WIT

Wipro Ltd.'s stock price has declined by 39.49% in the past year (September 15, 2025, to September 10, 2026) and by 18.75% over the past six months. Recent events include a sequential decline in IT services revenue by 1.2% in constant currency during the June quarter of fiscal year 2027, despite significant large deal bookings. The services' operating margin also declined to 16.0% in the same quarter, down from 17.2% in the prior fiscal year. This performance is attributed to cautious client spending, longer decision cycles, investments in artificial intelligence capabilities, and elevated delivery and transition costs. In April 2026, the average one-year price target for Wipro Limited - Depositary Receipt (NYSE:WIT) was decreased by 18.55% to $2.18 per share.