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Wipro Share Price Target After Q4 Results; What Brokerage Firms Say On Stock?

Wipro stock price went up on, 19 Apr 2024, by 1.92 %. Wipro stock closed at ₹452.85 on 19th April 2024, with a net change of ₹8.55 and a percent change of 1.92 from the previous day s closing price of ₹444.3.

Wipro Q4 earnings beat the Street but weak guidance upsets brokerages

Brokerages remain unimpressed by Wipro s growth guidance for Q1 FY25 as it reflects that revival for the IT major may still be some time away.

Wipro Q4 Net Profit Falls 7 8% To Rs 2,835 Crore

Wipro also recorded one of the highest declines of 24,516 in the headcount on a year-on-year basis to 2,34,054 during the just-ended fiscal year.

Wipro shares under selling pressure ahead of Q4 results

Wipro Share Price: Following disappointing Q4 results from Infosys, investor sentiment towards IT stocks soured, leading to pressure on Wipro shares. Wipro is slated to unveil its March quarter numbers post-market hours.

Wipro Q4 results highlights: Profit falls 8% to Rs 2,858 crore, sales down 4%

Wipro Q4 Results: Wipro said its IT services segment revenue cam in at $2,657.4 million for the quarter, up 0.1 per cent QoQ and down 6.4 epr cent YoY. Its constant currency (CC) IT Services segment revenue fell 0.3 per cent QoQ and 6.6 per cent YoY.

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