WIPRO Share Price, Analysis & Fundamentals

Wipro shares weakened significantly on the buyback ex-record date, overshadowing positive quarterly earnings and signaling a bearish technical trend despite high trading volume.

Wipro shares experienced a notable decline of up to 8% following the ex-record date for its substantial ₹15,000 crore buyback program, despite a generally positive market sentiment.
The company's recent financial results show a positive quarter-over-quarter growth in revenue (2.89%), net profit (11.99%), and EPS (12.46%), indicating short-term operational improvements.
However, on a year-over-year basis, Wipro's net profit and EPS have seen a decrease of 1.84% and 2.05% respectively, suggesting challenges in sustained profitability growth.
Analyst sentiment remains largely neutral to bearish, with a significant portion of analysts recommending a 'Hold' (47.5%) or 'Sell' (35.0%) rating, while only a small fraction suggest 'Strong Buy'.
The stock's technical indicators present a mixed picture: while a bullish MACD crossover has occurred, the RSI at 46.58 suggests neutral momentum, and the price remains below its 50-day and 200-day moving averages, indicating a bearish trend alignment.
Despite a significant drawdown of 27.27% from its 52-week high, the stock exhibits high trading interest, with its 6-month volume percentile at 90.48%, suggesting active investor participation.

The stock experienced a short-term decline, with 1-day and 5-day returns at -2.90% and -2.86% respectively.
The trend alignment is bearish with a score of -3, and the price is trading below its 50-day and 200-day moving averages.
Momentum indicators show a bullish MACD crossover, but the RSI is at 46.58, suggesting a neutral to slightly bearish momentum.
Volatility is moderate, with the price positioned at 47.87% of the Bollinger Band width, and a 20-day annualized volatility of 25.81%.
The stock is trading 27.27% below its 52-week high and 5.74% above its 52-week low, with a current drawdown of -27.27%. The volume percentile over 6 months is high at 90.48%, indicating strong trading interest.

The market behaviour indicates a bearish trend, evidenced by the negative trend alignment score and the price being below key moving averages. Despite a bullish MACD crossover, the RSI suggests a lack of strong upward momentum. Volatility remains within a moderate range, and the stock is positioned significantly below its 52-week high, reflecting a substantial drawdown. However, high volume percentiles suggest considerable trading activity and interest.

The company reported revenue of ₹24,236 Cr in the latest quarter (Mar 2026).
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 like net profit and EPS experienced a year-over-year decline, despite a quarter-over-quarter increase.

Wipro has made several recent announcements including filing its FY26 Form 20-F with the SEC, completing an additional 20% stake acquisition in Aggne Global Inc., and appointing B S R & Co. LLP as its statutory auditor for five years. The company also announced plans to acquire a further 20% in Aggne Global Inc. for USD 28.5 million.