HDFC Securities Bets On Large Cap IT Software Stock, Sees Shares Soaring, Add

HDFC Securities has suggested large cap IT Software sector stock, Wipro Ltd and assigned add call with target price of Rs 440 apiece. If you add Wipro share now, you can get likely return of 23%. Last trading price of Wipro Ltd on BSE is Rs 358.85 apiece. The stock gave return of 95% in last 3-years. Check details below:

Wipro Ltd Stock Performance & Return: Last trading price of Wipro Ltd is Rs 358.85 apiece on BSE with intraday gain of 0.72%. The stock's 52-week high is Rs 609.40 apiece and 52-week low is Rs 355.00 apiece, respectively. The large cap stock has a market capitalisation of Rs 1,96,933.93 crore. The stock declined 40% in last 1-year, 11% in last 2-years, gave return of 95% in last 3-years, and 70% return in last 5-years.

Wipro Ltd Financial Outlook: The company for the quarter ended December 31, 2022 declared its consolidated total income at Rs 23,867.30 crore, up 3.55 % from last quarter total income of Rs 23,049.40 crore. The company declared its net profit after tax at Rs 3,062.40 crore in latest quarter.

Wipro Ltd About: Wipro Limited is a leading technology services and consulting company focused on building innovative solutions that address clients' most complex digital transformation needs. It came into existence in 1945.

Disclaimer: The stock has been picked from the brokerage report of HDFC Securities. Greynium Information Technologies, the Author, and the respective Brokerage House are not liable for any losses caused as a result of decisions based on the article. Goodreturns.in advises users to check with certified experts before taking any investment decision.