Authored by : Anubhav Maurya Updated Jul 2, 2024 | 10:07 PM IST Photo : Shutterstock.com Wipro shares climbed by almost 8% in a week.
(Image: Shutterstock/ET NOW News)Wipro Share Price Target 2024 : Wipro shares climbed by almost 8% in a week.
On the BSE, the stock traded between a day high of Rs 545 and an intraday low of Rs 528.90.
Wipro Share Price Target 2024Brokerage firm, Prabhudas Lilladher Pvt.
Wipro Q4 2024 ResultsWipro's consolidated net profit fell 8% year on year (YoY) to Rs 2,835 crore in the March quarter of 2024.
Authored by : Anubhav Maurya Updated Jul 2, 2024 | 10:07 PM IST Photo : Shutterstock.com Wipro shares climbed by almost 8% in a week. (Image: Shutterstock/ET NOW News)
Wipro Share Price Target 2024 : Wipro shares climbed by almost 8% in a week. On July 2, 2024, the IT giant shares began to rise on the BSE, reaching Rs 530. On the BSE, the stock traded between a day high of Rs 545 and an intraday low of Rs 528.90. The IT giant's shares finished at Rs 538.10 on the BSE, up 2.06 percent from the previous close of Rs 527.25.
Wipro Share Price Target 2024
Brokerage firm, Prabhudas Lilladher Pvt. Ltd. suggests a BUY rating for the shares of Wipro. The stock has recovered after falling from its all-time high of 739 and has found good support at 460. It's about to cross above 550, which may result in more gains. The stock has a strong chance of growing due to rising trading volume and a rising RSI, which indicates strength. The firm advises purchasing Wipro with a long-term stop loss at 440 and target levels of 735 and 850.
Wipro Q4 2024 Results
Wipro's consolidated net profit fell 8% year on year (YoY) to Rs 2,835 crore in the March quarter of 2024. The previous year's quarter saw a total of Rs 3,074 crore. Revenue from operations in the reporting period fell 4% year on year to Rs 22,208 crore, compared to Rs 23,190 crore in the same period previous year.
Wipro Share Price History
Wipro is constituent of BSE S&P 100. According to BSE data, Wipro stock went up by 11.82 percent in the previous three months, 14.70 percent in the last six months, and 38.31 percent in the last year. Wipro's shares were quoted at a 52-week high of Rs 546.10 on the BSE on February 2, 2024, and a 52-week low of Rs 375 on October 26, 2023.
Wipro has a market capitalization of Rs 2,81,435.14 crore on the BSE S&P 100 index.
Wipro Q1 Results 2025 Date and Time
The IT giant Wipro, has announced the bourses that the company's Board of Directors will meet on Wednesday and Thursday, July 18 and 19, 2024 to evaluate and approve unaudited standalone and consolidated financial statements for the quarter ending June 30, 2024. Companies normally release their earnings reports after market hours, which is at 3.15 p.m.
(Disclaimer: The above article is meant for informational purposes only, and should not be considered as any investment advice. ET NOW DIGITAL suggests its readers/audience to consult their financial advisors before making any money related decisions.)
