Wipro Shares Eye Breakout At ₹274: SEBI RA Spots Swing Setup As Digital Bets Deepen

Wipro’s business is driven by a diversified mix of services, with a focus on digital transformation, cloud, and platform offerings.

SEBI-registered analyst Unite Technologies Financial said that Wipro’s revenue composition includes Modern Application Services (44.6%), Cloud and Infrastructure Services (25.7%), Digital Operation & Platform (15%), Data, Analytics and AI (6.9%), and I&E Services (7.9%). 

The company operates deeply in BFSI (34.2% of revenue) and Consumer Business Unit (18.9%). The analyst noted that over 40% of Wipro’s clients contribute more than $1 million annually, indicating a broad base of revenue-generating accounts. 

However, only 2.5% of clients generate over $50 million, highlighting limited large accounts. 

Most revenue lies in the $1 million–$10 million range, reflecting a strong mid-tier client base. 

Scaling accounts into over the $20 million category was identified as a key growth lever.

In terms of engagement style, Unite Technologies Financial said Wipro is focused on long-term contracts of 5–7 years and is seeing a shift from legacy outsourcing to digital transformation partnerships, with growing adoption of cloud, AI, and GenAI.

On the technical front, the analyst said that Wipro fell 16.5% on March 28 from ₹272 to ₹227, indicating a strong selling area. 

The stock has since consolidated in the same region for nine sessions. 

A decisive close above ₹274 with volume is needed for breakout confirmation, while failure to hold ₹262 may lead to a healthy pullback.

On Stocktwits, retail sentiment was ‘neutral’ amid ‘normal’ message volume.

The stock has declined 11% so far in 2025.

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