Wipro Q2 results: Net profit grows 21%, revenue down 1%; announces 1:1 bonus share
The consolidated revenue dropped 1% YoY to ₹22,302 crore in Q2 FY25, from ₹22,543 crore in the corresponding period last year.
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Wipro shares crash 9% on weak Q1, soft guidance; brokerages cut price targets
Analysts turned bearish on Wipro and downgraded the IT stock after it guided for -1% to +1% QoQ growth for Q2 FY25.
Azim Premji ‘gifts’ Wipro shares worth ₹500 cr to sons Rishad & Tariq
Founding chairman of Wipro gifted significant 5.1 million equity shares each to his sons Rishad Premji and Tariq Premji
Should you buy, sell or hold Wipro shares post Q1 results?
Brokerages have turned bearish on the stock after the IT heavyweight reported lower than expected earning in the June quarter.
Wipro’s ₹12,000 cr share buyback opens on June 22; stock up
Wipro says the reservation of up to 15% for small shareholders will benefit a large number of the company’s public shareholders
Wipro jumps 4% on ₹12,000-crore share buyback plan
The IT major was the top gainer on the BSE Sensex as investors cheered the buyback of 26.96 crore shares at a premium of 19%.
Q3 perks up for TCS, Infosys, Wipro on robust demand
CEO Rajesh Gopinathan says Q3 was one of the best quarters TCS has “enjoyed” in many years, as “the broad-based nature of the growth is the stand-out feature.”
