{"id":65967,"date":"2026-03-30T17:03:34","date_gmt":"2026-03-30T11:33:34","guid":{"rendered":"https:\/\/univest.in\/blogs-2\/?p=65967"},"modified":"2026-03-30T17:03:36","modified_gmt":"2026-03-30T11:33:36","slug":"why-is-wipro-share-price-falling","status":"publish","type":"post","link":"https:\/\/univest.in\/blogs-2\/why-is-wipro-share-price-falling\/","title":{"rendered":"Why Is Wipro Share Price Falling? Key Reasons &#038; Share Price Target"},"content":{"rendered":"<p>Wipro Limited (NSE: WIPRO) \u2014 India&#8217;s fourth-largest IT services company \u2014 has had one of the most painful runs in the Indian IT sector in 2026. The stock touched a 52-week low of \u20b9188.25 in March 2026, down from a peak of \u20b9311, representing a decline of approximately 40%. For a company with $11 billion in annual revenue and operations in 50+ countries, the Wipro share price fall has surprised many investors who expected India&#8217;s IT giants to be more resilient.<\/p><p>The reasons behind the Wipro share price falling are multi-layered: weak constant currency revenue growth, cautious Q4 guidance, a slowdown in large deal wins, US tariff risks targeting IT services, and Jefferies adding Wipro to its &#8216;Underperform&#8217; list. This article covers each reason and provides a data-backed view of the Wipro share price target.<\/p><div id=\"ez-toc-container\" class=\"ez-toc-v2_0_65 counter-hierarchy ez-toc-counter ez-toc-grey ez-toc-container-direction\">\n<div class=\"ez-toc-title-container\">\n<p class=\"ez-toc-title \" >Table of Contents<\/p>\n<span class=\"ez-toc-title-toggle\"><a href=\"#\" class=\"ez-toc-pull-right ez-toc-btn ez-toc-btn-xs ez-toc-btn-default ez-toc-toggle\" aria-label=\"Toggle Table of Content\"><span class=\"ez-toc-js-icon-con\"><span class=\"\"><span class=\"eztoc-hide\" style=\"display:none;\">Toggle<\/span><span class=\"ez-toc-icon-toggle-span\"><svg style=\"fill: #999;color:#999\" xmlns=\"http:\/\/www.w3.org\/2000\/svg\" class=\"list-377408\" width=\"20px\" height=\"20px\" viewBox=\"0 0 24 24\" fill=\"none\"><path d=\"M6 6H4v2h2V6zm14 0H8v2h12V6zM4 11h2v2H4v-2zm16 0H8v2h12v-2zM4 16h2v2H4v-2zm16 0H8v2h12v-2z\" fill=\"currentColor\"><\/path><\/svg><svg style=\"fill: #999;color:#999\" class=\"arrow-unsorted-368013\" xmlns=\"http:\/\/www.w3.org\/2000\/svg\" width=\"10px\" height=\"10px\" viewBox=\"0 0 24 24\" version=\"1.2\" baseProfile=\"tiny\"><path d=\"M18.2 9.3l-6.2-6.3-6.2 6.3c-.2.2-.3.4-.3.7s.1.5.3.7c.2.2.4.3.7.3h11c.3 0 .5-.1.7-.3.2-.2.3-.5.3-.7s-.1-.5-.3-.7zM5.8 14.7l6.2 6.3 6.2-6.3c.2-.2.3-.5.3-.7s-.1-.5-.3-.7c-.2-.2-.4-.3-.7-.3h-11c-.3 0-.5.1-.7.3-.2.2-.3.5-.3.7s.1.5.3.7z\"\/><\/svg><\/span><\/span><\/span><\/a><\/span><\/div>\n<nav><ul class='ez-toc-list ez-toc-list-level-1 ' ><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-1\" href=\"https:\/\/univest.in\/blogs-2\/why-is-wipro-share-price-falling\/#About_Wipro\" title=\"About Wipro\">About Wipro<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-2\" href=\"https:\/\/univest.in\/blogs-2\/why-is-wipro-share-price-falling\/#Why_Is_Wipro_Share_Price_Falling_Key_Reasons\" title=\"Why Is Wipro Share Price Falling? Key Reasons\">Why Is Wipro Share Price Falling? Key Reasons<\/a><ul class='ez-toc-list-level-3' ><li class='ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-3\" href=\"https:\/\/univest.in\/blogs-2\/why-is-wipro-share-price-falling\/#1_Weak_Q3_FY26_Guidance_Disappoints_Market\" title=\"1. Weak Q3 FY26 Guidance Disappoints Market\">1. Weak Q3 FY26 Guidance Disappoints Market<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-4\" href=\"https:\/\/univest.in\/blogs-2\/why-is-wipro-share-price-falling\/#2_Large_Deal_Bookings_Decline\" title=\"2. Large Deal Bookings Decline\">2. Large Deal Bookings Decline<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-5\" href=\"https:\/\/univest.in\/blogs-2\/why-is-wipro-share-price-falling\/#3_Net_Profit_Declines_Despite_Revenue_Growth\" title=\"3. Net Profit Declines Despite Revenue Growth\">3. Net Profit Declines Despite Revenue Growth<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-6\" href=\"https:\/\/univest.in\/blogs-2\/why-is-wipro-share-price-falling\/#4_US_Tariff_Risks_and_IT_Tax_Uncertainty\" title=\"4. US Tariff Risks and IT Tax Uncertainty\">4. US Tariff Risks and IT Tax Uncertainty<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-7\" href=\"https:\/\/univest.in\/blogs-2\/why-is-wipro-share-price-falling\/#5_Jefferies_Adds_Wipro_to_Underperform_List\" title=\"5. Jefferies Adds Wipro to Underperform List\">5. Jefferies Adds Wipro to Underperform List<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-8\" href=\"https:\/\/univest.in\/blogs-2\/why-is-wipro-share-price-falling\/#6_Broad_Sector_Weakness_AI_Disruption_Fear\" title=\"6. Broad Sector Weakness: AI Disruption Fear\">6. Broad Sector Weakness: AI Disruption Fear<\/a><\/li><\/ul><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-9\" href=\"https:\/\/univest.in\/blogs-2\/why-is-wipro-share-price-falling\/#Wipro_Latest_News_That_Impacted_the_Stock\" title=\"Wipro Latest News That Impacted the Stock\">Wipro Latest News That Impacted the Stock<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-10\" href=\"https:\/\/univest.in\/blogs-2\/why-is-wipro-share-price-falling\/#Financial_Performance_Analysis\" title=\"Financial Performance Analysis\">Financial Performance Analysis<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-11\" href=\"https:\/\/univest.in\/blogs-2\/why-is-wipro-share-price-falling\/#Technical_Signals_What_the_Charts_Are_Saying\" title=\"Technical Signals: What the Charts Are Saying\">Technical Signals: What the Charts Are Saying<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-12\" href=\"https:\/\/univest.in\/blogs-2\/why-is-wipro-share-price-falling\/#Market_Sentiment_Institutional_Positioning\" title=\"Market Sentiment &amp; Institutional Positioning\">Market Sentiment &amp; Institutional Positioning<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-13\" href=\"https:\/\/univest.in\/blogs-2\/why-is-wipro-share-price-falling\/#Future_Outlook_Can_Wipro_Recover\" title=\"Future Outlook: Can Wipro Recover?\">Future Outlook: Can Wipro Recover?<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-14\" href=\"https:\/\/univest.in\/blogs-2\/why-is-wipro-share-price-falling\/#Wipro_Share_Price_Target\" title=\"Wipro Share Price Target\">Wipro Share Price Target<\/a><ul class='ez-toc-list-level-3' ><li class='ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-15\" href=\"https:\/\/univest.in\/blogs-2\/why-is-wipro-share-price-falling\/#Short-Term_Target_3-6_Months\" title=\"Short-Term Target (3-6 Months)\">Short-Term Target (3-6 Months)<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-16\" href=\"https:\/\/univest.in\/blogs-2\/why-is-wipro-share-price-falling\/#12-Month_Analyst_Target\" title=\"12-Month Analyst Target\">12-Month Analyst Target<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-17\" href=\"https:\/\/univest.in\/blogs-2\/why-is-wipro-share-price-falling\/#Long-Term_Target_2027-2028\" title=\"Long-Term Target (2027-2028)\">Long-Term Target (2027-2028)<\/a><\/li><\/ul><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-18\" href=\"https:\/\/univest.in\/blogs-2\/why-is-wipro-share-price-falling\/#Conclusion\" title=\"Conclusion\">Conclusion<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-19\" href=\"https:\/\/univest.in\/blogs-2\/why-is-wipro-share-price-falling\/#FAQs\" title=\"FAQs\">FAQs<\/a><ul class='ez-toc-list-level-3' ><li class='ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-20\" href=\"https:\/\/univest.in\/blogs-2\/why-is-wipro-share-price-falling\/#Why_is_Wipro_share_price_falling_in_2026\" title=\"Why is Wipro share price falling in 2026?\">Why is Wipro share price falling in 2026?<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-21\" href=\"https:\/\/univest.in\/blogs-2\/why-is-wipro-share-price-falling\/#What_is_Wipro_share_price_target_for_2026\" title=\"What is Wipro share price target for 2026?\">What is Wipro share price target for 2026?<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-22\" href=\"https:\/\/univest.in\/blogs-2\/why-is-wipro-share-price-falling\/#Is_Wipro_stock_a_good_buy_at_current_levels\" title=\"Is Wipro stock a good buy at current levels?\">Is Wipro stock a good buy at current levels?<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-23\" href=\"https:\/\/univest.in\/blogs-2\/why-is-wipro-share-price-falling\/#Why_did_Jefferies_add_Wipro_to_underperform\" title=\"Why did Jefferies add Wipro to underperform?\">Why did Jefferies add Wipro to underperform?<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-24\" href=\"https:\/\/univest.in\/blogs-2\/why-is-wipro-share-price-falling\/#What_is_Wipros_market_cap_and_PE_ratio\" title=\"What is Wipro&#8217;s market cap and PE ratio?\">What is Wipro&#8217;s market cap and PE ratio?<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-25\" href=\"https:\/\/univest.in\/blogs-2\/why-is-wipro-share-price-falling\/#What_is_Wipros_dividend_yield\" title=\"What is Wipro&#8217;s dividend yield?\">What is Wipro&#8217;s dividend yield?<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-26\" href=\"https:\/\/univest.in\/blogs-2\/why-is-wipro-share-price-falling\/#What_are_the_recovery_catalysts_for_Wipro\" title=\" What are the recovery catalysts for Wipro?\"> What are the recovery catalysts for Wipro?<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-27\" href=\"https:\/\/univest.in\/blogs-2\/why-is-wipro-share-price-falling\/#How_does_Wipro_compare_to_TCS_and_Infosys\" title=\"How does Wipro compare to TCS and Infosys?\">How does Wipro compare to TCS and Infosys?<\/a><\/li><\/ul><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-28\" href=\"https:\/\/univest.in\/blogs-2\/why-is-wipro-share-price-falling\/#Also_Read\" title=\"Also Read\">Also Read<\/a><\/li><\/ul><\/nav><\/div>\n<h2 class=\"wp-block-heading\"><span class=\"ez-toc-section\" id=\"About_Wipro\"><\/span><strong>About Wipro<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h2><p><a href=\"https:\/\/univest.in\/user\/log-in\"><strong>Click Here \u2013 Get Free Investment Predictions<\/strong><\/a><\/p><p>Wipro Limited was founded in 1945 by M.H. Premji (originally as a vegetable oil company) and transformed into a global IT services leader under Azim Premji. Headquartered in Bengaluru, Wipro offers digital transformation, cloud, cybersecurity, data analytics, and AI consulting services to clients across BFSI, healthcare, manufacturing, retail, and technology sectors. The company is listed on NSE and BSE, with market cap of approximately \u20b92,62,320 crore as of December 2025.<\/p><p>Wipro operates in over 50 countries, serving Fortune 500 clients. CEO Srinivas Pallia, who took over in 2024, has been pushing an AI-first strategy. Despite solid operating cash flows ($474 million in Q3 FY26) and a healthy dividend yield, weak growth guidance has overshadowed the positives.<\/p><h2 class=\"wp-block-heading\"><span class=\"ez-toc-section\" id=\"Why_Is_Wipro_Share_Price_Falling_Key_Reasons\"><\/span><strong>Why Is Wipro Share Price Falling? Key Reasons<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h2><p><a href=\"https:\/\/univest.in\/user\/log-in\"><strong>Tap to Access Best Research Pieces on Univest<\/strong><\/a><\/p><h3 class=\"wp-block-heading\"><span class=\"ez-toc-section\" id=\"1_Weak_Q3_FY26_Guidance_Disappoints_Market\"><\/span><strong>1. Weak Q3 FY26 Guidance Disappoints Market<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h3><p>The biggest trigger for Wipro&#8217;s share price fall was its Q4 FY26 guidance, issued after Q3 FY26 results in January 2026. The company guided IT services revenue of $2,635 million to $2,688 million \u2014 implying sequential growth of just 0-2% in constant currency terms. Markets had expected a stronger guidance, and the muted outlook sent the stock down over 7% in a single session.<\/p><p>The gap between reported revenue growth (5.5% YoY in INR terms) and weak constant currency performance (-1.2% YoY) highlighted that rupee depreciation, not organic growth, was flattering the numbers. Investors focused on the constant currency reality.<\/p><h3 class=\"wp-block-heading\"><span class=\"ez-toc-section\" id=\"2_Large_Deal_Bookings_Decline\"><\/span><strong>2. Large Deal Bookings Decline<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h3><p>Total deal bookings for Q3 FY26 were $3.3 billion \u2014 down 5.7% YoY in constant currency. Large deal bookings were even weaker at $0.9 billion, declining 8.4% YoY. A slowing deal pipeline directly threatens future revenue visibility, and markets responded accordingly. Deal wins are a leading indicator of revenue 4-6 quarters ahead, so weakness here signals prolonged pressure.<\/p><h3 class=\"wp-block-heading\"><span class=\"ez-toc-section\" id=\"3_Net_Profit_Declines_Despite_Revenue_Growth\"><\/span><strong>3. Net Profit Declines Despite Revenue Growth<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h3><p>Wipro&#8217;s Q3 FY26 net profit stood at \u20b93,145 crore \u2014 down 3.9% QoQ and 7% YoY. The decline in profit despite marginal revenue growth points to margin compression. Operating margin challenges, partly from salary hikes and investments in AI capabilities, have reduced Wipro&#8217;s profitability even as the topline grows slowly.<\/p><h3 class=\"wp-block-heading\"><span class=\"ez-toc-section\" id=\"4_US_Tariff_Risks_and_IT_Tax_Uncertainty\"><\/span><strong>4. US Tariff Risks and IT Tax Uncertainty<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h3><p>There are unconfirmed reports that the US is considering taxes on foreign remote workers \u2014 a policy that could directly impact Indian IT companies like Wipro, which deploy thousands of visa workers in the US market. While not confirmed, the uncertainty has created a significant overhang on the entire Indian IT sector, with Wipro particularly affected given its US revenue concentration.<\/p><p>Additionally, US tariffs on Indian goods \u2014 the backdrop of global trade tensions \u2014 create a risk-off sentiment toward Indian equities broadly, with IT stocks among the first to see FII outflows.<\/p><h3 class=\"wp-block-heading\"><span class=\"ez-toc-section\" id=\"5_Jefferies_Adds_Wipro_to_Underperform_List\"><\/span><strong>5. Jefferies Adds Wipro to Underperform List<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h3><p>In March 2026, Jefferies added Wipro to its &#8216;Underperform&#8217; list, citing slow deal ramp-ups and weak growth outlook. The brokerage&#8217;s calculations suggested Wipro&#8217;s stock was pricing in INR revenue CAGR of 4-6% over FY26-36 \u2014 below the CAGR Wipro achieved over FY16-26. This is a structural downgrade, not just a near-term call, and further dampened institutional appetite.<\/p><p>With Nifty IT declining approximately 20% in a month by late February 2026 and Wipro underperforming even that weak sector, the stock entered a doom loop of FII outflows, momentum selling, and analyst downgrades.<\/p><h3 class=\"wp-block-heading\"><span class=\"ez-toc-section\" id=\"6_Broad_Sector_Weakness_AI_Disruption_Fear\"><\/span><strong>6. Broad Sector Weakness: AI Disruption Fear<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h3><p>Indian IT stocks face a structural challenge from AI \u2014 the fear that generative AI tools will reduce the demand for outsourced software development, testing, and maintenance. While this is a longer-term structural risk, it has been priced into IT valuations in 2026 with significant urgency. Wipro, like its peers, is investing heavily in AI \u2014 but the market is concerned about revenue displacement before AI-driven growth kicks in.<\/p><h2 class=\"wp-block-heading\"><span class=\"ez-toc-section\" id=\"Wipro_Latest_News_That_Impacted_the_Stock\"><\/span><strong>Wipro Latest News That Impacted the Stock<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h2><ul class=\"wp-block-list\"><li><strong>January 19, 2026:<\/strong> Q3 FY26 results \u2014 IT services revenue \u20b923,555.8 crore (5.5% YoY); net profit down 7% YoY. Stock falls 7%.<\/li>\n\n<li><strong>January 2026:<\/strong> Q4 FY26 guidance issued at 0-2% constant currency growth \u2014 lower than expected.<\/li>\n\n<li><strong>February 24, 2026:<\/strong> Nifty IT index falls ~3%; Wipro down 1.73% on the day; sector down ~20% in a month.<\/li>\n\n<li><strong>March 9, 2026:<\/strong> Wipro IT stocks outperform broader market marginally; IT stocks briefly stable.<\/li>\n\n<li><strong>March 11, 2026:<\/strong> Wipro enters deal with TruStage to transform its retirement services business \u2014 positive news but insufficient to reverse trend.<\/li>\n\n<li><strong>March 13, 2026:<\/strong> Jefferies adds Wipro to &#8216;Underperform&#8217; list citing slow deal ramp-ups and weak growth.<\/li>\n\n<li><strong>March 17, 2026:<\/strong> Stock hits 52-week low of \u20b9188.25. Trading below all key moving averages.<\/li><\/ul><h2 class=\"wp-block-heading\"><span class=\"ez-toc-section\" id=\"Financial_Performance_Analysis\"><\/span><strong>Financial Performance Analysis<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h2><figure class=\"wp-block-table\"><table class=\"has-fixed-layout\"><thead><tr><td><strong>Metric<\/strong><\/td><td><strong>Q3 FY26<\/strong><\/td><td><strong>Q3 FY25<\/strong><\/td><td><strong>YoY Change<\/strong><\/td><\/tr><\/thead><tbody><tr><td>Revenue (\u20b9 Cr)<\/td><td>23,555.8<\/td><td>22,319<\/td><td>+5.5%<\/td><\/tr><tr><td>Net Profit (\u20b9 Cr)<\/td><td>3,145<\/td><td>3,379<\/td><td>-7%<\/td><\/tr><tr><td>Large Deal TCV ($B)<\/td><td>0.9<\/td><td>0.98<\/td><td>-8.4%<\/td><\/tr><tr><td>Operating Margin (%)<\/td><td>17.5%<\/td><td>17.0%<\/td><td>Stable<\/td><\/tr><tr><td>CMP (\u20b9)<\/td><td>191<\/td><td>311<\/td><td>-39%<\/td><\/tr><tr><td>52-Week Low (\u20b9)<\/td><td>188.25<\/td><td>\u2014<\/td><td>\u2014<\/td><\/tr><\/tbody><\/table><\/figure><p>Wipro&#8217;s operating cash flow remains healthy at $474 million, and attrition has fallen to 14.2%, reducing hiring costs. The dividend yield at \u20b9188 is approximately 5.64% \u2014 attractive for income investors. For deep analysis, explore the<\/p><p><a href=\"https:\/\/univest.in\/screeners\"><strong>Univest Screener<\/strong><\/a><\/p><h2 class=\"wp-block-heading\"><span class=\"ez-toc-section\" id=\"Technical_Signals_What_the_Charts_Are_Saying\"><\/span><strong>Technical Signals: What the Charts Are Saying<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h2><p>Wipro is trading at approximately \u20b9191, below all key moving averages (5-day, 20-day, 50-day, 100-day, 200-day). The RSI is at approximately 39 \u2014 in selling territory but not yet deeply oversold. The 52-week high was \u20b9311; the 52-week low is \u20b9188.25. Key support: \u20b9185-190; resistance: \u20b9205-215.<\/p><p>A &#8216;death cross&#8217; \u2014 the 50-day DMA crossing below the 200-day DMA \u2014 has formed, a technically bearish signal typically followed by extended underperformance. Recovery above \u20b9220 would be the first technical signal of a trend reversal.<\/p><p><a href=\"http:\/\/apps.apple.com\/in\/app\/univest-stocks-investment\/id6443753518\" rel=\"nofollow noopener\" target=\"_blank\"><strong>Download the Univest iOS App<\/strong><\/a> <a href=\"http:\/\/play.google.com\/store\/apps\/details?id=com.univest.capp&amp;hl=en_IN\" rel=\"nofollow noopener\" target=\"_blank\"><strong>or the Univest Android App<\/strong><\/a><\/p><h2 class=\"wp-block-heading\"><span class=\"ez-toc-section\" id=\"Market_Sentiment_Institutional_Positioning\"><\/span><strong>Market Sentiment &amp; Institutional Positioning<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h2><p>FII outflows from Indian IT stocks have been persistent in 2026. Wipro&#8217;s ROE remains robust at 16.48%, and debt-to-equity is low \u2014 but these fundamentals have not been enough to prevent the selloff driven by macro concerns. Attrition at 14.2% is a positive, indicating workforce stabilisation, but deal booking declines mean future revenue visibility is limited.<\/p><h2 class=\"wp-block-heading\"><span class=\"ez-toc-section\" id=\"Future_Outlook_Can_Wipro_Recover\"><\/span><strong>Future Outlook: Can Wipro Recover?<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h2><figure class=\"wp-block-image size-large\"><img fetchpriority=\"high\" decoding=\"async\" width=\"1024\" height=\"536\" src=\"https:\/\/univest-blog.storage.googleapis.com\/blogs\/wp-content\/uploads\/2026\/03\/30165938\/Future-Outlookm-Can-Wipro-Recover-1024x536.jpg\" alt=\"Future Outlook: Can Wipro Recover?\" class=\"wp-image-65968\" srcset=\"https:\/\/univest-blog.storage.googleapis.com\/blogs\/wp-content\/uploads\/2026\/03\/30165938\/Future-Outlookm-Can-Wipro-Recover-1024x536.jpg 1024w, https:\/\/univest-blog.storage.googleapis.com\/blogs\/wp-content\/uploads\/2026\/03\/30165938\/Future-Outlookm-Can-Wipro-Recover-300x157.jpg 300w, https:\/\/univest-blog.storage.googleapis.com\/blogs\/wp-content\/uploads\/2026\/03\/30165938\/Future-Outlookm-Can-Wipro-Recover-768x402.jpg 768w, https:\/\/univest-blog.storage.googleapis.com\/blogs\/wp-content\/uploads\/2026\/03\/30165938\/Future-Outlookm-Can-Wipro-Recover-900x471.jpg 900w, https:\/\/univest-blog.storage.googleapis.com\/blogs\/wp-content\/uploads\/2026\/03\/30165938\/Future-Outlookm-Can-Wipro-Recover-600x314.jpg 600w, https:\/\/univest-blog.storage.googleapis.com\/blogs\/wp-content\/uploads\/2026\/03\/30165938\/Future-Outlookm-Can-Wipro-Recover-150x79.jpg 150w, https:\/\/univest-blog.storage.googleapis.com\/blogs\/wp-content\/uploads\/2026\/03\/30165938\/Future-Outlookm-Can-Wipro-Recover.jpg 1200w\" sizes=\"(max-width: 1024px) 100vw, 1024px\" \/><\/figure><p>Wipro has built a genuine AI practice and is investing in generative AI tools for clients across BFSI and healthcare. The company&#8217;s deal pipeline in managed services remains steady, and its global delivery model allows flexible cost management. Dividend yield of ~5.6% at current levels provides income support.<\/p><p>The counterargument: Wipro has consistently underperformed TCS and Infosys in revenue growth over the past five years. Its 5-year CAGR of -9.24% tells a story of structural underperformance. An AI-first strategy requires execution, and Wipro&#8217;s track record on capturing industry tailwinds has been mixed.<\/p><h2 class=\"wp-block-heading\"><span class=\"ez-toc-section\" id=\"Wipro_Share_Price_Target\"><\/span><strong>Wipro Share Price Target<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h2><p><a href=\"https:\/\/univest.in\/user\/log-in\"><strong>Subscribe to Univest Pro for Premium Stock Research and F&amp;O Setups<\/strong><\/a><\/p><h3 class=\"wp-block-heading\"><span class=\"ez-toc-section\" id=\"Short-Term_Target_3-6_Months\"><\/span><strong>Short-Term Target (3-6 Months)<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h3><p>Conservative: \u20b9190-205, contingent on any positive Q4 FY26 deal announcement. If Q4 guidance comes in above 2% constant currency growth, the stock could rally toward \u20b9220.<\/p><h3 class=\"wp-block-heading\"><span class=\"ez-toc-section\" id=\"12-Month_Analyst_Target\"><\/span><strong>12-Month Analyst Target<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h3><p>Analyst consensus 12-month target is approximately \u20b9260, per multiple forecasting frameworks \u2014 implying ~36% upside from current \u20b9191. Jefferies, post-downgrade, is more cautious. Infosys-aligned brokerages who have downgraded the sector broadly see moderation to \u20b9220-250 as more realistic.<\/p><h3 class=\"wp-block-heading\"><span class=\"ez-toc-section\" id=\"Long-Term_Target_2027-2028\"><\/span><strong>Long-Term Target (2027-2028)<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h3><p>Prediction models suggest Wipro could trade near \u20b9275-285 by late 2026 under moderate conditions, and \u20b9328-339 by end of 2027, based on steady business growth and sector normalisation. These assume a recovery in global IT spending and no further US tariff escalation. Track the live target on the<\/p><p><a href=\"https:\/\/univest.in\/screeners\"><strong>Univest Screener<\/strong><\/a><\/p><h2 class=\"wp-block-heading\"><span class=\"ez-toc-section\" id=\"Conclusion\"><\/span><strong>Conclusion<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h2><p>Wipro shares are falling because the market has repriced the entire Indian IT sector lower on weak growth visibility, large deal slowdown, and AI disruption fears \u2014 with Wipro specifically hurt by its 7% net profit decline, Jefferies&#8217; Underperform addition, and proximity to its 52-week low. The 12-month analyst target of ~\u20b9260 implies meaningful recovery potential, but patience and monitoring of quarterly deal wins are essential.<\/p><p><em>This article is for informational purposes only. Please conduct your own research and consult a SEBI-registered financial advisor before making any investment decisions.<\/em><\/p><h2 class=\"wp-block-heading\"><span class=\"ez-toc-section\" id=\"FAQs\"><\/span><strong>FAQs<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h2><h3 class=\"wp-block-heading\"><span class=\"ez-toc-section\" id=\"Why_is_Wipro_share_price_falling_in_2026\"><\/span><strong>Why is Wipro share price falling in 2026?<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h3><p>Wipro shares are falling due to weak Q4 FY26 guidance (0-2% constant currency growth), a 7% YoY decline in Q3 net profit to \u20b93,145 crore, large deal bookings declining 8.4%, and Jefferies adding the stock to its Underperform list. Broader IT sector headwinds \u2014 including AI disruption fears, US tariff uncertainty, and FII outflows from tech stocks \u2014 have amplified the fall.<\/p><h3 class=\"wp-block-heading\"><span class=\"ez-toc-section\" id=\"What_is_Wipro_share_price_target_for_2026\"><\/span><strong>What is Wipro share price target for 2026?<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h3><p>Multiple analyst frameworks suggest a 12-month target of approximately \u20b9260 for Wipro, with a range of \u20b9220-280. At the current price of ~\u20b9191, this implies 15-45% upside depending on which framework you follow. Jefferies is more bearish. The stock needs confirmed deal momentum and constant currency growth above 2% to re-rate.<\/p><h3 class=\"wp-block-heading\"><span class=\"ez-toc-section\" id=\"Is_Wipro_stock_a_good_buy_at_current_levels\"><\/span><strong>Is Wipro stock a good buy at current levels?<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h3><p>At 5.6% dividend yield and near 52-week lows, Wipro offers income appeal for long-term investors. However, the lack of growth catalysts in the near term makes it a &#8216;value trap&#8217; risk. Most analysts recommend waiting for Q4 FY26 results and deal pipeline updates before initiating new positions.<\/p><h3 class=\"wp-block-heading\"><span class=\"ez-toc-section\" id=\"Why_did_Jefferies_add_Wipro_to_underperform\"><\/span><strong>Why did Jefferies add Wipro to underperform?<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h3><p>Jefferies added Wipro to its Underperform list in March 2026 citing slow deal ramp-ups, a weak medium-term growth outlook, and earnings risk. The brokerage&#8217;s analysis suggested the stock was pricing in revenue CAGR of just 4-6% over the next decade \u2014 below the growth Wipro achieved in the past decade, and below what peers like Infosys and TCS can deliver.<\/p><h3 class=\"wp-block-heading\"><span class=\"ez-toc-section\" id=\"What_is_Wipros_market_cap_and_PE_ratio\"><\/span><strong>What is Wipro&#8217;s market cap and PE ratio?<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h3><p>Wipro&#8217;s market cap is approximately \u20b92,10,000 crore at the current price of \u20b9191 (late March 2026). The P\/E ratio is approximately 18-20x trailing earnings \u2014 below its 5-year historical average of 22-25x, suggesting moderate value. ROE is 16.48%, which is healthy for an IT services company.<\/p><h3 class=\"wp-block-heading\"><span class=\"ez-toc-section\" id=\"What_is_Wipros_dividend_yield\"><\/span><strong>What is Wipro&#8217;s dividend yield?<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h3><p>Wipro has a high dividend yield of approximately 5.6% at the current price of \u20b9188-191. This is significantly above the Nifty 50 average dividend yield of ~1.3% and comparable to fixed deposit rates, making it attractive for income-focused investors willing to hold through the earnings uncertainty.<\/p><h3 class=\"wp-block-heading\"><span class=\"ez-toc-section\" id=\"What_are_the_recovery_catalysts_for_Wipro\"><\/span><strong> What are the recovery catalysts for Wipro?<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h3><p>Key recovery triggers: a larger-than-expected deal win announcement, positive Q4 FY26 results with &gt;2% constant currency growth guidance for FY27, revival in US corporate IT spending, clarity on the US tariff\/tax policy for IT workers, and a sector re-rating if AI transition fears moderate. A CEO-driven transformation announcement or a large M&amp;A deal could also provide a catalyst.<\/p><h3 class=\"wp-block-heading\"><span class=\"ez-toc-section\" id=\"How_does_Wipro_compare_to_TCS_and_Infosys\"><\/span><strong>How does Wipro compare to TCS and Infosys?<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h3><p>Wipro has consistently underperformed TCS and Infosys on revenue growth, margin expansion, and stock returns over 5 years. Its 5-year stock CAGR is approximately -9%, while TCS and Infosys have delivered positive CAGRs. However, at a 20x P\/E versus TCS at 25x and Infosys at 22x, Wipro trades at a discount \u2014 partly deserved and partly an opportunity for patient investors.<\/p><p><em>Investments in securities are subject to market risk. Please read all related documents before investing. This content is for educational purposes only and does not constitute investment advice.<\/em><\/p><h2 class=\"wp-block-heading\"><span class=\"ez-toc-section\" id=\"Also_Read\"><\/span><strong>Also Read<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h2><p><a href=\"https:\/\/univest.in\/blogs\/why-is-krbl-share-price-falling\"><strong>Why is KRBL Share Price Falling? Check Next Share Price Target&nbsp;<\/strong><\/a><\/p><p><a href=\"https:\/\/univest.in\/blogs\/why-is-reliance-infrastructures-share-price-falling\"><strong>Why is Reliance Infrastructures Share Price Falling? Check Next Share Price Target&nbsp;<\/strong><\/a><\/p><p><a href=\"https:\/\/univest.in\/blogs\/why-is-mahanagar-gas-share-price-falling\"><strong>Why is Mahanagar Gas Share Price Falling? Check Next Share Price Target&nbsp;<\/strong><\/a><\/p><p><a href=\"https:\/\/univest.in\/blogs\/why-is-happiest-minds-share-price-falling\"><strong>Why is Happiest Minds Share Price Falling? Check Next Share Price Target&nbsp;<\/strong><\/a><\/p>","protected":false},"excerpt":{"rendered":"<p>Wipro Limited (NSE: WIPRO) \u2014 India&#8217;s fourth-largest IT services company \u2014 has had one of the most painful runs in the Indian IT sector in 2026. The stock touched a 52-week low of \u20b9188.25 in March 2026, down from a peak of \u20b9311, representing a decline of approximately 40%. For a company with $11 billion<\/p>\n","protected":false},"author":29,"featured_media":65969,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[842],"tags":[3802,3818],"class_list":["post-65967","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-news","tag-news","tag-share-price-falling"],"metadata":{"_edit_lock":["1774870474:28"],"_last_editor_used_jetpack":["block-editor"],"rank_math_internal_links_processed":["1"],"amazonS3_cache":["a:4:{s:85:\"\/\/univest.in\/blogs-2\/wp-content\/uploads\/2026\/03\/Future-Outlookm-Can-Wipro-Recover.jpg\";a:2:{s:2:\"id\";i:65968;s:11:\"source_type\";s:13:\"media-library\";}s:94:\"\/\/univest.in\/blogs-2\/wp-content\/uploads\/2026\/03\/Future-Outlookm-Can-Wipro-Recover-1024x536.jpg\";a:2:{s:2:\"id\";i:65968;s:11:\"source_type\";s:13:\"media-library\";}s:117:\"\/\/univest-blog.storage.googleapis.com\/blogs\/wp-content\/uploads\/2026\/03\/30165938\/Future-Outlookm-Can-Wipro-Recover.jpg\";a:2:{s:2:\"id\";i:65968;s:11:\"source_type\";s:13:\"media-library\";}s:126:\"\/\/univest-blog.storage.googleapis.com\/blogs\/wp-content\/uploads\/2026\/03\/30165938\/Future-Outlookm-Can-Wipro-Recover-1024x536.jpg\";a:2:{s:2:\"id\";i:65968;s:11:\"source_type\";s:13:\"media-library\";}}"],"rank_math_primary_category":["842"],"rank_math_seo_score":["81"],"rank_math_description":["Wipro shares have hit a 52-week low of \u20b9188 \u2014 down 42% from highs. 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