⚠ Disclaimer: This report is generated using AI tools and is for informational purposes only. It does not constitute investment advice. Please consult a registered financial advisor before making any investment decisions.
WIPRO - Swing Trade Analysis with AI Signals
Back to ListSwing Trade Rating: 3.0
| Stock Code | WIPRO | Market Cap | 2,45,227 Cr. | Current Price | 234 ₹ | High / Low | 324 ₹ |
| Stock P/E | 20.4 | Book Value | 61.5 ₹ | Dividend Yield | 4.70 % | ROCE | 23.0 % |
| ROE | 17.8 % | Face Value | 2.00 ₹ | DMA 50 | 251 ₹ | DMA 200 | 254 ₹ |
| Chg in FII Hold | -0.23 % | Chg in DII Hold | 0.52 % | PAT Qtr | 2,782 Cr. | PAT Prev Qtr | 2,614 Cr. |
| RSI | 34.5 | MACD | -5.92 | Volume | 2,72,51,632 | Avg Vol 1Wk | 1,90,04,620 |
| Low price | 225 ₹ | High price | 324 ₹ | PEG Ratio | -5.10 | Debt to equity | 0.12 |
| 52w Index | 8.68 % | Qtr Profit Var | -2.06 % | EPS | 11.5 ₹ | Industry PE | 24.8 |
📊 WIPRO shows moderate potential for swing trading. Strong fundamentals and dividend yield provide stability, but weak technical indicators and declining momentum limit short-term upside. Entry is favorable near support levels, while exits should be timed around resistance zones.
Positive ✅
- ROCE (23.0%) and ROE (17.8%) reflect strong capital efficiency.
- Dividend yield of 4.70% provides attractive shareholder returns.
- EPS of 11.5 ₹ supports earnings strength.
- Quarterly PAT at 2,782 Cr. is higher than previous quarter (2,614 Cr.), showing operational improvement.
- Stock P/E (20.4) is lower than industry average (24.8), suggesting fair valuation.
- Strong trading volume (2.72 Cr.) compared to weekly average, indicating active market participation.
Limitation ⚠️
- Current price (234 ₹) is below both 50 DMA (251 ₹) and 200 DMA (254 ₹), showing technical weakness.
- RSI at 34.5 indicates oversold conditions, reflecting weak momentum.
- MACD (-5.92) signals bearish trend continuation.
- PEG ratio (-5.10) suggests poor growth prospects.
- 52-week performance (+8.68%) is relatively weak compared to peers.
Company Negative News ❌
- Quarterly profit variation (-2.06%) highlights earnings pressure despite higher PAT.
- Decline in FII holdings (-0.23%) reflects reduced foreign investor confidence.
Company Positive News 🌟
- DII holdings increased (+0.52%), showing domestic institutional support.
- Dividend yield of 4.70% adds stability for investors.
Industry 📈
- Industry P/E at 24.8 is slightly higher, suggesting sector growth potential compared to WIPRO’s valuation.
- IT services sector demand remains resilient with global digital transformation trends.
Conclusion 📝
WIPRO is a moderately attractive swing trade candidate with strong fundamentals but weak technicals. Optimal entry would be near 225–230 ₹ support if RSI stabilizes. For existing holders, consider exiting around 250–255 ₹ (near DMA resistance) on rebounds, as upside is capped by weak momentum and limited growth prospects.