External broker reports(aggregated public sources), ICICI Securities Ltd

ICICI Securities Limited

ICICI Securities Limited provides investment services. The Company provides corporate and investment banking, securities, wealth management, retail brokerage, initial public offerings, and advisory services. 

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External broker reports(aggregated public sources)

Equity Bottom-Up

<p>What should investors do? Wipro's share price has grown by ~3x over the past five years (from ~Rs 210 in Jul 2016 to ~Rs 586 levels in July 2021). Target Price and Valuation: We value Wipro at Rs 670 i.e. 26x P/E on FY23E EPS...</p><div class="content-highlight"><em>Content is external broker report sourced from online content aggregator through publicly available sources and is displayed below for general informational purposes only. Refer full disclaimer below.</em></div>

What should investors do? Wipro's share price has grown by ~3x over the past five years (from ~Rs 210 in Jul 2016 to ~Rs 586 levels in July 2021). Target Price and Valuation: We value Wipro at Rs 670 i.e. 26x P/E on FY23E EPS...Content is external broker report sourced from online content aggregator through publicly available sources and is displayed below for general informational purposes only. Refer full disclaimer below.

Wipro Ltd: Healthy Q1 Performance, Strong Guidance