Wipro Limited is a leading global information technology, consulting, and business process services company headquartered in Bengaluru, India. Founded in 1945, it has evolved from a vegetable oil manufacturer into a top-tier IT services provider with operations in over 60 countries. Wipro serves Fortune 500 clients across banking, healthcare, retail, and manufacturing, offering cloud, cybersecurity, AI, and digital transformation solutions. After years of restructuring under CEO Thierry Delaporte (until mid-2024) and now led by interim leadership, the company has stabilized its performance and returned to consistent profit growth. As of January 2026, it trades at a reasonable valuation with strong return ratios and a high promoter holding. This article provides a data-driven outlook on the Wipro share price target 2026–2030.
Wipro: Company Overview
- Founded: 1945
- Interim CEO: Mr. Sandeep Kumar (as of Jan 2026)
- NSE Symbol: WIPRO
- Core Business Segments:
- IT Services (85%) – Cloud, AI, Cybersecurity, Digital
- Global Infrastructure Services (10%)
- Other (5%) – Strategic investments, product engineering
- Market Position: Among India’s top 5 IT exporters; part of Nifty 50 and BSE Sensex
Wipro benefits from a diversified client base, low attrition (~12%), and a strong balance sheet. It is also expanding its presence in generative AI and sustainability consulting.
Wipro: Key Financial Snapshot
| Metric | Value |
|---|---|
| Current Share Price | ₹267 |
| Market Capitalization | ₹2,80,270 Cr |
| No. of Shares Outstanding | 1,048.72 Cr |
| 52-Week High / Low | ₹325 / ₹225 |
| P/E Ratio (TTM) | 23.39 |
| P/B Ratio | 4.17 |
| EPS (TTM) | ₹11.43 |
| Book Value (TTM) | ₹64.15 |
| ROE | 18.09% |
| ROCE | 23.55% |
| Dividend Yield | 2.25% |
| Face Value | ₹2 |
| Cash | ₹4,307.40 Cr |
| Debt | ₹6,050 Cr |
| Promoter Holding | 72.63% |
| Sales Growth (YoY) | 0.75% |
| Profit Growth (YoY) | 18.36% |
Wipro Share Price Target Forecast (2026–2030)
| Year | Target Price Range (₹) |
|---|---|
| 2026 | ₹280 – ₹310 |
| 2027 | ₹295 – ₹335 |
| 2028 | ₹310 – ₹365 |
| 2029 | ₹325 – ₹400 |
| 2030 | ₹340 – ₹440 |
Wipro Share Price Target 2026
| Year | Share Price Target 1 | Share Price Target 2 |
|---|---|---|
| 2026 | ₹280 | ₹310 |
Wipro reported 18.36% YoY profit growth in FY2025 despite modest sales growth (0.75%), driven by cost optimization and improved margins. With ROCE of 23.55% and a ROE of 18.09%, the company demonstrates capital efficiency. Trading at a P/E of 23.39x—slightly below Infosys (25x) and TCS (25x)—the stock appears fairly valued. A 2026 target range of ₹280–₹310 assumes stable deal wins and no major leadership disruptions.
Wipro Share Price Target 2027
| Year | Share Price Target 1 | Share Price Target 2 |
|---|---|---|
| 2027 | ₹295 | ₹335 |
If Wipro sustains 12–15% earnings growth and benefits from AI-led service expansion, EPS could reach ₹12.50–₹13.50 by FY27. Assuming a P/E of 23–24x, the 2027 target range of ₹295–₹335 is justified.
Wipro Share Price Target 2028
| Year | Share Price Target 1 | Share Price Target 2 |
|---|---|---|
| 2028 | ₹310 | ₹365 |
By 2028, benefits from generative AI adoption and strategic partnerships should reflect in margins. A P/E of 24–25x on projected EPS of ₹13–₹14 supports the ₹310–₹365 band.
Wipro Share Price Target 2029
| Year | Share Price Target 1 | Share Price Target 2 |
|---|---|---|
| 2029 | ₹325 | ₹400 |
Long-term tailwinds include global digital spending and nearshoring trends. If competition doesn’t erode pricing, EPS could reach ₹14–₹15 by FY29. At a P/E of 24–26x, the 2029 target is ₹325–₹400.
Wipro Share Price Target 2030
| Year | Share Price Target 1 | Share Price Target 2 |
|---|---|---|
| 2030 | ₹340 | ₹440 |
Over a five-year horizon, Wipro’s appeal lies in stability + dividend yield—not explosive growth. If ROE holds above 18% and dividends grow consistently, investor confidence will strengthen. A terminal P/E of 25–27x on FY30 EPS (~₹14–₹16) justifies the ₹340–₹440 range.
Wipro: Shareholding Pattern
| Category | Holding (%) |
|---|---|
| Promoters | 72.63% |
| Public & Retail | 8.49% |
| Domestic Institutional Investors (DII) | 8.38% |
| Foreign Institutional Investors (FII) | 8.22% |
High promoter holding ensures strategic continuity. Institutional ownership (16.6%) reflects steady but limited analyst coverage.
Wipro: Strengths vs Risks
Strengths:
- Exceptional ROCE (23.55%) and ROE (18.09%)
- Strong cash position (₹4,307 Cr) and manageable debt
- Consistent dividend payer (2.25% yield)
- Low client concentration and high renewal rates
Risks:
- Near-zero sales growth (0.75%) raises scalability concerns
- Leadership transition may impact execution
- Intense competition from TCS, Infosys, and Accenture
- Contingent liabilities of ₹12,450 Cr require monitoring
Investment Suitability
| Factor | Assessment |
|---|---|
| Risk Profile | Moderate |
| Ideal Time Horizon | 5+ years |
| Volatility | Lower than market average |
| Dividend/Income Potential | Good (2.25% yield + consistent payouts) |
| Best For | Conservative investors seeking IT exposure with income |
FAQs
Is it good to buy Wipro now?
Yes—for long-term, income-focused investors. At a P/E of 23.4x and ROE of 18%, it offers reasonable value relative to peers. Avoid if seeking high growth or tech disruption exposure.
What is the target price for Wipro?
The Wipro share price target for 2026 is ₹280 – ₹310.
What is the 10-year return on Wipro?
Wipro delivered a CAGR of ~10% over the past 10 years (2016–2026), underperforming Nifty IT (~14%) due to leadership and execution challenges.
What is the bonus date of Wipro?
Wipro last announced a 1:3 bonus issue in 2019 (ex-date: July 10, 2019). No bonus has been announced since. The company now focuses on dividends and buybacks instead of bonuses.
Final Verdict
Wipro remains a stable, cash-generative IT company with strong governance and shareholder returns. While not a high-growth story, it offers reliable compounding with downside protection from dividends and balance sheet strength.
Our Wipro share price target 2026–2030 (₹280 to ₹440) reflects steady earnings recovery, moderate multiple expansion, and sustained investor confidence. Upside is capped by growth constraints; downside is cushioned by yield and ROCE.
Disclaimer: Price targets are estimates based on publicly available data and sector analysis. They are not investment advice. Consult a SEBI-registered advisor before making decisions.
Sources
- Screener.in – Wipro Consolidated Page (FY2025 + TTM)
- Groww.in – Wipro Stock Profile
- Finology Ticker – WIPRO Financials & Analysis
- Wipro Investor Presentation (Q3 FY26, Jan 2026)
- NASSCOM – IT Industry Outlook 2025
