WIPRO.NS stock closed the NSE session on 02 Mar 2026 at INR 198.57, down INR 2.51 or 1.25% as the market closed. We see mixed signals: AI services momentum supports growth while near-term technicals look oversold. Key numbers: PE 15.91, EPS 12.63, volume 10,486,452.00. We review valuation, technicals, catalysts and Meyka AI forecasts for Wipro Limited on the India market.

WIPRO.NS stock: market close snapshot

Wipro Limited (WIPRO.NS) ended the NSE session at INR 198.57 with a day high of INR 200.36 and a day low of INR 194.70. Market cap was INR 2105255858739.00 and traded volume was 10,486,452.00. One claim: price sits below both the 50-day average INR 242.49 and the 200-day average INR 249.06, showing near-term weakness.

Fundamentals and valuation for WIPRO.NS stock

Wipro reports EPS 12.63 and a trailing PE of 15.91, below the Technology sector average PE 39.44. One claim: lower PE suggests value relative to peers but reflects slower revenue growth; FY revenue growth was -0.75% year over year. We note a dividend per share of 11.00 and a payout ratio of 0.87, indicating a high cash return to shareholders.

Technical picture and AI theme impact

Technical indicators show oversold momentum: RSI 21.66, MACD -11.83 and ADX 34.94. One claim: oversold breadth may invite short-term bounces while the trend remains negative. Wipro’s AI services and cloud deals support medium-term revenue mix improvement, which is the main fundamental catalyst for the stock’s AI narrative.

Meyka Grade & valuation context

Meyka AI rates WIPRO.NS with a score of 81.66 out of 100 (Grade: A, Suggestion: BUY). This grade factors in S&P 500 comparison, sector performance, financial growth, key metrics, and analyst consensus. One claim: the grade reflects solid cash flow metrics and conservative leverage versus sector peers.

Catalysts, risks and near-term events

Earnings are scheduled for 2026-04-15, which is the next major catalyst. One claim: stronger AI deal commentary or margin upgrades could re-rate the stock. Primary risks include slower deal conversion, pressure on operating cash flow, and a high payout that limits reinvestment.

Price forecasts and realistic targets for WIPRO.NS stock

Meyka AI’s forecast model projects a monthly price near INR 180.63 and a yearly price near INR 270.61. One claim: the model implies a short-term downside of -9.04% to the monthly forecast and an implied one-year upside of 36.29% versus today’s price INR 198.57. We set realistic price targets: conservative INR 180.00, base INR 270.61, and bull INR 320.00.

Final Thoughts

WIPRO.NS stock closed at INR 198.57 on 02 Mar 2026 with clear near-term weakness but meaningful medium-term opportunity from AI services. Fundamental strengths include EPS 12.63, free cash flow metrics, and a strong balance sheet with debt to equity 0.26. Technicals are oversold, with RSI 21.66, so short-term volatility is likely. Meyka AI’s forecast model projects monthly INR 180.63 and yearly INR 270.61, implying downside -9.04% short term and upside 36.29% over 12 months. Our scenario targets are conservative INR 180.00, base INR 270.61, and bull INR 320.00. We note this analysis includes valuation, sector comparisons and upcoming earnings on 2026-04-15. Forecasts are model-based projections and not guarantees. For active traders we suggest monitoring deal wins and April earnings commentary; for longer-term investors, the AI revenue mix and cash returns drive the thesis. Meyka AI is an AI-powered market analysis platform providing these data-driven insights.

FAQs

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.