ICICI Securities maintains Reduce call on Wipro, lowers target price to Rs 230
ICICI Securities maintains a Reduce call on Wipro with a revised target price of Rs 230 (Rs 241 earlier). The current market price of Wipro Ltd. is Rs 238.95. Wipro, incorporated in 1945, is a Large Cap company with a market cap of Rs 248084.90 Crore) operating in IT Software sector.
Wipro’s key products/revenue segments include Software Services, Networking, Storage equipment, Servers, Software Licenses for the year ending 31-Mar-2024.
Financials
For the quarter ended 31-03-2025, the company has reported a Consolidated Total Income of Rs 23692.50 crore, up 1.58% from last quarter Total Income of Rs 23322.90 crore and up 3.64% from last year same quarter Total Income of Rs 22861.20 crore. The company has reported net profit after tax…
