Name: Latest research reports of Wipro Ltd. authored by KRChoksey and published by - Trendlyne research reports.
Item: Wipro Ltd.
Rating: 1
Author: KRChoksey

Wipro Ltd.

NSE: WIPRO | BSE: 507685 | ISIN: INE075A01022 | Industry: IT Consulting & Software
| Mid-range Performer

239.7500 3.10 (1.31%)

NSE Apr 11, 2025 15:31 PM

26.14% Fall from 52W High

Volume: 11.2M

Wipro Ltd.

21 Oct 2024

239.75

1.31%

Q2FY25 performance overshadowed by inflated valuation

Sell: Wipro Ltd.

Target

KRChoksey

Revenue for Q2FY25 stood at INR 223,016 Mn, down 1.0% YoY (+1.5% QoQ), in line with our projections.
EBIT grew to INR 36,725 Mn, up 19.4% YoY (1.3% QoQ), in line with our estimates.

Wipro Ltd. is trading below all available SMAs