Wipro Ltd.

NSE: WIPRO | BSE: 507685 | ISIN: INE075A01022 | Industry: IT Consulting & Software
| Mid-range Performer
263.2000 -3.34 (-1.25%)
NSE Jun 23, 2025 14:59 PM
Volume: 5.0M
 

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Wipro Ltd.
17 Apr 2025
263.20
-1.25%
Prabhudas Lilladhar
The revenue performance on IT Service (0.8% QoQ CC decline) was tad below our estimates, attributed to the continued weakness in key geographies (Europe) along with a softness in few verticals (Consumer and Manufacturing). The mounting pressure on tariff was partially visible in Q4 with multiple programs kept on hold while pausing smaller and mid-size discretionary deals. The weak revenue guidance (-1.5% to -3.5% QoQ CC) bakes in the level of tariff uncertainties, which might escalate the cash provisioning or measured...
Wipro Ltd. is trading above its 50 day SMA of 248.7
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