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Wipro shares jump 4% on Q2 beat, bonus issue. Should you buy, sell or hold?
Shares of Wipro surged up to 4% after posting a 21.3% YoY jump in net profit for Q2 and announcing a 1:1 bonus issue. Despite achieving improved margins, analysts have mixed outlooks with Nomura forecasting EBIT margin growth and others noting weak revenue indicators for the upcoming quarters.
Wipro shares zoom over 5% after Q2 betters estimates; is it the right time to buy?
Wipro shares have delivered strong returns across various time frames. In the past month, the stock rose by 2.80%, while over six months, it surged 24.50%. Year-to-date, Wipro gained 17.38%, and in the last twelve months,
Wipro Share Price Today Live: Wipro shares rally as Q2 results beat estimates
IT major Wipro has recorded a 21 per cent profit rise, beating market estimates. While revenue and margins reported were largely in line with street estimates in Q2, the outlook for next quarter isn’t encouraging.
India's Wipro beats Q2 revenue estimate
Wipro , India's fourth-largest software company, posted higher-than-expected second-quarter revenue on Thursday, helped by a revival in spending by its clients in the U.S. communications sector.
Wipro Q2 Earnings: IT Services Revenue Decline 2%, Proposes 1:1 Stock Bonus
Wipro Ltd (NYSE:WIT) stock slid after the company reported second-quarter results. The company reported gross revenue of 223.0 billion rupees ($2.66 billion), down by 1.0% year-on-year, missing the analyst consensus estimate of $2.
Wipro Q2 results: Net profit grows 21%, revenue down 1%; announces 1:1 bonus share
The consolidated revenue of Wipro dropped 1% YoY to ₹22,302 crore in Q2 FY25, from ₹22,543 crore in the corresponding period last year.
Wipro Q2 net profit climbs 21.2% to Rs 3,208.8 crore; announces 1:1 bonus share
IT company Wipro on Thursday reported a 21.2 per cent increase in its consolidated net profit to Rs 3,208.8 crore for the second quarter of FY25. It had reported a profit of Rs 2,646.3 crore in the year-ago period.
Wipro Q2 Results: Net Profit Rises 21% to ₹3,209 Crore; Strong Revenue Exceeds Expectations | ET Now
Wipro's Q2 results show revenues and profits exceeding expectations, with net profit around ₹3,200 crore. Margins beat estimates at 16.8%, but Q3 guidance was lowered to a potential decline of 2%. The
Wipro Q2: Net Profit Jumps 21% To ₹3,209 Cr, Beats Estimates
Wipro posted its earnings for the quarter ended September on Thursday evening after market close. What Happened: Wipro posted a consolidated net profit of ₹3,208.8 crore, a 21% jump from the ₹2,646 crore net profit posted in the same quarter last year.
Wipro Q2 Results Preview: Revenue seen down up to 2% YoY, Q3 CC guidance at -1% to 1%
Wipro's Q2 earnings are under scrutiny, with various brokerages providing mixed forecasts. JM Financial expects a 1.7% YoY revenue decline to Rs 22,134 crore but a 19% PAT increase. Sharekhan predicts a slight revenue rise,
1h
Wipro shares gain 5% as Q2 results beat expectations; brokerages divided
In Q2FY25, Wipro reported a consolidated profit attributable to owners of Rs 3,208.8 crore, marking a 6.85 per cent increase ...
2h
on MSN
Wipro shares: Q2 results solid but Q3 guidance disappoints; here are target prices
The Q3FY25 guidance was muted due to furloughs and softness in key regions, particularly in Europe. Sectors like ...
moneycontrol.com
2h
Wipro’s Q2 earnings gets mixed reactions from brokerages
Wipro
's
Q2
FY25 earnings have drawn mixed reactions from brokerages. While strong deal momentum and solid margin ...
LIVE
5h
Q2 Results LIVE Updates: Infosys net profit rises 4.7% to ₹6,506 crore, Wipro posts 21% surge in PAT to ₹3,209 crore
While Infosys Q2 results are estimated to be decent, with revenue growth led by large deal wins and stable margins, Wipro Q2 ...
ET Now on MSN
17h
Wipro Q2 FY25 Highlights: Headcount declines; attrition rate highest in 5 quarters
Wipro reported a 21 per cent jump in its net profit to Rs 3,209 crore in the second quarter of the current fiscal, versus Rs ...
1h
Wipro rolls out salary hikes for FY25 effective from Sept 1
When asked about fresher backlogs, he assured that they would be cleared by the end of the third quarter (Q3FY25).
3h
on MSN
Top stories on 17 October: Infosys, Wipro Q2 results, Bahraich encounter bid, India’s lowest Test score & more
On October 17, Infosys reported a 4.7% rise in Q2 net profit to ₹6,506 crore, while Wipro’s net profit surged 21% to ₹3,209 ...
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