Wipro (WIPRO) Share Price Falls 2.06% Today; What the Decline Means
- September 2, 2026
- Posted by: Harsh Piplani
- Category: News
Wipro Share Price was at Rs 173.15 on 07 September 2026 at 1:23:09 PM IST, down 2.06% for the day, taking the Large Cap IT company’s market capitalisation to Rs 1,75,109.01 crore. Wipro Share Price Today is therefore firmly in focus as the stock moved lower from its previous close of Rs 176.80 and traded near the day’s low of Rs 173.00.
Today’s decline is notable because it combines a clear intraday price fall with a meaningful company size and a measurable turnover of Rs 10.54 crore. The supplied data confirms the price event, but it does not establish a company-specific catalyst behind why the stock is falling today. That still makes Wipro Stock News relevant in the broader Stock Market Today conversation because investors often look at price action alongside valuation, profitability and sector positioning.
For investors tracking Wipro Share Price, the immediate questions are straightforward: what exactly happened in today’s trade, how does the stock sit versus its IT – Software peers, and do the fundamental ratios justify continued attention. Univest examines those questions using only the verified figures available here.
Wipro (WIPRO) Share Price Today: Price Action Analysis
| Metric | Value |
|---|---|
| Current Price | Rs 173.15 |
| Previous Close | Rs 176.8 |
| Today's Move | -Rs 3.65 (-2.06%) |
| Open | Rs 175.55 |
| High | Rs 176.6 |
| Low | Rs 173 |
| Turnover | Rs 10.54 crore |
| Market Capitalisation | Rs 1,75,109.01 crore |
| Market Cap Category | Large Cap |
Wipro Share Price Today reflects a session where the stock opened at Rs 175.55, touched a high of Rs 176.60, and then slipped to a low of Rs 173.00 before trading at Rs 173.15. That places the stock Rs 3.65 below the previous close of Rs 176.80, equal to a decline of 2.06% in today’s trade.
The intraday range also matters. The day’s high of Rs 176.60 stayed slightly below the previous close, while the current price remained just above the session low. In practical terms, Wipro Share Price moved from an opening level already below the prior close to a weaker mid-session position, indicating that the stock could not recover back toward yesterday’s settlement price. Turnover stood at Rs 10.54 crore, showing that the price move attracted measurable market participation.
As a Large Cap stock with a market capitalisation of Rs 1,75,109.01 crore, Wipro Share News naturally gets more attention than a similar move in a much smaller company. The next step is to assess whether the decline is happening against a rich or moderate valuation base.
Wipro (WIPRO) Fundamental Analysis
| Metric | Value |
|---|---|
| Market Capitalisation | Rs 1,75,109.01 crore |
| P/E Ratio | 13.25x |
| P/B Ratio | 2.32x |
| ROE | 15.71% |
| ROCE | 18.49% |
| EPS | Rs 13.35 |
| Book Value Per Share | Rs 76.32 |
| Dividend Yield | 6.22% |
Wipro Fundamental Analysis suggests that the stock is being watched not only because of today’s decline, but also because its core valuation and profitability metrics stand out within the listed IT – Software space. At the current price, Wipro trades at a P/E ratio of 13.25 and a P/B ratio of 2.32. Those are key context points for any Wipro Share Price Update because they frame how the market is valuing current earnings and net worth.
Profitability metrics are respectable on the supplied numbers. Return on equity is 15.71%, while return on capital employed is 18.49%. EPS is Rs 13.35, which shows the earnings attributable to each share based on the available data. Book value per share is Rs 76.32, offering the accounting net worth behind each share. Dividend yield is 6.22, which is a notable historical/current payout indicator relative to the current stock price.
Taken together, these figures show a company with positive profitability ratios and a moderate valuation multiple relative to many software names. That does not explain today’s fall by itself, but it does explain why Wipro Stock Analysis remains relevant on Univest when the stock sees fresh price pressure.
Sector and Industry Context
| Metric | Value |
|---|---|
| Sector | IT |
| Industry | IT – Software |
| Benchmark Scope | same industry |
| Company P/E Ratio | 13.25x |
| Benchmark Median P/E | 24.23x |
| Benchmark Average P/E | 54.89x |
| Benchmark P/E Range | 0x to 1,023.2x |
| Company P/B Ratio | 2.32x |
| Benchmark Median P/B | 2.06x |
| Benchmark Average P/B | 5.4x |
| Company ROE | 15.71% |
| Benchmark Median ROE | 10.38% |
| Benchmark Average ROE | 6.59% |
| Company ROCE | 18.49% |
| Benchmark Median ROCE | 12.8% |
| Benchmark Average ROCE | 13.08% |
| Company Market Capitalisation | Rs 1,75,109.01 crore |
| Benchmark Median Market Cap | Rs 198.6 crore |
| Benchmark Average Market Cap | Rs 11,680.85 crore |
Wipro operates in the IT sector and the IT – Software industry, so the right comparison set is the same-industry benchmark covering 248 companies. On that basis, Wipro’s valuation and returns sit in an interesting position: the stock’s P/E is below both the industry median and average, while ROE and ROCE are above the benchmark medians and averages.
The numbers are clear. Wipro’s company P/E is 13.25, versus a same-industry median of 24.23 from 187 companies and an average of 54.89, with the benchmark range running from 0 to 1023.20. Its P/B of 2.32 is slightly above the industry median of 2.06 but below the average of 5.40 across 247 companies. On profitability, Wipro’s ROE of 15.71% is above the median of 10.38% and the average of 6.59%. Its ROCE of 18.49% is also above the median of 12.80% and the average of 13.08%.
Size is another differentiator. Wipro’s market capitalisation of Rs 1,75,109.01 crore is far above the industry median market cap of Rs 198.60 crore and above the average of Rs 11,680.85 crore. Within this benchmark, that places Wipro among the larger established listed software companies, which is why Wipro Market Cap and sector-relative valuation remain central to the current Wipro Share Price story on Univest.
Peer Comparison
| Company | Symbol | Market Cap (Cr) | P/E | P/B | ROE (%) | ROCE (%) |
|---|---|---|---|---|---|---|
| Tata Consultancy Services | TCS | 8,32,485.76 | 16.72 | 6.9 | 49.11 | 66.25 |
| Infosys | INFY | 4,58,580.27 | 15.14 | 4.63 | 31.68 | 42.84 |
| HCL Technologies | HCLTECH | 3,51,148.26 | 20.15 | 4.43 | 23.13 | 31.2 |
| Tech Mahindra | TECHM | 1,56,037.29 | 30.38 | 5.05 | 17 | 23.04 |
| LTIMindtree | LTM | 1,34,962.7 | 25.8 | 5.33 | 21.51 | 30.25 |
Against large listed peers, Wipro sits at the lower end of the valuation spectrum on the supplied data. Its P/E of 13.25 is below Tata Consultancy Services at 16.72, Infosys at 15.14, HCL Technologies at 20.15, Tech Mahindra at 30.38 and LTIMindtree at 25.80. That makes Wipro one of the less highly valued names in this peer set on earnings multiple terms.
However, the profitability comparison is more mixed. Wipro’s ROE of 15.71% is below TCS at 49.11%, Infosys at 31.68%, HCL Technologies at 23.13%, Tech Mahindra at 17.00% and LTIMindtree at 21.51%. Its ROCE of 18.49% is also below TCS at 66.25%, Infosys at 42.84%, HCL Technologies at 31.20%, Tech Mahindra at 23.04% and LTIMindtree at 30.25%.
In market-cap terms, Wipro at Rs 1,75,109.01 crore is smaller than TCS, Infosys and HCL Technologies, but larger than Tech Mahindra and LTIMindtree in the supplied comparison group. So the current Wipro Share Price Fall is happening in a stock that appears cheaper than several peers, but also less profitable than most of them on the reported return ratios.
Why Investors Are Watching Wipro
- Wipro Share Price fell 2.06% to Rs 173.15, with the stock trading close to the day’s low of Rs 173.00.
- The company remains a Large Cap IT name with market capitalisation of Rs 1,75,109.01 crore.
- Its P/E of 13.25 is below the IT – Software industry median of 24.23 and below major peer multiples.
- ROE of 15.71% and ROCE of 18.49% are above industry medians, adding important fundamental context.
- The verified data confirms the price event, but does not establish a company-specific catalyst for today’s decline.
About Wipro
Wipro is part of the IT sector and operates within the IT – Software industry. In market terms, it sits among India’s larger listed software companies, with a market capitalisation of Rs 1,75,109.01 crore based on the supplied figures. That scale places it well above the industry median market cap and keeps the company relevant in daily Market News, sector analysis and peer tracking.
For readers following Wipro Latest News and Wipro Company News, the key point is that Wipro is evaluated by the market alongside other major software names such as TCS, Infosys, HCL Technologies, Tech Mahindra and LTIMindtree. Its current positioning reflects a combination of large-company status, moderate valuation and mid-range profitability within that peer group.
Track Wipro Share Price on Univest
UseWipro (WIPRO) live share-price page,Univest top decliners screener,Univest market blogsto review live stock data, top decliners and related market analysis.
You can track Wipro Share Price on Univest for live share price updates, market capitalisation, valuation ratios, shareholding pattern when available, 52-week levels when available, and broader market insights. Univest also helps users compare Wipro Stock Performance with sector peers and monitor key metrics such as P/E, P/B, ROE, ROCE, EPS, book value and dividend yield in one place.
For investors following Wipro Share Price Live and Wipro Stock News, Univest offers a structured way to place today’s move in a wider market and sector context without reducing the story to one trading session alone.
Disclaimer: Data and figures in this article are sourced from publicly available information. These may or may not be accurate. Please verify all data with the official NSE (nseindia.com) and BSE (bseindia.com) websites before making any investment decision. Investments in securities are subject to market risk. This content is for educational purposes only and is not investment advice by Univest (SEBI RA INH000013776).
Frequently Asked Questions
Why is Wipro Share Price falling today?
Ans. Wipro Share Price was down 2.06% at Rs 173.15 versus the previous close of Rs 176.80. The supplied data confirms the decline, but it does not establish any company-specific catalyst for today’s move.
What is Wipro Share Price Today?
Ans. Wipro Share Price Today stood at Rs 173.15 at 1:23:09 PM IST on 07 September 2026. The stock had opened at Rs 175.55 and traded in an intraday range of Rs 173.00 to Rs 176.60.
How much did Wipro stock fall in today’s trade?
Ans. Wipro stock declined by Rs 3.65 in absolute terms and by 2.06% on a percentage basis. That move took the stock from the previous close of Rs 176.80 to Rs 173.15 during the session.
Is Wipro a large-cap stock?
Ans. Yes, Wipro is classified as a Large Cap stock in the supplied data. Its market capitalisation was Rs 1,75,109.01 crore, which also places it well above the IT software industry average market-cap benchmark.
Is Wipro trading at a low P/E compared with its industry?
Ans. Wipro’s P/E ratio is 13.25, lower than the same-industry median of 24.23 and average of 54.89. That suggests the stock is valued below the broader IT – Software benchmark on earnings multiple terms.
How does Wipro compare with TCS and Infosys on valuation?
Ans. Wipro trades at a P/E of 13.25, compared with 16.72 for TCS and 15.14 for Infosys. On the supplied numbers, Wipro is valued at a lower earnings multiple than both large peers.
What are Wipro’s EPS, book value and dividend yield?
Ans. Wipro’s EPS is Rs 13.35, its book value per share is Rs 76.32, and its dividend yield is 6.22. These metrics help frame earnings support, accounting net worth and historical/current payout context.
How does Wipro compare with peers on profitability?
Ans. Wipro’s ROE of 15.71% and ROCE of 18.49% are below TCS, Infosys, HCL Technologies and LTIMindtree, and also below Tech Mahindra on both metrics except that Wipro’s ROCE remains lower there as well.
What should investors track next in Wipro Stock News?
Ans. Investors can track whether Wipro Share Price holds near today’s low of Rs 173.00, how valuation at 13.25 times earnings evolves, and how its profitability metrics continue to compare with industry and peer benchmarks.
