WIPRO.NS stock dropped 2.07% to INR 194.45 intraday on 05 Mar 2026 as selling extended across IT counters. The move pushed the share close to its year low INR 194.51 while volume ran at 6,600,019 shares. Investors are watching Wipro Limited (WIPRO.NS, NSE, India) for signs of revenue acceleration in AI services and margin improvement under current management.

Intraday price action and drivers for WIPRO.NS stock

WIPRO.NS stock opened at INR 196.40 and hit a day high of INR 196.97 and a low of INR 193.22. One-day change was -4.12 points or -2.07%, with traded volume 6,600,019 versus average volume 12,813,996.

Market pressure comes as the IT sector slides and investors rotate into higher-growth AI-oriented names. Recent investing.com coverage tracks live price and technicals for Wipro source.

Fundamentals, valuation and WIPRO.NS stock metrics

Wipro reports EPS 12.63 and a trailing PE of 15.48 on a market cap of INR 2048580728386.00. Price to book is 2.36 and dividend per share is 11.00 with dividend yield near 5.63%.

The 50-day average is 239.60 and the 200-day average is 248.57, indicating the stock trades below longer-term averages while free cash flow yield is 0.07.

Technical setup, momentum and the AI services angle for WIPRO.NS stock

Technicals show RSI 20.12 (oversold) and ADX 35.85, signalling a strong downtrend. Bollinger lower band sits at 190.11, with ATR 6.31 suggesting elevated intraday swings.

Strategically, Wipro’s AI services push matters. If AI contract wins convert to revenue, margins can re-rate. Traders should watch momentum indicators and any AI deal updates closely.

Meyka AI grade and analyst context for WIPRO.NS stock

Meyka AI rates WIPRO.NS with a score out of 100: 82.22 / Grade A — BUY. This grade factors S&P 500 comparison, sector performance, financial growth, key metrics, and analyst consensus.

External research notes a company rating of A- as of 02 Mar 2026 with DCF and ROA strength but PE and PB concerns. See live Wipro page for ongoing updates source.

Risks, opportunities and sector context for WIPRO.NS stock

Key risks include revenue softness, margin pressure, and slower AI contract ramp. Wipro’s debt-to-equity is 0.26, giving moderate leverage cushion.

Opportunities include cross-selling AI and cloud services to large enterprise clients. The Technology sector has underperformed year-to-date, offering a relative recovery path if AI demand accelerates.

Trading outlook and WIPRO.NS stock price targets

Short-term support sits near INR 190.11 (Bollinger lower) and resistance near INR 216.76 (BB middle). Analysts cite a range trade until AI revenue clarity arrives.

Meyka AI’s models give monthly and yearly reference points to frame targets and risk management.

Final Thoughts

WIPRO.NS stock trades at INR 194.45 intraday on 05 Mar 2026 amid sector weakness and rotation. Fundamentals remain mixed with EPS 12.63, PE 15.48, and a market cap of INR 2048580728386.00. Technicals show oversold momentum, leaving scope for a short-term bounce. Meyka AI’s forecast model projects a yearly price of INR 270.61, implying an upside of 39.17% from the current price. Monthly and quarterly model points are INR 180.63 and INR 181.57, implying near-term downside of -7.11% and -6.64% respectively. Forecasts are model-based projections and not guarantees. For investors, focus on AI services revenue updates and margin trends before altering position size. Meyka AI is mentioned as an AI-powered market analysis platform offering these model outputs for context.

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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.