17th. The data record a revenue of Rs. 22,319 crore, indicating a slight 0.5% increase year-over-year.
The company reported Rs. 3,354 crore in its net profits. This marks a 24% increase compared to the same period in the previous year. Wipro Declared an interim dividend of ₹6 per equity share, with a record date of January 28th, 2025, and payment on or before February 15th, 2025.
Recent News About Wipro
- On March 5th, 2025, Wipro launched TelcoAI360 at the MWC 2025. TelcoAI360 is designed to transform telecommunications operations by leveraging artificial intelligence.
- In 2025, Wipro renewed its partnership with a U.S. health insurer to operate an end-to-end platform that supports its Affordable Care Act (ACA) business.
Wipro Share Price Target
Market experts on Trendlyne predicted that Wipro Ltd. has an average target of 296. The consensus estimates speculate an upside of 3.73% from the last price of 285.35.
Should You Buy, Sell, Or Hold?
Analysts on Trendlyne are divided between selling and holding the stocks. However, 12% of experts on Money Control suggest buying, 27% suggest holding, and 15% recommend selling the stocks.
Before investing in Wipro, consider its long-term performance and consult your analyst to make the perfect move.
