Stock market analysts have maintained 'buy' rating on Wipro Ltd with an intraday target of Rs 667.

According to them, interested traders can purchase the stock above Rs 663 with a strict stop loss of Rs 659.

If the stock markets remain on the positive path then the stock price will hit a target above Rs 672.

Shares of the company, on Tuesday (Dec 15), closed at Rs 659 on the Bombay Stock Exchange (BSE). The share price has seen a 52-week high of Rs 663 and a low of Rs 195 on BSE.

Current EPS & P/E ratio of the stock stood at 28.58 & 23.31 respectively.

Wipro chairman Azim Premji has decided to strengthen its technology company into new countries and novel business lines.

Moreover, Wipro on Tuesday has declared its affiliation with Ariba Inc, a top spend management solutions company, to assist Indian companies speed up their spend management plans and the outcomes that they deliver.

Under the conditions of a newly formed coalition, Wipro will leverage Ariba's on-demand sourcing solutions to aid its customers drive procurement process competences as well as savings, which completely impact their end result.

Wipro Technologies, on Dec 11, announced that it has accepted WB's proposal of 50 acres in Rajarhat on the city's suburbs for establishing its second campus, bringing some respite to the ruling Left Front.