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Wipro ( (WIT) ) just unveiled an announcement.
On January 16, 2026, Wipro’s board approved a reconstitution of its Administrative and Shareholders/Investors Grievance Committee, which also functions as the Stakeholders Relationship Committee, signaling a governance-focused adjustment to its board structures. Effective April 1, 2026, independent director Päivi Rekonen will join the committee as a member, replacing independent director Dr. Patrick J. Ennis, with the post‑reconstitution line‑up comprising chairman Deepak M. Satwalekar, member Rishad A. Premji and Rekonen. The move, formally communicated to stock exchanges in India and the NYSE and recorded in a Form 6‑K filed on January 21, 2026, underscores Wipro’s ongoing refresh of board committee composition to oversee shareholder and investor grievance matters, a domain closely watched by regulators and minority shareholders.
The most recent analyst rating on (WIT) stock is a Hold with a $3.00 price target. To see the full list of analyst forecasts on Wipro stock, see the WIT Stock Forecast page.
Spark’s Take on WIT Stock
According to Spark, TipRanks’ AI Analyst, WIT is a Neutral.
Score is driven by solid financial quality (strong margins and low leverage) and a supportive dividend, tempered by weakening recent free-cash-flow trend and a mixed technical setup. Earnings-call guidance and commentary point to steady margins but limited near-term growth visibility, keeping the overall outlook balanced rather than strongly bullish.
To see Spark’s full report on WIT stock, click here.
More about Wipro
Wipro Limited is a Bengaluru-based global information technology, consulting and business process services company, listed in India and on the New York Stock Exchange. It provides IT services, digital transformation and related technology solutions to enterprises worldwide, with a strong focus on serving large corporate and institutional clients across key sectors.
Average Trading Volume: 7,073,282
Technical Sentiment Signal: Sell
Current Market Cap: $28.29B
For a thorough assessment of WIT stock, go to TipRanks’ Stock Analysis page.