Pending — not yet graded
JPMorgan has retained its 'Underweight' rating on Wipro, setting a price target of ₹155 per share, implying a 10.43% downside from its Monday closing price. This bearish outlook is driven by ongoing AI-led deflation on contract renewals, a trend expected to persist for another four to six quarters, impacting the company's broader portfolio despite strong overall demand.
WiproBearishCalled 08 Sep 2026
Verdict:PENDING

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