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Wipro Limited (WIT)

Technology | Information Technology Services | Bengaluru, India | NYSE
2.13 USD -0.01 (-0.467%) ⇩ (April 21, 2026, 4 p.m. EDT)

Short-term:★★☆☆☆Long-term:★★★☆☆Dividends:★★★☆☆
Hot Take | April 19, 2026, 1:18 a.m. EDT

Wipro trades as a classic 'value trap' with a massive 8.7% dividend yield masking deteriorating core earnings growth (-1.6%) and a near-neutral consensus recommendation. The high dividend payout ratio (88%) is technocratically unsustainable at current margins, yet the buyback program actively offsets cash flow erosion for existing shareholders. While the short-term bounce on 'chip assembly hype' and low IV offers a discounted entry for income-focused portfolios, the lack of fundamental growth acceleration and mixed analyst consensus make it a mediocre long-term hold, best viewed as a defensive utility rather than a tech growth story.

Model Selection — Backtest MAE (log-scale, lower is better)
ModelMAE
MSTL ✓0.126916
AutoETS0.139573
AutoARIMA0.139573
AutoTheta0.140987

Forecast horizon: 45 days | Selected: MSTL

Forecast Reliability
Score 52%
H-stat 3.24
Ljung-Box p 0.000
Jarque-Bera p 0.058
Excess Kurtosis -0.18
Attribute Value
Sector Technology
Ex Dividend Date 2026-01-26
Last Dividend Date 2025-07-27
Debt to Equity Ratio 22.853
Revenue per Share 88.431
Market Cap 22,781,974,528
Trailing P/E 15.21
Forward P/E 13.38
Beta 0.38
Profit Margins 14.25%
Website https://www.wipro.com

As of April 19, 2026, 1:18 a.m. EDT: Options flow reveals a suppressed put-side environment with minimal Open Interest outside of deep ITM strikes in the February/June/Sept expirations. Calls show heavy positioning at the 2.5 strike (approx 14-15% OTM) across multiple expirations, indicating moderate bullish sentiment or hedging against a rally. However, the extremely high volume of OTM calls (100x+ volume compared to ITM puts) suggests speculative lottery-ticket buying rather than a robust directional bet. Implied Volatility (IV) is heavily skewed in June/Sept for calls and remarkably elevated for deep ITM puts in the 1-month horizon, creating an asymmetric risk environment where a sharp drop would be expensive to insure cheaply.


Dividend Data

Yield Summary
Last Yield 1yr Yield 3yr Avg 5yr Avg
2.09% 2.09% 1.41% 1.11%
Dividend History
Date Dividend Yield %
2025-07-28 0.058000 2.093863
2025-01-28 0.069000 1.928588
2024-01-23 0.006000 0.219676
2023-01-24 0.006000 0.251078
2022-04-05 0.033000 0.877048
2022-01-21 0.007000 0.187602
2021-01-22 0.007000 0.225512
2020-01-24 0.007000 0.389541
2019-01-28 0.005251 0.202640
2018-01-31 0.006002 0.232491
2017-02-01 0.005439 0.256174
2016-07-07 0.002813 0.099165
2016-01-25 0.013878 0.527083
2015-07-16 0.020443 0.709619
2015-01-21 0.015191 0.536889
2014-07-25 0.015379 0.557705
2014-01-21 0.009002 0.293824
2013-06-26 0.017254 1.067954
2013-01-23 0.006190 0.332639
2012-06-27 0.012380 0.698309
2012-01-24 0.006692 0.308247
2011-06-28 0.015057 0.591080
2011-01-26 0.007361 0.271584
2010-06-14 0.013552 0.537268
2009-06-29 0.008031 0.574305
2008-06-27 0.010038 0.711858
2007-10-29 0.005019 0.268348
2007-06-27 0.002510 0.137434
2007-03-29 0.011644 0.624788
2006-06-28 0.011243 0.800236
2005-06-29 0.005521 0.469818
2004-05-06 0.011042 1.265362
2002-06-28 0.000084 0.014861
Additional Data
dividendRate 0.19
dividendYield 9.0
exDividendDate 2026-01-27
trailingAnnualDividendRate 11.0
trailingAnnualDividendYield 5.140187
lastDividendValue 0.058
lastDividendDate 2025-07-28
dividendDate 2026-03-02

Info Dump

Attribute Value
52 Week Change -0.2473498
Address1 Doddakannelli
Address2 Sarjapur Road
All Time High 4.98
All Time Low 0.378903
Ask 0.0
Ask Size 182,900
Average Analyst Rating 4.0 - Underperform
Average Daily Volume10 Day 11,636,090
Average Daily Volume3 Month 13,306,972
Average Volume 13,306,972
Average Volume10Days 11,636,090
Beta 0.383
Bid 0.0
Bid Size 157,500
Book Value 0.9157916
City Bengaluru
Compensation As Of Epoch Date 1,767,139,200
Country India
Crypto Tradeable 0
Currency USD
Current Price 2.13
Current Ratio 2.049
Custom Price Alert Confidence HIGH
Date Short Interest 1,774,915,200
Day High 2.19
Day Low 2.13
Debt To Equity 22.853
Display Name Wipro
Dividend Date 1,772,409,600
Dividend Rate 0.19
Dividend Yield 9.0
Earnings Call Timestamp End 1,776,348,900
Earnings Call Timestamp Start 1,776,348,900
Earnings Growth -0.016
Earnings Quarterly Growth -0.019
Earnings Timestamp 1,776,342,600
Earnings Timestamp End 1,784,205,000
Earnings Timestamp Start 1,784,205,000
Ebitda 176,503,996,416
Ebitda Margins 0.19056
Enterprise To Ebitda -1.787
Enterprise To Revenue -0.341
Enterprise Value -315,484,176,384
Eps Current Year 0.14848
Eps Forward 0.15918
Eps Trailing Twelve Months 0.14
Esg Populated 0
Ex Dividend Date 1,769,472,000
Exchange NYQ
Exchange Data Delayed By 0
Exchange Timezone Name America/New_York
Exchange Timezone Short Name EDT
Fax 91 80 2844 0256
Fifty Day Average 2.2266
Fifty Day Average Change -0.09659982
Fifty Day Average Change Percent -0.04338445
Fifty Two Week Change Percent -24.73498
Fifty Two Week High 3.13
Fifty Two Week High Change -1.0
Fifty Two Week High Change Percent -0.3194888
Fifty Two Week Low 2.05
Fifty Two Week Low Change 0.08000016
Fifty Two Week Low Change Percent 0.03902447
Fifty Two Week Range 2.05 - 3.13
Financial Currency INR
First Trade Date Milliseconds 971,962,200,000
Five Year Avg Dividend Yield 1.4
Float Shares 3,052,437,281
Forward Eps 0.15918
Forward P E 13.381079
Free Cashflow 110,325,374,976
Full Exchange Name NYSE
Gmt Off Set Milliseconds -14,400,000
Gross Margins 0.25379
Gross Profits 235,070,996,480
Has Pre Post Market Data 1
Held Percent Insiders 0.0
Held Percent Institutions 0.03703
Implied Shares Outstanding 10,695,761,988
Industry Information Technology Services
Industry Disp Information Technology Services
Industry Key information-technology-services
Is Earnings Date Estimate 1
Language en-US
Last Dividend Date 1,753,660,800
Last Dividend Value 0.058
Last Fiscal Year End 1,774,915,200
Last Split Date 1,733,875,200
Last Split Factor 2:1
Long Business Summary Wipro Limited operates as an information technology (IT), consulting, and business process services company worldwide. It operates through IT Services and IT Products segments. The IT Services segment offers AI-powered IT and IT-enabled services, including digital strategy advisory, customer-centric design, technology and IT consulting, custom application design, development, re-engineering and maintenance, systems integration, package implementation, cloud and infrastructure, business process, cloud, mobility and analytics, research and development, and hardware and software design services to enterprises. It serves customers in various industry sectors, such as communications, media and information services, software and gaming, new age technology, consumer goods, healthcare, medical devices and life sciences, and technology products and services, as well as banking and financial services, energy, manufacturing and resources, capital markets and insurance, and hi-tech. The IT Products segment provides a range of third-party IT products, including enterprise platforms, networking solutions, software and data storage products, contact center infrastructure, enterprise security, IT optimization technologies, video solutions, and end-user computing solutions. It serves enterprises in various industries primarily in the Indian market, such as government, defense, IT and IT-enabled services, telecommunications, manufacturing, utilities, education, and financial services sectors. The company has a strategic alliance with the Indian Institute of Science and the Foundation for Science Innovation and Development to collaborate on research and innovation across frontier technologies. The company was incorporated in 1945 and is based in Bengaluru, India.
Long Name Wipro Limited
Market us_market
Market Cap 22,781,974,528
Market State PRE
Max Age 86,400
Message Board Id finmb_598611
Most Recent Quarter 1,774,915,200
Net Income To Common 131,973,996,544
Next Fiscal Year End 1,806,451,200
Non Diluted Market Cap 23,198,062,917
Number Of Analyst Opinions 7
Open 2.19
Operating Cashflow 149,315,993,600
Operating Margins 0.17138
Payout Ratio 0.8788
Peg Ratio 1.34
Phone 91 80 2844 0011
Pre Market Change 0.01999998
Pre Market Change Percent 0.9389662
Pre Market Price 2.15
Pre Market Time 1,776,845,373
Previous Close 2.14
Price Eps Current Year 14.345367
Price Hint 4
Price To Book 2.325857
Price To Sales Trailing12 Months 0.024596188
Profit Margins 0.14248
Quick Ratio 1.938
Quote Source Name Delayed Quote
Quote Type EQUITY
Recommendation Key underperform
Recommendation Mean 4.0
Region US
Regular Market Change -0.00999999
Regular Market Change Percent -0.467289
Regular Market Day High 2.19
Regular Market Day Low 2.13
Regular Market Day Range 2.13 - 2.19
Regular Market Open 2.19
Regular Market Previous Close 2.14
Regular Market Price 2.13
Regular Market Time 1,776,801,602
Regular Market Volume 13,547,022
Return On Assets 0.06862
Return On Equity 0.15487
Revenue Growth 0.077
Revenue Per Share 88.431
Sand P52 Week Change 0.3140242
Sector Technology
Sector Disp Technology
Sector Key technology
Shares Outstanding 10,476,609,504
Shares Percent Shares Out 0.0078
Shares Short 81,940,251
Shares Short Previous Month Date 1,772,150,400
Shares Short Prior Month 110,652,414
Short Name Wipro Limited
Short Percent Of Float 0.028800001
Short Ratio 4.86
Source Interval 15
Symbol WIT
Target High Price 2.3
Target Low Price 1.8
Target Mean Price 2.09207
Target Median Price 2.18
Total Cash 543,235,014,656
Total Cash Per Share 51.813
Total Debt 202,910,007,296
Total Revenue 926,240,014,336
Tradeable 0
Trailing Annual Dividend Rate 11.0
Trailing Annual Dividend Yield 5.140187
Trailing Eps 0.14
Trailing P E 15.214287
Trailing Peg Ratio 1.3457
Triggerable 1
Two Hundred Day Average 2.6249
Two Hundred Day Average Change -0.4949
Two Hundred Day Average Change Percent -0.1885405
Type Disp Equity
Volume 13,547,022
Website https://www.wipro.com
Zip 560,035