Wipro’s stock has been gaining momentum in anticipation of its bonus share announcement. As of November 29, 2024, the stock closed at ₹579 per share, marking a year-to-date increase of around 20%. While this growth is impressive, it slightly trails the NIFTY IT index, which has climbed over 21% in the same timeframe.
In this article, we will give complete information about when you should buy shares, sell them, and for how long you should hold them. Here you will know the Wipro Share Price Target from 2024, 2025, 2026, 2027, 2028, 2029, and 2030. Know complete information.
Wipro Bonus Shares Record Date Latest News
Wipro Limited, one of India’s top IT companies, is preparing to issue bonus shares for the 14th time in its history. The bonus shares will be issued in a 1:1 ratio, giving shareholders one extra share for each share they own. The record date is set for December 3, 2024, meaning investors must hold Wipro shares by the close of trading on December 2 to qualify.
This move continues Wipro’s tradition of rewarding shareholders. Over the years, the company has significantly boosted investor returns, turning an initial 100-share investment in 1971 into an impressive 682,667 shares today. With the upcoming bonus issue, shareholders are eager to see how their portfolios will grow further.
Wipro Share Price Target from 2024, 2025, 2026, 2027, 2028, 2029, and 2030
| Year | 1st Targets (₹) | 2nd targets (₹) |
| 2024 | ₹484.89 | ₹585.45 |
| 2025 | ₹596.45 | ₹605.60 |
| 2026 | ₹684.33 | ₹701.35 |
| 2027 | ₹767.30 | ₹812.00 |
| 2028 | ₹840.45 | ₹896.55 |
| 2029 | ₹930.90 | ₹967.34 |
| 2030 | ₹1002.87 | ₹1050.25 |
Wipro Share Price Summary
Wipro’s stock opened at ₹582.45 today, with the share price reaching a high of ₹585.55 and a low of ₹578.20 during the trading session. The company boasts a market capitalization of ₹3.08 lakh crore, reflecting its significant presence in the market.
Key financial metrics include a price-to-earnings (P/E) ratio of 26.10, indicating its valuation relative to earnings, and a dividend yield of 0.17%, which shows the returns shareholders receive as dividends. Wipro’s ESG performance is notable, with a CDP score of A-, reflecting its commitment to sustainability.
Over the past year, the stock has recorded a 52-week high of ₹596.00 and a 52-week low of ₹402.10, showcasing its range of movement in the market.
Wipro Shareholding Pattern
| Summary | 2024 |
|---|---|
| Promoter | 72.8% |
| FII | 7.27% |
| DII | 8.71% |
| Public | 8.89% |
Disclaimer:
Dear readers, We are not SEBI-authorized, and the information here is for educational purposes only—not financial advice or stock recommendations. Share forecasts are for reference and depend on positive market conditions. We do not take responsibility for financial losses based on this information. Always research before making investment decisions.
