Wipro shares jump nearly 10% after Q4 earnings | Business Ne

Wipro shares jump nearly 10% after Q4 earnings | Business News – India TV


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Shares of Wipro zoomed nearly 10 percent in morning trade on Friday after the company posted a 27.7 percent jump in consolidated net profit at Rs 2,972 crore for the March 2021 quarter
Shares of Wipro zoomed nearly 10 percent in morning trade on Friday after the company posted a 27.7 percent jump in consolidated net profit at Rs 2,972 crore for the March 2021 quarter, and exuded confidence of sustaining strong growth momentum in the coming quarters.
The stock jumped 9.51 percent to Rs 472 -- its 52-week high -- on the BSE.
At the NSE, it rallied 9.67 percent to Rs 472.35 -- it's a one-year high. The results were announced after market hours on Thursday. Wipro had registered a net profit (attributable to equity holders) of Rs 2,326.1 crore in the year-ago period, as per Indian Accounting Standards (Ind-AS).

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