In the past three months, share price of Wipro gained 14 per cent but underperformed its peers HCL Technologies and Infosys, which rallied 20 per cent and 23 per cent, respectively
Analysts at Motilal Oswal said the multiple mega deal wins in Cloud and Captive should add incremental growth to the sector's already buoyant organic growth momentum
Analysts believe cultural shift and growth focus was long overdue in Wipro and see bold management initiatives translating into large deal wins for the company
3i Infotech Ltd has entered into definitive agreements to sell its software products business to the funds advised by Apax Partners for Rs 1,000 crore
Thus far in calendar year 2020 (CY20), Wipro has gained 54.2 per cent as compared to 13.72 per cent gain in the benchmark S&P BSE Sensex
Analysts estimate the company's revenue to grow 8 per cent in 2021-22, the highest since 2015-16
Shares of Wipro on Wednesday jumped nearly 6 per cent after the company said it has signed a 700 million-digital and IT partnership deal with Metro AG
The large deal wins for both Infosys and Wipro reinforces positive stance on the IT Services industry, analysts at Motilal Oswal said
Wipro on Tuesday said its up to Rs 9,500-crore share buyback programme will commence on December 29
From centre issuing Rs 5,500 cr worth of zero-coupon bonds for P&SB recapitalisation to Anil Ambani's Reliance Capital getting 10 more bids for subsidiaries, here are top headlines this morning
As a part of this transaction, Wipro will take over the IT units of Metro AG - Metro-NOM GMBH in Germany and Metro Systems Romania S.R.L
IT services major Wipro on Tuesday said its up to Rs 9,500-crore share buyback programme will commence on December 29 and close on January 11, 2021.
SC on Friday stayed criminal proceedings against former chairman of Wipro, Azim Premji, and his wife on their plea seeking quashing of the summons issued by a Bengaluru trial court
Edelweiss Securities says that the robust tech up-cycle would benefit firms like HCL Technologies, Infosys, TCS, and Tech Mahindra
Nifty IT index hit a record high of 23,408, up 2% on the NSE
Says the pandemic has been a sharp reminder that the economy is a part of society and that human well-being matters in all its dimensions equally
Valuations, however, discount near-term gains on revenue visibility, execution
All that happened in the markets today
Digital acceleration, large deal wins, client mining, market share gains and margin improvement remain key long term drivers for IT sector, according to analysts
Delaporte slashed the top ranks of leadership from 25 people to four. He stepped up acquisitions, with more on the way