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Will Wipro's Q4FY18 result surprise investors? Here's what brokerages say

In the previous quarter, Wipro posted 11.85% quarter-on-quarter fall in consolidated net profit at Rs 19.30 billion.

Will Wipro’s Q4FY18 result surprise investors? Here’s what brokerages say
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Pranati Deva New Delhi
Wipro is likely to announce its fourth quarter results today. Among the key things to look out for, according to analysts, include revenue growth guidance, commentary on healthcare and communications verticals, execution of various new initiatives by new CEO and outlook on spending at key clients and geographies.
 
In the previous quarter, Wipro posted 11.85% quarter-on-quarter fall in consolidated net profit at Rs 19.30 billion.
 
On a year-to-date basis, the stock has rallied around 27% and has outperformed the Nifty IT index that gained around 19% during this period, ACE Equity data shows. By comparison, the Nifty50 index
Topics : Wipro