Monday, November 23, 2020

WIPRO | Stock to Buy | Price Outlook

 

WIPRO LTD

Stock/Share Price: 352


➽ In this article we will discuss recent development in the StockShare of WIPRO in the Stock Market
Wipro is a global information technology (IT), consulting and business process services (BPS) company.


Recent Key Strengths

Efficient in managing Assets to generate Profits - ROA improving since last 2 year

Growth in Net Profit with increasing Profit Margin (QoQ)

Company with Low Debt

Increasing profits every quarter for the past 2 quarters

Annual Net Profits improving for last 2 years

Company with Zero Promoter Pledge

FII / FPI or Institutions increasing their shareholding

Strong Momentum: Price above short, medium and long term moving averages

MFs increased their shareholding last quarter



Recent Weaknesses

Decline in Quarterly Net Profit with falling Profit Margin (YoY)

Declining Net Cash Flow : Companies not able to generate net cash

Fall in Quarterly Revenue and Net Profit (YoY)



Technical Chart 


Buy for the potential upside target of 388 , 408 in short term , 448 / 478 in mid term and patience is your target in long term.





Recent Valuation Summary



Recent Financial Summary


Net profit increasing for the previous three year.


Thanks for your Precious Time.


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Disclaime
r- The information on this blog are based on my personal opinion and experience, it should not be considered professional financial investment advice and in no way it should be considered as a tip. We does not take any compensation of any kind whatsoever from any reader,user and company that are mention on this website.We are not SEBI registered financial advisor or analyst.





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