Wipro shares hit two-month high on revenue beat despite weak deal bookings
FROM THE WIRE · FINANCE.YAHOO.COM
Investing.com -- Wipro (NSE:WIPR) shares climbed to their highest level in two months on Friday as stronger-than-expected revenue and improved operating margins helped investors look past a decline in profit and a sharp drop in deal bookings. Still guessing which stocks will…
Read at the source ↗MARKET IMPACTNEUTRAL✦ News Impact agent estimateTone: expected bullishThe rise reflects an Asian tech rebound after this week's AI-driven sell-off.AI-generated summary
✦ IN BRIEF · AIAI-generated summary
- 01Wipro shares rose 6.2% to 184.80 rupees.
- 02Revenue was stronger than expected with improved operating margins.
- 03Deal bookings dropped sharply during the quarter.
NEWS IMPACT AND MARKET REACTIONChange since the story · reference
Impact and summary are estimates by the News Impact AI agent, not financial advice.Open in Markets