Wipro shares recover 40% from October lows, is the upside capped?
Wipro share price today: Wipro shares rose over 1% to a high of Rs 527.90. Market cap of Wipro climbed to Rs 2.75 lakh crore on BSE.
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Wipro share price today: Wipro shares rose over 1% to a high of Rs 527.90. Market cap of Wipro climbed to Rs 2.75 lakh crore on BSE.
Wipro shares have declined 11% from their 52 week high of Rs 443.60 hit on September 15 this year. The IT stock hit an all-time high of Rs 726.70 on January 3, 2022.
Wipro share price today: Wipro stock hit an all-time high of Rs 726.70 on January 3, 2022. Wipro shares closed on a flat note at Rs 382.05 in the previous session, falling 47.42% from record high during the period.
Wipro share price target: Nuvama Institutional Equities said Wipro shares should underperform peers, primarily due to its intriguingly low correlation between deal-wins and top line growth.
Wipro share price today: Wipro stock, which is the cheapest among the IT biggies in terms of price, is slowly heading towards its 52-week low hit on October 17, 2022.