Page 12 - Wipro

Wipro shares climb nearly 8% post Q2 earnings

Shares of IT company Wipro on Thursday zoomed nearly 8 per cent after it posted a 17 per cent jump in consolidated net profit for the quarter ended on September 30, 2021. The stock jumped 7.59 per cent to its 52-week high of Rs 723.65 on BSE. On NSE, it gained 7.62 per cent to its 52-week high of Rs 723.90. The IT company posted a 17 per cent jump in consolidated net profit to Rs 2,930.6 crore for the quarter ended on September 30, 2021. The company had posted a net profit of Rs 2,484.4 crore in the same period a year ago. Wipro said that it has surpassed USD 10 billion (around Rs 75,300 crore) annualised revenue run rate and is in position to hire 25,000 people in the next financial year. The company is also resuming work back from office in a staggered manner starting with fully vaccinated senior colleagues in India. Consolidated revenue of Wipro increased by about 30 per cent to Rs 19,667.4 crore during the quarter compared to Rs 15,114.5 crore it registered in the correspond

Wipro shares at record high on better-than-expected quarterly profit

Shares of India's Wipro Ltd surged as much as 7.6% to a record high on Thursday, a day after the IT services company logged a near 19% rise in quarterly consolidated net profit.

Wipro hits new high, rallies 8% on strong revenue growth in Sept quarter

Motilal Oswal maintains a 'Neutral' stance on the stock and awaits further evidence of execution of Wipro's refreshed strategy, & successful turnaround from its growth struggles over the last decade

Stocks to Watch: Infosys, Wipro, HCL Tech, Dish Tv, HDFC Bank, Zee

IT stocks will be in focus this morning, as market participants react to Infosys, Wipro and MindTree numbers. Thereafter, the focus will shift to HCL Technologies earnings

Q2 results: IT majors poised for gains on Infosys, Wipro guidance

Strong deal wins are likely to keep revenue growth elevated

Deal pipeline is bigger than ever before: Wipro CEO Thierry Delaporte

Delaporte speaks about the company's deal pipeline, the need to lower attrition, and how the firm plans to chart its growth path

Wipro beats estimates but profit falls 9.6% QoQ; IT revenue up 7.7%

Firm surpassed $10 billion in annualised revenue run rate

Stocks to Watch: Infosys, Wipro, MindTree, RIL, Tata Motors, PFC, airlines

Infosys, Wipro and MindTree on investors' radar ahead of the September earnings. Airline stocks also likely to be in limelight as aviation ministry allows 100 per cent occupancy for domestic flights

Wipro Q2 preview: Analysts see 25-29% YoY revenue jump; Q3 guidance key

Brokerage Sharekhan pegs Wipro's September quarter revenue at Rs 19,444 crore over Rs 15,114.50 crore posted in the corresponding quarter a year ago

Sebi restrains 2 Infosys, Wipro employees from securities market

The market regulator has also directed impounding of illegal proceeds of Rs 2.62 crore

IT stocks rally on Accenture's FY22 guidance; Infosys, Wipro at new highs

The Nifty IT index surged over 2 per cent in early trade on Friday as against a 0.48 per cent rise in the benchmark Nifty50 index

Wipro launches co-innovation space with Google Cloud in Bengaluru

IT services major Wipro on Friday announced the launch of the Wipro-Google Cloud Innovation Arena in Bengaluru to accelerate adoption of cloud services. This cloud collaboration space will provide in-house technical expertise, ensure seamless cloud adoption, and accelerate innovation to drive business transformation for customers, a statement said. "By combining the expertise and resources of Wipro FullStride Cloud Services and Google Cloud, this jointly developed innovation centre will offer a unique combination of people, processes, and platforms that will collectively create a futuristic experience for customers globally," it added. This arena will also showcase the talent, tools and best practices required to develop and deploy applications on Google Cloud. "We are excited to strengthen our partnership with Google Cloud, and look forward to leveraging the Wipro-Google Cloud Innovation Arena to increase cloud capabilities, build solutions across industries, and help our customer

Stocks to watch: Hindustan Copper, Zomato, Wipro, HG Infra, telecom stocks

CEAT shareholders approved the issuance of NCDs up to Rs 500 crore on a private placement basis

Wipro leaders to return to office from Monday: Chairman Rishad Premji

He also shared a video about the Covid-19-related safety protocols, including temperature checks and QR code scans, that have been put in place at the Wipro office

Wipro, HERE Tech partner to offer location-based services, analytics

IT services major Wipro Ltd on Tuesday said it has partnered with HERE Technologies to offer location-based services to customers

How IT firms are solving skills divide as they go back to campuses

Though the salary level of the students being hired has remained Rs 3-3.5 lakh for years, companies are ready to shell out more for those who excel in coding and programme languages

Sensex rises 176 pts to end above 56K for first time; BSE Midcap jumps 1%

The broader markets, meanwhile, outperformed, rising for the fourth straight session

Stocks to watch: IDFC First Bank, Wipro, Infosys, Adani Green, BHEL

Adani Green has approved raising up to $750 million via bond sales overseas

Stocks to watch: Canara Bank, Wipro, Tata Steel, Adani Ports, ICICI Bank

CARE Ratings has revised its outlook on Dollar Industries' long-term facilities from Stable to Positive

Wipro to hire up to 400 people in Arkansas, invest $3mn in new centre

IT firm Wipro on Tuesday said it will open a new delivery centre in Sherwood, Arkansas, and expects to hire up to 400 people in the next two years in the US state.