Wipro Dividend: Shares To Trade Ex-Date Next Week; Check Record Date, Target Price

Last Updated: January 26, 2025, 12:16 IST

As the document day methods, financiers are considering whether to purchase, offer, or hold Wipro shares

Wipro To Trade Ex-Date On Tuesday: Wipro has actually proclaimed an acting reward for the 2024-25 along with its Q3 FY25 outcomes. As the document day methods, financiers are considering whether to purchase, offer, or hold Wipro shares.

Wipro Q3 FY25 Results

Wipro reported a 24% year-on-year development in combined web earnings for Q3 FY25, totaling up to Rs 3,354 crore. Revenue from procedures expanded decently by 0.5% to Rs 22,319 crore. Sequentially, earnings after tax obligation (RUB) increased almost 5%, and income revealed a mild rise of 0.1%.

Wipro Dividend 2025

Wipro’s board has actually proclaimed an acting reward of Rs 6 per share (300% payment), based upon the stated value of Rs 2 per share.

Wipro Dividend Record Date

The firm has actually established January 28 as the document day. Investors having shares on or prior to this day will certainly be qualified for the reward. Those acquiring shares hereafter day will certainly not certify. The document day is important for recognizing investors qualified to advantages such as returns, supply divides, or incentive shares. In the T +1 negotiation structure, shares should remain in the demat account prior to the document day for qualification.

Wipro Dividend Payment Date

Wipro prepares to make the acting reward settlement on or prior to February 15, 2025. This is the day when qualified investors will certainly get the reward using straight financial institution transfers.

Wipro Share Price Target 2025

Despite surpassing assumptions in Q3, experts have actually blended sights on Wipro’s expectation. Nuvama Research has a ‘buy’ score with a target rate of Rs 350, showing enhanced margins and a desirable income expectation. Nomura Research additionally keeps a ‘buy’ score with a target rate of Rs 340, mentioning a better margin expectation. On the various other hand, Motilal Oswal has a ‘neutral’ score with a target of Rs 290, taking into consideration present appraisals. Macquarie Research has an ‘outperform’ score with a target of Rs 330, while Citi Research has a ‘sell’ score with a target of Rs 280, showing problems over progressive healing.

Overall, Wipro’s reward news and Q3 outcomes have actually attracted combined responses from experts, making it crucial for financiers to examine the supply’s prospective based upon their financial investment objectives.

Disclaimer: Disclaimer: The sights and financial investment pointers by professionals in this News 18. com record are their very own and not those of the internet site or its monitoring. Users are suggested to contact qualified professionals prior to taking any type of financial investment choices.