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Wipro share price at Rs 338 or Rs 400? Stock may underperform peers despite inexpensive valuations

Wipro share price target: Nuvama Institutional Equities said Wipro shares should underperform peers, primarily due to its intriguingly low correlation between deal-wins and top line growth.

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Wipro Q1 Results: Net Profit Rises 12% YoY To Rs 2,870 Cr; Revenue At 22,831 Cr

Wipro Q1 Results: India’s fourth largest IT services company Wipro on Thursday reported its earnings for quarter ending June 30 ....

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Wipro Q1 Results Preview: Profit May Rise 20% YoY, Q2 Guidance Likely To Be Muted

Wipro’s revenue growth is expected to remain muted and within the guidance range of 1-3 per cent decline QoQ in CC terms; Key details for invetors ....

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Wipro shares: MFs cut exposure to stock ahead of Q1 results

Wipro may guide for flat (minus 1 per cent to 1 per cent) CC QoQ revenue growth for Q2FY24, said Emkay Global. The brokerage sees Wipro's Q1 profit at Rs 3,091 crore.

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Wipro to invest $1 billion in AI over next 3 years; stock flat

Wipro said the $1 billion investment will help further advance Wipro’s AI, data and analytics capabilities and foundation, R&D and platforms, enhance FullStride Cloud, and build new consulting capabilities.

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