WIPRO Share Price, Analysis & Fundamentals

Wipro's Q1 revenue grew YoY, but mixed profitability and low trading volume coincide with sector-wide pressure and a bearish market trend.

Market sentiment is bearish with a trend alignment score of -3, despite a bullish MACD signal, due to price trading below the 50-day moving average and low trading volume.
Company revenue shows positive QoQ and YoY growth, but profitability metrics are mixed with a QoQ decrease in net profit.
Analysts hold a mixed view, with a significant portion rating 'Hold' or 'Sell', and a slight increase in 'Sell' ratings over the past month.
Promoter ownership remains high, while institutional holding decreased QoQ due to a reduction in DII stakes, despite an increase by FIIs.
Recent events include the announcement of Q1 FY2026-27 earnings, board meetings to approve results and interim dividends, and the filing of auditor's reports.
Recent news highlights include broad market downturns and reports on investor activity, which are identified as sector/index context rather than direct company-specific catalysts.

The market is experiencing a bearish trend alignment with a score of -3.
Momentum indicators are mixed, with a bullish MACD signal but a negative ROC of -2.38.
The RSI is at 45.52, indicating a neutral to slightly oversold condition.
Volume signals suggest low trading activity, with the volume percentile at 9.524.
The price is trading below the 50-day moving average, indicating a bearish short-to-medium term outlook.

The market is showing signs of a bearish trend, with the price trading below key moving averages and a negative trend alignment score. Momentum is mixed, with a bullish MACD but a weak ROC. Volume is significantly below average, suggesting a lack of conviction from traders. The RSI is in neutral territory, not indicating strong buying or selling pressure. Valuation metrics show that both P/E and P/B ratios are below their 6-month averages, which could be interpreted as a sign of undervaluation or a reflection of the bearish market sentiment.

Revenue for Jun 2026 quarter was ₹24,479 Cr.
Quarter-over-Quarter (QoQ) revenue increased by 1.003%, while net profit decreased by -4.713%.
Year-over-Year (YoY) revenue grew by 10.59%, and net profit saw a marginal increase of 0.6%.
Profit before tax saw a QoQ decrease of -7.155% and a YoY increase of 1.785%.

The company announced its Q1 FY2026-27 earnings, including the release of an earnings call transcript and a press conference recording. Additionally, newspaper publications were made under LODR regulations, and auditor's reports for the financial statements ending June 30, 2026, were filed. The Board of Directors met to consider and approve the financial results and a potential interim dividend.