Wipro Shares - IT stock hits new five-year low after weak Accenture outlook
Published on 06/19/2026 at 21:38 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWS
Edited by ad hoc news Sector & Peer-Group Desk. Verified prior to publication on 06/19/2026, 21:35 CET. Details in the imprint.
Wipro (INE075A01022) saw its shares retreat to fresh multi-year lows on Friday as investors reacted to cautious guidance from global peer Accenture and a broader risk-off mood in Indian IT services. According to Indian broker data, Wipro shares fell more than 3% intraday, extending recent underperformance versus the Nifty IT index.
All news and price data on Wipro stock
Track current quotes, background and regulatory disclosures on Wipro alongside other Indian IT names.
Accenture guidance hits Indian IT
Broker platform INDmoney reports that Wipro dropped about 3.3% on Friday to around ?176.73 after Accenture delivered weaker-than-expected guidance, triggering a sell-off across Indian IT services stocks and raising fresh demand concerns.
Peer commentary highlights that Accenture’s muted outlook for consulting and discretionary tech spending has reinforced worries about slower deal flow and pricing pressure for offshore players such as Wipro in the near term.
How Wipro shares performed this week
On the National Stock Exchange, Wipro shares recently traded in a band between roughly ?174.89 and ?181.48 during the session, with Friday’s close near the lower end of that range, according to broker quotes.
Tickertape data shows Wipro at about ?176.77 as of June 19, 2026, with recent returns indicating that the stock remains under pressure despite a modest rebound earlier in the week.
The business behind Wipro stock
Wipro generates the bulk of its revenue from global technology services and consulting, including application development, cloud migration, infrastructure services and business process outsourcing for clients in sectors such as financial services, healthcare, retail and manufacturing.
Where the stock trades today
Wipro shares (INE075A01022) trade on the National Stock Exchange of India at approximately ?176.77 as of 06/19/2026, 17:00 IST.
Key facts on Wipro stock
- Company: Wipro Ltd
- ISIN: INE075A01022
- WKN: 915613
- Ticker: WIPRO
- Venue: NSE
- Price (as of 06/19/2026, 17:00 IST): 176.77 INR
- Market cap: 1,91,995 crore INR (as of 06/19/2026)
- Sector / Industry: Information Technology / IT Services
- Index membership: Nifty 50, Nifty IT
- Next earnings date: not officially scheduled
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