Wipro Gains Ahead Of Fourth Quarter Earnings Announcement
Share price of software services major Wipro gained around three per cent on Thursday, April 15, ahead of the company's announcement of its fourth-quarter results for financial year 2020-21. On Thursday, Wipro opened on the BSE at Rs 420.40, touching an intra day high of Rs 433.35 and an intra day low of Rs 415, in the trading session so far. On the NSE, Wipro opened at Rs 418.90, touching an intra day high of Rs 430.40 and an intra day low of Rs 415, in the session so far, against its previous close of Rs 418.95. (Also Read:Â Wipro Q3 Results: Software Services Major's Profit Rises 20.4%Â )
On the BSE, Wipro was last trading at Rs 2.70 per cent higher at Rs 429.95. Meanwhile, on the NSE, it was last trading 2.73 per cent higher at Rs 430.40.
In the third quarter of financial year 2020-21, Wipro reported a consolidated profit of ₹ 2,968 crore for the, rising 20.4 per cent, compared to ₹ 2,465.7 crore in the second quarter. Wipro's consolidated revenue for the October-December quarter clocked Rs 15,670 crore — higher by 3.8 per cent, compared to Rs 15,096.7 crore in the September quarter.
-
Signature Play: The Classic Cocktail Is Dead. Or Is It?
Classic cocktails are disappearing from India's cocktail menus. But they're still being ordered, taught to bartenders and borrowed from. So, who's really having the last drink?
-
A New Samvat Wishlist: Inclusive Prosperity And Human Development
India has strengthened its economic foundations through infrastructure, digital access and enterprise. Its next growth chapter must deepen productivity, create better livelihoods and widen participation in prosperity.
-
Love, Sex Aur Dhokha: The Audacious Plot To Spy On Jensen Huang
A Taipei dinner, a Singapore chip buyer and a suspected Chinese asset: inside the alleged spy operation that got close to NVIDIA's Jensen Huang.
-
Ten Things I Learnt This Samvat
Patience can be a trap. Cheap stocks can stay cheap. Leverage can wipe you out. What did Samvat 2082 teach us? Niraj Shah writes on 10 lessons from the year gone by.
-
Talking Points This Week: Tech Nerves, FII Buying, And A Faraway Banking Shock
The global markets are not shining this Diwali. The exception in the large markets is, India.
-
Midterm Rally Lasted A Day. The Hard Reality Of A Divided US May Last Two Years | Opinion
Between a contested AI boom, a debt ceiling that arrives in 2027 and a president with every incentive to act alone, the next two years may prove more volatile than the first day's rally suggests.
-
Blue Wave Will Derail the AI Trade but Won't Dismantle the AI Era | Unhedged Position
The Democrats' sweep of the US Congress will see politics collide with economic forces both over the long and short term.
-
It's Time To Take The GST Council's Bet On Trust Global
Payment records can prove India's services exports, and clear, proportionate rules can bring foreign digital sellers into the tax net.
-
Opinion | India at 38: From Innovation Overperformer to Innovation Powerhouse
India now has 453 VC-backed deep science startups, 18 of them late-stage, after 117 percent growth since 2020. Laurus Labs, at USD 9.3 billion, is the most valuable deep science company in any middle-income economy outside China.