WIT
Wipro Limited Technology - IT Services Investor Relations →
Wipro Limited (WIT) closed at $2.03 as of 2026-05-01, trading 23.3% below its 200-week moving average of $2.65. This places WIT in the extreme value zone. The stock is currently moving closer to the line, down from -23.0% last week. With a 14-week RSI of 22, WIT is in oversold territory.
Trading volume is running at 0.6x of its 14-week average, which is in the normal range. The balance between buying and selling volume (0.92 ratio) is neutral — neither side is clearly dominating.
Over the past 1284 weeks of data, WIT has crossed below its 200-week moving average 19 times. On average, these episodes lasted 32 weeks. The average one-year return after crossing below was -6.5%, suggesting these dips have not historically been reliable buying opportunities for this stock.
With a market cap of $22.0 billion, WIT is a large-cap stock. The company generates a free cash flow yield of 501.8%, which is notably high. Return on equity stands at 15.5%, a solid level. The stock trades at 2.2x 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 24.7 years, a hypothetical investment of $100 in WIT would have grown to $508, compared to $1078 for the S&P 500. WIT has returned 6.8% annualized vs 10.1% for the index, underperforming the broader market over this period.
Free cash flow has been growing at a 19.4% compound annual rate, with 4 consecutive years of positive cash generation. A business generating more cash every year while trading below its 200-week moving average is exactly the kind of disconnect value investors look for.
Business Health
Annual financials — how the underlying business has performed over the past several years.
Cash Flow Free cash flow & net income ($M)
Revenue Annual revenue ($M) — business growth proxy
Total Debt Balance sheet debt ($M)
ROIC Return on invested capital (%)
FCF Yield Free cash flow / market cap (%) — Yartseva signal
Gross Margin Pricing power & competitive moat (%)
Shares Outstanding Buybacks vs dilution (millions)
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 19 historical episodes, buying WIT when it crossed below its 200-week moving average produced an average return of -7.8% after 12 months (median -8.0%), compared to +4.5% for the S&P 500 over the same periods. 25% of those episodes were profitable after one year. After 24 months, the average return was +22.8% 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 +-6.5% after recovery.
| Crossed Below | Recovered | Weeks | Max Depth | 1-Year Return | Return Since Touch |
|---|---|---|---|---|---|
| Sep 2001 | Mar 2002 | 23 | 50.0% | +29.3% | +407.8% |
| Mar 2002 | Oct 2003 | 80 | 46.2% | -22.1% | +189.1% |
| Jan 2008 | Apr 2008 | 14 | 16.6% | -40.3% | +43.8% |
| Jun 2008 | Jul 2009 | 56 | 55.0% | -8.5% | +39.4% |
| Aug 2011 | Oct 2011 | 10 | 8.1% | -13.8% | +8.4% |
| Nov 2011 | Nov 2011 | 2 | 8.0% | -13.4% | +7.3% |
| Jan 2012 | Jan 2012 | 1 | 1.5% | -0.3% | +3.0% |
| Apr 2012 | Sep 2013 | 75 | 27.8% | -1.5% | +1.7% |
| Aug 2016 | Jul 2017 | 48 | 18.6% | +10.5% | -19.8% |
| Sep 2017 | Jan 2019 | 70 | 18.1% | -6.0% | -23.8% |
| Mar 2019 | Sep 2020 | 80 | 45.2% | -33.3% | -18.4% |
| Jun 2022 | Jan 2024 | 82 | 21.7% | -10.1% | -18.6% |
| Jan 2024 | Feb 2024 | 2 | 1.1% | +32.1% | -26.0% |
| Mar 2024 | Jun 2024 | 14 | 14.1% | +9.3% | -25.3% |
| Jul 2024 | Aug 2024 | 3 | 3.5% | -7.7% | -28.7% |
| Mar 2025 | Jun 2025 | 13 | 10.5% | -27.6% | -31.7% |
| Jul 2025 | Jul 2025 | 1 | 1.1% | N/A | -28.8% |
| Jul 2025 | Dec 2025 | 18 | 8.2% | N/A | -22.7% |
| Jan 2026 | Ongoing | 15+ | 23.3% | Ongoing | -21.3% |
| Average | 32 | — | +-6.5% | — |
Frequently Asked Questions
Is WIT below its 200-week moving average?
Yes. As of 2026-05-01, Wipro Limited (WIT) is trading 23.3% below its 200-week moving average of $2.65. The current price is $2.03.
What is WIT's 200-week moving average price?
Wipro Limited's 200-week moving average is $2.65 as of 2026-05-01. This is the average weekly closing price over roughly the last 4 years, and it acts as a long-term trend line. When a stock drops below this level, it can signal that the price has fallen far enough from the long-term trend to attract value-oriented investors.
What happens when WIT drops below its 200-week moving average?
WIT has crossed below its 200-week moving average 19 times in our data. The average one-year return after these crossings was -6.5%, meaning the dips were not reliable buying signals for this particular stock. These episodes lasted 32 weeks on average.
Is WIT a good value right now?
Here's what our data says about WIT as of 2026-05-01: The stock is below its 200-week moving average, which is the starting point for our analysis. The 14-week RSI is 22 (oversold). Free cash flow yield is 501.8%. Return on equity is 15.5%. Price-to-book is 2.2x. This is not a buy or sell recommendation — always do your own research.
How does WIT compare to the S&P 500?
Over the past 24.7 years, $100 invested in WIT would have grown to $508, compared to $1078 for the S&P 500. That's 6.8% annualized vs 10.1% for the index. WIT has underperformed the broader market over this period.
Does WIT pay a dividend?
Yes. Wipro Limited currently pays a dividend yield of 945.00%.
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 week of 2026-05-01