Wipro stock trades 1.09 percent above its 52-week low
Published on 09/28/2026 at 09:41 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWS
Wipro (ISIN INE075A01022) stock was trading at INR 162.73 on the NSE on September 28, 2026, 1.09 percent above its 52-week low of INR 160.97. Simply Wall St reported on September 26 that its fair value estimate fell from INR 150 to INR 140.
Target cut meets margin pressure
The revised valuation gives the stock a clear counterpoint to Wipro's operating figures. In Q1 FY27, IT services revenue reached USD 2.6 billion, down 1.20 percent quarter over quarter in constant currency, while adjusted EBIT margin stood at 16.00 percent.
According to DSIJ in its July 16, 2026 results update, rupee revenue increased 10.60 percent year over year and adjusted EBIT rose 9.70 percent. The same update said adjusted PAT increased 0.60 percent year over year, showing that revenue growth has not yet translated into comparable profit momentum.
Guidance keeps growth debate open
Wipro's 2Q FY27 constant-currency revenue guidance was minus 1.50 percent to plus 0.50 percent quarter over quarter, equivalent to USD 2.574 billion to USD 2.627 billion, according to DSIJ. That range puts execution and margin recovery ahead of headline revenue as the next tests for the company.
Investing.com lists October 15, 2026 as Wipro's next earnings date. The upcoming report will show whether the 16.00 percent Q1 margin can move toward management's stated 17.00 percent to 17.50 percent aspiration, or whether wage costs, AI investment and deal ramp-up continue to weigh on profitability.
Wipro stock stays near yearly low
Wipro stock stood at INR 162.73 on the NSE at 1:10 p.m. IST on September 28, 2026, down 0.79 percent from the prior close of INR 164.02. The session range was INR 160.97 to INR 164.45, with volume of 6,868,061 shares and market capitalization of INR 1.6 trillion.
Wipro stock snapshot
- Company: Wipro Limited
- ISIN: INE075A01022
- Ticker: WIPRO
- Trading venue: National Stock Exchange of India
- Price (as of September 28, 2026, 1:10 p.m. IST): INR 162.73
- Market capitalization: INR 1.6 trillion (as of September 28, 2026)
- 52-week range: INR 160.97-INR 273.10 (as of September 28, 2026)
- Sector / Industry: Information Technology / Computers - Software & Consulting
- Index membership: NIFTY 50
- Next earnings date: October 15, 2026
