Wipro

In 2026 so far, TCS, Infosys, HCL Tech, Tech Mahindra, and Wipro have declined in the range of 17 per cent to 33 per cent. In comparison, the Nifty 50 index has dived 10 per cent, data showed.

Economic uncertainty, slower growth and pressure on margins are prompting IT services firms to delay salary hikes and offer lower increments, impacting employee morale across the sector

Stable margins and deal wins offer support, but weak guidance, BFSI slowdown and slow deal conversion weigh on near-term outlook

The selling on the counter came after Wipro posted its January-March quarter (Q4FY26) results on Thursday, after market hours

Wipro reports marginal Q4 profit decline and muted revenue growth, flags weak Q1FY27 guidance amid geopolitical uncertainty and slow ramp-up of large deals

Wipro plans Rs 15,000 crore share buyback, its largest ever, offering 19 per cent premium to market price as it looks to reward shareholders and support stock performance

The buyback price is 19 per cent higher than the stock's closing price on Thursday's of Rs 210.15 per share on the NSE.

The IT company's profit in the year-ago period stood at Rs 3,569.6 crore.

Wipro is expected to report revenue of ₹24,262 crore in Q4FY26, up 3 per cent on a sequential basis and 7.8 per cent year-on-year, supported by higher contribution from the Harman acquisition

Q4FY26 company results: Firms including Angel One, Waaree Renewable Technologies, VST Industries, and Alok Industries are also to release their January-March earnings today

IT services company Wipro will acquire select customer contracts of Alpha Net Consulting at a purchase consideration of up to USD 70.8 million, according to a regulatory filing on Wednesday. The business acquisition will enable Wipro's access to certain key clientele, their customer contracts as well as the related workforce, augmenting its existing AI-powered, and consulting-led application services capabilities, and fuelling new growth opportunities. "Wipro Limited, through its subsidiaries, signed a definitive agreement on April 14, 2026 to acquire select customer contracts of Alpha Net Consulting LLC and its subsidiaries," the BSE filing said. The deal involves cash purchase consideration of up to USD 70.8 million, subject to closing adjustments. This includes a deferred consideration in the form of earnout, payable subject to achievement of certain performance metrics and conditions. The transaction is expected to be completed by June 30, 2026. Alpha Net Group was founded in

Individually, Oracle Financial Services Software rallied 4.4 per cent, followed by TCS, Wipro, Persistent Systems, Infosys, Mphasis and LTIMindtree up over 2 per cent

Wipro Q4 results preview: Profit after tax (PAT) is expected to rise 2.4 per cent from ₹3,357.47 crore in Q3FY26

Coforge, Infosys, Mphasis and Tata Consultancy Services (TCS) slipped over 3 per cent

Wipro share price today: Wipro was the only gainer in the Nifty IT index, which slipped 1.7 per cent.

Stocks to Watch today, April 10, 2026: TCS, Wipro, Tata Steel, HDFC Life Insurance, and Prestige Estates are some of the key stocks to watch today

Company's board to evaluate buyback proposal alongside Q4 results amid weak stock performance and concerns over AI-led disruption in IT services

All 10 constituents of the Nifty IT index were trading sharply higher. Mphasis, Wipro, Oracle Financial Services Software, HCL Tech, and TCS rose over 2 per cent each

Eight-year deal with Singapore's Olam Group boosts revenue visibility and AI-led capabilities, alongside $375 million acquisition of IT arm Mindsprint

The buying on the counter came after Wipro secured a multi-year strategic transformation deal with Olam Group.