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Analyzing L&T Tech's Q3 Results: Understanding the December Quarter Performance, Buy Wipro?

Analyzing L&T Tech's Q3 Results: Understanding the December Quarter Performance, Buy Wipro?

Wed, Jan 17, 2024

How about L&T Tech's December quarter results? Why buy L&T Tech on dip? What to do in #Wipro at lower levels? #anilsinghvi's analysis on L&T Tech results, Wipro ADR decline

Analyzing HCL Tech and Wipro Results: Targets, Performance, and Market Insights From Anil Singhvi

Analyzing HCL Tech and Wipro Results: Targets, Performance, and Market Insights From Anil Singhvi

Mon, Jan 15, 2024

How great are the results of HCL Tech, Wipro? Where to buy wipro hcl tech, what are the targets? Wipro is the best performer among IT giants? Know the analysis on the results from Anil Singhvi...

Wipro Shares Soar 13% Despite Profit Dip In Q3 | Stock Market News

Wipro Shares Soar 13% Despite Profit Dip In Q3 | Stock Market News

Mon, Jan 15, 2024

Wipro shares surged 13% in early trading today, reaching a new 52-week high of Rs 526.45, despite reporting a decline in net profit for the December quarter (Q3FY24). This strong performance follows a nearly 18% jump in US-listed ADRs after the company announced its earnings on January 12.

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Wipro offers high-single digit wage hikes for offshore employees

Wipro offers high-single digit wage hikes for offshore employees

Tue, Jun 05, 2018

Wipro, India's third largest software services provider, today said it has rolled out "high single-digit" wage hikes for its offshore employees

Wipro has 14,000 staff in US, 58% are Americans, set to hire more, says Rishad Premji

Wipro has 14,000 staff in US, 58% are Americans, set to hire more, says Rishad Premji

Tue, May 29, 2018

Indian IT services giant Wipro is localising more in the US and more than half of its workforce in the country now consists of locals, the company’s chief strategy officer Rishad Premji said, asserting that the firm is very committed to the US market.

Wipro share price plunges 4% post Q4 FY18 results; should you sell?

Wipro share price plunges 4% post Q4 FY18 results; should you sell?

Thu, Apr 26, 2018

Wipro share price: Nomura maintained 'reduce' rating on the stock with a price target of Rs 270. "The company missed estimates on revenue margins and current quarter guidance front. Growth was dragged by India and APAC geographies. BFSI/Manufacturing led growth and communications and consumer also declined," the foreign brokerage said.

Wipro Q4FY18 result: 5 key developments you should know

Wipro Q4FY18 result: 5 key developments you should know

Wed, Apr 25, 2018

Wipro missed analysts estimate, as a Bloomberg poll of analysts predicted net income of Wipro to come in at Rs 2,127 crore in Q4FY18.

Wipro Q4 results 2018 Highlights: All you need to know about the performance

Wipro Q4 results 2018 Highlights: All you need to know about the performance

Wed, Apr 25, 2018

A Bloomberg poll of analysts predicted net income of Wipro to come in at Rs 2,127 crore in Q4FY18.

Wipro Q4FY18: Profit down by 21% yoy, misses estimate; IT service revenue seen at $2,065 mn in Q1FY19

Wipro Q4FY18: Profit down by 21% yoy, misses estimate; IT service revenue seen at $2,065 mn in Q1FY19

Wed, Apr 25, 2018

Wipro posted income of Rs 1,800.80 crore in Q4FY18 witnessing a decline of 20.56% compared to net income of Rs 2,267 crore in the corresponding period of the previous year.

Hot Stocks! Bharti Airtel, ICICI Prudential, Wipro among 5 stocks that are buzzing in trade today

Hot Stocks! Bharti Airtel, ICICI Prudential, Wipro among 5 stocks that are buzzing in trade today

Wed, Apr 25, 2018

ICICI Prudential Life Insurance share price spiked over 10 per cent to Rs 459.90, surging 23% in the last three trading sessions on the BSE, after the company reported better than expected results for the financial year 2017-18 (FY18).

Wipro Q4 FY18 results preview: Announcement post market hours; key things to watch out for

Wipro Q4 FY18 results preview: Announcement post market hours; key things to watch out for

Wed, Apr 25, 2018

Wipro Q4 FY18 results preview: Street will keep an eye on client-specific issues, growth in digital business, and the guidance that the management provides for the June quarter of financial year 2018-19. Wipro results will come in the wake of the big 2 making their results announcements earlier, namely Infosys and TCS.

Wipro Q4 profit may be hit by telco client's insolvency proceedings

Wipro Q4 profit may be hit by telco client's insolvency proceedings

Tue, Apr 10, 2018

Wipro noted that the impact of this client insolvency petition will reflect in the financial results of the company for the quarter and year ended March 31, 2018.

Wipro sells 63% stake in airport IT services JV to Antariksh Softtech

Wipro sells 63% stake in airport IT services JV to Antariksh Softtech

Fri, Apr 06, 2018

"Wipro Ltd has sold 63 per cent of its stake in Wipro Airport IT to Antariksh Softtech as part of divesture of the subsidiary. DIAL is considering expansion of the airport and procuring more assets under the JV," Wipro said in a regulatory filing.

Wipro to hire 600 staff in this tech centre

Wipro to hire 600 staff in this tech centre

Tue, Mar 27, 2018

With rising protectionism across markets like the US, Singapore and now Australia, Indian IT companies are adjusting their business models to reduce dependence on visas, hiring more locals instead. These firms are also setting up newer centres in the US, which accounts for about 60 per cent of India's IT export basket. Infosys, for example, has said it will set up 4 technology and innovation hubs in the US and hire about 10,000 locals in the US. To begin with, Wipro's 45,000-square feet centre will employ 150 people and plans are on the anvil to further increase the workforce at this facility, the company said

Wipro, Tata Steel among 135 most ethical companies

Wipro, Tata Steel among 135 most ethical companies

Tue, Feb 13, 2018

The 135 companies dedicated to "defining and advancing the standards of ethical business practices" were selected from 23 countries across 57 industries, Ethisphere said in a statement late on Monday.

Wipro's Q3FY18 consolidated net profit down 8% yoy; misses estimates

Wipro's Q3FY18 consolidated net profit down 8% yoy; misses estimates

Fri, Jan 19, 2018

A Bloomberg poll of experts predicted Wipro's revenue and net profit during Q3FY18 to come in at Rs 13,686 crore and Rs 2,146 crore respectively.

Sensex up 100 points, Nifty above 10,700; Infosys top gainer

Sensex up 100 points, Nifty above 10,700; Infosys top gainer

Wed, Jan 17, 2018

Among individual stocks, Infosys, Axis Bank and Adani Ports were the leading gainers on the BSE, while Wipro, Tata Motors and Hero MotoCorp shed the most

Sensex zooms 195 points on strong global cues

Sensex zooms 195 points on strong global cues

Mon, Dec 11, 2017

Benchmark BSE Sensex advanced by 195 points in early session today on continuous buying by domestic institutional investors amid strong global leads. The NSE Nifty also went past the 10,300-mark.

Wipro's Rs 11,000 cr share buyback to begin from Nov 29

Wipro's Rs 11,000 cr share buyback to begin from Nov 29

Mon, Nov 20, 2017

The company has announced to buyback over 34.37 crore fully paid-up equity shares of face value Rs 2 each of the firm, representing up to 7.06 per cent of the total paid-up equity share capital, from all the fully paid-up equity shareholders/ beneficial owners of the shares as on the record date of September 15, 2017, on a proportionate basis, it said in a regulatory filing.

Automation, US visa issues impact Indian IT jobs for the first time in H1 FY18

Automation, US visa issues impact Indian IT jobs for the first time in H1 FY18

Fri, Nov 03, 2017

This is the first time it has fallen to record low employment levels since the IT industry had put India on the global map for software services.

Wipro's Q2 net profit rises 6%

Wipro's Q2 net profit rises 6%

Tue, Oct 17, 2017

Wipro posted consolidated net profit of Rs 2,191.8 crore in Q2, rising by 5.86% compared to Rs 2,070.4 crore in the corresponding period of the previous year.

Share Buybacks: Everything you need to know as an investor

Share Buybacks: Everything you need to know as an investor

Tue, Aug 29, 2017

Two IT firms namely Infosys and Wipro will soon hit the buyback market with spending totaling up to Rs 24,000 crore. In last fiscal year, this market has reached to an 18-year high.

Vishal Sikka's resignation wipes off over Rs 22,500 crore from Infosys' market cap

Vishal Sikka's resignation wipes off over Rs 22,500 crore from Infosys' market cap

Fri, Aug 18, 2017

Friday turned out be a dramatic day for Infosys Vishal Sikka resigned from his post of MD and CEO with immediate effect. This was not taken well by investors. Share price of Infosys touched a four-year low of Rs 884.40 per piece – a level which was last seen on August 21, 2014.

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