Overall Fundamental outlook

Business Operations:

Sector: Technology
Industry: Information Technology Services

Wipro Limited operates as an information technology (IT), consulting, and business process services company worldwide. It operates through IT Services and IT Products segments. The IT Services segment offers IT and IT-enabled services, including digital strategy advisory, customer-centric design, technology and IT consulting, custom application design, development, re-engineering and maintenance, systems integration, package implementation, cloud and infrastructure, business process, cloud, mobility and analytics, research and development, and hardware and software design services to enterprises. It serves customers in various industry sectors, such as communications, retail connectivity and services, consumer goods, healthcare, technology products and platforms, banking and financial services, energy, manufacturing and resources, capital markets and insurance, and hi-tech. The IT Products segment provides a range of third-party IT products comprising enterprise platforms, networking solutions, software and data storage products, contact center infrastructure, enterprise security, IT optimization technologies, video solutions, and end-user computing solutions. It serves enterprises in various industries primarily in the Indian market, which comprise the government, defense, IT and IT-enabled services, telecommunications, manufacturing, utilities, education, and financial services sectors. The company was incorporated in 1945 and is based in Bengaluru, India.

Revenue projections:

Revenue projections for WIPRO
Revenue projections for WIPRO

With WIPRO's revenues expected to fall below the previous year's, investors are likely to approach the stock with caution. Declining revenues can negatively affect profitability, which makes it harder for the company to maintain investor confidence and perform well in the market.

Financial Ratios:

currentRatio 2.717000
forwardPE 19.768261
debtToEquity 23.124000
earningsGrowth 0.251000
revenueGrowth 0.013000
grossMargins 0.306530
operatingMargins 0.172890
trailingEps 12.530000
forwardEps 25.280000

WIPRO's current ratio, being 2.717, means the company is well-positioned to meet its short-term debt obligations. This reflects WIPRO's strong liquidity, as its cash reserves and current assets provide more than enough coverage for its immediate liabilities.
WIPRO's Forward PE being in a good range indicates that the stock is valued appropriately based on its earnings. This suggests the stock is not overpriced and leaves room for growth, providing investors with an opportunity for potential appreciation in value.
Wipro Limited's low Debt-to-Equity ratio reflects that the company isn't heavily reliant on debt, reducing financial risk. This conservative approach suggests Wipro Limited maintains a stable financial foundation, with greater flexibility to manage future growth or challenges without over-leverage concerns.
WIPRO's forward EPS surpassing its trailing EPS signals projected growth in profitability, with the company expected to perform better this year. This forecast suggests that WIPRO's earnings will improve compared to the previous financial year, highlighting optimism in its financial outlook.

Price projections:

Price projections for WIPRO
Price projections for WIPRO

Over time, analysts have gradually revised WIPRO's price projections downward. This suggests growing concerns about the company's ability to meet previous expectations, pointing to a more conservative outlook.

Insider Transactions:

Insider Transactions for WIPRO
Insider Transactions for WIPRO


Recent trading of WIPRO stock saw 2 sales, with market price at 377.48500061035156 per share.No sell transactions were carried out during the period under review.Investors have shown more interest in buying than selling WIPRO at current price levels, which may point to a positive market sentiment. This could indicate that investors are expecting favorable results from the stock in the near future.

Recommendation changes over time:

Recommendations trend for WIPRO
Recommendations trend for WIPRO


The recent sell bias from analysts toward WIPRO suggests investors should exercise caution. Instead of acting on this bias alone, it's important to evaluate a broader range of market indicators to make more balanced and informed decisions regarding the stock's future prospects.