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Wipro shares fall over 3% after Q1 results. Why have Nomura, Motilal & others cut target prices?
Brokerages remained divided on Wipro after its Q1FY27 results, with Nomura and Nuvama retaining Buy ratings but lowering target prices due to weak growth and cautious guidance. Motilal Oswal maintained a Neutral rating, citing another challenging year ahead. While analysts flagged macro uncertainty and sluggish deal ramp-ups, they believe AI-led demand and attractive valuations could support the stock over the long term.
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economictimes.indiatimes.com
HCL Tech shares fall 3% after Q1 results. What Nomura, Motilal Oswal & other brokerages suggest now
HCL Tech shares fell over 3% despite reporting a 20% YoY rise in Q1FY27 consolidated net profit to Rs 4,624 crore and a 13% increase in revenue to Rs 34,579 crore. The IT major…
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channelnewsasia.com
India's Wipro misses first-quarter revenue view
BENGALURU, July 16 : India's No.4 software services provider Wipro posted lower-than-expected first-quarter revenue on Thursday, with clients holding back non-essential tech…
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Wipro Q1 Results: Profit flat YoY at Rs 3,352 crore; co declares Rs 2/share dividend
Wipro Q1 Results: Along with the earnings, the companys board also approved an interim dividend of Rs 2 per share.
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thehindubusinessline.com
Wipro Q1 profit nearly flat at ₹3,352 crore; revenue grows almost 11% to ₹24,478.6 crore
Wipro's Q1 FY27 profit remains steady at ₹3,352 crore with revenue rising 10.6% to ₹24,478.6 crore.
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Wipro declares interim dividend worth Rs 2/share, fixes record date. Check details
Wipro declared an interim dividend of ₹2 per share, with July 27 fixed as the record date. The IT major reported modest Q1 FY27 profit and revenue growth, issued cautious…
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Wipro’s muted quarter; UPI’s merchant fee revival
Wipro posted flat first-quarter profit despite higher revenues. This and more in todays ETtech Top 5.
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yourstory.com
Wipro’s net profit remains flat in Q1 of FY27
Wipro delivered a muted performance for the first quarter of FY27 and the revenue guidance for the second quarter remained disappointing.
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thehindu.com
Wipro posts a flat Q1 bottom-line at ₹3,352 cr; maintains a muted outlook for upcoming quarter
Wipro reports flat Q1 profits at ₹3,352 crore, maintains cautious outlook while announcing ₹2 interim dividend per share.
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Wipro's strong deal wins offset by weak revenue and margin decline
Wipro reported strong order bookings but saw revenue decline and margins contract. The company's management noted no significant demand changes from the prior quarter. Future…
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Wipro shares fall over 3% after Q1 results. Why have Nomura, Motilal & others cut target prices?
Brokerages remained divided on Wipro after its Q1FY27 results, with Nomura and Nuvama retaining Buy ratings but lowering target prices due to weak growth and cautious guidance.…