IT Stock Under Pressure as Analyst Recommends Selling After Weak Guidance

Thursday, April 17, 2025, by Rahul Kaushik

Shares of a prominent Indian IT services company, Wipro, faced significant selling pressure today after a disappointing revenue guidance for the first quarter of the fiscal year 2026 (Q1FY26). The weak outlook prompted leading market analyst Anil Singhvi to recommend that investors sell the stock. Wipro’s Q4FY25 earnings, announced yesterday, showed a mixed performance. While … Read more

Wipro Announces Q4 FY25 Results: Net Profit Surges 26% Beating Estimates

Wednesday, April 16, 2025, by Rahul Kaushik

Wipro Limited (NYSE: WIT, BSE: 507685, NSE: WIPRO), a leading global information technology, consulting, and business process services company, today announced its financial results for the fourth quarter ended March 31, 2025, showcasing a robust growth in net profit that surpassed market expectations. The Bengaluru-based IT giant reported a consolidated net profit of ₹3,570 … Read more