Just In
Don't Miss
-
India vs England Test Series 2021-22: Full List of Award Winners, Player of The Series, Records and Stats -
Asus ROG Phone 6 Pro, ROG Phone 6 Launched In India: Features, Price -
Maruti Suzuki YFG Vitara SUV To Arrive On 20th July - Dual Hybrid SUV To Revive Old-School Bbadge -
COMEDK Result 2022 Released At comedk.org, Download COMEDK UGET Scorecard Here -
Suriya 39 Update: The Actor To Romance Pooja Hegde In This Film With Director Siva! -
Twitter pursues legal review of Govt's orders to take down content: Report -
Can A Person Live With Dextrocardia? Causes, Symptoms And Treatments For This Rare Congenital Condition -
Rules To Keep In Mind While Traveling With Your Pets
Wipro Shares Jump Over 3% Ahead Of Q4 Results
Wipro shares in Thursday's trade (april 15,2021) gained to day's high price of Rs. 433, gains of more than 3 percent. This is even as the IT index is down by over 0.5 percent at the time of writing this copy.
The IT firm is due to announce its Q4FY21 earnings today in which the company's is expected to report flat quarter-on-quarter growth in profit for the just ended quarter. Though there is an expectation that growth could be as high as 26-32 percent on a YoY basis. Revenues are seen rising 3 per cent both on sequential and year-on-year bases.
Nonetheless margins may be impacted on account of salary hikes implemented during the three-month period.
According to a Bloomberg consensus, the company may report a net profit of Rs. 2873.7 crore as well as revenue of Rs. 15986.8 crore for the fiscal fourth quarter.
Shares of Wipro last were up 2.69 percent at Rs. 430.20 per share.
GoodReturns.in
