Wipro share price jumps over 2% intraday post Q1 results - brokerages say this about stock
Despite strong first-quarter numbers, the brokerages are sceptical about the shares of Wipro, as the majority of them reducing the stock price target. Moreover, after trading at day’s high in the early morning trade, the scrip is trading weak at 0.8 per cent to Rs 571.25 apiece at 11:20 am.
Wipro on Thursday reported a 12.5 per cent growth in revenue on a QoQ basis: PTI