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After Infosys' research arm estimates APAC AI generative spending to rise by 3X in 2024, here's how IT stocks are faring today

After Infosys' research arm estimates APAC AI generative spending to rise by 3X in 2024, here's how IT stocks are faring today

Mon, Jan 29, 2024

Infosys Knowledge Institute estimated the highest growth of 160 per cent for China with potential expenditure of around Rs 17430 crore ($2.1 billion) in generative AI.

Analyzing L&T Tech's Q3 Results: Understanding the December Quarter Performance, Buy Wipro?

Analyzing L&T Tech's Q3 Results: Understanding the December Quarter Performance, Buy Wipro?

Wed, Jan 17, 2024

How about L&T Tech's December quarter results? Why buy L&T Tech on dip? What to do in #Wipro at lower levels? #anilsinghvi's analysis on L&T Tech results, Wipro ADR decline

Wipro's Power-packed Performance in Q3FY24 Results! ADR Soars by 17%, Expert Analysis by JP Morgan?

Wipro's Power-packed Performance in Q3FY24 Results! ADR Soars by 17%, Expert Analysis by JP Morgan?

Mon, Jan 15, 2024

Results On Zee | Strong results, Wipro's ADR jumped 17%, what's special in Wipro's results? JP Morgan's opinion on Wipro, what is so special about Q3FY24 results, know from Kushal.

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Wipro Q4 adds to profit, but growth lags Infosys, TCS; Should you buy this Azim Premji led company's stock?

Wipro Q4 adds to profit, but growth lags Infosys, TCS; Should you buy this Azim Premji led company's stock?

Wed, Apr 17, 2019

Wipro presented its last quarter and fiscal year result for FY19 on Tuesday. The firm bagged consolidated net profit of Rs 2,484 crore in Q4F1Y9, higher by 37.74% compared to profit of Rs 1,808 crore a year ago same period.

Wipro shocker! Stock plunges over 3%; should you buy now?

Wipro shocker! Stock plunges over 3%; should you buy now?

Mon, Jan 21, 2019

Wipro in its Q3FY19 result, posted a massive profit of Rs 2,544 crore, rising by as much as 31.43% from Rs 1,935.9 crore from a year ago, same period.

Wipro shines more than Infosys, TCS in Q3FY19: Logs 31% rise in Q3 PAT to Rs 2,544 crore

Fri, Jan 18, 2019

Interestingly, Wipro's growth rate in PAT is better than what its peers have achieved during Q3FY19.

Wipro vs TCS vs Infosys: Why Azim Premji company was best pick despite Q2 pain; should you buy?

Wipro vs TCS vs Infosys: Why Azim Premji company was best pick despite Q2 pain; should you buy?

Thu, Oct 25, 2018

Wipro vs TCS vs Infosys: Azim Premji led company's share price ended up being the best pick for investors, as it was top performer on BSE, and finished at Rs 319.60 per piece up by 3.38%.

Wipro's Rs 11,000 cr share buyback to begin from Nov 29

Wipro's Rs 11,000 cr share buyback to begin from Nov 29

Mon, Nov 20, 2017

The company has announced to buyback over 34.37 crore fully paid-up equity shares of face value Rs 2 each of the firm, representing up to 7.06 per cent of the total paid-up equity share capital, from all the fully paid-up equity shareholders/ beneficial owners of the shares as on the record date of September 15, 2017, on a proportionate basis, it said in a regulatory filing.

Vishal Sikka's resignation wipes off over Rs 22,500 crore from Infosys' market cap

Vishal Sikka's resignation wipes off over Rs 22,500 crore from Infosys' market cap

Fri, Aug 18, 2017

Friday turned out be a dramatic day for Infosys Vishal Sikka resigned from his post of MD and CEO with immediate effect. This was not taken well by investors. Share price of Infosys touched a four-year low of Rs 884.40 per piece – a level which was last seen on August 21, 2014.

Wipro, RIL shares jump as results cheer investors

Wipro, RIL shares jump as results cheer investors

Fri, Jul 21, 2017

Shares of IT major Wipro Ltd and petrochemicals-maker Reliance Industries Ltd (RIL) jumped on Friday after the two companies announced positive first quarter ended June 30, 2017 (Q1FY18) results on Thursday.

Wipro reports muted Q1FY18, sees revenue at $2 billion in Q2FY18

Wipro reports muted Q1FY18, sees revenue at $2 billion in Q2FY18

Thu, Jul 20, 2017

On consolidated basis, Wipro reported a net profit of Rs 2082.6 crore as against Rs 2059 crore in Q1FY17.

Wipro chief Premji's salary drops 63% to $1,21,853 in FY17

Wipro chief Premji's salary drops 63% to $1,21,853 in FY17

Mon, Jun 05, 2017

Premji's package included USD 66,464 in salary and allowances and USD 41,742 (others) and USD 13,647 in long-term compensation (deferred benefit - company's contribution to the Provident Fund and Pension Fund), totalling to USD 121,853 for the year 2016-17, as per documents with the US SEC.

Wipro reports muted Q4 net profit; revises Q1FY18 guidance

Wipro reports muted Q4 net profit; revises Q1FY18 guidance

Tue, Apr 25, 2017

For the full financial year, the company registered a net profit of Rs 8514.3 crore as against Rs 8956.7 crore during the same period last year.

Wipro's Q3 net profit drops 6%; revises Q4 guidance

Wipro's Q3 net profit drops 6%; revises Q4 guidance

Wed, Jan 25, 2017

Giving the guidance the company said that they expect revenues from our IT Services business to be in the range of $ 1,922 million to $ 1,941 million.

Will Wipro follow rivals' path in beating Q3 estimates?

Will Wipro follow rivals' path in beating Q3 estimates?

Wed, Jan 25, 2017

Wipro rivals, Infosys and Tata Consultancy Services has already announced its financial result in the beginning of earning season.

Wipro posts nearly 8% drop in Q2 net profit; cuts guidance

Wipro posts nearly 8% drop in Q2 net profit; cuts guidance

Fri, Oct 21, 2016

The company in a regulatory filing said that the total income during Q2FY17 increased from Rs 13198.6 crore in Q2FY16 to Rs 14407.3 crore.

Wipro picks up minority stake in Israeli firm for Rs 9.9 crore

Wipro picks up minority stake in Israeli firm for Rs 9.9 crore

Fri, Aug 19, 2016

The Bengaluru-based company expects the transaction to be completed by August 31, 2016.

Here's what TCS, Infosys and Wipro's poor Q1 performance say about the future

Here's what TCS, Infosys and Wipro's poor Q1 performance say about the future

Wed, Jul 20, 2016

After Infosys, Wipro on Tuesday registered disappointing result for the quarter ended on June 30.

Wipro's decline in net profit goes beyond hike in wages

Wipro's decline in net profit goes beyond hike in wages

Wed, Jul 20, 2016

The company's balance sheet also showed a high rise in the expenses towards sub-contracting, techincal fees and third party application to Rs 1,844.4 crore as against Rs 1,392.8 crore in corresponding quarter last year.

Wipro's first quarter net declines; guidance under $2 billion

Wipro's first quarter net declines; guidance under $2 billion

Tue, Jul 19, 2016

However, the total income of Wipro increased by 7.5% to Rs 11,587.5 crore.

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