TCS, Infosys Wipro: Nirmal Bang said valuations for most IT stocks are expensive in relation to their 5-year or 10-year histories and it sees no material upside to FY25/FY26 earnings for its coverage in the next 12 months.
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 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.