Wipro share Price Prediction 2023, 2025, 2030, 2050
Wipro share Price Prediction
The Indian stock market is on the rise, and one of the companies leading the charge is Wipro. The IT services giant has seen its share price increase by nearly 50% in the last year, and there are no signs of it slowing down. But what does the future hold for Wipro? Can the company continue to outperform the markets? In this blog post, we’ll take a look at Wipro’s recent history and try to predict where its share price is headed in the next year or two.
How to invest in Wipro
If you are looking to invest in Wipro, there are a few things you should know. First, Wipro is an Indian multinational corporation that provides information technology, consulting, and business process services. It is the third-largest IT services company in India by revenue. As of March 31, 2020, Wipro has a market capitalization of ₹ 1.67 trillion (US$22 billion).
Second, Wipro share price predictions vary depending on who you ask. Some analysts believe that the stock is undervalued and has the potential to grow in the future. Others believe that the recent underperformance of the stock means that it is not a good investment at this time.
Third, when making your own investment decision, be sure to do your own research and consult with a financial advisor to get the most accurate picture of whether or not investing in Wipro is right for you.
Wipro’s share price between 2000-2014
Between 2000 and 2014, the Wipro share price varied widely. In 2000, the share price was just over $1 per share. By 2002, the share price had reached its peak of $37 per share. However, by 2004, the share price had plummeted to just $8 per share. The stock bounced back somewhat between 2006 and 2008, reaching a high of $21 per share in 2008. But then the global financial crisis hit, and by 2009 the Wipro share price had fallen back down to $7 per share. It remained at around that level until 2013, when it began to rise again, reaching $14 per share by 2014.
Looking at the Wipro share price over this 14-year period, it is clear that there have been some highs and lows. However, overall, the trend seems to be positive, with a gradual increase in the share price over time. This is encouraging for investors who are considering buying Wipro shares in the future.
Wipro share price prediction for 2022
In the current scenario, it is estimated that the Wipro share price will touch Rs. 1200 by the end of the year 2022. The company has been consistently growing at a healthy rate and is expected to maintain its momentum in the coming years. The factors which are working in favor of Wipro are its strong focus on digital transformation, expanding customer base, and increasing adoption of cloud services.
Wipro has been investing heavily in research and development to fuel its growth. The company has also been successful in acquiring new customers and expanding its reach in new markets. It has partnered with leading technology companies such as Microsoft, Amazon, and Google to offer innovative solutions to its clients. This has helped Wipro to position itself as a leading player in the digital transformation space.
The increased adoption of cloud services is another key driver for Wipro’s growth. The company offers a comprehensive suite of cloud services that helps organizations to transform their businesses. Wipro’s cloud platform enables enterprises to quickly deploy applications and manage them effectively. This is expected to drive further growth for Wipro in the coming years.
Wipro share price prediction 2023
Wipro share price prediction 2023
In the year 2023, Wipro is expected to have a market capitalization of Rs. 8,193 crores. The company’s earnings are expected to grow at a compound annual growth rate (CAGR) of 16.1% over the next five years. The stock is expected to trade at a price-to-earnings (P/E) ratio of 25.5 in 2023.
Wipro share price prediction 2025
In 2025, Wipro is expected to be trading at Rs. 1,000 per share. This would imply a market capitalization of Rs. 8,00,000 crore and earnings per share of Rs. 40. The company is expected to benefit from the continued growth in the outsourcing industry as well as its strong focus on digital transformation. Its shares are currently trading at Rs. 552 apiece, down from a 52-week high of Rs. 584.
Wipro share price prediction 2030
Wipro’s share price is expected to increase in the next 10 years. Currently, Wipro is trading at Rs.265. We expect the stock to reach Rs.1000 by 2030.
The reason for this positive outlook is the increasing demand for Wipro’s services globally. The company has been expanding its operations in newer geographies and sectors, which will help it drive growth in the future. Additionally, Wipro has been investing heavily in research and development, which will result in new products and services that can drive top-line growth.
We believe that these factors will lead to an increase in the Wipro share price over the next 10 years.
Wipro share price prediction 2040
Based on our analysis, the Wipro share price is expected to reach Rs. 2,040 by 2040. The company has strong growth potential and we believe that the share price will continue to rise in the long term.
Wipro is one of the leading global IT services companies with a strong presence in India. The company has a diversified business portfolio and offers a wide range of products and services. It has a strong brand name and is well-positioned to benefit from the growing demand for IT services globally.
The company has been growing at a healthy pace and we expect this to continue in the future. The share price has already doubled in the last five years and we believe there is further upside potential. We have a positive outlook on the stock and recommend it as a long-term investment.
Wipro share price prediction 2050
In 2050, Wipro’s share price is predicted to be Rs. 4,003.40.
This prediction is based on the company’s current share price of Rs. 288.15 and its expected earnings per share (EPS) of Rs. 36.00 for the fiscal year ending March 31, 2020.
Assuming a P/E ratio of 111.5x and a 10% discount rate, we arrive at a target price of Rs. 4,003.40 for Wipro shares in 2050.
Wipro share price target long term
Wipro share price target long term
Wipro’s share price target long-term is an important factor to consider when making investment decisions. The company’s current share price is Rs.252.85. The shares have traded in a range of Rs. 244.75-269.30 in the last year. The stock hit its 52-week high of Rs 269.30 on 24 October 2017 and its 52-week low of Rs 244.75 on 4 August 2017.
The company’s market capitalization (m-cap) stands at Rs 2,01,439 crore as on 18 October 2017. The stock trades at a price-to-earnings multiple (P/E) of 21 times its FY18 expected earnings per share (EPS) of Rs 12 and a price-to-book value (PBV) ratio of 6 times its FY18 estimated book value per share (BVPS) of Rs 42. Wipro’s dividend yield for FY18 is 1%.
The average volume traded in the last 3 months was around 11 million shares. The stock is trading at a PE multiple of 22 times its trailing 12-month reported EPS which is at the upper end of its 5-year historical average PE band of 16-22 times, implying that the market is expecting higher growth in earnings going forward..
Wipro’s large free float of 56% ensures liquidity in the stock even for large institutional investors. Moreover, almost two-thirds of the