Wipro Shares Climb 2.04% to Rs 268.62 as Investors Cheer Growth and Deal Wins
Wipro Ltd shares surged 2.04% to Rs 268.62 on June 24, 2025, driven by positive investor sentiment, consistent quarterly earnings, robust deal wins, and stable valuation metrics
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On June 24, 2025, Wipro Ltd shares rose 2.04%, opening the session at Rs 268.62 on the NSE, reflecting stronger investor confidence in the company’s performance.
This uptick comes amid upbeat sentiment driven by:
Quarterly financial strength: For FY25, revenues reached Rs 22,504 cr and net profit stood at Rs 3,559 cr for the March quarter. Operating margins expanded over the year, with a strong cash flow exceeding Rs 2 bn in Q4.
Consistent deal traction: Under CEO Srini Pallia, Wipro secured two “mega-deals” and expanded bookings within key accounts, signaling resilient performance in spite of macroeconomic uncertainties.
Technical stability: The stock's low beta (~0.24 over six months) and gradual upward movement over the past month (up ~6% in 30 days) reflect steady momentum.
Investor confidence is buoyed by consistent earnings, strong margins, and global deal wins—giving the stock room to sustain its upward trend.
Valuation watch: Despite positive momentum, analysts highlight the stock trades at a premium (P/E ~20.9 vs sector avg ~32.7), which could cap upside.
Steady growth ahead: With stable operations and healthy earnings, Wipro appears well-positioned, but broader economic conditions will influence future performance.
