Pending — not yet graded
Maintains an 'underperform' rating on Wipro with a price target of ₹150, citing Q1 results and Q2 guidance as key negative surprises. The brokerage expects Wipro to struggle with organic revenue growth through FY27 and projects a 5% EPS CAGR for FY27-29, making the risk-reward unattractive even with the 5% dividend yield.

Jefferies Analysis’s track record: 3 graded calls · 95% CI 44–100%

WiproBearishCalled 17 Jul 2026
Verdict:PENDING

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Tracking Wipro since this call

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