Page 2 - Wipro Ltd News

High attrition, employee cost casts spell on IT stks; buy on dips: Analysts_26950

The nervousness in the IT stocks, analysts believe, is on account of rising employee costs at a time the business growth has been modest year-on-year in the December 2021 quarter (Q3FY22)

Axis Bank, Bajaj Auto: Nearly 45% of Nifty500 stocks trading below 200-DMA_22517

Stocks breaching 200-DMA may see aggravated selling pressure in coming sessions.

Street upgrades earnings, target prices of TCS, Infosys_18637

Upsides for Wipro is least among the three IT majors

Q3 earnings impact: Infy, TCS can rally up to 10%, Wipro may weaken further_18365

TCS is heading towards Rs 4,200 followed by Infosys, which is moving in the direction of Rs 2,100

Wipro slips 5% as Q3 earnings fail to meet market expecatations_18322

IT services EBIT margin declined 60 bps QoQ to 17.1 per cent vs. 17.7 per cent last quarter.

Stocks to Watch: Infosys, TCS, Wipro, EaseMyTrip, Dixon, RITES, Voda Idea_18306

The three IT majors - Infosys, TCS and Wipro shall react to the Q3 earnings reported on Wednesday after market hours this morning.

Wipro Q3 net profit flat at Rs 2,969 cr YoY, up 1.3% sequentially_18061

Revenue for the quarter at Rs 20,311 crore was up 29.6 per cent YoY and and 3.3 per cent sequentially

War for talent heats up as attrition continues to surge at top-3 IT players_18127

Companies are rushing to campuses in order to mitigate supply-demand imbalance

Wipro Q3 net profit flat at Rs 2,969 cr, declares interim dividend of Re 1_18008

Consolidated revenue from operations rose 30% to Rs 20,313 cr

Stocks to Watch: Infosys, TCS, Wipro, HUL, SpiceJet, Delta Corp, telcos_17800

The three IT majors are scheduled to report Q3 earnings on Wednesday.

Wipro Q3 preview: Analysts see 4% QoQ revenue growth, margins may dip_17340

Brokerage firm Jefferies sees EBIT margins of the company declining by 70 basis points to 16.6 per cent from the previous quarter, on the back of salary hikes.

IT index slips 4% in 2 days on profit booking following a strong 10% rally_15627

The October-December (Q3) quarter is expected to be another strong quarter for IT companies after strong performance witnessed in Q2FY22.

BSE IT index at an all-time high, up 10% in Dec on hopes of strong Q3 show_13114

IT stocks were in demand on hopes of strong Q3 earnings post Accenture performance. 63 Moons has zoomed 117% this month, while stocks like CyberTech, Brightcom and D-Link have soared over 30% so far

Acquisitions, strong growth outlook likely to limit downside for Wipro_10904

Prior to the recent rally, the stock had been an underperformer

Wipro up 3% on acquisition plan of US-based Cybersecurity Firm Edgile_9542

The acquisition is expected to strengthen Wipro's capabilities in cloud security and risk management space, ICICI Securities said in a note

Stocks to Watch: Axis Bank, Adani, Wipro, McLeod, Vedanta, Railtel, V-Guard_9478

MapmyIndia will be making its debut today, and is expected to list at a premium

Wipro replaces Bajaj Auto in the Sensex; two-wheeler major skids 5%_9159

Meanwhile, the Supreme Court last week dismissed a plea by Bajaj Auto against AAP government's decision to issue 4,261 new permits only to e-autos

M-cap of 8 of top-10 most valued companies erodes by over Rs 2.61 trn_8789

In the top-10 list, Infosys and Wipro were the only gainers.

IT shares in demand led by Infosys, as Accenture ups FY22 outlook by 700bps_8125

Accenture reported strong revenue in Q1FY22 and upgraded its annual guidance by a massive 700bps as it continues to gain from demand for Cloud transformation.

Stocks to Watch: RIL, Burger King, PowerGrid, TVS Motor, banks, IT shares_7616

Bank shares may be in focus as RBI proposes to introduce revised norms for banks for setting aside capital for operational risks