Wipro at 52-week low as analysts cautious after weak Q2 show

October 14, 2022

Wipro’s shares declined more than 7%, or ₹28.65 per share, to close at ₹379.10 after India’s fourth-largest IT services firm’s December quarter guidance fell short of market expectations. The stock touched its 52-week low of ₹378.10 during Thursday’s trading and eroded nearly ₹15,700 crore of investor wealth.

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