Stocks To Buy Today | Wipro Share Price
Wipro Limited (NSE: WIPRO) company’s core business segment is into Information Technology and is been selected for investing long term horizon over an year and above based on the fundamental and technical analysis provided here in this article. Technical analysis indicators; Simple Moving Average (SMA) 200 above the SMA 300 while the Relative Strength Index (RSI) is showing at 22.53. The trend may continue to be little bit down trend followed by consolidation in near term which indicates a good stock accumulation period through stock SIP investment method for better stock price averaging while investing.
The market capitalization as on publishing day stands at Rs. 2.19 Lakh Crore positioning it in large cap stocks group listed on NSE India by market capitalization.
Wipro Share Price
Wipro Share Price is currently trading at Rs.
393.85
per stock &
Wipro Technical Chart
the performance of the stock over 3 years of time frame which is considered to be a good investment period shows decent profits & now the opportunities to invest based on above technical & following stock fundamentals.
Similarly; WIPRO 52 week high price at Rs. 739.85/- & 52 week low price at 391/-
Why one should consider Wipro Share Price?
Following are the fundamental analysis of Wipro Share Price will definitely make to think in one of the large cap companies of India for decent profits in a medium to long term investment horizon.
Fundamental Analysis of Wipro
| Market Capitalization | Rs. 219389 Crore | Return On Equity (ROE) | 20.18% |
| P/E Ratio (TTM) | 18.01 | EPS (TTM) | 22.29 |
| P/B Ratio | 3.33 | Dividend Yield | 1.49% |
| Industry P/E Ratio | 27.24 | Book Value | 120.38 |
| Debt to Equity | 0.27 | Face Value | 2 |
Reference Groww app as on 15-07-2022 EOD.
Financial Statement of Wipro
| Yearly | Revenue (Rs. Crores) | Profit (Rs. Crores) | Net Worth (Rs. Crores) |
| 2018 | 54,487.0 | 8,008.0 | 48,294.0 |
| 2019 | 58,584.0 | 9,003.0 | 56,812.0 |
| 2020 | 61,023.0 | 9,722.0 | 55,746.0 |
| 2021 | 61,943.0 | 10,795.0 | 55,310.0 |
| 2022 | 79,093.0 | 12,219.0 | 65,816.0 |
Note: Data reference Groww app as on 15-07-2022 EOD.
Shareholding Pattern of Wipro
| Promoters | 73.00% |
| Retail Investors | 15.68% |
| Foreign Investors | 8.11% |
| Mutual Funds | 3.13% |
| Other Domestic Institutions | 0.08% |
Reference Groww app as on 15-07-2022 EOD.
Wipro Limited
Wipro Limited is 10 billion USD company established 77 year ago next-generation digital age global technology company spread across 66 countries with a team of 240,000 members having management philosophy, a strong 1300 client base around the globe by providing complex solutions to digital transformation needs with innovative solution in consulting, design, engineering, operations and emerging technology services. The company also got listed in US stock exchange with symbol (NYSE: WIT).
Future ready solutions with changing needs of modern real-world application to maximize IoT value. WIPRO is developing high-performance, real-time unstructured databases for mission-critical applications before Big Data became organizations digital technology today.
Built technologically driven competencies in design thinking with AI-powered automation, Blockchain, Cybersecurity and cloud native for service assurance and efficient operations for deliveries beyond contract terms. Read more about Wipro Limited company here from its official website.
Competitors of Wipro
As Wipro comes under IT sector; there are quiet a few peer competitors to WIPRO & here is a list of Top 5 companies in IT Stocks based on market capitalization as on publishing day are as follows…
How to invest in Stock Market with the Best Trading App in India?
Here is the list of top stock brokers in India who made the trading in stock market made hassle free and best user experience with very attractive competitive brokerage charges.
- Zerodha
- Groww
- 5paisa
What makes the best to go for Zerodha Account Opening
Breaking the barriers of brokerage charges among other competitors by the time company incorporated in 2010; Evolve, rise & conquer the market with flat Rs.20/- or less; which ever is low concept, now Zerodha is on India's no.1 position.
Zerodha Kite Features
Why don't to utilize the Stock SIP investing option to invest in Wipro on regular basis on convenient day of every month on Zerodha product Kite. Now Zerodha Account Opening is very easy and Zerodha Demat Account for starting stock SIP investing right now.
Do you know the stock broker turned-up unicorn: Groww App
The tough competitor now to Zerodha is Groww who turned-up unicorn startup of India facilitating not only the stocks investing but also mutual funds unlike Zerodha only provides stock trading. Groww recently introduced US stocks trading into its new product offering. Why waiting for something else and start investing right now in Wipro with Groww App.
Groww App Download
Excited; how to open Demat account with Groww App; Here we share a link for opening the Demat account with Groww App.
Never forget the senior broker: 5paisa
Senior most broker among the above; 5paisa (a.k.a. IIFL Securities) using different accounts over a period of time; found 5paisa is now in line to the charges and best user experience with the app to consider. Click here to open Demat account with 5paisa App.
References and Links:
- Wipro stock chart: https://chartink.com/stocks/WIPRO.html
- About Wipro company profile: https://www.wipro.com/about-us/
- Zerodha Account Open: https://zerodha.com/open-account?c=XT4406
- Groww Account Open: https://app.groww.in/v3cO/ytmyw8ym
- 5paisa Account Open: https://cutt.ly/qLf9zZW
Happy investing for prosperity.
It take 30 long years to turn Rs. 1/- worth Rs. 1000/-, so start investing now.
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