Wipro Share Price : By 3:30 PM on Friday, June 27, 2025, the Indian stock market showed a positive trend. The BSE Sensex rose by 321.04 points to reach 84,076.91, while the NSE Nifty traded higher by 92.30 points at 25,641.30.
During this period, the Nifty Bank Index climbed 226.85 points to 57,433.55, whereas the IT Index fell by 199.80 points, closing at 38,796.45. The Smallcap Index also gained 0.52%.
Investor Optimism
Shares of Wipro Limited, a leading company in the IT sector, traded down 1.18% at ₹265.40 on the day. The stock opened at ₹269 in the morning and within the day touched a low of ₹264.50 and a high of ₹270. Wipro’s 52-week high is ₹324.60, and its 52-week low is ₹228. The current price is 18.24% below its highest level and 16.4% above its lowest level.
Trading Volume and Technical Indicators
Wipro’s average 30-day trading volume is approximately 9.14 million shares. The company’s market capitalization stands at ₹2,78,478 crore, and it is trading at a price-to-earnings (P/E) ratio of 21.3. The company has debt of about ₹19,204 crore.
From a technical analysis perspective, Wipro’s stock is trading above its 5-, 20-, and 50-day moving averages but below its 100- and 200-day moving averages. Over the past two days, the stock has declined by 1.05%, resulting in a one-day return of -0.64%.
By the end of the March quarter, Foreign Institutional Investors’ (FII) stake had increased from 6.96% to 8.35%. Meanwhile, open interest reached 34,769 contracts, with a trading volume of 13,297 contracts, signaling significant market activity.
Brokerage Targets and Ratings
Nomura has assigned a BUY rating on Wipro with a target price of ₹340, indicating a potential upside of 28.11% from the current price.
Macquarie has set a target of ₹330 and given an OUTPERFORM rating.
Morgan Stanley has given an UNDERWEIGHT rating with a target price of ₹250.
Citi has issued a SELL rating with a target of ₹280.
Long-Term Performance Overview
The stock has delivered a 5.84% return over the past year.
On a year-to-date basis, Wipro has declined by 10.45%.
Over three years, the stock has gained 27.82%.
Over five years, investors have enjoyed a strong return of 141.45%.
Potential for Momentum Despite Current Pressure
Although Wipro shares are currently under slight pressure, brokerage firms remain confident about its future prospects. Many analysts view it as a strong long-term opportunity. If the company’s results and sector trends remain favorable, this stock could soon move toward its target levels.
Disclaimer: This article is just for information. It should not be treated as investment advice in any way. Investing in the stock market is based on risk. Be sure to consult your financial advisor before investing in the stock market.
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