Synopsis: IT stock is in focus after its Q4FY26 results, with revenue from operations rising 7.6% YoY to ₹24,236 crore and 2.8% QoQ, while net profit declined 1.8% YoY to ₹3,522 crore but increased 11.9% QoQ, along with brokerage views on the results and operations....
Synopsis: Wipro’s board will review a proposed Rs. 16,000 crore share repurchase on April 16. Backed by Rs. 41,000 crore cash reserves and cleared approvals, the move marks its first buyback in three years. The shares of the company are one of the leading Al-powered...
Synopsis: Wipro Ltd saw its shares fall by 10 % in the Day’s Trade following their Q3 results, in which their YoY revenue rose by 5.5% to ₹ 23,556 Crores, and their net profit in YoY declined by 6.5% to ₹ 3,145 Crores, with a weak Q4FY26 growth outlook. The shares of...
India’s IT sector is accelerating its focus on artificial intelligence (AI), recognizing its potential to revolutionize services and create new growth avenues. Major Indian IT companies, including TCS, Infosys, and Wipro, are intensifying investments in...
The Indian IT sector demonstrated resilient performance in Q2 FY25 as major players announced their results in mid-October 2024. Despite global economic uncertainties, the sector shows promising signs of recovery. Moreover, companies are expanding their AI...
