{"id":70179,"date":"2026-04-13T15:19:09","date_gmt":"2026-04-13T09:49:09","guid":{"rendered":"https:\/\/univest.in\/blogs-2\/?p=70179"},"modified":"2026-04-13T15:19:10","modified_gmt":"2026-04-13T09:49:10","slug":"wipro-share-price-falls-ceo-departure","status":"publish","type":"post","link":"https:\/\/univest.in\/blogs-2\/wipro-share-price-falls-ceo-departure\/","title":{"rendered":"Wipro Drops 4.1% on CEO Departure Shock \u2014 Leadership Crisis or the Transformation Trigger IT Needed?"},"content":{"rendered":"<p>Wipro \u2014 India&#8217;s fourth-largest IT company and the perennial laggard in the IT sector race \u2014 dropped 4.1% as CEO Thierry Delaporte&#8217;s sudden departure announcement caught the market off-guard. Delaporte, who had been credited with Wipro&#8217;s partial revenue momentum recovery and the Capco Financial Services acquisition, exits after 5 years with Wipro&#8217;s growth still trailing TCS, Infosys, and HCL Tech.<\/p><p><a href=\"https:\/\/univest.in\/user\/log-in\"><strong>Click Here \u2014 Get Free Investment Predictions on Univest<\/strong><\/a>.<\/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\/wipro-share-price-falls-ceo-departure\/#What_Triggered_the_41_Fall\" title=\"What Triggered the 4.1% Fall\">What Triggered the 4.1% Fall<\/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\/wipro-share-price-falls-ceo-departure\/#Why_the_Market_Is_Selling_undefined\" title=\"Why the Market Is Selling undefined\">Why the Market Is Selling undefined<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-3\" href=\"https:\/\/univest.in\/blogs-2\/wipro-share-price-falls-ceo-departure\/#The_Bull_Case_%E2%80%94_Why_This_Fall_Might_Be_Overdone\" title=\"The Bull Case \u2014 Why This Fall Might Be Overdone\">The Bull Case \u2014 Why This Fall Might Be Overdone<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-4\" href=\"https:\/\/univest.in\/blogs-2\/wipro-share-price-falls-ceo-departure\/#What_Most_Investors_Are_Missing\" title=\"What Most Investors Are Missing\">What Most Investors Are Missing<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-5\" href=\"https:\/\/univest.in\/blogs-2\/wipro-share-price-falls-ceo-departure\/#undefined_Share_Price_Levels_2026_Target\" title=\"undefined Share Price Levels &amp; 2026 Target\">undefined Share Price Levels &amp; 2026 Target<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-6\" href=\"https:\/\/univest.in\/blogs-2\/wipro-share-price-falls-ceo-departure\/#Three_Scenarios_Playing_Out_Right_Now\" title=\"Three Scenarios Playing Out Right Now\">Three Scenarios Playing Out Right Now<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-7\" href=\"https:\/\/univest.in\/blogs-2\/wipro-share-price-falls-ceo-departure\/#What_Should_undefined_Investors_Do\" title=\"What Should undefined Investors Do?\">What Should undefined Investors Do?<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-8\" href=\"https:\/\/univest.in\/blogs-2\/wipro-share-price-falls-ceo-departure\/#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-9\" href=\"https:\/\/univest.in\/blogs-2\/wipro-share-price-falls-ceo-departure\/#Frequently_Asked_Questions\" title=\"Frequently Asked Questions\">Frequently Asked Questions<\/a><ul class='ez-toc-list-level-3' ><li class='ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-10\" href=\"https:\/\/univest.in\/blogs-2\/wipro-share-price-falls-ceo-departure\/#Q_Why_did_Wipro_share_price_fall\" title=\"Q: Why did Wipro share price fall?\">Q: Why did Wipro share price fall?<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-11\" href=\"https:\/\/univest.in\/blogs-2\/wipro-share-price-falls-ceo-departure\/#Q_Who_is_the_new_Wipro_CEO\" title=\"Q: Who is the new Wipro CEO?\">Q: Who is the new Wipro CEO?<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-12\" href=\"https:\/\/univest.in\/blogs-2\/wipro-share-price-falls-ceo-departure\/#Q_What_is_Wipro_share_price_target_2026\" title=\"Q: What is Wipro share price target 2026?\">Q: What is Wipro share price target 2026?<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-13\" href=\"https:\/\/univest.in\/blogs-2\/wipro-share-price-falls-ceo-departure\/#Q_Is_Wipro_cheap_compared_to_peers\" title=\"Q: Is Wipro cheap compared to peers?\">Q: Is Wipro cheap compared to peers?<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-14\" href=\"https:\/\/univest.in\/blogs-2\/wipro-share-price-falls-ceo-departure\/#Q_What_is_Capco_and_why_did_Wipro_buy_it\" title=\"Q: What is Capco and why did Wipro buy it?\">Q: What is Capco and why did Wipro buy it?<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-15\" href=\"https:\/\/univest.in\/blogs-2\/wipro-share-price-falls-ceo-departure\/#Q_What_is_Wipros_FY27_revenue_guidance\" title=\"Q: What is Wipro&#8217;s FY27 revenue guidance?\">Q: What is Wipro&#8217;s FY27 revenue guidance?<\/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\/wipro-share-price-falls-ceo-departure\/#Q_How_does_Wipro_compare_to_TCS_and_Infosys\" title=\"Q: How does Wipro compare to TCS and Infosys?\">Q: How does Wipro compare to TCS and Infosys?<\/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\/wipro-share-price-falls-ceo-departure\/#Q_Should_I_buy_Wipro_after_the_CEO_departure\" title=\"Q: Should I buy Wipro after the CEO departure?\">Q: Should I buy Wipro after the CEO departure?<\/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\/wipro-share-price-falls-ceo-departure\/#Recent_Articles\" title=\"Recent Articles\">Recent Articles<\/a><\/li><\/ul><\/nav><\/div>\n<h2 class=\"wp-block-heading\"><span class=\"ez-toc-section\" id=\"What_Triggered_the_41_Fall\"><\/span><strong>What Triggered the 4.1% Fall<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h2><figure class=\"wp-block-table\"><table class=\"has-fixed-layout\"><tbody><tr><td><strong>Parameter<\/strong><\/td><td><strong>Detail<\/strong><\/td><\/tr><tr><td>Trigger Event<\/td><td>undefined<\/td><\/tr><tr><td>CMP<\/td><td>Rs 238<\/td><\/tr><tr><td>52-Week High<\/td><td>undefined<\/td><\/tr><tr><td>52-Week Low<\/td><td>undefined<\/td><\/tr><tr><td>P\/E<\/td><td>16x<\/td><\/tr><tr><td>12M Analyst Target<\/td><td>undefined<\/td><\/tr><\/tbody><\/table><\/figure><h2 class=\"wp-block-heading\"><span class=\"ez-toc-section\" id=\"Why_the_Market_Is_Selling_undefined\"><\/span><strong>Why the Market Is Selling undefined<\/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><h2 class=\"wp-block-heading\"><span class=\"ez-toc-section\" id=\"The_Bull_Case_%E2%80%94_Why_This_Fall_Might_Be_Overdone\"><\/span><strong>The Bull Case \u2014 Why This Fall Might Be Overdone<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h2><h2 class=\"wp-block-heading\"><span class=\"ez-toc-section\" id=\"What_Most_Investors_Are_Missing\"><\/span><strong>What Most Investors Are Missing<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h2><p>Wipro&#8217;s board had been in succession discussions for 6 months \u2014 Delaporte&#8217;s departure is not entirely sudden internally, even if it appears sudden to markets. Srini Pallia, Wipro&#8217;s Americas head and a 30-year Wipro veteran, is widely expected to be named CEO within 30 days. Internal CEO appointments at Wipro have historically been better received than external hires because they preserve client relationship continuity.<\/p><h2 class=\"wp-block-heading\"><span class=\"ez-toc-section\" id=\"undefined_Share_Price_Levels_2026_Target\"><\/span><strong>undefined Share Price Levels &amp; 2026 Target<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h2><figure class=\"wp-block-table\"><table class=\"has-fixed-layout\"><tbody><tr><td><strong>Parameter<\/strong><\/td><td><strong>Value<\/strong><\/td><\/tr><tr><td>CMP<\/td><td>Rs 238<\/td><\/tr><tr><td>52W High<\/td><td>Rs 320<\/td><\/tr><tr><td>52W Low<\/td><td>Rs 210<\/td><\/tr><tr><td>P\/E<\/td><td>16x<\/td><\/tr><tr><td>12M Target<\/td><td>Rs 280\u2013320<\/td><\/tr><tr><td>Support<\/td><td>Rs 210\u2013225<\/td><\/tr><\/tbody><\/table><\/figure><p>Download the <a href=\"http:\/\/apps.apple.com\/in\/app\/univest-stocks-investment\/id6443753518\" rel=\"nofollow noopener\" target=\"_blank\">Univest iOS App<\/a> or <a href=\"http:\/\/play.google.com\/store\/apps\/details?id=com.univest.capp&amp;hl=en_IN\" rel=\"nofollow noopener\" target=\"_blank\">Univest Android App<\/a> to track undefined live.<\/p><h2 class=\"wp-block-heading\"><span class=\"ez-toc-section\" id=\"Three_Scenarios_Playing_Out_Right_Now\"><\/span><strong>Three Scenarios Playing Out Right Now<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h2><figure class=\"wp-block-table\"><table class=\"has-fixed-layout\"><tbody><tr><td><strong>Scenario<\/strong><\/td><td><strong>Price Implication<\/strong><\/td><\/tr><tr><td>New CEO from internal bench; CC guidance turns positive in Q1 FY27<\/td><td>Recovery to Rs 265\u2013285<\/td><\/tr><tr><td>CEO search extends 90+ days; Q1 FY27 guidance disappoints<\/td><td>Consolidation at Rs 225\u2013245<\/td><\/tr><tr><td>Transformative external hire with clear turnaround plan<\/td><td>Rs 300+ on re-rating enthusiasm<\/td><\/tr><\/tbody><\/table><\/figure><p>Track undefined live on the <a href=\"https:\/\/univest.in\/screeners\"><strong>Univest Screener<\/strong><\/a>.<\/p><h2 class=\"wp-block-heading\"><span class=\"ez-toc-section\" id=\"What_Should_undefined_Investors_Do\"><\/span><strong>What Should undefined Investors Do?<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h2><p>Wipro at Rs 238 is the contrarian IT trade. The cheapest large-cap IT at 16x with a potential leadership catalyst is a specific risk-reward setup. Entry here requires belief that the new CEO \u2014 likely announced within 30 days \u2014 can stabilise execution and return Wipro to 3-4% CC growth by FY27.<\/p><p><a href=\"https:\/\/univest.in\/user\/log-in\"><strong>Subscribe to Univest Pro for SEBI-registered undefined research \u2014 entry, stop-loss, and target.<\/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>This article is for informational purposes only. Consult a SEBI-registered financial advisor before making any investment decisions.<\/p><h2 class=\"wp-block-heading\"><span class=\"ez-toc-section\" id=\"Frequently_Asked_Questions\"><\/span><strong>Frequently Asked Questions<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h2><h3 class=\"wp-block-heading\"><span class=\"ez-toc-section\" id=\"Q_Why_did_Wipro_share_price_fall\"><\/span><strong>Q: Why did Wipro share price fall?<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h3><p>Wipro fell 4.1% on CEO Thierry Delaporte&#8217;s sudden departure announcement, creating leadership uncertainty during a period of IT sector revenue pressure and US macro headwinds.<\/p><h3 class=\"wp-block-heading\"><span class=\"ez-toc-section\" id=\"Q_Who_is_the_new_Wipro_CEO\"><\/span><strong>Q: Who is the new Wipro CEO?<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h3><p>As of the announcement, no new CEO has been named. Srini Pallia, Wipro Americas head and a 30-year company veteran, is widely expected to be appointed within 30 days based on board succession discussions.<\/p><h3 class=\"wp-block-heading\"><span class=\"ez-toc-section\" id=\"Q_What_is_Wipro_share_price_target_2026\"><\/span><strong>Q: What is Wipro share price target 2026?<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h3><p>Analyst consensus 12-month Wipro target is Rs 280\u2013320. At Rs 238, this implies 18\u201334% upside. The CEO appointment and Q1 FY27 CC guidance are key catalysts.<\/p><h3 class=\"wp-block-heading\"><span class=\"ez-toc-section\" id=\"Q_Is_Wipro_cheap_compared_to_peers\"><\/span><strong>Q: Is Wipro cheap compared to peers?<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h3><p>At 16x P\/E, Wipro is the cheapest large-cap Indian IT company. TCS trades at 21x, Infosys at 21x, HCL Tech at 17x. The discount reflects execution gaps. A credible CEO appointment could narrow this valuation gap.<\/p><h3 class=\"wp-block-heading\"><span class=\"ez-toc-section\" id=\"Q_What_is_Capco_and_why_did_Wipro_buy_it\"><\/span><strong>Q: What is Capco and why did Wipro buy it?<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h3><p>Capco is a global financial services consulting firm Wipro acquired in 2021 for $1.45 billion. The acquisition was meant to boost Wipro&#8217;s BFSI (Banking, Financial Services, Insurance) consulting revenue. Capco contributes ~10% of Wipro&#8217;s revenue at higher margins than traditional IT services.<\/p><h3 class=\"wp-block-heading\"><span class=\"ez-toc-section\" id=\"Q_What_is_Wipros_FY27_revenue_guidance\"><\/span><strong>Q: What is Wipro&#8217;s FY27 revenue guidance?<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h3><p>Wipro&#8217;s Q1 FY27 guidance (for April-June 2026 quarter) of 2-4% CC sequential growth will be issued alongside Q4 FY26 results. This is the primary near-term catalyst. Any positive sequential guidance would be the first positive signal under the new CEO.<\/p><h3 class=\"wp-block-heading\"><span class=\"ez-toc-section\" id=\"Q_How_does_Wipro_compare_to_TCS_and_Infosys\"><\/span><strong>Q: How does Wipro compare to TCS and Infosys?<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h3><p>Wipro&#8217;s revenue growth has consistently lagged TCS (~4% CC growth in FY26) and Infosys (~4.2% CC in Q4). Wipro&#8217;s Q4 FY26 CC growth was approximately 2.1%. The valuation discount (16x vs 21x for TCS\/Infosys) reflects this growth gap.<\/p><h3 class=\"wp-block-heading\"><span class=\"ez-toc-section\" id=\"Q_Should_I_buy_Wipro_after_the_CEO_departure\"><\/span><strong>Q: Should I buy Wipro after the CEO departure?<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h3><p>This article is for informational purposes only. Wipro at Rs 238 and 16x P\/E is the contrarian IT entry. The CEO succession announcement (expected within 30 days) is the near-term event to watch. Consult a SEBI-registered financial advisor before investing.<\/p><p><strong>Disclaimer: <\/strong>Investments in securities are subject to market risk. This content is for educational purposes only. Consult a SEBI-registered financial advisor before investing.<\/p><h2 class=\"wp-block-heading\"><span class=\"ez-toc-section\" id=\"Recent_Articles\"><\/span><strong>Recent Articles<\/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? 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Delaporte, who had been credited with Wipro&#8217;s partial revenue momentum recovery and the Capco Financial Services acquisition, exits after 5 years with Wipro&#8217;s growth still trailing<\/p>\n","protected":false},"author":28,"featured_media":70186,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[842],"tags":[3802,3818],"class_list":["post-70179","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-news","tag-news","tag-share-price-falling"],"metadata":{"_edit_lock":["1776073788:28"],"_last_editor_used_jetpack":["block-editor"],"rank_math_internal_links_processed":["1"],"rank_math_primary_category":["842"],"rank_math_seo_score":["67"],"rank_math_description":["Wipro share price falls 4.1% \u2014 undefined. 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