WIPRO - Swing Trade Analysis with AI Signals
Back to List📊 Swing Trade Rating: 3.3
| Stock Code | WIPRO | Market Cap | 2,10,565 Cr. | Current Price | 201 ₹ | High / Low | 273 ₹ |
| Stock P/E | 17.4 | Book Value | 60.7 ₹ | Dividend Yield | 5.48 % | ROCE | 23.9 % |
| ROE | 19.2 % | Face Value | 2.00 ₹ | DMA 50 | 206 ₹ | DMA 200 | 232 ₹ |
| Chg in FII Hold | 0.10 % | Chg in DII Hold | -0.52 % | PAT Qtr | 3,037 Cr. | PAT Prev Qtr | 2,782 Cr. |
| RSI | 48.1 | MACD | 0.02 | Volume | 89,02,929 | Avg Vol 1Wk | 1,64,70,342 |
| Low price | 186 ₹ | High price | 273 ₹ | PEG Ratio | 1.78 | Debt to equity | 0.13 |
| 52w Index | 16.4 % | Qtr Profit Var | 3.91 % | EPS | 11.6 ₹ | Industry PE | 21.1 |
WIPRO shows moderate potential for swing trading. The RSI (48.1) indicates neutrality, while MACD (0.02) suggests flat momentum. The stock is trading slightly below its 50 DMA (206 ₹) and well below its 200 DMA (232 ₹), reflecting longer-term weakness. Fundamentals are decent with ROCE (23.9%) and ROE (19.2%), and dividend yield is attractive at 5.48%. However, valuation is fair (P/E 17.4 vs industry 21.1), and quarterly PAT growth (+3.91%) is modest.
✅ Entry Price: Best entry zone is around 195–200 ₹, near support levels.
📤 Exit Strategy: If already holding, aim to exit near 220–225 ₹ resistance, or cut losses if price falls below 190 ₹.
🌟 Positive
- Strong ROCE (23.9%) and ROE (19.2%), showing efficient capital use.
- Attractive dividend yield of 5.48%.
- Quarterly PAT growth (+3.91%) indicates stability.
⚠️ Limitation
- Stock trading below 200 DMA (232 ₹), showing long-term weakness.
- Volume lower than weekly average, reflecting reduced investor activity.
- Modest EPS (11.6 ₹) compared to valuation.
📰 Company Negative News
- No major negative news reported, but DII holdings decreased (-0.52%), showing reduced domestic confidence.
📈 Company Positive News
- Quarterly PAT improved (3,037 Cr. vs 2,782 Cr.).
- FII holdings increased slightly (+0.10%), showing foreign investor support.
- Dividend yield remains strong, attracting income-focused investors.
🏭 Industry
- Industry P/E at 21.1 indicates moderate valuation.
- WIPRO trades slightly below industry average, suggesting fair pricing.
🔎 Conclusion
WIPRO is a stable company with strong efficiency ratios and attractive dividend yield. However, weak long-term trend and modest growth limit upside potential. It is a fair candidate for swing trading if entered near 195–200 ₹ and exited near 220–225 ₹. Risk management is important due to subdued momentum and lower trading volumes.