Is Wipro Limited Stock a Good Investment?

Wipro Limited Investment Advice

  WIT
To provide specific investment advice or recommendations on Wipro Limited ADR stock, we recommend investors consider the following general factors when evaluating Wipro Limited ADR. This will help you to make an informed decision on whether to include Wipro Limited in one of your diversified portfolios:
  • Examine Wipro Limited's financial health by looking at its balance sheet, income statement, and cash flow statement. Analyze key financial ratios, such as Price-to-Earnings (P/E), Price-to-Sales (P/S), and Price-to-Book (P/B), to determine whether the stock is fairly valued or over/undervalued.
  • Research Wipro Limited's leadership team and their track record. Good management can help Wipro Limited navigate difficult times and make strategic decisions that benefit shareholders and increases its net worth.
  • Consider the overall health of the IT Consulting & Other Services space and any emerging trends that could impact Wipro Limited's business and its evolving consumer preferences.
  • Compare Wipro Limited's performance and market position to its competitors. Analyze how Wipro Limited is positioned in terms of product offerings, innovation, and market share.
  • Check if Wipro Limited pays a dividend and its dividend yield and payout ratio.
  • Review what financial analysts are saying about Wipro Limited's stock and their price targets. However, remember that analysts' opinions can vary, and their predictions may not always be accurate.
It's important to note that investing in Wipro Limited ADR stock, carries risks, and you should carefully consider your investment goals and risk tolerance before making any investment decisions. Also, remember that it's important for investors to have a long-term perspective and a well-diversified portfolio to manage the impact of stock market volatility on their investments. Below is a detailed guide on how to decide if Wipro Limited ADR is a good investment.
 
Sell
 
Buy
Strong Buy
We provide recommendation to complement the prevalent expert consensus on Wipro Limited ADR. Our dynamic recommendation engine utilizes a multidimensional algorithm to analyze the firm's potential to grow using all technical and fundamental data available at the time. To make sure Wipro Limited ADR is not overpriced, please check out all Wipro Limited ADR fundamentals, including its book value per share, and the relationship between the net income and beta . Given that Wipro Limited ADR has a price to book of 3.40 X, we strongly advise you to confirm Wipro Limited ADR market performance and probability of bankruptcy to ensure the company can sustain itself in the current economic cycle given your prevalent risk tolerance and investing horizon.

Market Performance

Very WeakDetails

Volatility

Somewhat reliableDetails

Hype Condition

StaleDetails

Current Valuation

OvervaluedDetails

Odds Of Distress

Very SmallDetails

Economic Sensitivity

Almost mirrors the marketDetails

Investor Sentiment

ImpartialDetails

Analyst Consensus

SellDetails

Financial Strenth (F Score)

StrongDetails

Financial Leverage

InapplicableDetails

Reporting Quality (M-Score)

Unlikely ManipulatorDetails

Examine Wipro Limited Stock

Researching Wipro Limited's stock involves analyzing various aspects of the company and its industry to make an informed investment decision. The key areas to focus on are fundamentals, business model and competitive advantage. It is also important to analyze trends in revenue, net income, and cash flow, as well as key financial ratios, such as price-to-earnings (P/E), price-to-sales (P/S), and debt-to-equity (D/E). The book value of the company was at this time reported as 143.59. The company has Price/Earnings To Growth (PEG) ratio of 1.35. Wipro Limited ADR last dividend was issued on the 23rd of January 2024. The entity had 2:1 split on the 22nd of June 2017.
To determine if Wipro Limited is a good investment, evaluating the company's potential for future growth is also very important. This may include expanding into new markets, launching new products or services, or improving operational efficiency. Companies with strong growth prospects can be more attractive investments. This aspect of the research should be conducted in the context of the overall market and industry in which the company operates and should include an analysis of growth potential, competitive landscape, and any regulatory or economic factors that could impact the business. Some of the essential points regarding Wipro Limited's research are outlined below:
Wipro Limited ADR generated a negative expected return over the last 90 days
Wipro Limited ADR is unlikely to experience financial distress in the next 2 years
Wipro Limited ADR has a strong financial position based on the latest SEC filings
Latest headline from finance.yahoo.com: Wipro to Implement Independent Healths Medicare Prescription Payment Plan Platform

Wipro Limited Quarterly Long Term Debt

61.97 Billion

Wipro Limited uses earnings reports to provide investors with an update of all three financial statements, including the income statement, the balance sheet, and the cash flow statement. Therefore, it is also crucial when considering investing in Wipro Limited ADR. Every quarterly earnings report provides investors with an overview of sales, expenses, and net income for the most recent period. It also may provide a comparison to Wipro Limited's previous reporting period. The quarterly earnings reports are usually disseminated to the public via Form 10-Q, which is a legal document filed with the Securities and Exchange Commission every quarter.
25th of April 2024
Upcoming Quarterly Report
View
11th of July 2024
Next Financial Report
View
31st of March 2024
Next Fiscal Quarter End
View
25th of April 2024
Next Fiscal Year End
View
31st of December 2023
Last Quarter Report
View
31st of March 2023
Last Financial Announcement
View
Earnings surprises can significantly impact Wipro Limited's stock price both in the short term and over time. Negative earnings surprises usually result in a price decline. However, it has been seen that positive earnings surprises lead to an immediate rise in a stock's price and a gradual increase over time. This is why we often hear news about some companies beating earning projections. Financial analysts spend a large amount of time predicting earnings per share (EPS) along with other important future indicators. Many analysts use forecasting models, management guidance, and additional fundamental information to derive an EPS estimate. Below are the table of largest EPS Surprises Wipro Limited's investors have experienced.
Reported
Fiscal Date
Estimated EPS
Reported EPS
Surprise
2024-04-19
2024-03-310.070.06-0.0114 
2024-02-20
2023-12-310.070.06-0.0114 
2023-10-18
2023-09-300.070.06-0.0114 
2023-07-13
2023-06-300.070.06-0.0114 
2022-10-12
2022-09-300.070.06-0.0114 
2022-07-20
2022-06-300.070.06-0.0114 
2022-04-29
2022-03-310.080.07-0.0112 
2022-01-12
2021-12-310.080.07-0.0112 

Wipro Limited Target Price Consensus

We track the performance of the top 100 financial experts across various large and mid-size financial boutiques. Wipro target price is determined by taking all analyst projections and averaging them out. There is no one specific way to measure analysts' performance other than comparing it to past results via a very sophisticated attribution analysis. Wipro Limited's target price projections below should be used in combination with other traditional price prediction techniques such as stock price forecasting, investor sentiment analysis, technical analysis, earnings estimate, and various momentum models.
   9  Sell
Most Wipro analysts issue ratings four times a year, at intervals of three months. Ratings are usually accompanied by a target price to help potential investors understand Wipro stock's fair price compared to its market value. Analysts arrive at stock ratings after researching the public financial statements of Wipro Limited ADR, talking to its executives and customers, or listening to those companies' conference calls.
Macroaxis Advice   Exposure   Valuation

Wipro Limited Target Price Projection

Wipro Limited's current and average target prices are 5.40 and 4.27, respectively. The current price of Wipro Limited is the price at which Wipro Limited ADR is currently trading. On the other hand, Wipro Limited's target price is what analysts think the stock is worth or could sell for in the future. The more significant the discrepancy between the two prices, the more it stimulates investors to act.

Current Price

Wipro Limited Market Quote on 5th of May 2024

Low Price5.37Odds
High Price5.43Odds

5.4

Target Price

Analyst Consensus On Wipro Limited Target Price

Low Estimate3.89Odds
High Estimate4.74Odds

4.27

Historical Lowest Forecast  3.89 Target Price  4.27 Highest Forecast  4.74
Note that most analysts generally publish their price targets in research reports on specific companies, along with recommendations for the company's stock.Although price targets are often quoted in the financial news media, there could be a delay between the publication of the latest analyst outlook on Wipro Limited ADR and the information provided on this page.

Wipro Limited Analyst Ratings

Wipro Limited's analyst stock recommendations are determined by taking an average estimate of all analysts we track and classifying them as Strong Buy, Buy, Hold, Strong Sell, or Sell. Ratings generally communicate what analysts sense about Wipro Limited stock, and they use a lot of effort and time to analyze it and arrive at a rating. That suggests that analyst recommendations are the outcome of an objective and thorough examination of Wipro Limited's financials, market performance, and future outlook by experienced professionals. Wipro Limited's historical ratings below, therefore, can serve as a valuable tool for investors.

Know Wipro Limited's Top Institutional Investors

Have you ever been surprised when a price of an equity instrument such as Wipro Limited is soaring high without any particular reason? This is usually happening because many institutional investors are aggressively trading Wipro Limited ADR backward and forwards among themselves. Wipro Limited's institutional investor refers to the entity that pools money to purchase Wipro Limited's securities or originate loans. Institutional investors include commercial and private banks, credit unions, insurance companies, pension funds, hedge funds, endowments, and mutual funds. Operating companies that invest excess capital in these types of assets may also be included in the term and may influence corporate governance by exercising voting rights in their investments.
Shares
Rhumbline Advisers2023-12-31
2.1 M
Millennium Management Llc2023-12-31
M
Wellington Management Company Llp2023-12-31
1.9 M
First Trust Advisors L.p.2023-12-31
1.4 M
Arrowstreet Capital Limited Partnership2023-12-31
1.4 M
Bank Of America Corp2023-12-31
1.2 M
Connor Clark & Lunn Inv Mgmt Ltd2023-12-31
878.4 K
Citigroup Inc2023-12-31
778.2 K
Aqr Capital Management Llc2023-12-31
714.1 K
Blackrock Inc2023-12-31
29.5 M
Vanguard Group Inc2023-12-31
12.5 M
Note, although Wipro Limited's institutional investors appear to be way more sophisticated than retail investors, it remains unclear if professional active investment managers can reliably enhance risk-adjusted returns by an amount that exceeds fees and expenses.

Wipro Limited's market capitalization trends

The company currently falls under 'Large-Cap' category with a total capitalization of 28.6 B. Market capitalization usually refers to the total value of a company's stock within the entire market. To calculate Wipro Limited's market, we take the total number of its shares issued and multiply it by Wipro Limited's current market price. To manage market risk and economic uncertainty, many investors today build portfolios that are diversified across equities with different market capitalizations. However, as a general rule, conservative investors tend to hold large-cap stocks, and those looking for more risk prefer small-cap and mid-cap equities.

Market Cap

2.63 Trillion

Wipro Limited's profitablity analysis

Wipro Limited's profitability indicators refer to fundamental financial ratios that showcase Wipro Limited's ability to generate income relative to its revenue or operating costs. If, let's say, Wipro Limited is currently losing money, the management's focus should be on how to reverse that trend. However, when revenue exceeds expenses, Wipro Limited's executives or investors may be in less hurry to break that information down - which is where profitability analysis comes into play. Gaining a greater understanding of Wipro Limited's profitability requires more research than a typical breakdown of Wipro Limited's financial statements. By doing a profitability analysis, companies can identify areas needing attention, and investors can make a profitable trade.
Last ReportedProjected for Next Year
Return On Tangible Assets 0.14  0.20 
Return On Capital Employed 0.15  0.26 
Return On Assets 0.1  0.17 
Return On Equity 0.15  0.25 
The company has Net Profit Margin of 0.12 %, which implies that it may need a different competitive strategy as even a very small decline in it revenue may erase profits and result in a net loss. This is way below average. In the same way, it shows Net Operating Margin of 0.16 %, which entails that for every 100 dollars of revenue, it generated $0.16 of operating income.
Determining Wipro Limited's profitability involves analyzing its financial statements and using various financial metrics to determine if Wipro Limited is a good buy. For example, gross profit margin measures Wipro Limited's profitability after accounting for the cost of goods sold, while net profit margin measures profitability after accounting for all expenses. Other important metrics include return on assets, return on equity, and free cash flow. By reviewing multiple sources and metrics, you can gain a complete picture of Wipro Limited's profitability and make more informed investment decisions.
The data published in Wipro Limited's official financial statements usually reflect Wipro Limited's business processes, product offerings, services, and other fundamental events. But there are other numbers, ratios, or fundamental indicators derived from these statements that are easier to understand and visualize within the underlying realities that drive quantitative information of Wipro Limited ADR. For example, before you start analyzing numbers published by Wipro accountants, it's critical to develop an understanding of what Wipro Limited's liquidity, profitability, and earnings quality are in the context of the IT Services space in which it operates.
Please note, the presentation of Wipro Limited's financial position, as portrayed in its financial statements, is often influenced by management's estimates, judgments, and sometimes even manipulations. In the best case, Wipro Limited's management is honest, while the outside auditors are strict and uncompromising. Whatever the case, the imprecision that can be found in Wipro Limited's accounting process means that the reasonable investor should take a skeptical approach toward the financial statement analysis of Wipro Limited ADR. Please utilize our Beneish M Score to check the likelihood of Wipro Limited's management manipulating its earnings.

Evaluate Wipro Limited's management efficiency

Wipro Limited ADR has Return on Asset of 0.0729 % which means that on every $100 spent on assets, it made $0.0729 of profit. This is way below average. In the same way, it shows a return on shareholders' equity (ROE) of 0.145 %, implying that it generated $0.145 on every 100 dollars invested. Wipro Limited's management efficiency ratios could be used to measure how well Wipro Limited manages its routine affairs as well as how well it operates its assets and liabilities. Return On Tangible Assets is likely to gain to 0.20 in 2024. Return On Capital Employed is likely to gain to 0.26 in 2024. At this time, Wipro Limited's Liabilities And Stockholders Equity is comparatively stable compared to the past year. Non Current Liabilities Total is likely to gain to about 156.2 B in 2024, whereas Total Current Liabilities is likely to drop slightly above 141.9 B in 2024.
Last ReportedProjected for Next Year
Book Value Per Share 141.35  148.42 
Net Current Asset Value 0.00  0.00 
Tangible Asset Value 0.00  0.00 
Tangible Book Value Per Share 75.87  79.66 
Enterprise Value Over EBITDA 15.81  27.31 
Price Book Value Ratio 3.34  3.17 
Enterprise Value Multiple 15.81  27.31 
Price Fair Value 3.34  3.17 
Enterprise Value2.6 T2.7 T
The analysis of Wipro Limited's management efficiency is an essential part of evaluating and assessing the financial and operational performance of the entity. It is also vital to analyze Wipro Limited's future growth prospects and the overall market conditions to determine the value and potential of its stock. The analysis involves studying a range of financial metrics such as revenue, earnings, profit margins, cash flow, debt, market share, and external factors such as economic trends, industry outlook, competition, and government regulations. The goal of Wipro Stock analysis is to determine whether it is undervalued, fairly valued, or overvalued and to make informed investment decisions.
Dividend Yield
0.0022
Forward Dividend Yield
0.0022
Forward Dividend Rate
0.01
Beta
0.699

Basic technical analysis of Wipro Stock

As of the 5th of May, Wipro Limited maintains the Market Risk Adjusted Performance of (0.06), standard deviation of 1.58, and Mean Deviation of 1.17. Relative to fundamental indicators, the technical analysis model lets you check existing technical drivers of Wipro Limited ADR, as well as the relationship between them. Specifically, you can use this information to find out if the company will indeed mirror its model of past data patterns, or the prices will eventually revert. We were able to collect and analyze data for thirteen technical drivers for Wipro Limited ADR, which can be compared to its peers. Please check out Wipro Limited ADR risk adjusted performance, information ratio, as well as the relationship between the Information Ratio and kurtosis to decide if Wipro Limited ADR is priced fairly, providing market reflects its latest price of 5.4 per share. Given that Wipro Limited ADR has information ratio of (0.09), we strongly advise you to confirm Wipro Limited ADR's prevalent market performance to make sure the company can sustain itself at a future point.

Understand Wipro Limited's technical and predictive indicators

Using predictive indicators to make investment decisions involves analyzing Wipro Limited's various financial and market-based factors to help forecast future trends and identify investment opportunities. Select the indicators that are most relevant to your investment strategy. Each indicator has its own strengths and weaknesses, so it's essential to combine multiple indicators to get a more comprehensive view of the market and reduce the risk of making poor decisions based on limited data.

Consider Wipro Limited's intraday indicators

Wipro Limited intraday indicators are useful technical analysis tools used by many experienced traders. Just like the conventional technical analysis, daily indicators help intraday investors to analyze the price movement with the timing of Wipro Limited stock daily movement. By combining multiple daily indicators into a single trading strategy, you can limit your risk while still earning strong returns on your managed positions.

Wipro Limited Corporate Filings

6K
30th of April 2024
A report filed by foreign private issuers with SEC. A foreign private issuer is a non-U.S. company with securities traded on U.S. exchanges.
ViewVerify
13A
6th of February 2024
An amended filing to the original Schedule 13G
ViewVerify
17th of July 2023
Other Reports
ViewVerify
Wipro Limited time-series forecasting models is one of many Wipro Limited's stock analysis techniques aimed to predict future share value based on previously observed values. Time-series forecasting models ae widely used for non-stationary data. Non-stationary data are called the data whose statistical properties e.g. the mean and standard deviation are not constant over time but instead, these metrics vary over time. These non-stationary Wipro Limited's historical data is usually called time-series. Some empirical experimentation suggests that the statistical forecasting models outperform the models based exclusively on fundamental analysis to predict the direction of the market movement and maximize returns from investment trading.

Wipro Stock media impact

Far too much social signal, news, headlines, and media speculation about Wipro Limited that are available to investors today. That information is available publicly through Wipro media outlets and privately through word of mouth or via Wipro internal channels. However, regardless of the origin, that massive amount of Wipro data is challenging to quantify into actionable patterns, especially for investors that are not very sophisticated with ever-evolving tools and techniques used in the investment management field.
A primary focus of Wipro Limited news analysis is to determine if its current price reflects all relevant headlines and social signals impacting the current market conditions. A news analyst typically looks at the history of Wipro Limited relative headlines and hype rather than examining external drivers such as technical or fundamental data. It is believed that price action tends to repeat itself due to investors' collective, patterned thinking related to Wipro Limited's headlines and news coverage data. This data is often completely overlooked or insufficiently analyzed for actionable insights to drive Wipro Limited alpha.

Wipro Limited Sentiment by Major News Outlets

Investor sentiment, mood or attitude towards Wipro Limited can have a significant impact on its stock price or the market as a whole. This sentiment can be positive or negative, and various factors, such as economic indicators, news events, or market trends, can influence it. When investor sentiment is positive, investors are more likely to buy stocks, increasing demand and increasing the stock price. Positive investor sentiment can be driven by good news about the company or the broader market, such as solid earnings reports or positive economic data.
Note that negative investor sentiment can cause investors to sell stocks, leading to a decrease in demand and a drop in the stock price. Negative sentiment can be driven by factors such as poor earnings reports, negative news about the company or industry, or broader economic concerns. It's important to note that investor sentiment is just one of many factors that can affect stock prices. Other factors, such as company performance, industry trends, and global economic conditions, can also play a significant role in determining the value of a stock.

Be your own money manager

Our tools can tell you how much better you can do entering a position in Wipro Limited without increasing your portfolio risk or giving up the expected return. As an individual investor, you need to find a reliable way to track all your investment portfolios. However, your requirements will often be based on how much of the process you decide to do yourself. In addition to allowing all investors analytical transparency into all their portfolios, our tools can evaluate risk-adjusted returns of your individual positions relative to your overall portfolio.

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Wipro Limited Corporate Directors

Wipro Limited corporate directors refer to members of a Wipro Limited board of directors. The board of directors generally takes responsibility for the Wipro Limited's affairs and long-term direction of the entity. A corporate director does not make decisions for the corporation on his own. As a member of the board of directors, she or he must function as a part of a group that makes decisions on behalf of the business only by the board of directors' meetings. To pass a resolution, a majority of Wipro Limited's board members must vote for the resolution. The Wipro Limited board of directors' duties also include the election, removal, and supervision of officers, including the adoption, amendment, and repeal of bylaws.
William OwensNon-Executive Independent DirectorProfile
Patrick EnnisNon-Executive Independent DirectorProfile
Patrick DupuisNon-Executive Independent DirectorProfile
Ireena VittalNon-Executive Independent DirectorProfile

How to buy Wipro Stock?

To provide specific investment advice or recommendations on Wipro Limited ADR stock, we recommend investors consider the following general factors when evaluating Wipro Limited ADR. This will help you to make an informed decision on whether to include Wipro Limited in one of your diversified portfolios:
  • Examine Wipro Limited's financial health by looking at its balance sheet, income statement, and cash flow statement. Analyze key financial ratios, such as Price-to-Earnings (P/E), Price-to-Sales (P/S), and Price-to-Book (P/B), to determine whether the stock is fairly valued or over/undervalued.
  • Research Wipro Limited's leadership team and their track record. Good management can help Wipro Limited navigate difficult times and make strategic decisions that benefit shareholders and increases its net worth.
  • Consider the overall health of the IT Consulting & Other Services space and any emerging trends that could impact Wipro Limited's business and its evolving consumer preferences.
  • Compare Wipro Limited's performance and market position to its competitors. Analyze how Wipro Limited is positioned in terms of product offerings, innovation, and market share.
  • Check if Wipro Limited pays a dividend and its dividend yield and payout ratio.
  • Review what financial analysts are saying about Wipro Limited's stock and their price targets. However, remember that analysts' opinions can vary, and their predictions may not always be accurate.
It's important to note that investing in Wipro Limited ADR stock, carries risks, and you should carefully consider your investment goals and risk tolerance before making any investment decisions. Also, remember that it's important for investors to have a long-term perspective and a well-diversified portfolio to manage the impact of stock market volatility on their investments. Below is a detailed guide on how to decide if Wipro Limited ADR is a good investment.

Already Invested in Wipro Limited ADR?

The danger of trading Wipro Limited ADR is mainly related to its market volatility and Company specific events. As an investor, you must understand the concept of risk-adjusted return before you start trading. The most common way to measure the risk of Wipro Limited is by using the Sharpe ratio. The ratio expresses how much excess return you acquire for the extra volatility you endure for holding a more risker asset than Wipro Limited. The Sharpe ratio is calculated by using standard deviation and excess return to determine reward per unit of risk. To understand how volatile Wipro Limited ADR is, you must compare it to a benchmark. Traditionally, the risk-free rate of return is the rate of return on the shortest-dated U.S. Treasury, such as a 3-year bond.
When determining whether Wipro Limited ADR is a good investment, qualitative aspects like company management, corporate governance, and ethical practices play a significant role. A comparison with peer companies also provides context and helps to understand if Wipro Stock is undervalued or overvalued. This multi-faceted approach, blending both quantitative and qualitative analysis, forms a solid foundation for making an informed investment decision about Wipro Limited Adr Stock. Highlighted below are key reports to facilitate an investment decision about Wipro Limited Adr Stock:
Check out Your Current Watchlist to better understand how to build diversified portfolios, which includes a position in Wipro Limited ADR. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in gross domestic product.
You can also try the Portfolio Diagnostics module to use generated alerts and portfolio events aggregator to diagnose current holdings.

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When running Wipro Limited's price analysis, check to measure Wipro Limited's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Wipro Limited is operating at the current time. Most of Wipro Limited's value examination focuses on studying past and present price action to predict the probability of Wipro Limited's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Wipro Limited's price. Additionally, you may evaluate how the addition of Wipro Limited to your portfolios can decrease your overall portfolio volatility.
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Is Wipro Limited's industry expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Wipro Limited. If investors know Wipro will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Wipro Limited listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth
(0.03)
Dividend Share
1
Earnings Share
0.26
Revenue Per Share
169.734
Quarterly Revenue Growth
(0.04)
The market value of Wipro Limited ADR is measured differently than its book value, which is the value of Wipro that is recorded on the company's balance sheet. Investors also form their own opinion of Wipro Limited's value that differs from its market value or its book value, called intrinsic value, which is Wipro Limited's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Wipro Limited's market value can be influenced by many factors that don't directly affect Wipro Limited's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
In summary, please note that there is a difference between Wipro Limited's value and its price, as these two are different measures arrived at by various means. Investors typically determine if Wipro Limited is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Wipro Limited's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.