Valuation and Analyst Ratings
A recent valuation report flags Wipro’s valuation as attractive with reasonable P/B and PEG ratios and a 4%+ dividend yield — underpinning a Buy view from some observers.
Other analyst consensus models show a “Hold” recommendation for ***** with an average 12-month target near ~₹259, but with a wide range from ₹202 to ₹325.
Some valuation estimates suggest Wipro’s fair price (relative valuation) could be much higher (₹310 – ₹450), implying potential long-term upside based on P/E multiple expansion.
Fundamental performance
Revenue and profit growth have been modest lately, with Q3 showing revenue up 6% YoY but a net profit decline.
Earnings momentum and growth forecasts have been trimmed by analysts after the latest results.