Wipro Ltd.

NSE: WIPRO | BSE: 507685 | ISIN: INE075A01022 |Industry: IT Consulting & Software
|Expensive Star
448.40 11.15 (2.55%)
NSE Jan 27, 2021 13:14 PM
Volume: 20.8M
 

Wipro Ltd.    
14 Jan 2021
448.40
2.55%
Motilal Oswal
Wipro (WPRO) reported better-than-expected revenue growth of 3.4% QoQ CC, on the higher end of the guidance band (1.53% QoQ CC). Growth was broad-based across verticals, with five of seven verticals showing good QoQ growth. WPRO's continued margin improvement (+250bp QoQ / +330bp YoY) and strong cash generation (FCF/PAT at 133%) were the key positives in 3Q. In 9MFY21, IT Services reported revenue (USD)/EBIT/PAT of 3.2%/10.2%/6.9%. Wipro reported 12 deal closures and deal TCV of USD1.2b in 3Q, including USD700m from Metro AG. It further guided for USD CC revenue growth of...
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Wipro Ltd. has gained 31.24% in the last 3 Months
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