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Wipro's stock slips ahead of Q1FY25 earnings; check what analysts expect

Business Standard LogoBusiness Standard7h ago

Wipro's stock slips ahead of Q1FY25 earnings; check what analysts expect - Business Standard

Quick Summary:

Sequentially revenues are estimated to be flat, with a marginal increase of up to 1 per cent.

At 12:20 PM, the shares of Wipro were trading 1.86 per cent lower at Rs 562.55 per share on the BSE Sensex.

Moreover, the IT major may report a net profit in the range of Rs 2,879 crore to Rs 3,024 crore for the June quarter, against Rs 5,945 crore in Q1FY24.


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Article Details

Category: BusinessFinance

Markets:

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Source Website Secure: Yes (HTTPS)

News Sentiment: Neutral

Fact Checked: Legitimate

Article Type: News Report

Published On: 2024-07-19 @ 12:28:18 (7 hours ago)

News Timezone: GMT +5:00

News Source URL: business-standard.com

Language: English

Article Length: 483 words

Reading Time: 3 minutes read

Sentences: 21 lines

Sentence Length: 23 words per sentence (average)

Platforms: Desktop Web, Mobile Web, iOS App, Android App

Copyright Owner: © Business Standard

News ID: 21682144

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Main Topics: BusinessFinance

Official Website: business-standard.com

Update Frequency: 261 posts per day

Year Established: 1975

Headquarters: India

News Last Updated: 3 hours ago

Coverage Areas: India

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Publication Timezone: GMT +5:00

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Publisher ID: #49

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