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.
Over 800 smallcaps end the week in red. 116 stocks fall in double-digits up to 43%
BSE Smallcap fell 2% last week, with 821 stocks declining up to 43%. Market sentiment remained weak due to US recession fears and tariff wars.
March 15, 2025