Wipro’s Market Capitalization Surpasses ₹2.61 Lakh Crore Following Q3 Earnings; The Company’s Share Price Rises by 14%

Two days following the announcement of its Q3 results, global IT company Wipro witnessed a significant increase in its share prices, targeting a rise of about 14 percent.

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Wipro’s Market Capitalization Surpasses ₹2.61 Lakh Crore Following Q3 Earnings; The Company’s Share Price Rises by 14%

Two days following the announcement of its Q3 results, global IT company Wipro witnessed a significant increase in its share prices, targeting a rise of about 14 percent.

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On January 15, just two days after the company’s Q3 earnings were released, Wipro shares increased by 14%.

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Wipro’s share prices increased by 14% on Monday, the first trading day following the release of the IT company’s quarterly results.

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Wipro saw its market cap leap up by ₹18,168 crore on Monday, increasing to ₹2,61,217.37 during the early trade hours.

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Today, the stock on the NSE and BSE reached its 52-week high, rising 13.65 percent and 13.10 percent, respectively.

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Wipro currently has a targeted revenue growth of -1.5 percent to 0.5 percent for the fourth quarter of the financial year, ending in March 2024.

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