Wipro Limited
Why Is Wipro Limited (WIT) Stock Down Today?
Live update on WIT's stock movement with key data on price change, volume, technical indicators, sector trends, and analyst sentiment.
Summary
Wipro Limited (WIT) is trading down -1.65% at $2.68, reflecting a negative shift in investor sentiment today. The stock opened at $2.70 and has moved between $2.66 and $2.71 so far.
Trading volume is 6334525, which is 9% above its average, and the price action suggests selling interest.
Technically, WIT is trading below its 50-day moving average of $2.95 and below its 200-day moving average of $3.22, indicating short-term and long-term weakness.
Analyst sentiment is neutral (no analyst ratings available), with an average 1-year price target of $7.00. Meyka's AI assigns WIT a grade of B (Overall moderate), reflecting its assessment of fundamentals and sentiment. Forecast models project potential returns of +22.76% in 1 month ($3.29), +70.55% in 1 year ($4.57), and +202.48% in 5 years ($8.11).
In context, the broader Technology sector is down -2.73% today, which may be contributing to the move.
View the full chart, check forecasting details, or see the AI grade breakdown to explore what's driving this stock's movement.
Stay informed and make better investment decisions.
WIT Technical Signals
Trading below 50-day moving average ($2.95)
Trading below 200-day moving average ($3.22)
Analyst Recommendations
Price Targets
Sector Context
The Technology sector is down -2.73% today, with the Information Technology Services industry contributing to the decline. This broader context may be weighing on the stock's performance.
Price Forecast
1 Month
$3.29
1 Year
$4.57
3 Years
$6.42
5 Years
$8.11
Is this change significant?
5-Day:+0.71%
1-Month:-11.01%
3-Month:-19.60%
What's next?
Next earnings date: 7/30/2025