The fourth quarter earnings season is gaining traction, with key reports expected from Waaree Energies, Tata Communications, and HCL Tech. HCL Technologies anticipates a sequential revenue drop due to seasonal factors, with projected YoY revenue growth around 5% and net profit growth at 8%. Investors will closely monitor the impact of macro conditions and deal momentum.
Wipro shares crack 4% after Q4 results. What Goldman Sachs, 3 other brokerages are saying?
Wipro share price fell 4% after the company reported a 2% YoY decline in Q4 profit to ₹3,502 crore, despite announcing a ₹15,000 crore buyback.