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Cross-Signal05STOCKS2026-05-18

Wipro CFO sold shares in early May as analysts split 18 upgrades vs 17 cuts; stock near 52-week low

  • Wipro's (WIPRO.NS) CFO sold 75,000 shares worth $159,000 in early May at ₹201.58 per share, as the stock trades near its 52-week low of ₹187
  • Analysts are almost perfectly split: 18 FY EPS upgrades vs. 17 cuts in the past seven days, with the overall rating distribution showing 17 hold, 13 buy/strong buy, and 13 sell/strong sell
  • The stock is 30.4% below its 52-week high of ₹273.10, with India IT sector headwinds — including OpenAI competition fears — continuing to weigh on the group

Supporting queries

To surface this insight, Baselight ran 9 queries across its structured data. Each one is reproducible — open it, read the SQL, and rerun it yourself.

Conclusion

CFO sold 75,000 shares at ₹201.58 per share in early May 2026 (total value $159,000); eps_revisions (WIPRO.NS, snapshot 2026-05-17: 0y up_last_7_days=18, down_last_7_days=17); recommendations (0m: 7 strong_buy, 2 buy, 17 hold, 5 sell, 8 strong_sell); daily_prices (WIPRO.NS: May 14 close ₹190, 52w low ₹187, 52w high ₹273.10); India IT sector under pressure from AI disruption concerns and global tech spending caution.

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