INR 187.92: Wipro Limited (WIPRO.NS NSE) intraday AI stocks view, yearly upside

WIPRO.NS stock trades at INR 187.92 in intraday trade on the NSE as of 24 Mar 2026. The share is down -1.56% today after opening at INR 191.50 and touching a low of INR 187.80. Short-term momentum is weak, but company fundamentals show a PE of 14.86 and EPS of 12.62, keeping valuation attractive versus historical averages. We examine technicals, fundamentals, Meyka forecasts, and near-term trade triggers for AI-focused investors.

WIPRO.NS stock intraday price action and volume

WIPRO.NS stock is trading at INR 187.92, down -1.56% today on volume 3,773,768 shares. The stock opened at INR 191.50 and hit a day high of INR 191.50 and low of INR 187.80. Average daily volume is 15,114,011, so current turnover is below typical activity. The stock sits near its year low of INR 187.00 and far below the year high of INR 274.70. Watch intraday support at INR 187.00 and resistance around the 50-day average of INR 220.21.

WIPRO.NS stock fundamentals and valuation

Wipro Limited (WIPRO.NS) on the NSE reports PE 14.86 and EPS INR 12.62. Market cap is about INR 1,964,686,766,281.00 and shares outstanding are 10,476,094,520.00. Key ratios include PB 2.26 and price-to-sales 2.16. Free cash flow yield is 7.21% and dividend per share is INR 11.00, a dividend yield near 5.87%. These metrics show stable cash generation and a value tilt inside the Technology sector in India.

WIPRO.NS stock technicals and momentum

Technicals show oversold momentum. RSI is 25.02, MACD histogram is positive at 0.48, and ADX is 41.38, indicating a strong trend. Bollinger middle band is INR 198.19, lower band INR 187.47. Short-term indicators signal selling pressure but a potential mean-reversion trade if price stabilises above INR 188.50. For detailed chart reads see technical summaries on Investing.com technical analysis and historical movement on Investing.com historical data.

WIPRO.NS stock Meyka grade and forecast

Meyka AI rates WIPRO.NS with a score out of 100: 82.46 / 100, Grade A, Suggestion: BUY. This grade factors in S&P 500 benchmark comparison, sector performance, financial growth, key metrics, and analyst consensus. Meyka AI’s forecast model projects a monthly target INR 184.11, a quarterly INR 163.50, and a yearly INR 290.89. Against the current INR 187.92, the model implies -2.03% to the monthly view and +54.80% to the yearly view. Forecasts are model-based projections and not guarantees.

WIPRO.NS stock risks and AI sector opportunities

Wipro faces revenue sensitivity to global IT spending and margin pressure from wage inflation. Debt metrics are modest with debt-to-equity 0.26. AI services demand offers upside, especially in cloud, automation, and generative AI deals. Management commentary, client wins, and the 2026-04-15 earnings date will be catalysts. Monitor contract renewals and guidance for clearer direction on AI-driven growth.

WIPRO.NS stock trading checklist for AI stocks strategy

Set triggers before trading: intraday support INR 187.00, stop-loss below INR 184.00, and profit targets near INR 198.00 first. Use position sizing tied to volatility (ATR INR 5.69). Track sector flows in Technology on NSE and monitor Wipro commentary on AI contracts. For the Meyka platform view, see WIPRO.NS on Meyka.

Final Thoughts

WIPRO.NS stock trades weak intraday at INR 187.92, but valuation and cash flow metrics support a constructive medium-term view. Technicals are oversold and warrant cautious short-term risk management. Meyka AI’s forecast model projects a yearly target of INR 290.89, implying +54.80% versus the current price, while monthly and quarterly views show lower near-term targets. Investors focused on AI services should watch the upcoming earnings on 15 Apr 2026, client deal wins, and margin guidance. Use tight stops and position size to manage volatility. Remember forecasts are model-based projections and not guarantees, and our Meyka grade is informational only.

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Disclaimer:

Stock markets involve risks. This content is for informational purposes only. Past performance does not guarantee future results. Meyka AI PTY LTD provides market analysis and data insights, not financial advice. Always conduct your own research and consider consulting a licensed financial advisor.