Wipro Ltd (WIPR.NS)
23 Apr 2014
|Market Cap (Mil.):||Rs1,299,868.00|
|Shares Outstanding (Mil.):||2,450.04|
MUMBAI, April 21 - Indian shares hit record highs on Monday as lenders such as Axis Bank rallied ahead of their financial results starting later this week, while strong gains in debt markets reduced concerns about potential losses in the sector's bond portfolios.
Reuters Market Eye - The BSE Sensex gains 0.27 percent while the Nifty is up 0.3 percent, approaching record highs last hit on April 10.
MUMBAI - Shares in Wipro fell more than 4 percent in early trade after company's IT revenue guidance was seen below estimates by some analysts.
MUMBAI, April 21 - Shares in India's Wipro Ltd fell 3 percent in pre-open trade after company's IT revenue guidance was seen below estimates by some analysts.
BANGALORE/MUMBAI - Wipro , India's third-biggest IT services exporter, posted forecast-beating quarterly profit on Thursday and said it expects a stronger year ahead on increased spending by overseas clients.
* Worldwide IT spending seen up 3.1 pct in 2014 -Gartner (adds background, detail)
April 17 - India's Wipro Ltd posted a 29 percent rise in its fourth-quarter net profit, beating expectations, helped by increased IT spending by its customers.
* Banking shares up; Reliance Industries down on earnings
BANGALORE - Wipro Ltd is eyeing more lucrative financial industry contracts from Europe and the United States to catch up with its bigger rivals, as India's No. 3 outsourcing services provider looks to grow its sales by up to 4 percent in this quarter.
* Q3 profit 20.15 bln rupees vs 19.95 billion rupees estimates