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WIPRO ADR DECLINE
Rs 40,000 crore gone in minutes! Why Infosys shares crashed 9% to hit lowest level in almost 6 yearsInfosys share price: Infosys shares plummeted 9% to a near 6-year low, losing nearly Rs 40,000 crore in market cap. This follows Accenture'...
TCS, Infosys, Wipro, other IT stocks crash up to 8% as Accenture lowers FY26 guidanceIndian IT stocks, including TCS and Infosys, tumbled up to 8% after Accenture lowered its annual revenue growth forecast, signaling continu...
Infosys ADRs crash over 8%, Wipro falls 6% after Accenture cuts annual revenue forecastInfosys and Wipro ADRs plunged following Accenture’s reduced FY26 revenue forecast. This downgrade highlights enterprise caution regarding ...
Wipro shares plunge over 8%. What’s behind the selloff?Wipro shares dropped significantly on Monday. This decline follows the company's share buyback record date. Investors who bought shares for...
Wipro plunges 8% after shares turn ex-record date for Rs 15,000 crore buybackWipro shares fell sharply on Friday after turning ex-record date for its Rs 15,000 crore buyback, despite broader market gains in the early...
Infosys, Wipro, TCS, other IT stocks jump up to 4%: What’s behind the bullish sentiment in a muted market?IT stocks, including Infosys and TCS, surged up to 4% on Friday, driven by Wipro's expanded partnership with ServiceNow to scale AI workflo...
Wipro’s Rs 15,000 crore share buyback: Should you participate or avoid?Wipro announced its largest-ever share buyback of Rs 15,000 crore at a 19% premium, despite lackluster Q4 earnings. The IT major's board ap...
'Weak and lacklustre': Why Jefferies is disappointed with Wipro earnings as ADRs fall nearly 3%Wipro’s March quarter results missed expectations, with weak revenue growth, declining profit, and soft guidance. Jefferies highlighted slo...
Wipro share buyback: IT major announces Rs 15,000 crore offer at 19% premium. Key things to knowWipro share buyback: IT services giant Wipro announced a significant Rs 15,000 crore share buyback at Rs 250 per share, a 19% premium over ...
IT stocks to rally on Wednesday? Infosys, Wipro ADRs surge up to 5%. Here's whyIT stocks may rally on Wednesday as Infosys and Wipro ADRs surged overnight, supported by strong gains in US tech stocks and easing fears o...
Wipro, Infosys ADRs fall over 2% after TCS reports Q4 results. What to expect on Friday?ADRs of Wipro and Infosys declined after Tata Consultancy Services reported steady Q4 results with strong deal wins and rising AI revenue. ...
Infosys, Wipro shares down 2-3% as Anthropic shock continues to haunt investorsIndian IT stocks like Infosys and Wipro saw significant drops following a sharp decline in their US ADRs. Investor concerns are mounting ov...
Wipro ADRs fall 6% as Q3 profit declines, deal activity goes downWipro's US-listed ADRs dropped nearly 6% following its December-quarter results, as investors reacted to a 7% year-on-year decline in net p...
Infosys, Wipro ADRs decline up to 4% amid Trump’s proposal for $100,000 annual H-1B visa feeAmerican Depositary Receipts of Infosys and Wipro faced a decline. This followed the Trump administration's plan. The plan proposed a $100,...
Wipro ADRs plunge 7% despite 26% YoY PAT growth in Q4Wipro ADRs fell 7% despite a 26% YoY jump in Q4FY25 net profit to Rs 3,570 crore. Weak Nasdaq cues and flat revenue growth tempered investo...
Infosys, Wipro ADRs jump 3% on Accenture's Q1 revenue beat, guidanceInfosys and Wipro ADRs surged nearly 3% after Accenture's strong Q1 earnings beat. Accenture's revenue growth was driven by increased deman...
Wipro ADRs fall nearly 12% on Q1 revenue drop even as PAT beats estimatesThe IT major exceeded analysts' expectations with a consolidated net profit of Rs 3,003 crore for the quarter ending June 30, 2024. This ma...
Wipro ADRs jump 16% after Q3 results meet expectationsThe spillover of positive sentiments around Indian IT stocks, after decent third-quarter results by peers Infosys and TCS, is likely reflec...
Wipro trades 1:1 ex-bonus; shares slip over 1%The scrip was trading 0.38 per cent down at Rs 262.15 in early morning trade.
- Indian IT no more bellwether abroad
Global perception about investing in Indian IT stocks is undergoing a change with top IT companies witnessing a decline in market capitalis...