Mon, Nov 18, 2024
Amid a likely higher interest rate and cut in Federal spending, IT stocks took a plunge in Monday's trade.
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Fri, Oct 18, 2024
Indian equities led by gains in heavyweights ended with decent gains after a weak opening.
Wed, Jun 12, 2024
Shares of the technology major Wipro will hog limelight today after the company launched its AI platform called Lab45.
Wed, Jan 11, 2023
Wipro Q3 Results Preview: Earlier on Monday, India's largest IT firm Tata Consultancy Services (TCS) opened the October-December quarter earnings season by reporting mixed numbers.
Wed, Sep 28, 2022
Indian IT stocks: Shares of TCS, Infosys, Wipro are available at a discount of 20 to 45 per cent. Indian IT stocks are under tremendous pressure due to heightened recession fear in the US.
Wed, Sep 14, 2022
IT Sector outlook: Tracking weakness in the US market, Information Technology (IT) stocks fell the most on the benchmarks on Wednesday.
Mon, Mar 21, 2022
IT stocks were in action on Monday as they gained between 1-2%, tracking Accenture's second-quarter results.
Sun, Jul 21, 2019
Post Q1FY20 result announcements, the shares of these three companies have been trading on a volatile note.
Wed, Jul 17, 2019
Abidali Z. Neemuchwala, CEO and Executive Director, Wipro said, "We will continue to build differentiated capabilities to drive business transformation for our customers by investing in our big bets.”
A Bloomberg poll of analysts have predicted Wipro's PAT to come around Rs 2,328 crore in Q1FY20.
Significantly, Wipro had bagged a consolidated net profit of Rs 2,484 crore in Q4F1Y9, higher by 37.74% compared to profit of Rs 1,808 crore a year ago same period.
Wed, Apr 17, 2019
Wipro presented its last quarter and fiscal year result for FY19 on Tuesday. The firm bagged consolidated net profit of Rs 2,484 crore in Q4F1Y9, higher by 37.74% compared to profit of Rs 1,808 crore a year ago same period.
Mon, Jan 21, 2019
Wipro in its Q3FY19 result, posted a massive profit of Rs 2,544 crore, rising by as much as 31.43% from Rs 1,935.9 crore from a year ago, same period.
Fri, Jan 18, 2019
Interestingly, Wipro's growth rate in PAT is better than what its peers have achieved during Q3FY19.
Thu, Oct 25, 2018
Wipro vs TCS vs Infosys: Azim Premji led company's share price ended up being the best pick for investors, as it was top performer on BSE, and finished at Rs 319.60 per piece up by 3.38%.
Mon, Nov 20, 2017
The company has announced to buyback over 34.37 crore fully paid-up equity shares of face value Rs 2 each of the firm, representing up to 7.06 per cent of the total paid-up equity share capital, from all the fully paid-up equity shareholders/ beneficial owners of the shares as on the record date of September 15, 2017, on a proportionate basis, it said in a regulatory filing.
Fri, Aug 18, 2017
Friday turned out be a dramatic day for Infosys Vishal Sikka resigned from his post of MD and CEO with immediate effect. This was not taken well by investors. Share price of Infosys touched a four-year low of Rs 884.40 per piece – a level which was last seen on August 21, 2014.
Fri, Jul 21, 2017
Shares of IT major Wipro Ltd and petrochemicals-maker Reliance Industries Ltd (RIL) jumped on Friday after the two companies announced positive first quarter ended June 30, 2017 (Q1FY18) results on Thursday.
Thu, Jul 20, 2017
On consolidated basis, Wipro reported a net profit of Rs 2082.6 crore as against Rs 2059 crore in Q1FY17.
Mon, Jun 05, 2017
Premji's package included USD 66,464 in salary and allowances and USD 41,742 (others) and USD 13,647 in long-term compensation (deferred benefit - company's contribution to the Provident Fund and Pension Fund), totalling to USD 121,853 for the year 2016-17, as per documents with the US SEC.
Tue, Apr 25, 2017
For the full financial year, the company registered a net profit of Rs 8514.3 crore as against Rs 8956.7 crore during the same period last year.
Wed, Jan 25, 2017
Giving the guidance the company said that they expect revenues from our IT Services business to be in the range of $ 1,922 million to $ 1,941 million.
Wipro rivals, Infosys and Tata Consultancy Services has already announced its financial result in the beginning of earning season.
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