Wipro Limited is a prominent name in the IT services and consulting industry, celebrated for its innovative solutions and global footprint. With a rich history of notable achievements and strategic expansion, Wipro has solidified its position as a key leader in the sector. This article explores the journey of Wipro share price from 1990 to 2040. We will examine the trends, significant milestones, and the factors driving its growth, providing a detailed overview of its market performance over the decades.
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Introduction to Wipro Limited
Wipro Limited is a global leader in information technology, consulting, and business process services. Established in 1945 by M.H. Hasham Premji as a vegetable oil company in Amalner, Maharashtra, Wipro has evolved into a multinational powerhouse in the technology sector. Headquartered in Bangalore, India, the company operates across various countries, serving a diverse range of industries.
| Trade name | Wipro |
| Formerly | Western India Vegetable Products Limited (1945–1977) Wipro Products Limited (1977–1982) |
| Company type | Public |
| Traded as | BSE: 507685 NSE: WIPRO NYSE: WITNSE NIFTY 50 constituent |
| Industry/Services | Information technology Consulting Outsourcing |
| Founded | 29 December 1945; 78 years ago |
| Founder | M. H. Hasham Premji |
| Headquarters | Sarjapur Road, Bangalore, India |
| Area served | Worldwide |
| Key people | Rishad Premji (executive chairman) Srini Pallia (CEO) |
| Revenue | ₹89,760 crore (US$11 billion) (FY24) |
| Operating income | ₹13,609 crore (US$1.6 billion) (FY24) |
| Net income | ₹11,112 crore (US$1.3 billion) (FY24) |
| Total assets | ₹115,245 crore (US$14 billion) (FY24) |
| Total equity | ₹75,122 crore (US$9.0 billion) (FY24) |
| Owner | Azim Premji (73.85%) |
| Number of employees | 234,054 (March 2024) |
| Subsidiaries | Appirio Topcoder Capco Designit |
| Website | https://www.wipro.com/ |
Wipro Share Price Growth from 1993 to 2025
| Year | Price | YOY Chg% | High/Low |
| 1993 | ₹1.10 | – | ₹1.46 / ₹0.33 |
| 1994 | ₹1.10 | – | ₹1.46 / ₹0.60 |
| 1995 | ₹1.26 | 14.50% | ₹1.42 / ₹1.00 |
| 1996 | ₹1.00 | -21% | ₹1.71 / ₹0.88 |
| 1997 | ₹4.17 | 317% | ₹5.46 / ₹0.91 |
| 1998 | ₹16.16 | 287.50% | ₹18.02 / ₹4.02 |
| 1999 | ₹114.28 | 607.10% | ₹115 / ₹15.95 |
| 2000 | ₹105.74 | -7.50% | ₹430 / ₹64.77 |
| 2001 | ₹70.41 | -34% | ₹135 / ₹33.54 |
| 2002 | ₹71.65 | 1.70% | ₹83.04 / ₹46.71 |
| 2003 | ₹76.35 | 6.50% | ₹79.09 / ₹34.77 |
| 2004 | ₹98.60 | 29% | ₹102 / ₹52.73 |
| 2005 | ₹122.18 | 23.90% | ₹123 / ₹75.28 |
| 2006 | ₹159.38 | 30.40% | ₹161 / ₹100 |
| 2007 | ₹138.57 | -13.10% | ₹181 / ₹112 |
| 2008 | ₹61.57 | -55.60% | ₹141 / ₹47.90 |
| 2009 | ₹134.34 | 118.10% | ₹138 / ₹38.56 |
| 2010 | ₹161.56 | 20.20% | ₹164 / ₹105 |
| 2011 | ₹131.42 | -18.70% | ₹163 / ₹102 |
| 2012 | ₹129.96 | -1.20% | ₹149 / ₹107 |
| 2013 | ₹209.64 | 61.30% | ₹210 / ₹118 |
| 2014 | ₹207.68 | -1% | ₹233 / ₹178 |
| 2015 | ₹209.93 | 1% | ₹253 / ₹192 |
| 2016 | ₹177.75 | -15.40% | ₹227 / ₹153 |
| 2017 | ₹235.05 | 32.20% | ₹236 / ₹167 |
| 2018 | ₹247.69 | 5.30% | ₹258 / ₹190 |
| 2019 | ₹245.95 | -0.80% | ₹301 / ₹232 |
| 2020 | ₹386.25 | 57% | ₹390 / ₹159 |
| 2021 | ₹715.20 | 85.10% | ₹739 / ₹384 |
| 2022 | ₹392.80 | -45.10% | ₹726 / ₹372 |
| 2023 | ₹471.30 | 19.90% | ₹477 / ₹352 |
| 2024 (1:1 Bonus) | ₹305.05 (26-12-2024) | 22.66% | ₹583.20 / ₹309.55 |
Wipro Share Price From 1992 To 2000
Wipro, one of India’s leading IT powerhouses, began its inspiring journey in the early 1990s. In 1993, its stock price was a modest ₹1.10. Over the next several years, the company made remarkable progress in the IT sector, driving a significant increase in its stock value. By 2000, the price had surged to ₹105.74, marking the onset of a transformative era for Wipro.
Wipro Share Price From 2000 To 2010
The turn of the millennium heralded a period of substantial growth for Wipro. Starting at ₹105.74 in 2000, the company expanded its global footprint and diversified its offerings. By 2010, its stock price had risen to ₹161.56, reflecting Wipro’s strong performance and growing market presence. This decade solidified its standing as a dominant force in the IT industry, both in India and internationally.
Wipro Share Price From 2010 To 2020
Between 2010 and 2020, Wipro experienced a golden era fueled by technological advancements and surging demand for IT services. Starting the decade at ₹161.56, the stock price soared to ₹386.25 by 2020. Often referred to as the “boom years,” this period was defined by Wipro’s expansion into new markets, innovative service offerings, and a commitment to digital transformation, which reinforced its leadership in the global IT landscape.
Wipro Share Price From 2020 To 2025
From 2020 to 2025, Wipro continued to build on its legacy of success, navigating global challenges with resilience. The stock price climbed from ₹386.25 in 2020 to ₹305.05 in 2025, highlighting its adaptability and strategic focus in a rapidly changing industry. This sustained growth underscores Wipro’s status as a leader in the global IT services market and a testament to its innovative capabilities.
Wipro Share Price Target from 2025 To 2040 Forecast
| Year | Year High Target (₹) | Year Low Target (₹) | Year-End Target (₹) |
| 2024 | ₹583 | ₹436 | ₹577 |
| 2025 | ₹660 | ₹510 | ₹613 |
| 2026 | ₹759 | ₹590 | ₹705 |
| 2027 | ₹810 | ₹670 | ₹770 |
| 2028 | ₹913 | ₹720 | ₹875 |
| 2029 | ₹990 | ₹835 | ₹930 |
| 2030 | ₹1075 | ₹895 | ₹1,025 |
| 2035 | ₹1533 | ₹1180 | ₹1395 |
| 2040 | ₹2410 | ₹2034 | ₹2260 |
Technical Analysis for Wipro
Wipro Share Price Target For 2025
| Year | 1st Target | 2nd Target |
| 2025 | ₹ 625 | ₹ 660 |
Wipro is expected to show consistent growth in the coming years, with a target share price of ₹625 as the first level and ₹660 as the second level by 2025. This prediction is based on the company’s strong market position and efforts to expand its IT services portfolio.
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Wipro Share Price Target For 2026
| Year | 1st Target | 2nd Target |
| 2026 | ₹ 720 | ₹ 759 |
By 2026, Wipro’s share price could potentially reach ₹720 as the first target and ₹759 as the second target. The company’s strategic initiatives in cloud computing, AI, and digital transformation are likely to drive this growth.
Wipro Share Price Target For 2027
| Year | 1st Target | 2nd Target |
| 2027 | ₹ 775 | ₹ 810 |
In 2027, Wipro’s share price is projected to achieve a first target of ₹775 and a second target of ₹810. Continued investment in emerging technologies and a focus on global market expansion are key factors supporting this optimistic outlook.
Wipro Share Price Target For 2028
| Year | 1st Target | 2nd Target |
| 2028 | ₹ 880 | ₹ 913 |
By 2028, Wipro’s share price may touch ₹880 as the first target and ₹913 as the second target. The company’s commitment to innovation and client-centric solutions positions it well for sustained growth.
Wipro Share Price Target For 2029
| Year | 1st Target | 2nd Target |
| 2029 | ₹ 940 | ₹ 990 |
Looking ahead to 2029, Wipro’s share price is estimated to reach ₹940 as the first target and ₹990 as the second target. Its ability to maintain strong financial performance and adapt to industry trends is expected to contribute to this growth.
Wipro Share Price Target For 2030
| Year | 1st Target | 2nd Target |
| 2030 | ₹ 1030 | ₹ 1075 |
By 2030, Wipro’s share price is forecasted to hit ₹1030 as the first target and ₹1075 as the second target. The company’s efforts in building long-term client relationships and leveraging technology advancements are likely to drive its value higher.
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Wipro Share Price Target For 2035
| Year | 1st Target | 2nd Target |
| 2035 | ₹ 1460 | ₹ 1533 |
In the long term, by 2035, Wipro’s share price is expected to reach ₹1460 as the first target and ₹1533 as the second target. The company’s ability to stay competitive in the global IT services market is anticipated to be a key factor in achieving these milestones.
Wipro Share Price Target For 2040
| Year | 1st Target | 2nd Target |
| 2040 | ₹ 2290 | ₹ 2410 |
By 2040, Wipro’s share price could potentially reach ₹2290 as the first target and ₹2410 as the second target. The company’s strategic vision and continuous focus on innovation and sustainability are expected to solidify its position as a leading IT services provider globally.
Wipro Limited Peer comparison
| Sector: IT | Software Industry: Computers – Software – Large | ||||
| Name | P/E | Mar Cap ₹Cr. | NP Qtr ₹Cr. | Sales Qtr ₹Cr. | ROCE % |
| TCS | 31.15 | 1500022 | 11955 | 64259 | 64.28 |
| Infosys | 28.73 | 774190 | 6516 | 40986 | 39.99 |
| HCL Technologies | 29.98 | 504456 | 4237 | 28862 | 29.6 |
| Wipro | 25.25 | 296475 | 3226.6 | 22301.6 | 16.93 |
| LTIMindtree | 38.15 | 177551 | 1251.6 | 9432.9 | 31.17 |
| Tech Mahindra | 50.45 | 165111 | 1257.5 | 13313.2 | 11.88 |
| Persistent Sys | 72.23 | 89049 | 325 | 2897.15 | 29.17 |
Wipro Limited Stock Split and Bones From 1990 To 2025
| Announcement Date | Bonus Ratio | Record Date | Ex-Bonus Date |
| 17-10-2024 | 1:1 Bonus | 25-11-2024 | 03-12-2024 |
| 18-01-2019 | 1:3 Bonus | 07-03-2019 | 06-03-2019 |
| 25-04-2017 | 1:1 Bonus | 14-06-2017 | 13-06-2017 |
| 23-04-2010 | 2:3 Bonus | 16-06-2010 | 15-06-2010 |
| 22-04-2005 | 1:1 Bonus | 23-08-2005 | 22-08-2005 |
| 16-04-2004 | 2:1 Bonus | 28-06-2004 | 25-06-2004 |
| 30-04-1999 | Stock Split to FV ₹2 | 24-09-1999 | 27-09-1999 |
| 13-09-1997 | 2:1 Bonus | 17-11-1997 | 20-10-1997 |
| 01-02-1995 | 1:1 Bonus | 30-11–0001 | 24-02-1995 |
| 30-07-1992 | 1:1 Bonus | 10-09-1992 | 12-08-1992 |
| 30-10-1990 | Stock Split to FV ₹10 | 30-03-1991 | 02-04-1991 |
Wipro Limited Dividend History
Wipro Limited Dividend History From 2010 To 2025
| Announcement Date | Ex-Date | Dividend Type | Dividend (%) | Dividend (Rs) |
| 12-01-2024 | 24-01-2024 | Interim | 50 | 1 |
| 13-01-2023 | 24-01-2023 | Interim | 50 | 1 |
| 25-03-2022 | 05-04-2022 | Interim | 250 | 5 |
| 12-01-2022 | 21-01-2022 | Interim | 50 | 1 |
| 13-01-2021 | 22-01-2021 | Interim | 50 | 1 |
| 14-01-2020 | 24-01-2020 | Interim | 50 | 1 |
| 18-01-2019 | 29-01-2019 | Interim | 50 | 1 |
| 11-01-2018 | 31-01-2018 | Interim | 50 | 1 |
| 10-01-2017 | 02-02-2017 | Interim | 100 | 2 |
| 20-04-2016 | 11-07-2016 | Final | 50 | 1 |
| 06-01-2016 | 25-01-2016 | Interim | 250 | 5 |
| 21-04-2015 | 20-07-2015 | Final | 350 | 7 |
| 07-01-2015 | 22-01-2015 | Interim | 250 | 5 |
| 17-04-2014 | 21-07-2014 | Final | 250 | 5 |
| 13-01-2014 | 22-01-2014 | Interim | 150 | 3 |
| 19-04-2013 | 27-06-2013 | Final | 250 | 5 |
| 15-01-2013 | 23-01-2013 | Interim | 100 | 2 |
| 25-04-2012 | 28-06-2012 | Final | 200 | 4 |
| 10-01-2012 | 24-01-2012 | Interim | 100 | 2 |
| 27-04-2011 | 29-06-2011 | Final | 200 | 4 |
| 17-01-2011 | 27-01-2011 | Interim | 100 | 2 |
Wipro Limited Dividend History From 2000 To 2010
| Announcement Date | Ex-Date | Dividend Type | Dividend (%) | Dividend (₹) |
| 23-04-2010 | 15-06-2010 | Final | 300 | 6 |
| 22-04-2009 | 29-06-2009 | Final | 200 | 4 |
| 21-04-2008 | 27-06-2008 | Final | 200 | 4 |
| 10-10-2007 | 25-10-2007 | Interim | 100 | 2 |
| 20-04-2007 | 28-06-2007 | Final | 50 | 1 |
| 14-03-2007 | 26-03-2007 | Interim | 250 | 5 |
| 19-04-2006 | 29-06-2006 | Final | 250 | 5 |
| 22-04-2005 | 29-06-2005 | Final | 250 | 5 |
| 16-04-2004 | 06-05-2004 | Final | 1450 | 29 |
| 17-04-2003 | 01-07-2003 | Final | 50 | 1 |
| 19-04-2002 | 28-06-2002 | Final | 50 | 1 |
| 20-04-2001 | 18-06-2001 | Final | 25 | 0.5 |
Wipro Limited Dividend History From 1992 To 2000
| Announcement Date | Ex-Date | Dividend Type | Dividend (%) | Dividend (₹) |
| 26-04-2000 | 08-05-2000 | Interim | 15 | 0.3 |
| 25-05-1999 | 05-07-1999 | Final | 15 | 1.5 |
| 26-05-1998 | 01-06-1998 | Final | 15 | 1.5 |
| 05-08-1997 | 25-08-1997 | Final | 25 | 2.5 |
| 19-07-1996 | 23-08-1996 | Final | 25 | 2.5 |
| 18-07-1995 | 28-08-1995 | Final | 25 | 2.5 |
| 07-07-1994 | 15-08-1994 | Final | 25 | 2.5 |
| 10-07-1993 | 02-09-1993 | Final | 25 | 2.5 |
| 02-07-1992 | 21-08-1992 | Final | 25 | 2.5 |
Wipro Limited Fundamentals
| Metric | Value |
| Market Cap | ₹3,19,533 Cr |
| P/E Ratio (TTM) | 27.21 |
| P/B Ratio | 3.93 |
| Industry P/E | 33.67 |
| Debt to Equity | 0.24 |
| ROE | 14.43% |
| EPS (TTM) | 11.22 |
| Dividend Yield | 0.16% |
| 52 Week High | ₹320 |
| 52 Week Low | ₹208.50 |
| Book Value | 77.74 |
| Face Value | 2 |
Wipro Limited Shareholding Pattern
| Dec 2023 | Mar 2024 | Jun 2024 | Sep 2024 | |
| Promoters | 72.90% | 72.89% | 72.82% | 72.80% |
| FIIs | 6.70% | 6.96% | 7.12% | 7.27% |
| DIIs | 8.13% | 8.28% | 8.25% | 8.71% |
| Public | 12.16% | 11.76% | 11.68% | 11.10% |
| Others | 0.13% | 0.11% | 0.11% | 0.11% |
Wipro Limited Financial Result
| All In ₹Cr. | Mar 2022 | Mar 2023 | Mar 2024 | TTM |
| Sales | 79,312 | 90,488 | 89,760 | 88,679 |
| Expenses | 62,628 | 73,649 | 73,008 | 71,247 |
| Operating Profit | 16,684 | 16,839 | 16,752 | 17,432 |
| OPM % | 21% | 19% | 19% | 20% |
| Other Income | 2,067 | 2,275 | 2,631 | 2,943 |
| Interest | 532 | 1,008 | 1,255 | 1,329 |
| Depreciation | 3,078 | 3,340 | 3,407 | 3,332 |
| Profit before tax | 15,141 | 14,766 | 14,721 | 15,714 |
| Tax % | 19% | 23% | 25% | |
| Net Profit | 12,243 | 11,366 | 11,112 | 11,822 |
| EPS in Rs | 22.31 | 20.68 | 21.14 | 22.45 |
FAQs
Q.1. What was the Wipro Share Price in 1993?
Ans: The Wipro share price in 2015 was ₹1.10.
Q.2. What was the Wipro Share Price in 1997?
Ans: The Wipro share price in 2015 was ₹4.17.
Q.3. What was the Wipro Share Price in 2000?
Ans: The Wipro share price in 2000 was ₹105.74.
Q.4. What was the Wipro Share Price in 2010?
Ans: The Wipro share price in 2010 was ₹161.56.
Q.5. What is the Wipro Share Price Target for 2025?
Ans: For 2025, Wipro’s share price is expected to reach ₹625 as the first target and ₹660 as the second target. This reflects the company’s ongoing growth strategy and market performance.
Q.6. What is the Wipro Share Price Target for 2030?
Ans: In 2030, Wipro’s share price is projected to hit ₹1030 as the first target and ₹1075 as the second target. This forecast takes into account the company’s continued focus on innovation and strategic growth.
Q.7. What is the Wipro Share Price Target for 2035?
Ans: For 2035, Wipro’s share price could potentially reach ₹1460 as the first target and ₹1533 as the second target, as the company strengthens its position in the global IT services market.
Q.8. What is the Wipro Share Price Target for 2040?
Ans: Looking ahead to 2040, Wipro’s share price may reach ₹2290 as the first target and ₹2410 as the second target, driven by its commitment to technology advancements and a strong global presence.
Q.9. What was the Wipro share price in 2015?
Ans: The Wipro share price in 2015 was ₹209.93.
Q.10. What was the Wipro share price in 2020?
Ans: The Wipro share price in 2020 was ₹386.25.
Original Information source: https://www.wipro.com/
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