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WIT
Stock ticker: NYSE
AS OF
Apr 24, 04:59 PM (EDT)
Price
$2.85
Change
+$0.02 (+0.71%)
Capitalization
28.61B

WIT Wipro Limited Forecast, Technical & Fundamental Analysis

Wipro is a leading global IT services provider, with over 234,000 employees... Show more

WIT
Daily Signalchanged days ago
Gain/Loss if bought
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A.I.Advisor
a Summary for WIT with price predictions
Apr 23, 2025

Momentum Indicator for WIT turns positive, indicating new upward trend

WIT saw its Momentum Indicator move above the 0 level on April 23, 2025. This is an indication that the stock could be shifting in to a new upward move. Traders may want to consider buying the stock or buying call options. Tickeron's A.I.dvisor looked at 85 similar instances where the indicator turned positive. In of the 85 cases, the stock moved higher in the following days. The odds of a move higher are at .

Price Prediction Chart

Technical Analysis (Indicators)

Bullish Trend Analysis

The RSI Indicator points to a transition from a downward trend to an upward trend -- in cases where WIT's RSI Indicator exited the oversold zone, of 29 resulted in an increase in price. Tickeron's analysis proposes that the odds of a continued upward trend are .

The Stochastic Oscillator suggests the stock price trend may be in a reversal from a downward trend to an upward trend. of 51 cases where WIT's Stochastic Oscillator exited the oversold zone resulted in an increase in price. Tickeron's analysis proposes that the odds of a continued upward trend are .

The Moving Average Convergence Divergence (MACD) for WIT just turned positive on April 23, 2025. Looking at past instances where WIT's MACD turned positive, the stock continued to rise in of 50 cases over the following month. The odds of a continued upward trend are .

Following a 3-day Advance, the price is estimated to grow further. Considering data from situations where WIT advanced for three days, in of 270 cases, the price rose further within the following month. The odds of a continued upward trend are .

WIT may jump back above the lower band and head toward the middle band. Traders may consider buying the stock or exploring call options.

Bearish Trend Analysis

The 50-day moving average for WIT moved below the 200-day moving average on April 17, 2025. This could be a long-term bearish signal for the stock as the stock shifts to an downward trend.

Following a 3-day decline, the stock is projected to fall further. Considering past instances where WIT declined for three days, the price rose further in of 62 cases within the following month. The odds of a continued downward trend are .

The Aroon Indicator for WIT entered a downward trend on April 14, 2025. This could indicate a strong downward move is ahead for the stock. Traders may want to consider selling the stock or buying put options.

Fundamental Analysis (Ratings)

The Tickeron Valuation Rating of (best 1 - 100 worst) indicates that the company is seriously undervalued in the industry. This rating compares market capitalization estimated by our proprietary formula with the current market capitalization. This rating is based on the following metrics, as compared to industry averages: P/B Ratio (3.043) is normal, around the industry mean (21.850). P/E Ratio (19.249) is within average values for comparable stocks, (41.614). WIT's Projected Growth (PEG Ratio) (2.616) is slightly higher than the industry average of (1.372). Dividend Yield (0.024) settles around the average of (0.025) among similar stocks. P/S Ratio (2.838) is also within normal values, averaging (16.371).

The Tickeron SMR rating for this company is (best 1 - 100 worst), indicating strong sales and a profitable business model. SMR (Sales, Margin, Return on Equity) rating is based on comparative analysis of weighted Sales, Income Margin and Return on Equity values compared against S&P 500 index constituents. The weighted SMR value is a proprietary formula developed by Tickeron and represents an overall profitability measure for a stock.

The Tickeron Profit vs. Risk Rating rating for this company is (best 1 - 100 worst), indicating well-balanced risk and returns. The average Profit vs. Risk Rating rating for the industry is 80, placing this stock slightly better than average.

The Tickeron PE Growth Rating for this company is (best 1 - 100 worst), pointing to consistent earnings growth. The PE Growth rating is based on a comparative analysis of stock PE ratio increase over the last 12 months compared against S&P 500 index constituents.

The Tickeron Price Growth Rating for this company is (best 1 - 100 worst), indicating fairly steady price growth. WIT’s price grows at a lower rate over the last 12 months as compared to S&P 500 index constituents.

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WIT
Daily Signalchanged days ago
Gain/Loss if bought
Show more...
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A.I. Advisor
published Earnings

WIT is expected to report earnings to fall 8.25% to 3 cents per share on July 16

Wipro Limited WIT Stock Earnings Reports
Q2'25
Est.
$0.04
Q1'25
Est.
$0.04
Q4'24
Beat
by $0.01
Q3'24
Est.
$0.07
Q2'24
Est.
$0.07
The last earnings report on April 16 showed earnings per share of 3 cents, meeting the estimate of 3 cents. With 3.44M shares outstanding, the current market capitalization sits at 28.61B.
A.I.Advisor
published Dividends

WIT paid dividends on February 19, 2025

Wipro Limited WIT Stock Dividends
А dividend of $0.14 per share was paid with a record date of February 19, 2025, and an ex-dividend date of January 28, 2025. Read more...
A.I. Advisor
published General Information

General Information

a information technology, consulting and outsourcing company

Industry InformationTechnologyServices

Profile
Fundamentals
Details
Industry
Information Technology Services
Address
Sarjapur Road
Phone
+91 8028440011
Employees
250000
Web
https://www.wipro.com
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WIT and Stocks

Correlation & Price change

A.I.dvisor indicates that over the last year, WIT has been closely correlated with INFY. These tickers have moved in lockstep 68% of the time. This A.I.-generated data suggests there is a high statistical probability that if WIT jumps, then INFY could also see price increases.

1D
1W
1M
1Q
6M
1Y
5Y
Ticker /
NAME
Correlation
To WIT
1D Price
Change %
WIT100%
+2.17%
INFY - WIT
68%
Closely correlated
+2.19%
CTSH - WIT
49%
Loosely correlated
+1.86%
PSFE - WIT
45%
Loosely correlated
+3.44%
FLYW - WIT
45%
Loosely correlated
-0.92%
PAY - WIT
42%
Loosely correlated
+0.60%
More

Groups containing WIT

Correlation & Price change

1D
1W
1M
1Q
6M
1Y
5Y
Ticker /
NAME
Correlation
To WIT
1D Price
Change %
WIT100%
+2.17%
WIT
(2 stocks)
73%
Closely correlated
+0.63%