Wipro reported strong order bookings but saw revenue decline and margins contract. The company’s management noted no significant demand changes from the prior quarter. Future revenue guidance remains cautious, expecting a slight drop or marginal improvement. However, annual revenue trends show moderation, aided by acquisitions and steady orders. Stock valuation reflects investor sentiment, awaiting revenue and profitability improvements.
FIIs increase stake: 11 Nifty stocks rally up to 50% in FY27 so far
Foreign institutional investors raised their stakes in 19 Nifty 50 companies in the September 2026 quarter. Of these, 11 stocks have gained 10% to 50%
November 2, 2026