Wipro Ltd
WIPRO

483.70

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

483.40

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

484.20

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

View

Reduce
Reco. Price
Rs 490.00

Last updated on 26-Aug-2016

We recommend reduce rating on the stock on account of pressure on revenue and deteriorating margin. The weakness in top accounts and higher wage increase are the key headwinds. The stock is trading at expensive PE of 15.1x FY17E compared to TechM and HCL Tech. (Target Price – Rs. 480) & .. More
50 DMA (.)
515.66
100 DMA (.)
532.46
200 DMA (.)
541.80
Weekly Range (.)
476.10
485.20
Monthly Range (.)
470.20
496.00
52 Weeks Range (.)
470.20
613.30
Detailed Chart