Prabhudas

  • Wipro gains post Q4 results, brokerages estimate weak near-term outlook

    Shares of Wipro rose 2.03 per cent on Monday’s trade to close at ₹461.95 on the NSE despite posting weaker-than-expected March quarter financial results. Even analysts remain rather bearish on the stock. The company’s profits rose 5.2 per cent q-o-q. However, the company recorded an 8 per cent profit decline in Q4 at ₹2,835 crore.

    stock index April 23, 2024