Wipro Share Price History: 79 Years of Market Resilience, IT Transformation & Wealth Creation

Wipro Limited, one of India’s oldest and most iconic IT and consulting firms, has delivered a remarkable 79-year stock market journey evolving from a consumer goods company to a global digital and AI-driven enterprise. While recent years saw mixed returns relative to peers, Wipro’s long-term wealth creation remains exceptional, driven by strategic pivots and leadership continuity.

Table of Contents

1. Wipro’s Market Journey: From 1946 IPO to IT Powerhouse
2. Share Price Performance (2015-2025): Phases & Trends
3. Long-Term CAGR Returns: Compounded Growth Story
4. Peer Comparison: Indian IT Majors Stock Returns
5. Key Milestones & Leadership Evolution
6. ai360 Strategy & Business Focus
7. Conclusion: Wipro’s Value Play in Indian IT
8. Frequently Asked Questions

Wipro’s Market Journey: From 1946 IPO to IT Powerhouse

Listed on BSE in 1946, Wipro originally sold cooking oils and soaps under Western India Vegetable Products Ltd. Under Azim Premji’s leadership since 1966, it pivoted to computer hardware in the 1980s and offshore IT services by the 1990s.

Key milestones:

• 1981: Built India’s first minicomputer
• 2000: Listed on NYSE during the dot-com boom
• 2012: Demerged non-IT businesses
• 2020-25: Focused on AI, cloud, and profitability optimisation

Share Price Performance (2015-2025): Phases & Trends

Wipro’s stock delivered steady long-term returns with cyclicality linked to IT services cycles and global demand trends.

10-Year Share Price Snapshot

Wrap-up: After peaking at ₹311.90 in Jan 2025, the stock corrected to ₹259.25 by June 2025, driven by IT sector headwinds, though profitability strength and AI investments offer support.

Long-Term CAGR Returns: Compounded Growth Story

Wipro’s consistent long-term wealth creation outpaced inflation and delivered attractive returns for patient investors.

CAGR Returns to 2025

Example:
₹10,000 invested in Wipro’s 1993 IPO would be worth ₹57.92 lakh by 2025.

Wrap-up: Wipro’s compounded returns remain solid, though recent cycles favoured peers like HCL Tech and Tech Mahindra.

Peer Comparison: Indian IT Majors Stock Returns (As of 11 June 2025)

HCL Tech and Tech Mahindra emerged as clear outperformers, delivering robust multi-year returns. Wipro and Infosys posted steady gains, while TCS underperformed with a negative 1-year return. The data highlights a shift in investor preference toward mid-tier IT firms with stronger recent growth momentum.

Wrap-up: Wipro lags peers in recent growth cycles but offers valuation comfort, with a lower P/E multiple and improving margin trajectory.

Key Milestones & Leadership Evolution

Wipro’s leadership journey has seen pivotal shifts over the years. From Vivek Paul’s global expansion to Thierry Delaporte’s operational restructuring, each phase shaped the company’s direction. With Srini Pallia now at the helm, Wipro is focused on driving AI, automation, and digital transformation-led growth.

Wrap-up: Srini Pallia’s appointment in 2024, after a successful turnaround under Delaporte, reflects internal leadership continuity.

ai360 Strategy & Business Focus

Wipro’s ai360 program aims to integrate AI across enterprise services, supported by investments in Lab45, WeGA (Generative AI studio), and alliances with AWS, Google, and NVIDIA.

FY25 Highlights:

• ₹16,943 Cr in operational cash flows
• Margin expanded to 21% in Q4 FY25
• Dividend payout raised to 48%

Wrap-up: AI-led transformation and operational optimisation underpin Wipro’s future growth bets, though revenue growth remains cautious in FY26.

Conclusion: Wipro’s Value Play in Indian IT

Wipro’s 79-year public market history reflects disciplined capital allocation, strategic pivots, and long-term wealth creation. Despite recent growth moderation versus peers, it remains a value play in India’s IT sector with strong margins, low leverage, and AI-driven growth levers.

Wrap-up: A conservative, steady compounder for risk-averse investors seeking reliable IT exposure with dividend yield comfort.

Frequently Asked Questions

Q1: What is Wipro’s current market capitalisation in 2025?
As of June 11, 2025, Wipro’s market capitalisation stands at ₹2,72,826 crore, reflecting its position as one of India’s leading IT services companies.

Q2: How much has Wipro’s stock price grown over the last 5 years?
Wipro has delivered a 5-year absolute return of 143.59%, translating to a CAGR of 21.36% as of June 2025.

Q3: How does Wipro’s P/E valuation compare to other top Indian IT companies?
Wipro trades at a P/E of 20.79x, lower than peers like Infosys (25.28x), HCL Tech (26.7x), and LTIMindtree (35.13x), making it an attractive value pick in the IT sector.

Q4: What was Wipro’s 1-year stock return as of June 2025?
Wipro posted a 1-year return of 8.94%, outpacing TCS and Infosys but trailing outperformers like HCL Tech and Tech Mahindra.

Q5: What are the key drivers behind Wipro’s profitability improvement in FY25?
Wipro’s FY25 profitability surged due to operating margin expansion to 21%, an 86% YoY jump in other income, and focused operational efficiencies.

Q6: Who is the current CEO of Wipro in 2025?
Srini Pallia took over as Wipro’s CEO in April 2024, steering the company’s AI-driven transformation and operational optimization initiatives.

Q7: How much is Wipro investing in AI and digital initiatives?
Wipro has committed over $200 million through Wipro Ventures, in-house R&D via Lab45, and partnerships with AWS, Google, and NVIDIA as part of its ai360 strategy.