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Wipro shares jump nearly 14% post-Q3 earnings; mcap climbs ₹18,168 cr

Shares of Wipro on Monday jumped nearly 14 per cent, adding Rs 18,168.68 crore to its market valua…

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As markets start to turn, consulting will be first to pick up: Wipro CEO

Wipro’s CEO Thierry Delaporte said on Friday that the IT service market is seeing greenshoots of ev…

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TCS to kick off Q3 earnings with street glued to strategy and deal commentary

IT bellwether, TCS, will kick off the Q3FY24 earnings season on Thursday evening and is expected to…

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IT sector preview: Q3 to see slow deal conversions, soft demand and furloughs

The tide might have turned for IT stocks as investors found them in favour again. However, the thir…

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Wipro’s revenues fall 2% in Q2, guides for a steeper fall in Q3

​​Wipro has reported a 2% sequential fall in constant currency revenues for the July-September quar…

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Wipro CEO expects revenues to rebound in the next few quarters

After Wipro posted a sequential revenue fall for the third consecutive quarter, its CEO Thierry Del…

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Wipro says IT services revenue could decline 1-3% in Q1FY24, announces buyback

Indian IT major Wipro on Thursday posted a 0.6% sequential decline in constant currency revenues fo…

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Earnings preview: Q2 to be another washout quarter for IT sector, market to focus on execution

Little has changed for the Indian IT sector in the last three months. The second quarter earnings a…

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Wipro clocks 12% net profit in Q1; attrition rate falls

Wipro has reported a consolidated net profit for Q1FY24 at Rs 2,870 crore. The IT major has guided …

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India’s IT sector likely to face macro headwinds until end 2023, say analysts

India’s information technology services companies have been struggling amid heightened fears of rec…

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IT sector Q1 earnings preview: All eyes on deal wins, revenue guidance cuts

Analysts expect top tier IT companies in India to report flat to slight decline in revenue growth f…

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Street unaffected by Infy’s guidance cut; lack of bad news charges up tech stocks

Five top tech stocks – Infosys, TCS, Wipro, LTI Mindtree and TechMahindra were the lead gainers on …

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Wipro sees FY23 revenue growth at 11.5-12%, Q3 profit growth beats analyst expectations

Indian IT services company Wipro said on Friday that it expects its constant currency revenue to gr…

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Wipro CEO says dollar revenue will grow 2-4% in the next three months

Wipro’s management guidance for the March quarter is that the revenue from its IT services business…

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UltraTech Cement’s Q4 net profit falls 32% to ₹1,666 crore, declares dividend

UltraTech Cement’s Q4 net profit fell 32% to ₹1,666 crore as compared to ₹2,461 crore in the same q…

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Bajaj Auto Q4 net profit falls 2% YoY to ₹1,433 crore

Bajaj Auto’s Q4 standalone net profit fell to ₹1,433 crore, down by nearly 2% YoY. Rising input cos…

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Wipro Q2 net profit rises 3.7% to ₹2,659 cr sequentially, but isn’t as optimistic about Q3

IT services major Wipro today reported a 3.7% sequential increase in its second quarter net profit …

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It is attrition rates and not the wage hikes dampening Indian IT cos earnings

The Indian IT sector is in trouble – not entirely due to recessionary concerns or smaller deal wins…

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Wipro’s net profit drops 17% drop in Q1 as recession fears grip its non-US clients

Indian IT services major Wipro reported a 17% sequential drop in its net profit on recession fears.…

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Hiring by IT cos down 96% in Q3 compared to preceding 7 quarters even as attrition cools

Collectively India’s top four IT companies TCS, Infosys, HCL Tech and Wipro saw a net addition of j…