Wipro Ltd: Miss on 3Q and 4Q Revenue Guidance
Wipro (WPRO) reported 3QFY22 IT Services revenue of USD2.64b (+3.0% QoQ CC), missing our estimate by 70bps. We now expect FY22 IT Services revenue...
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Wipro: Revenue Below Expectations; Efficient Execution Provides Margins Resilience
We recommend a HOLD rating on the stock and assign a 27x P/E multiple to its FY24E earnings of Rs 27.7/share to arrive at a TP of Rs 750/share,...
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HSIE Results Daily: Tata Consultancy Services, Infosys, Wipro
Tata Consultancy Services: TCS reported in-line revenue performance, while the margin was a miss. Infosys: We maintain BUY on Infosys (INFY),...
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Focus on driving growth with stable margin
We attended WPRO's Investor Day. The management commentary continues to point towards sustained growth momentum, with stable margin. The management...
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Wipro: Strong Q2 Numbers
Wipro is an IT, consulting & BPO catering to BFSI, health, consumer, energy & utility, technology and communication. With 190000 employees, it...
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