Wipro Ltd. Share Price

HCL Technologies invests ₹500 crore in Lucknow.

HCL Technologies Limited

marks 10 years of its IT City in Lucknow and commits ₹500 crore for expansion. HCL Technologies celebrated a decade of its Lucknow IT City with CM Yogi Adityanath. It will invest ₹500 crore to expand the facility. The firm also plans to train 1,000 students in AI through its LITMUS program. The move strengthens its presence in Uttar Pradesh and builds local talent. The key triggers are the ₹500 crore outlay and the plan to train 1,000 students. This could support steady growth for HCL. Market leaders such as TCS, Infosys and Wipro may face pressure to match regional expansion and talent efforts. Their prices could see mild positive moves if the sector shows similar investment news. Risks include execution delays or weaker IT demand. We have no financial interest in this news.

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fundamental picture is mixed but with some positive catalyst

Wipro, the latest fundamental picture is mixed but with some positive catalysts: the biggest near-term positive is the broader IT-sector sentiment improving after Accenture reported 7% revenue growth and gave a relatively supportive FY27 outlook, which could improve sentiment toward Wipro as well. Wipro has also completed the acquisition of select customer contracts of Alpha Net Consulting on October 1, which should add to its client portfolio and revenue opportunity. On the technology side, Wipro continues to strengthen its AI and cybersecurity positioning through partnerships with Google Cloud, CrowdStrike, Aramco and SAP, while its Q1 FY27 large-deal bookings increased 12.9% QoQ to $1.626 billion, a positive sign for future revenue conversion. However, the major concern remains weak organic growth: Q1 IT-services revenue declined 1.2% QoQ in constant currency, operating margin fell to 16%, and analysts currently expect another sequential revenue decline for Q2 FY27, with Nuvama forecasting around 1% QoQ CC decline. Another important stock-specific development is that Wipro exited the Nifty 50 as BSE entered the index, which can create some passive-fund selling pressure, although the fundamental impact on the business itself is limited. Overall, AI-led demand, large deal wins, acquisitions and improving global IT sentiment are positives, but weak organic growth, pricing pressure and cautious client spending remain key risks; therefore, sustained improvement in revenue growth and margins will be the main trigger for a stronger re-rating in Wipro.

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Wipro completes Alpha Net customer contracts acquisition

Wipro completed its acquisition of select customer contracts from Alpha Net Consulting LLC on October 1, 2026, closing the deal ahead of its original December 31, 2026 deadline. The transaction, reported earlier at around 70.8 million dollars, covers specific customer contracts rather than the full business, and is aimed at strengthening Wipro's AI application services capability. The company said there were no changes to the financial terms disclosed earlier, and finishing three months ahead of schedule suggests the integration and regulatory steps went smoothly on both sides. Wipro shares closed at Rs 159.35 on October 1, up 0.53% on the day, with the stock trading in a wide 52-week range of Rs 156.79 to Rs 273.10. Market cap stands near Rs 1,57,650 crore. The stock is sitting close to its 52-week low, nowhere near the kind of levels that would suggest the market has priced in much from this specific deal. A sub-100 million dollar contract acquisition is unlikely to move a company of Wipro's size on its own, this is a bolt-on capability addition rather than a scale deal, and the muted 0.53% price move on the day confirms that. What matters more here is the direction it signals, Wipro adding AI application services capacity through inorganic contract wins rather than only organic hiring, which is a trend worth tracking across the next few quarters rather than reacting to in a single session. With the stock trading near its 52-week low, the bigger question for anyone watching this name is less about this one deal and more about whether the broader IT services demand environment stabilises from here. Disclosure: Palash Kag, Proprietor, Sarathi Research, SEBI Reg. No. INH000012740. No position held in Wipro Limited as on date. Views are educational and informational only, not financial advice or a recommendation to buy, sell or hold any security.

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US ADRs में जबरदस्त उछाल! Infosys +5.5%, Wipro +6.7% AND....

US ADRs में जबरदस्त उछाल! Infosys +5.5%,

+6.7%, HDFC Bank +2.7% — Accenture के Results ने Indian IT को दिया बड़ा Signal! Indian stocks के लिए आज का सबसे interesting overnight trigger US-listed Indian ADRs से आया है. Infosys, Wipro और HDFC Bank ADRs में strong buying देखने को मिली, जबकि global IT major Accenture ने शानदार quarterly results के बाद करीब 16% की छलांग लगाई। सवाल है: क्या इसका असर आज Indian IT Stocks में भी देखने को मिलेगा? ----> 🇺🇸 ADR Market में क्या हुआ? Latest U.S. session में: Infosys ADR: +5.48% Wipro ADR: +6.67% HDFC Bank ADR: +2.73% Infosys ADR करीब $11.35 और Wipro ADR करीब $1.76 पर बंद हुआ, जबकि HDFC Bank ADR करीब $22.95 पर रहा. इस तरह Indian ADRs में overnight move आज domestic market के लिए एक important sentiment indicator बन गया है. ---->Accenture ने मचाया धमाल! इस पूरे move का सबसे बड़ा trigger रहा: Accenture Q4 Results Accenture ने fiscal Q4 में: • Revenue: $18.68 billion • Revenue growth: 6% YoY in USD • New Bookings: $22.17 billion • Book-to-Bill: 1.2 रिपोर्ट किया. Revenue company की guidance range के upper end से भी ऊपर रहा. Accenture Stock में कितनी तेजी? Strong results के बाद Accenture shares करीब: ---> +15.78% बढ़कर लगभग $212.30 पर बंद हुए. ---->AI को लेकर भी बड़ा Signal पिछले कुछ महीनों से market में एक बड़ा सवाल था: क्या AI traditional IT services की demand को नुकसान पहुंचाएगा? Accenture के मजबूत results और bookings यह संकेत देते हैं कि AI spending केवल traditional IT को replace करने की कहानी नहीं है. AI itself एक बड़ा technology spending opportunity भी बन रहा है. ---->Bottom Line Accenture ने सिर्फ अपना result नहीं दिया — उसने global IT spending पर एक important signal दिया है.

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Wipro Q1 PAT flat YoY; margins crumble 120bp

***** BODY: Q1 FY27 (ended 30 Jun 2026): Revenue $2,614.5M (+1.0% YoY, -1.4% QoQ in rupee terms); PAT Rs 33.6Cr (up 0.6% YoY, -4.7% QoQ); EPS Rs 3.20 (up 0.6% YoY, -4.2% QoQ). IT Services operating margin 16.0%, down 1.2pp YoY and 1.3pp QoQ. Large deal bookings accelerated 12.9% QoQ to $1,626M, signaling pipeline strength, but revenue conversion remains sluggish. Margin compression is the red flag. Q4 FY26 margin was 17.3%; Q1 at 16.0% marks a 130bp slide in two quarters. Sequential PAT fell despite flat revenue, proving cost inflation outpaces pricing. Attrition at 13.8% (TTM) is dragging bench utilization and salary costs. Rupee depreciation masked underlying growth; guidance pegged Q1 at $2,597–$2,651M; actual $2,614.5M landed mid-range. Stock: Rs 156.22 (01 Oct), down 35.2% YoY and 13.0% past month. Exited Nifty 50 on 30 Sep. P/E 12.21 looks cheap, but dividend yield 5.87% is the sole comfort. 52-week range Rs 154–Rs 271 shows severe re-rating risk. Hold awaiting attrition stabilization and cost control evidence. Q2 FY27 (Oct 15) is the critical read. Rs 2 interim dividend cushions downside; not a fresh entry until margin recovery plan emerges. Rs 150Cr buyback at Rs 250/share pending approval—accretive only if EBITDA holds. Vijay Gupta Advisory (SEBI RA INH000020226) — This is data and analysis, not a recommendation. See disclosures at *****

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PRE MARKET REPORT--> FII/ NIFTY/ BANKNIFTY/ CRUDE AND MORE..

FII Selling Crosses ₹10,000 Cr, But Nifty Defends 22,500! Can IT ADR Strength Support a Recovery Today? Indian markets enter today's session with a mixed setup. The biggest concern remains persistent FII selling, with foreign investors selling more than ₹10,000 crore in the cash market. However, there are some positives. Nifty and Bank Nifty have shown buying interest from lower levels, crude oil remains stable although elevated, and select Indian ADRs gained strongly overnight. --->US Markets: Mixed Close, Nasdaq Holds Up Wall Street ended Wednesday with a mixed session. • Dow Jones: -0.86% • S&P 500: -0.25% • Nasdaq Composite: +0.24% --->IT Stocks Could Get Support From ADRs One of the more encouraging overnight signals came from Indian ADRs.

WIPRO COFORGE PERSISTENT ---->Crude Oil: Stable, But Still at Elevated Levels Crude remains one of the biggest risks for Indian markets. Brent crude settled around $103.50, while WTI closed around $90.42 after rising during Wednesday's session. ---->FII / DII Activity — ₹ Crores Segment FII DII Cash Market -₹10,148.41 Cr +₹11,271.73 Cr Index Futures -₹2,291.70 Cr — Index Options -₹3,884.52 Cr — Stock Futures -₹314.65 Cr — Stock Options -₹146.99 Cr — FII Selling Remains the Biggest Risk FIIs sold a massive ₹10,148 crore in the cash market. This means foreign selling pressure has clearly not disappeared. --->Nifty: Yesterday's Support Still Matter 22,500 → KEY SUPPORT Bank Nifty: 54,000 Remains the Key Level Bank Nifty also showed buying interest from lower levels in the previous session. 54,000 → KEY SUPPORT ---->KEY LEVELS FOR TODAY NIFTY 22,500 → Major Support 22,750–22,900 → Recovery Zone 23,000 → Major Resistance BANK NIFTY 54,000 → Major Support 54,500–54,750 → Recovery Zone 55,000 → Major Resistance

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