The IT major has guided for -1.5% to 1% sequential growth in its IT services business revenue. This translates to a revenue of $2.62-$2.67 billion in the March quarter in constant currency terms. Most analysts had expected Wipro to give -1% to +1% growth in constant currency revenue.
Wipro shares have declined 11% from their 52 week high of Rs 443.60 hit on September 15 this year. The IT stock hit an all-time high of Rs 726.70 on January 3, 2022.
Wipro share price today: Wipro stock hit an all-time high of Rs 726.70 on January 3, 2022. Wipro shares closed on a flat note at Rs 382.05 in the previous session, falling 47.42% from record high during the period.