Wipro’s shares dropped by over 7% despite a 4.6% YoY rise in net profit for the quarter ended June 2024. The revenue from operations saw a 4% decline compared to the same quarter last year. Brokerages have mixed views on Wipro’s performance and growth prospects.
India valuations fair, earnings key to upside over next 12 months: Mark Matthews
Indian equity markets are poised for steady, healthy growth, driven by the gradual payoff of fiscal and monetary stimulus. While global markets face volatility, India’s