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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 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.
Jio Financial Services, Wipro, Hindustan Zinc, HDFC Asset Management Company and more will announce their results for the March 2024 quarter later today. ....
Q4 earnings preview: Infosys and Wipro should see flat revenues, while TCS is expected to outperform others with 2.2 per cent QoQ CC, driven by the scaling up of the BSNL business, Motilal Oswal said.