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Wipro shares fall over 4% in response to Q2 results; Jefferies says risk-reward 'unattractive'16 out of the 47 analysts who have coverage on Wipro have a "sell" rating on the stock. 13 of them say "buy", while the remaining 18 have a "hold" rating. By Shloka Badkar   October 17, 2025, 9:24:21 AM IST (Published)2 Min ReadChoose  CNBC TV18 on Google

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Shares of Wipro Ltd.  fell over 4% on Friday, October 17, in response to the September quarter results that were announced after market hours on Thursday.

16 out of the 47 analysts who have coverage on Wipro have a "sell" rating on the stock. 13 of them say "buy", while the remaining 18 have a "hold" rating.

Analysts tracking the stock have mixed views on the road ahead for Wipro after its quarterly results.

Here's a look at what analysts had to say:

Nomura

Nomura has a "buy" rating on Wipro with a price target of ₹280 per share, indicating a potential upside of 10% from Thursday's close.

It said the company's second quarter earnings were a beat on most parameters.

Wipro's deal wins remain strong. It aims to maintain its earnings before interest and tax (EBIT) margin within a tight band, despite headwinds, Nomura said.

The company's FY27 dividend yield is 4% and the stock currently trades at 19.8 times its FY27 estimated earnings-per-share.

Jefferies

Jefferies has an "underperform" rating on Wipro with a price target of ₹220 per share, indicating a downside of over 13% from its previous close.

It said Wipro's second quarter results, adjusted for a ₹120 crore one-time charge, were in-line with estimates.

Its strong deal bookings also signalled an improving outlook.

Wipro has guided for revenue growth for the third quarter to be between a growth of 1.5% and a decline of -0.5% sequentially on a constant currency (CC) basis. The forecast excludes any potential contribution from its recently announced acquisition of Harman Digital Transformation Solutions.

Jefferies expects Wipro's Earnings Per Share to grow at a Compounded Annual Growth Rate (CAGR) of 3% over financial year 2026 and 2028, and along with a 3% dividend yield, the risk-reward for the stock is now "unattractive."

Shares of Wipro are trading 4.4% lower on Friday at ₹242.8. The US-listed shares (ADRs) had also ended 2.5% lower overnight.Continue ReadingCheck out our in-depth Market Coverage, Business News & get real-time Stock Market Updates on CNBC-TV18. Also, Watch our channels CNBC-TV18, CNBC Awaaz and CNBC Bajar Live on-the-go!TagsbrokerageJefferiesNomurashare market todayWiproWipro Q2Wipro Q2 earningsWipro ShareWipro share price