Page 29 - Wipro

Wipro hits 52-week low; stock down 18% in 1 month on tepid Q1FY23 guidance

The company has given a tepid guidance of 1-3% QoQ CC terms growth in Q1FY23, which translates into revenues of $2,748 million to $280 million

Wipro, telecom gear maker HFCL join hands to develop 5G product portfolio

The companies will collaborate on a portfolio of 5G products for the telecommunications sector, including 5G radio access network and 5G transport equipment

Indices end in the red but bulls fight back; HDFC shines after Q4 show

After plunging over 600 points in intraday trade, the 30-share BSE Sensex recouped most losses to end 84.88 points or 0.15 per cent lower at 56,975.99

Sensex bounces 563 pts off lows, ends 87 pts down; Nifty holds 17,050

CLOSING BELL: IndusInd Bank, NTPC, Tata Steel, HDFC, PowerGrid, and ITC were the major gainers

Wipro extends fall on disappointing Q4 results; stock nears 52-week low

The company has guided for a revenue growth between 1 per cent and 3 per cent for the first quarter of FY23

Wipro shares decline nearly 3% after Q4 earnings announcement

IT company Wipro on Friday posted a 4 per cent increase in its consolidated profit to Rs 3,092.5 crore in the fourth quarter ended March 31, 2022, on account of continued demand for IT services

Stocks to Watch: Maruti, HDFC, SBI Cards, Tata Coffee, Wipro, Star Health

Stocks to Watch Today: Shares of Adani Wilmar, Jindal Stainless, Adani Enterprises, Hero MotoCorp, Tata Steel and Titan too shall be in focus ahead of the Q4 results.

Wipro sees margin pressure over next few quarters as attrition rises

Wipro reported a near 4% year-on-year gain in consolidated net profit for the quarter ending March 31, while revenue rose 28.4%

Securonix gets investments from Capital One, Wipro Ventures and others

Over the past 12 months, Securonix claims to have grown its SaaS (Software-as-a-Service) business by more than 100 per cent.

Wipro logs 3.8% rise in Q4 profit; pegs FY23 revenue growth at 16-18%

The company said it saw a drop of 500 bps in attrition on a quarterly basis

Wipro to stand by principle of democracy, justice: CEO amid Ukraine war

IT company Wipro said its employees are engaged in providing relief effort to people displaced due to the ongoing Ukraine-Russia conflict

Top Headlines: Maruti Suzuki Q4 up 58%; Lanka PM Rajapaksa to be replaced

Maruti Suzuki posted a 58% rise in fourth-quarter net profit at Rs 1,839 crore. PM Modi said that he aims to make India a hub for semiconductors for the world. Read more on these in our top headlines.

Wipro Q4 consolidated net profit rises 4% to Rs 3,087 crore

Attrition rate at near 24%, revenue up over 28% to Rs 20,860 crore

Wipro slips 2%, hits 11-month low ahead of Q4 results

The commentary on recent M&A, deal wins, vertical commentary, commentary of client's IT budget and revenue guidance are key to watch

Stocks to Watch: Reliance, Bajaj Finance, Wipro, HDFC Life, Tata Coffee

Stocks to Watch Today: Shares of Bajaj Auto, Hindustan Unilever and Indian Hotels are likely to be in focus as the companies report Q4 results on Wednesday.

Wipro announces acquisition of global SAP firm Rizing for $540 mn

The deal, which is expected to close by June 30, will strengthen acquirer's capabilities in large SAP transformative engagements

19 firms file applications under PLI scheme for white goods in 2nd round

The ministry said that among the 19 applicants, eight are for AC components and 11 for LED Lights

Wipro appoints Satya Easwaran as India head

IT major Wipro Limited has appointed Satya Easwaran, a former senior executive at consultancy KPMG, as its India head. Easwaran will be in charge of strengthening Wipro's business in India across key industry sectors through strategic consulting, transformation and modernisation engagements, it said in a statement on Monday. "India is a strategic market for Wipro and I am excited to welcome Satya to champion our bold ambition for growth and leadership here. Satya's rich international experience in delivering high value consulting services, and his track record of building successful sales and leadership teams will help strengthen Wipro's positioning as a trusted partner for Indian clients," Anis Chenchah, CEO of APMEA (Asia Pacific, India, Middle East and Africa) and member of the Wipro Executive Board, said. Easwaran will help clients leverage Wipro's capabilities and investments in cloud, digital, engineering R&D, data, analytics and cybersecurity for their business and digital .

Stocks to Watch: TCS, Wipro, JSW Steel, UltraTech Cement, Kesoram,Telecom

Anand Rathi Wealth, GM Breweries, Hathway Cable & Datacom, Tinplate Company of India, Evexia Lifecare, and Gayatri Bioorganics will announce their quarterly numbers.

Stocks to Watch: TCS, Veranda, Voda Idea, Exim Bank, Cadila, Banks, IT

TCS is likely to announce results after market hours on Monday. The IT stocks will be in focus with Infosys too to announce earnings later this week.