Wipro shares crash 5% after Q4 earnings results
Mansi Agarwal, Published on Apr 17th, 2025
Wipro's shares crashed over 5% on Thursday after it released its earnings results for Q4 FY25. The IT major's weak Q1 FY26 outlook and tepid revenue growth weighed heavily on investor sentiment despite a 26% YoY net profit growth. At least 13 brokerages also slashed their price target for Wipro shares after the company's cautious outlook, as per Bloomberg data.
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