Wipro Limited (WIPRO.NS)
- Zacks
CTSH or WIT: Which Is the Better Value Stock Right Now?
CTSH vs. WIT: Which Stock Is the Better Value Option?
- Investing.com
India's Wipro misses revenue estimates, BofA flags growth concerns
Indian IT services giant Wipro (NYSE:WIT) (NS:WIPR) fell short of revenue estimates for the first quarter, missing analyst expectations by 1% sequentially and 4.9% year-over-year due to declines in key sectors like energy and telecom, said Bank of America (BofA) Global Research in a note on Monday.
- Reuters
India's Wipro tanks after Q1 results flag growth concerns
BENGALURU (Reuters) -Wipro's shares dropped the most in over four years on Monday morning as investors punished India's no. 4 IT services firm for posting poor growth when its rivals talked of a return of client spending and reported strong results. Wipro on Friday reported a drop in June quarter revenue and forecast IT services revenue in the current quarter to range between a drop of 1% to an increase of 1%. Tata Consultancy Services, Infosys and HCLTech posted strong results, raising hopes of a demand recovery in the $254 billion sector.
