WIPRO

Current Price: ~₹176 per share 52-Week Range: ₹169 – ₹273 Market Capitalisation: ~₹1.84 lakh crore P/E Ratio: ~14x earnings, which is lower than most large IT peers. What is happening with Wipro? The stock has corrected sharply and is trading nearly 35% below its 52-week high. Investor concerns are mainly due to: Slow revenue growth. Weak demand from US banking and financial clients. Delayed conversion of large deals into revenues. AI disruption concerns in the traditional IT services business. Positives ✅ Attractive valuation compared to other large IT companies. ✅ Strong balance sheet and healthy cash position. ✅ ₹15,000 crore buyback at ₹250 indicates management's confidence in long-term value. ✅ Good dividend-paying history.