Wipro Limited

Wipro Limited (WIPRO) is a large-cap Information Technology company valued at ₹1.83 lakh crore operating in Computers - Software & Consulting on the NSE and BSE.

Recent price move

Wipro Limited last traded at ₹184.4, sharply up 5.95% on the day.

Recent developments

2026-10-16: Wipro reported stronger-than-expected quarterly revenue, which helped push its stock price higher, though concerns about deal wins remained. 2026-10-16: The company's Q2 results showed revenue growth, and its AI business strategy received positive attention. 2026-10-16: Wipro's stock rose after its Q2 results beat expectations, with the stock reaching ₹180.76, its highest level since September 1.

Financial performance

The company's annual revenue rose 4.0% to ₹92,624 crore, while annual net profit grew 0.4% to ₹13,266 crore. The latest quarter saw revenue rise 9.1% year-on-year to ₹24,753 crore, but net profit fell 1.9% to ₹3,200 crore, reflecting weaker profit growth compared to revenue.

Valuation multiples

The stock trades at 14.6 times earnings, a discount to the Information Technology median of 20.7, 1.87 times book value. It yields 1.2%.

Things to watch

The company's net profit margin narrowed by 0.5 percentage points to 14.3%, and the latest quarter's net profit declined 1.9% year-on-year. The stock is 32.5% below its 52-week high, and the recent quarterly profit decline may raise concerns about profitability.

Where it stands

Wipro's latest quarter revenue rose 9.1% year-on-year, but net profit fell 1.9% to ₹3,200 crore. The stock is 32.5% below its 52-week high, and the net profit margin has narrowed to 14.3%.

Summarised by DocStoX's model on 2026-10-17 from company filings, exchange data and news. This is a factual summary, not a rating or a recommendation. Informational only, not investment advice. Consult a SEBI-registered adviser before investing.