Currently, the analyst consensus on Wipro Limited is a Hold with an average price target of INR179.00.
Based on Wipro Limited’s latest earnings release for the quarter ending June 30, the company reported a quarterly revenue of INR244.79 billion and a net profit of INR33.52 billion. In comparison, last year the company earned a revenue of INR221.35 billion and had a net profit of INR33.3 billion
Based on the recent corporate insider activity of 384 insiders, corporate insider sentiment is negative on the stock. This means that over the past quarter there has been an increase of insiders selling their shares of WIPRO in relation to earlier this year.
