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Dr CK Narayan of Chart Advise has a buy call on Wipro Ltd.
with a target price of Rs 347.
The current market price of Wipro Ltd.
is Rs 338.75 Time period given by analyst is Intra Day when Wipro Ltd.
price can reach defined target.
Dr CK Narayan recommended to keep stoploss at Rs 334.
Wipro Ltd., incorporated in 1945, is a largecap company with a market cap of Rs 153254.40 crore.
Wipro Ltd.
key Products/Revenue Segments include Software Services which contributed Rs 43063.80 Crore to Sales Value (96.31 % of Total Sales), Networking, Storage equipment, Servers, Software Licenses which contributed Rs 1646.20 Crore to Sales Value (3.68 % of Total Sales)for the year ending 31-Mar-2018.
For the quarter ended 30-09-2018, the company has reported a Consolidated sales of Rs 14541.00 Crore, up 4.03 % from last quarter Sales of Rs 13977.70 Crore and up 8.33 % from last year same quarter Sales of Rs 13423.40 Crore Company has reported net profit after tax of Rs 1883.70 Crore in latest quarter.
The company’s top management includes Dr.Ashok S Ganguly, Dr.Patrick J Ennis, Mr.Abidali Z Neemuchwala, Mr.Azim H Premji, Mr.Ireena Vittal, Mr.M K Sharma, Mr.Narayanan Vaghul, Mr.Patrick Dupuis, Mr.Rishad Premji, Mr.William Arthur Owens.
Company has Deloitte Haskins Sells LLP as its auditoRs As on 30-09-2018, the company has a total of 4,524,079,523 shares outstanding.
