Wipro Ltd
WIPRO

506.85

Open ()
Turnover (lac)
Prev. Close ()
Day's Vol.(shares)

506.55

Open ()
Turnover (lac)
Prev. Close ()
Day's Vol.(shares)

509.00

Open ()
Open Interest
(Contracts)
VWAP ()
Day's Vol
(shares)
Detailed Quote

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Reduce
Reco. Price
Rs 500.00
We recommend REDUCE on the stock on account of pressure on revenue and deteriorating EBITDA margin. The weakness in top accounts and higher wage increase are the key headwinds. The stock is trading at PE of 15.3x FY17E compared to peers. (Target Price – Rs. 474)
Detailed View
50 DMA (.)
482.15
100 DMA (.)
470.84
200 DMA (.)
494.30
Weekly Range (.)
492.00
514.00
Monthly Range (.)
483.35
514.00
52 Weeks Range (.)
408.10
607.00
Detailed Chart