WIT
Wipro Limited Technology - IT Services Investor Relations →
Wipro Limited (WIT) closed at $2.51 as of 2026-02-02, trading 6.7% below its 200-week moving average of $2.69. This places WIT in the deep value zone. The stock is currently moving closer to the line, down from -6.5% last week. The 14-week RSI sits at 45, indicating neutral momentum.
Over the past 1272 weeks of data, WIT has crossed below its 200-week moving average 19 times. On average, these episodes lasted 31 weeks. The average one-year return after crossing below was -5.1%, suggesting these dips have not historically been reliable buying opportunities for this stock.
With a market cap of $26.3 billion, WIT is a large-cap stock. The company generates a free cash flow yield of 418.3%, which is notably high. Return on equity stands at 15.2%, a solid level. The stock trades at 2.6x book value.
Management has been repurchasing shares, with a 4.6% reduction over three years. WIT passes our Buffett quality screen: high return on equity, low debt, and positive free cash flow.
Over the past 24.5 years, a hypothetical investment of $100 in WIT would have grown to $628, compared to $1033 for the S&P 500. WIT has returned 7.8% annualized vs 10.0% for the index, underperforming the broader market over this period.
Free cash flow has been growing at a 19.4% compound annual rate, with 4 consecutive years of positive cash generation. A business generating more cash every year while trading below its 200-week moving average is exactly the kind of disconnect value investors look for.
Growth of $100: WIT vs S&P 500
Monthly data normalized to $100 at start. Vertical dashed lines mark 200-week MA touches.
What Happens After WIT Crosses Below the Line?
Across 18 historical episodes, buying WIT when it crossed below its 200-week moving average produced an average return of -6.9% after 12 months (median -8.0%), compared to +3.6% for the S&P 500 over the same periods. 27% of those episodes were profitable after one year. After 24 months, the average return was +26.2% vs +26.4% for the index.
Each line shows $100 invested at the moment WIT crossed below its 200-week MA. Bold blue = stock average. Gray dashed = S&P 500 average over same periods.
Historical Touches
WIT has crossed below its 200-week MA 19 times with an average 1-year return of +-5.1% after recovery.
| Crossed Below | Recovered | Weeks | Max Depth | 1-Year Return | Return Since Touch |
|---|---|---|---|---|---|
| Sep 2001 | Mar 2002 | 23 | 50.0% | +29.3% | +527.9% |
| Mar 2002 | Oct 2003 | 80 | 46.2% | -22.1% | +257.5% |
| Jan 2008 | Apr 2008 | 14 | 16.6% | -40.3% | +77.8% |
| Jun 2008 | Jul 2009 | 56 | 55.0% | -8.5% | +72.4% |
| Aug 2011 | Oct 2011 | 10 | 8.1% | -13.8% | +34.1% |
| Nov 2011 | Nov 2011 | 2 | 8.0% | -13.4% | +32.7% |
| Jan 2012 | Jan 2012 | 1 | 1.5% | -0.3% | +27.3% |
| Apr 2012 | Sep 2013 | 75 | 27.8% | -1.5% | +25.8% |
| Aug 2016 | Jul 2017 | 48 | 18.6% | +10.5% | -0.8% |
| Sep 2017 | Jan 2019 | 70 | 18.1% | -6.0% | -5.8% |
| Mar 2019 | Sep 2020 | 80 | 45.2% | -33.3% | +0.9% |
| Jun 2022 | Jan 2024 | 82 | 21.7% | -10.1% | +0.6% |
| Jan 2024 | Feb 2024 | 2 | 1.1% | +32.1% | -8.6% |
| Mar 2024 | Jun 2024 | 14 | 14.1% | +9.3% | -7.6% |
| Jul 2024 | Aug 2024 | 3 | 3.5% | -7.7% | -11.8% |
| Mar 2025 | Jun 2025 | 13 | 10.5% | N/A | -15.5% |
| Jul 2025 | Jul 2025 | 1 | 1.1% | N/A | -12.0% |
| Jul 2025 | Dec 2025 | 18 | 8.2% | N/A | -4.5% |
| Jan 2026 | Ongoing | 3+ | 6.7% | Ongoing | -2.7% |
| Average | 31 | — | +-5.1% | — |
Not financial advice. This is an educational tool. Past performance does not guarantee future results. Do your own research before making investment decisions.
Data as of Friday close, 2026-02-02