WIPRO.NS Stock Today: January 27 Ex-Dividend Rs 6 to Drive Gap
Wipro ex-dividend date is January 27, and the stock trades ex for an interim Rs 6 per share. We expect a gap lower near the payout as prices adjust and volumes rise. On January 26, WIPRO.NS closed at Rs 240.65 and last traded near Rs 238.05. Only holders on record date January 27 are eligible for the Wipro interim dividend. We outline the likely opening levels, eligibility rules, and practical trade setups for India investors.
Ex-date impact: price gap and volatility
Theoretical reference for the open is prior close minus dividend. With Rs 240.65 as the last close and ex-dividend Rs 6, the reference level is about Rs 234.65. Actual prints can differ based on orders and sentiment. Intraday ranges may widen as event traders reposition. The implied one-day adjustment equals a cash yield near 2.5% on the last traded price.
Event days often see a quick markdown, then attempts to fill part of the gap. Average True Range is 4.28, so swings can be brisk. Watch opening auction, first 15-minute range, and volume spikes. If momentum turns, partial gap fills are common, but sustained moves need broad market support and fresh flows from institutions.
Eligibility: record date and dividend logistics
Only shareholders on record date January 27 will receive the Wipro interim dividend. Buying on the ex-date does not qualify for this round. If you already held shares as of today, you remain eligible even if you sell on the ex-date. Dividends are taxable in the investor’s hands as per current Indian rules.
Dividend calendars for this week include Wipro among key payers, flagging the record date January 27 and ex-dividend Rs 6. See curated lists from Moneycontrol Hindi source and Zee Business Hindi source. Credit timelines follow the company’s schedule and are usually completed within weeks.
Valuation, yield, and technical picture
At Rs 238.05, Wipro trades at 18.88x TTM EPS of 12.61. TTM dividend is Rs 11, implying a 4.62% yield and an 86.8% payout ratio. Market cap is about Rs 2.49 lakh crore. The stock is down 10.96% YTD and 22.70% over 1 year, with a 52-week range of Rs 228 to Rs 323.6.
RSI at 53.85 is neutral, while ADX at 37.55 signals a strong trend backdrop. MACD histogram is slightly negative at -0.65, pointing to waning momentum. Price sits below the lower Bollinger band near 255.5, highlighting stretched levels into the ex-date. Money Flow Index at 65.63 suggests healthy participation on recent sessions.
Strategy ideas for income investors and traders
Investors who purchased before the Wipro ex-dividend date can choose to hold through the event and collect cash income or rebalance after the opening adjustment. On Rs 238, the ex-dividend Rs 6 implies a one-day yield of about 2.5%. Longer-term holders may focus on total return, upcoming catalysts, and payout consistency.
Use limit orders at the open to avoid slippage. Map reference levels: Rs 234.65 as the theoretical ex-adjusted mark, and intraday high-low bands to plan exits. Keep position sizes modest, set alerts near ATR-based stops, and reassess if market breadth weakens. Avoid chasing gap fills without confirmation on volume.
Final Thoughts
January 27 is the Wipro ex-dividend date, and the interim Rs 6 will likely drive an opening markdown near the payout. The theoretical reference from Monday’s close is about Rs 234.65, but actual trading can diverge with order flow. Eligibility rests on record date January 27, so new buyers today do not qualify. At Rs 238, Wipro shows a 4.62% TTM yield, 18.88x PE, and a high payout ratio, which income investors should weigh against growth prospects. Traders can frame plans around the opening range, ATR-based risk, and possible gap fills. Next catalyst to watch is the April 15, 2026 earnings update. Manage orders carefully and stay disciplined through the first hour.
FAQs
What is the Wipro ex-dividend date and how much is the payout?
The Wipro ex-dividend date is January 27, and the interim payout is Rs 6 per share. On the ex-date, the stock typically adjusts lower by roughly the dividend amount as cash leaves the company and moves to shareholders. Actual opening levels can differ due to market demand and order flow.
Who is eligible for the Wipro interim dividend?
Only shareholders on record date January 27 are eligible. If you held Wipro at the close before the ex-date and appear on the company’s records today, you qualify. Buying shares on or after the ex-date will not entitle you to this dividend. Your broker statement will reflect eligibility.
Will Wipro’s share price fall by Rs 6 on the ex-date?
The theoretical adjustment equals the dividend, so Rs 6 is a useful guide. However, prices can open above or below that mark depending on sentiment, broader market moves, and pre-market orders. Watch the opening auction and early volumes to gauge whether the gap tightens or extends intraday.
When will the Wipro interim dividend be credited?
Credit occurs as per the company’s schedule after the record date. In India, dividends are usually credited within weeks, subject to registrar processing and your bank mandate. Check your broker and bank for updates, and monitor corporate actions in your trading app for confirmation of credit.
Is Wipro attractive after the ex-date adjustment?
Post-adjustment, focus on updated valuation, yield, and near-term catalysts. At about 18.9x TTM earnings and a 4.6% TTM yield, Wipro offers income plus moderate growth. Watch the April 15, 2026 earnings report, technical trend strength, and demand from institutions before adding or averaging.
Disclaimer:
The content shared by Meyka AI PTY LTD is solely for research and informational purposes. Meyka is not a financial advisory service, and the information provided should not be considered investment or trading advice.
