Wipro Share Price Today (May 2026)
May 17, 2026 | Live price, Q4 FY26 results, ₹15,000 Cr buyback, Mindsprint acquisition, Q1 FY27 guidance, analyst targets, and everything a serious investor needs to know about WIPRO stock
In India’s IT sector pecking order — TCS at the top, Infosys second, HCL Technologies third — Wipro has spent the last five years trying to prove it belongs in the conversation. The results have been frustrating. Over the past one year, Wipro share price has decreased by 25.7% and over six months by 20.9%. Five-year returns are negative by over 20%. The stock that was trading at ₹273 just twelve months ago is now hovering near ₹187–₹191 — barely above its 52-week low. BSE
And yet, in April 2026, Wipro did something that immediately changed the conversation: it announced a ₹15,000 crore share buyback at ₹250 per share — the largest in the company’s history — while simultaneously closing a landmark $1 billion, 8-year deal with Olam Group and completing the acquisition of Mindsprint. The question every investor is now asking is whether this combination of capital return, deal momentum, and strategic acquisitions is the beginning of Wipro’s long-awaited re-rating — or simply a floor under a structurally underperforming stock.
This is the complete article you need before forming any view on WIPRO.
Wipro Share Price Today — Live Snapshot (May 2026)
Wipro Share Price Today (May 2026)
| Metric | Value |
|---|---|
| Current Price (NSE: WIPRO) | ₹187–₹191 |
| Day High / Low | ₹192.50 / ₹186.75 |
| 52-Week High | ₹273.10 |
| 52-Week Low | ₹186.50 |
| Market Cap | ~₹1,99,000–₹2,00,500 Cr |
| P/E Ratio | ~15.10–15.55x |
| P/B Ratio | ~2.34–2.41x |
Prices as of May 15–17, 2026. Buyback Price: ₹250/share | Buyback Size: ₹15,000 Cr | FY26 Dividend: ₹11/share total | Dividend Yield: ~5.79% | 1-Year Return: -25.7%
What Is Wipro? — India’s Fourth-Largest IT Services Company
Wipro Share Price Today (May 2026)
Wipro Limited (NSE: WIPRO, BSE: 507685) is one of India’s most recognised technology services companies — founded in 1945, headquartered in Bengaluru, and listed on both Indian exchanges and the New York Stock Exchange (NYSE: WIT). It is the fourth-largest Indian player in the global IT services industry behind TCS, Infosys, and HCL Technologies. Investing.com
The company offers IT consulting, application development, infrastructure services, business process services, and digital transformation solutions to clients across banking and financial services, consumer, energy, healthcare, manufacturing, and technology sectors. Under CEO Srini Pallia — who took charge in 2024 — Wipro has been repositioning itself around three strategic pillars: AI-first service delivery, large deal hunting, and strategic acquisitions to fill capability gaps.
The company has been maintaining a healthy dividend payout of 46.7% — and the ₹15,000 crore buyback announced in April 2026 adds a capital return story on top of the dividend yield that is genuinely difficult to ignore at current price levels. Investing.com
Q4 FY26 Results — A Mixed Quarter With a Blockbuster Buyback
Wipro Share Price Today (May 2026)
The March 2026 quarter delivered exactly what analysts had predicted: a mixed result, with strong deal momentum and a massive capital return event offset by cautious near-term guidance.
Wipro reported consolidated PAT of ₹3,501.8 crore for Q4 FY26 — up 12.3% quarter-on-quarter from Q3’s ₹3,119 crore, but down 1.9% year-on-year from Q4 FY25’s ₹3,570 crore. Revenue from operations grew 7.7% year-on-year and 2.88% sequentially to ₹24,236 crore. EBIT margin came in at 17.3% — down 30 basis points sequentially and 20 basis points year-on-year. Unity Technologies
In dollar terms — which matter more for an IT company with the majority of revenue from overseas clients — IT services revenue was $2,651 million, up 0.6% quarter-on-quarter and 2.1% year-on-year. These are not the growth numbers that re-rate a stock. But they are the numbers of a company that is holding its ground while building its pipeline. Unity
The number that genuinely impressed was large deal activity. Large deal bookings surged 65.1% quarter-on-quarter to $1.44 billion in Q4, with full-year FY26 large deal bookings reaching $16.4 billion — up 14% year-on-year. For context, large deals are multi-year contracts whose revenue accrues gradually — meaning Q4’s booking surge sets up a stronger FY27 H2 revenue pipeline even if near-term reported numbers remain muted. Unity
For the full year FY26, Wipro reported revenue of roughly ₹92,624 crore — up about 4% compared with FY25 — while net profit for FY26 was around ₹13,200 crore, broadly stable with growth of about 0.4% to 0.5% year-on-year. Groww
The ₹15,000 Crore Buyback — What It Means for Investors
Wipro Share Price Today (May 2026)
This is the single most important short-term catalyst for Wipro’s stock in 2026 — and it deserves careful unpacking.
The board approved a ₹15,000 crore buyback at ₹250 per share — 60 crore shares, representing 5.7% of total paid-up equity capital — subject to shareholder approval. This is Wipro’s largest buyback since the ₹12,000 crore exercise in April 2023. Unity Technologies
At ₹250, the buyback offers an approximately 18.5% premium to the pre-announcement CMP. With the stock now trading at ₹187–₹191 — significantly below the buyback price — this creates an interesting dynamic for investors. The buyback price of ₹250 acts as a valuation anchor: management is essentially saying it believes the stock is worth at least ₹250, and is willing to spend ₹15,000 crore to prove it. Unity Technologies
With cash reserves of ₹41,510 crore as of December 2025, the company has ample capacity to fund the buyback — this is not a leveraged buyback driven by debt, but a genuine capital return from a cash-rich balance sheet. Wipro also declared a total FY26 dividend of ₹11 per share, including the ₹6 interim dividend from Q3. Unity Technologies
The practical question is: should you tender shares in the buyback or hold? The answer depends on your entry price, tax situation, and long-term conviction in the stock. At ₹187–₹191, tendering at ₹250 in the buyback (once the record date is announced) represents a ~30% return — which is significantly better than what the open market has delivered in the last 12 months.
The Mindsprint Acquisition — A Strategic Bet on Agri-Tech and Supply Chain
Wipro Share Price Today (May 2026)
On May 15, 2026, Wipro completed the acquisition of Olam Group’s IT and digital services business, Mindsprint. This deal is more significant than its headline size suggests. Investing.com
The deal is tied to an eight-year, over $1 billion transformation contract with Olam Group — positioning Wipro with a long-term revenue stream from Olam’s technology transformation initiatives, while expanding its capabilities and presence in sectors such as food, agribusiness, and supply-chain services. Groww
The Mindsprint acquisition gives Wipro something that most Indian IT companies lack: deep domain expertise in agri-tech, food supply chains, and commodity trading technology. These are verticals that have historically been underserved by large IT firms and where digital transformation is still in early innings. For Wipro, this represents a differentiated footprint in a growing sector — rather than competing in the crowded BFSI and retail tech spaces where TCS and Infosys have deeply entrenched positions.
Q1 FY27 Guidance — The Number That Disappointed the Market
Wipro Share Price Today (May 2026)
The one number that overshadowed the buyback excitement on results day was Wipro’s Q1 FY27 revenue guidance. Wipro guided Q1 FY27 IT services revenue in the range of $2,597–$2,651 million, implying sequential growth of -2% to 0% in constant currency. Unity Technologies
This was below Street expectations and reflects continued macro uncertainty and cautious client spending. Wipro shares witnessed a sharp 4% intraday decline on April 17, 2026, reacting to the guidance. Cbonds
The -2% to 0% guidance range is the most visible symptom of what has been ailing Wipro for several consecutive quarters: organic growth has been nearly flat, with headline revenue growth driven primarily by acquisitions rather than underlying demand expansion. The broader Indian IT services sector is navigating a difficult period, with global macroeconomic tensions and the disruptive impact of AI on traditional service delivery models — and Wipro, as the sector’s laggard in growth terms, feels this pressure most acutely. BSE
Key Financial Metrics — Snapshot
Wipro Share Price Today (May 2026)
| Metric | Value (May 2026) |
|---|---|
| Share Price (NSE) | ₹187–₹191 |
| Market Cap | ~₹1,99,000–₹2,00,500 Cr |
| P/E Ratio | ~15.10–15.55x |
| P/B Ratio | ~2.34–2.41x |
| Q4 FY26 Revenue | ₹24,236 Cr (+7.7% YoY) |
| Q4 FY26 PAT | ₹3,501.8 Cr (+12.3% QoQ, -1.9% YoY) |
| Q4 FY26 EBIT Margin | 17.3% |
| IT Services USD Revenue (Q4) | $2,651 Mn (+0.6% QoQ, +2.1% YoY) |
| FY26 Large Deal TCV | $16.4 Bn (+14% YoY) |
| Q4 Large Deal TCV | $1.44 Bn (+65.1% QoQ) |
| FY26 Full-Year Revenue | ~₹92,624 Cr (+4% YoY) |
| FY26 Net Profit | ~₹13,200 Cr (+0.4% YoY) |
| Cash Reserves | ₹41,510 Cr (Dec 2025) |
| Buyback | ₹15,000 Cr at ₹250/share |
| FY26 Dividend | ₹11/share total |
| Dividend Yield | ~5.79% |
| Q1 FY27 Revenue Guidance | $2,597–$2,651 Mn (-2% to 0% CC) |
| 1-Year Return | -25.7% |
Wipro Share Price Target 2026 — What Analysts Are Saying
Wipro Share Price Today (May 2026)
Analyst sentiment on Wipro is cautiously constructive — but with a consistent theme that the stock’s re-rating is contingent on organic growth resuming, not just deal bookings improving.
Analyst price targets for Wipro range from ₹270 to ₹280 — implying 42–50% upside from the current ₹187–₹191 range, which is meaningful but comes with the caveat that those targets were set pre-Q4 results and may be revised downward given the weak Q1 FY27 guidance. Unity
From a technical perspective, momentum only shifts to “Bullish” above ₹230–₹235. Investors should watch the ₹190 support zone — a breach below this level could trigger further downside. With the stock currently trading at ₹187–₹191, it is sitting right at that critical support level — making the next few weeks particularly important for price action. Cbonds
The buyback price of ₹250 provides a longer-term valuation anchor. When a company of Wipro’s size commits ₹15,000 crore to repurchase shares at ₹250, it effectively sets a management-endorsed floor for the stock’s intrinsic value — even if the market disagrees in the short term.
The AI360 Strategy — Wipro’s Long-Term Growth Bet
Wipro Share Price Today (May 2026)
The structural story underpinning Wipro’s long-term investment case is its AI360 strategy — and whether it can translate AI positioning into revenue faster than its peers.
Under CEO Srini Pallia, Wipro has been investing heavily in its AI360 ecosystem, training thousands of employees and partnering with giants like NVIDIA and Microsoft. Investors will be looking for specific deal wins where AI is not just a buzzword but a core revenue driver. Tracxn
Wipro has been building its AI services capabilities aggressively — investing in partnerships with NVIDIA, Microsoft Azure, and Google Cloud for enterprise AI deployment. Several large AI transformation deals are reportedly in various stages of closure. Unity
The Capco consulting play — acquired in 2021 for its financial services consulting capabilities — is expected to be a key revenue driver in FY27, as global banks begin their next technology refresh cycle. The consulting-to-execution pipeline through Capco is being watched closely for conversion signals. Unity
Risks Every Investor Must Understand
Wipro Share Price Today (May 2026)
The risks with Wipro in May 2026 are primarily three-fold — and none of them are trivial.
Margins remain under pressure from rising wage costs, integration costs from acquisitions including Harman DTS and Mindsprint, and ramp-up costs on large deals. The 17.3% EBIT margin, while above the 17% floor that the market monitors closely, leaves limited headroom if any of these cost pressures intensify in Q1 FY27. Unity Small Finance Bank
Organic growth remains the elephant in the room. The divergence between flat-to-negative IT services dollar revenue and strong bookings growth is the key tension in Wipro’s FY26 story. Revenue is a lagging indicator of what was booked in prior quarters. Bookings are a leading indicator of what could convert to revenue in FY27. The question the market is asking is how much of the large deal pipeline converts and how quickly. Unity
And the AI disruption risk is real and sector-wide. If AI productivity tools reduce the volume of traditional IT services work required by global enterprises, Wipro — as the growth laggard among India’s top four IT firms — may find it harder to compensate through new AI-led deal wins than TCS or Infosys, which have larger existing client relationships and deeper enterprise penetration.
The Bull Case — Why Patient Investors Are Still Watching
Wipro Share Price Today (May 2026)
Despite the near-term headwinds, the bull case for Wipro as a 3–5 year compounder is built on real foundations.
At ₹187–₹191, Wipro trades at just 15x earnings and 2.4x book — the cheapest valuation among India’s top four IT companies by a significant margin. The ₹15,000 crore buyback at ₹250 signals strong management conviction and provides immediate return potential for shareholders who tender. The $16.4 billion large deal pipeline booked in FY26 — up 14% year-on-year — is a genuine revenue visibility buffer that should begin converting through H2 FY27.
The dividend yield of approximately 5.79% at current price levels is exceptional for a large-cap technology company — and combined with the buyback premium, total shareholder return potential from current levels is significant even if the share price itself does not move dramatically.
And Wipro’s cash-rich, virtually net-debt-free balance sheet — with ₹41,510 crore in cash even after funding the Mindsprint acquisition — gives it the financial muscle to pursue further capability-building acquisitions without balance sheet stress.
Should You Buy, Hold, or Wait on WIPRO Stock?
Wipro Share Price Today (May 2026)
Buyback participants: If you hold Wipro shares at a cost price below ₹250, tendering in the buyback (once the record date is announced post shareholder approval) offers a meaningful premium to current market price. Consult your tax advisor on the LTCG/STCG implications of the buyback versus open market sale.
Long-term investors: Wipro at ₹187–₹191 — at 15x earnings, 5.79% dividend yield, and management-endorsed ₹250 intrinsic value — offers an asymmetric risk-reward for 3–5 year investors who believe the large deal pipeline converts and the AI strategy delivers. The risk is that organic growth remains elusive and the stock stays rangebound near ₹190 for longer than expected.
Short-term traders: Watch the ₹190 support zone closely — a decisive breach below ₹186.50 (the 52-week low) could trigger further downside toward ₹175–₹180. The momentum signal for a sustained rally is a close above ₹230–₹235. Until one of those two levels is breached decisively, the near-term risk-reward is unfavourable for short-term trading. Cbonds
SIP investors: Systematic monthly accumulation at current levels — below the management-endorsed buyback price of ₹250 — is a rational approach for investors with a 3-year horizon who want IT sector exposure at a valuation discount to peers.
How to Buy Wipro Shares
Wipro Share Price Today (May 2026)
Open a Demat and Trading account with any SEBI-registered broker — Zerodha, Groww, Dhan, INDmoney, Kotak Neo, or Angel One. Search for NSE ticker WIPRO or BSE code 507685. Place a market order, limit order, or set up a monthly stock SIP. For the buyback, watch for the record date announcement on the NSE/BSE filings portal following shareholder approval via postal ballot.
Disclaimer: This article is for informational and educational purposes only. Share prices, analyst targets, and financial data are sourced from publicly available information as of May 2026 and are subject to change. This does not constitute investment advice. Please consult a SEBI-registered financial advisor before making any investment decisions. Past performance is not indicative of future returns.
