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WIT / Wipro Limited (WIT) Loses 9.9% in 4 Weeks, Here's Why a Trend Reversal May be Around the Corner

Wipro Limited (WIT) Loses 9.9% in 4 Weeks, Here's Why a Trend Reversal May be Around the Corner
The heavy selling pressure might have exhausted for Wipro Limited (WIT) as it is technically in oversold territory now. In addition to this technical measure, strong agreement among Wall Street analysts in revising earnings estimates higher indicates that the stock is ripe for a trend reversal. Read More
Posted: Jan 19 2022, 12:19
Author Name: Zacks Investment Research
Views: 111857

WIT News  

Wipro Gains Large Clients Despite Tough Demand Environment

By Seeking Alpha
October 31, 2023

Wipro Gains Large Clients Despite Tough Demand Environment

Wipro Limited is facing challenges in the IT consulting industry as clients prioritize cost optimization projects over discretionary IT spending. The more_horizontal

There's no doubt that Europe's macroeconomic environment is not easy, Wipro CEO says

By CNBC International TV
October 19, 2023

There's no doubt that Europe's macroeconomic environment is not easy, Wipro CEO says

Thierry Delaporte, CEO and managing director of Wipro, says "it's not going to get easier anytime soon." more_horizontal

Indian tech giant Wipro discusses its plan to invest $1 billion in artificial intelligence

By CNBC International TV
July 14, 2023

Indian tech giant Wipro discusses its plan to invest $1 billion in artificial intelligence

Jatin Dalal, chief financial officer of Wipro, says it's a big investment but "that number can only go up and not come down." more_horizontal

Indian tech giant Wipro will invest $1 billion in AI, including training all staff

By CNN Business
July 14, 2023

Indian tech giant Wipro will invest $1 billion in AI, including training all staff

Wipro, one of India's top providers of software services, wants everyone on staff to know how to use artificial intelligence. more_horizontal

Wipro announces $1 billion investment into AI

By Invezz
July 12, 2023

Wipro announces $1 billion investment into AI

Wipro Limited is the latest multinational to eye growth opportunities via the increasingly dominant artificial intelligence (AI) space. On July 12, th more_horizontal

Wipro Faces Soft Client Discretionary Spending Amid Macro Uncertainties

By Seeking Alpha
June 28, 2023

Wipro Faces Soft Client Discretionary Spending Amid Macro Uncertainties

Wipro Limited provides a range of IT consulting and advisory services to organizations worldwide. While management touted its strong growth in booking more_horizontal

Sell Infosys, Wipro stocks as they are ‘highly exposed' to earnings risks, analyst says

By Market Watch
May 24, 2023

India's Wipro posts dip in Q4 profit

By Reuters
April 27, 2023

India's Wipro posts dip in Q4 profit

Indian IT services provider Wipro Ltd on Thursday reported a dip in quarterly profit amid a turbulent macro-economic environment, while the company ap more_horizontal


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