Wipro caps variable pay at 80% for Q1 FY24, to defer annual salary hike
The company plans to carry out the pay raise in the third quarter of the year instead of Q2, like it usually does.
Source: businesstoday.in
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TCS, HCL Tech, Wipro give cautious guidance; what should investors do with these stocks after subdued Q1FY24 results?
Indian IT firms TCS, HCL Technologies, and Wipro have reported mixed Q1FY24 results, with cautious guidance for the future. Brokerage firms have varying verdicts on these stocks.
N Ganapathy Subramaniam Motilal Oswal It Services Motilal Oswal Financial Services Oswal Financial Services Nuvama Wealth Management
Source: livemint.com
Neutral Wipro; target of Rs 380: Motilal Oswal
Motilal Oswal recommended Neutral rating on Wipro with a target price of Rs 380 in its research report dated July 13, 2023.
Source: moneycontrol.com
The Future of IT: Embracing Outsourced IT Services for Enhanced Efficiency
Cybersecurity threats are becoming increasingly sophisticated, businesses must prioritize their security measures. Outsourced IT services
Service Level Agreements Slas It Services Human Resources Business Internet Technology Concept Source Service Levels Specialized Skills Service Level Agreements
Source: opptrends.com
TCS, Infosys, TechM, Wipro, HCL Tech, LTIMindtree: 6 IT shares add Rs 1.7 lakh crore m-cap in 2 days!
TCS rose 5.13 per cent to Rs 3,512 level on Friday. This was in addition to 2.47 per cent rise on Thursday. The IT firm alone added Rs 92,135 crore to its m-cap in the two-day period.
Source: businesstoday.in
Wipro (NYSE:WIT) Shares Up 2.9%
Wipro Limited (NYSE:WIT – Get Free Report) shot up 2.9% during trading on Friday . The company traded as high as $4.96 and last traded at $4.94. 494,370 shares changed hands during mid-day trading, a decline of 76% from the average session volume of 2,053,017 shares. The stock had previously closed at $4.80. Analyst Upgrades […]
Sanfordc Bernstein Jpmorgan Chase Co Wipro Limited It Services Assetmark Inc Enterprise Financial Services Corp
Source: modernreaders.com
hcl tech share price: HCL Tech shares fall 2% on weak Q1 numbers. How to trade stock now?
HCL Technologies reported a nearly 8% year-on-year (YoY) rise in consolidated net profit for the June quarter to Rs 3,534 crore. This was lower than the ET Now poll estimate of Rs 3,792 crore. Consolidated revenue grew 12% YoY to Rs 26,296 crore, and was also a tad below the estimated Rs 26,810 crore.
Source: indiatimes.com
Wipro Q1 results: Profit rises 12% to Rs 2,870 crore; Q2 guidance & more
Wipro said its r evenue for the quarter rose 6.04 per cent YoY to Rs 22,831 crore compared with Rs 21,528.60 crore in the corresponding quarter last year.
Source: businesstoday.in
Wipro Manages To Surpass Q1 Revenue Expectations, Driven By IT Services Growth - Wipro (NYSE:WIT)
Wipro Limited (NYSE: WIT) reported first-quarter FY24 gross revenue of $2.782 billion, an increase of 6% Y/Y, marginally beating the consensus of $2.78 billion.
Source: benzinga.com