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The Latest Breaking News from Wipro

2 reasons why Infosys, TCS and other IT stocks are rising today

Indian IT stocks saw gains on Friday, led by Tech Mahindra's better-than-expected first quarter results. Infosys and HCL Tech also advanced, with HCL Tech securing a significant seven-year deal. Wipro shares declined more than three percent after reporting weak first-quarter performance. Brokerages offered positive outlooks for Tech Mahindra, increasing target…

The Economic Times

Q1 Results today: Reliance Industries, JSW Steel among 33 companies announcing June quarter earnings. What to expect?

Reliance Industries and 32 other firms will announce quarterly earnings on Friday. Several major banks are scheduled to release their April-June quarter results on Saturday. The market is reacting to Thursday's earnings announcements from IT majors and other companies. Analysts expect Reliance Industries to report steady performance driven by its…

The Economic Times

Wipro shares fall over 3% after Q1 results. Why have Nomura, Motilal & others cut target prices?

Brokerages remained divided on Wipro after its Q1FY27 results, with Nomura and Nuvama retaining Buy ratings but lowering target prices due to weak growth and cautious guidance. Motilal Oswal maintained a Neutral rating, citing another challenging year ahead. While analysts flagged macro uncertainty and sluggish deal ramp-ups, they believe AI-led…

The Economic Times

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Stocks in news: Reliance Industries, Tata Tech, Wipro, Jio Financial, ITC, Maruti Suzuki

In today's trade, shares of Reliance Industries, Tata Tech, Wipro, Jio Financial, ITC, Maruti Suzuki among others will be in focus due to various news developments and first quarter results.

The Economic Times

Wipro’s muted quarter; UPI’s merchant fee revival

Wipro posted flat first-quarter profit despite higher revenues. This and more in today’s ETtech Top 5.

The Economic Times

Wipro declares interim dividend worth Rs 2/share, fixes record date. Check details

Wipro declared an interim dividend of ₹2 per share, with July 27 fixed as the record date. The IT major reported modest Q1 FY27 profit and revenue growth, issued cautious quarterly guidance and reiterated its focus on AI-led business transformation.

The Economic Times

Wipro Q1 Results: Profit flat YoY at Rs 3,352 crore; co declares Rs 2/share dividend

Wipro Q1 Results: Wipro reported a modest 1% year-on-year rise in June-quarter net profit to Rs 3,352 crore, while revenue grew 11%. The IT major declared an interim dividend of Rs 2 per share, but maintained a cautious outlook for the September quarter, guiding for flat to slightly negative sequential…

The Economic Times

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Q1 results today: Jio Financial, Wipro, Polycab India, BHEL among 41 companies to report earnings

The June quarter earnings season gathers pace on July 16, with 41 companies, including Jio Financial Services, Wipro, Tech Mahindra, BHEL, Polycab India and 360 One, set to announce results. Corporate earnings are expected to grow around 10%, marking the strongest expansion in four quarters after TCS kicked off the…

The Economic Times

Stocks in news: Wipro, Jio Financial, HDB Financial, HDFC AMC, SBI

Indian markets experienced volatility, ending nearly unchanged amid mixed global cues. Several companies like Wipro and Jio Financial announced their first quarter results today. Angel One reported a strong quarter with significant year-on-year profit growth. HDB Financial and HDFC AMC also posted increased profits for the June quarter. SBI appointed…

The Economic Times

Wipro clients moving from AI experimentation to execution: Rishad Premji

Wipro's Rishad Premji noted clients are embedding AI into core business processes. This technological shift occurs as the IT sector focuses on cost optimization. AI is creating new opportunities for innovation and accelerating demand for data services. Wipro is deploying AI internally, reducing financial closing cycles significantly. The company is…

The Economic Times

Wipro Q1 Preview: Under pressure from AI, what can investors expect from earnings?

Wipro's Q1 earnings are expected to show a revenue rise, driven by acquisitions and currency. Core IT services revenue may decline sequentially, impacting overall profitability. Analysts anticipate margin pressure from wage increases and deal ramp-ups. Investors will focus on September quarter guidance and deal conversion rates. Management commentary on demand…

The Economic Times

TCS, Infosys, Wipro & other IT stocks fall more than 2%. Here's why

Indian IT stocks such as TCS, Infosys, Wipro, HCLTech, Tech Mahindra, Persistent Systems and Coforge declined up to 2.5% after IBM plunged 25% in its steepest-ever one-day fall on weak preliminary quarterly results. The negative sentiment spilled over to US-listed Indian IT firms, with Infosys and Wipro ADRs falling up…

The Economic Times

Stocks in news: Groww, Delhivery, Infosys, Wipro, IDBI Bank, Tata Elxsi

Markets traded under pressure amid renewed geopolitical concerns on Tuesday. Several companies like Groww and Infosys will be in focus today. Anand Rathi Share reported a significant profit rise for the June quarter. IDBI Bank clarified reports regarding a potential Fairfax Financial offer. Tata Elxsi announced an 18.2% profit increase…

The Economic Times

Infosys, Wipro ADRs crash up to 7% as IBM warning sends ripples across IT sector

Infosys and Wipro ADRs fell after IBM forecast weaker-than-expected quarterly revenue, signalling enterprise spending is shifting from software to AI infrastructure. The warning heightened concerns over discretionary technology budgets, deal delays and growth prospects for Indian IT companies.

The Economic Times

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The Economic Times

AI, Iran war risks weigh on Indian IT firms’ earnings outlook

Indian IT companies like HCL Technologies and Wipro are reporting earnings amid AI concerns. Macroeconomic uncertainty and Middle East conflict add pressure to the sector. Taiwan Semiconductor Manufacturing Company's results will offer a key reality check for the AI boom. Tech Mahindra expects margin expansion from cost-cutting and a large…

Times Life

What Azim Premji Said About Values, Ethics, and Integrity That Business Schools Miss

Chanakya Set the Standard Premji Actually KeptChanakya wrote in the Arthashastra that a leader's character is not what he declares but what he does when the cost of doing right is real. Azim Premji did not quote Chanakya. He didn't need to. When Wipro was building its early IT business…

The Economic Times

TCS Q1 results after party: Infosys, Wipro, other IT stocks jump up to 4%. Why are analysts bullish despite AI worries?

IT stocks including Infosys, Wipro, HCL Tech and Tech Mahindra rose sharply after TCS delivered a better-than-expected Q1 performance. Brokerages turned optimistic, citing resilient margins, improving demand outlook, attractive valuations and growing AI-led opportunities, despite lingering concerns over discretionary spending and macroeconomic uncertainty.

The Economic Times

TCS shares dip 2% ahead of Q1 earnings today. What can shareholders expect?

Tata Consultancy Services shares declined as the company prepares to announce its first-quarter results. Analysts anticipate modest profit growth and weak revenue momentum for the IT bellwether. Demand for IT services remains soft due to economic uncertainty and client spending caution. Large deal ramp-ups and AI-led spending may offer some…

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The Economic Times

TCS, Infosys and other Indian IT stocks rise up to 4% after AI worries trigger Kospi selloff

Indian IT stocks climbed despite a sharp sell-off in Asian chipmakers, as investors positioned for Q1 earnings. Indian IT stocks have had a rough ride in recent months because investors worry that AI could hurt billing growth, reduce manpower-linked revenue and force companies to pass productivity benefits to clients. With…

The Economic Times

IT stocks are beginning to offer bank FD-like dividend yields. But is that a trap for investors?

Indian IT stocks now offer dividend yields comparable to bank fixed deposits. These yields have risen because stock prices have significantly declined from their peaks. Companies possess substantial liquidity and are actively using buybacks and dividends for support. However, sector headwinds from AI and geopolitics create uncertainty for future growth.…

The Economic Times

The Q1 verdict: Can TCS, Infosys, other IT results stop a Rs 17 lakh crore AI-led rout?

India's top IT firms like TCS and Infosys face a crucial earnings season after a massive Rs 17 lakh crore market value erosion. Analysts anticipate muted results and weak future guidance, citing client spending slowdowns, pricing pressures, and the disruptive impact of AI. Investors are keenly watching if current valuations…

The Economic Times

IT selling nearing an end; banks and FMCG remain top bets: Neeraj Dewan

Broader markets show resilience despite IT sector weakness, with expert Neeraj Dewan suggesting investor confidence hinges on stronger company outlooks. While IT valuations are becoming attractive, caution is advised for long-term investors. Traders might see a bounce. Lower crude prices boost banking and financials, while commercial vehicles are favored over…

Whats Hot

After 5.5 Years at Wipro, Marketing Professional Shares Emotional Layoff Story

You spend years building a career at one company. Over time, the workplace becomes more than just an office—it becomes part of your daily routine. You know your colleagues, understand the work inside out, and begin to believe you'll be there for years to come.

The Economic Times

Infosys, TCS and other IT stocks jump up to 5% on dip buying. Is the worst over?

IT stocks rebounded sharply on Thursday, with the Nifty IT index surging nearly 4% after a four-session slide that pushed it to a 52-week low. Coforge led gains with a 5% jump, while Infosys, Mphasis, HCL Tech and Persistent Systems rose around 4%. The recovery lifted sentiment after the sector…

The Economic Times

Wipro shares could crash 17% on Thursday if ADR is an indicator. What’s worrying investors?

Wipro shares are poised for a significant drop following a steep decline in its ADRs, fueled by investor worries about future earnings and AI's impact on IT services. The company, already down substantially from its peak, faces headwinds from North American market slowdowns and the disruptive potential of generative AI.…

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