wipro share price

wipro shares: Wipro shares plunge over 7% post Q1 results. Should you buy, sell or hold?

by
wipro shares: Wipro shares plunge over 7% post Q1 results. Should you buy, sell or hold?

Shares of IT major Wipro fell by over 7% in Monday’s trade to the day’s low of Rs 513.95 on BSE despite reporting a 4.6% year-on-year (YoY) rise in its net profit at Rs 3,003 crore for the quarter ended June 2024. The same stood at Rs 2,870 in the year-ago period. However, the revenue … Read more

Wipro CEO Thierry Delaporte’s resignation: Shares fall as quick turnaround unlikely

by
Wipro CEO Thierry Delaporte’s resignation: Shares fall as quick turnaround unlikely

Shares of Wipro on Monday fell around 1% to the day’s low at Rs 479 on BSE after investors were left surprised by the sudden exit of the Bengaluru-based IT major’s CEO and MD Thierry Delaporte. About half of the brokerages have a sell rating on the Nifty IT stock as they believe that transition … Read more