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Wipro shares recover 9% from 52-week low; technical analysts suggest Rs 400-plus target in near term

Wipro share price: The counter's 14-day relative strength index (RSI) came at 61.19. A level below 30 is defined as oversold while a value above 70 is considered overbought. The company's stock has a price-to-equity (P/E) ratio of 23.03. It has a price-to-book (P/B) value of 3.37.
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