WIPRO Share Price, Analysis & Fundamentals

Wipro shows strong volume conviction and positive momentum despite a neutral trend and mixed analyst sentiment, with buyback news on the horizon.

Wipro's stock shows mixed signals with positive short-term returns and bullish momentum (RSI 53.79, bullish MACD), but a neutral trend regime indicated by its position relative to 50-day and 200-day moving averages.
The company reported sequential growth in revenue (up 2.887%) and profit (up 11.987%) for the latest quarter, though year-over-year profit saw a slight decrease of 1.839%.
Analysts remain predominantly cautious, with the majority rating the stock as 'Hold' (46.34%), a distribution that has been stable over the past month.
Promoters maintain a significant 72.62% stake, while institutional investors, particularly FIIs, increased their holdings by 2.05% quarter-over-quarter.
Upcoming board meetings on April 16, 2026, will focus on approving financial results and considering a share buyback proposal, with a trading window closure from March 16 to April 18, 2026.
Recent news highlights include discussions around the Wipro buyback, potential weak future growth despite a $3.5 billion order book, and a downgrade to 'Sell' by some analysts due to weak technicals and flat financials.

The stock has shown positive short-term returns, with a 1-day return of 1.25% and a 5-day return of 1.005%.
The trend regime is neutral, indicated by a negative distance from the 50-day and 200-day moving averages (-1.56% and -12.60% respectively) and a neutral trend alignment score of -1.
Momentum is positive, with an RSI of 53.79 and a bullish MACD signal.
Volatility is moderate, with the price positioned at 72.86% of the Bollinger Band width, and an annualized volatility of 28.81%.
The stock is trading 24.84% below its 52-week high and 9.28% above its 52-week low, with a current drawdown of -24.84%. The volume percentile is 80.16%, suggesting strong conviction.

The stock exhibits a neutral trend, evidenced by its position relative to key moving averages and a neutral trend alignment score. However, momentum is positive, supported by a bullish MACD and an RSI above 50. Volatility is within a moderate range, with the price occupying the upper half of the Bollinger Bands. Structurally, the stock is recovering from a drawdown and trading significantly below its 52-week high but above its 52-week low. Strong volume conviction, as indicated by the volume percentile, suggests potential for further price movement.

The company reported a revenue of ₹24,236 Cr in the latest quarter.
Quarter-over-quarter, revenue increased by 2.887%, net profit by 11.987%, and EPS by 12.458%.
Year-over-year, revenue saw a growth of 7.696%, while net profit decreased by -1.839% and EPS by -2.053%.
Profitability metrics show mixed trends with positive QoQ changes but negative YoY changes.

Wipro Ltd announced that its Board of Directors will meet on April 16, 2026, to approve the financial results for the quarter and year ended March 31, 2026, under both Indian Accounting Standards (Ind AS) and International Financial Reporting Standards (IFRS). Additionally, the board will consider a proposal for a buyback of equity shares. The trading window for Wipro securities will be closed from March 16, 2026, to April 18, 2026.