Wipro Faces Earnings Hit From Various Headwinds -- Market Talk

Dow Jones
04/17

0704 GMT - Wipro faces earnings hits from various headwinds, Elara Securities (India) analysts say in a research report. The Indian company has continued to face client-specific issues in the U.S. banking, financial services and insurance market, the analysts say. Also, one of Wipro's large clients is reprioritizing IT budgets, thereby affecting growth of the technology services provider's BFSI segment. Moreover, Wipro has seen a cautious stance from its manufacturing customers owing to supply-chain disruptions. The brokerage cuts its earnings estimates for Wipro by 9% for FY 2027 and 14% for FY 2028. It lowers the stock's rating to sell from reduce and the target price to 180.00 rupees from 205.00 rupees. Shares are 2.8% lower at 204.30 rupees. (ronnie.harui@wsj.com)

 

(END) Dow Jones Newswires

April 17, 2026 03:04 ET (07:04 GMT)

Copyright (c) 2026 Dow Jones & Company, Inc.

应版权方要求,你需要登录查看该内容

免责声明:投资有风险,本文并非投资建议,以上内容不应被视为任何金融产品的购买或出售要约、建议或邀请,作者或其他用户的任何相关讨论、评论或帖子也不应被视为此类内容。本文仅供一般参考,不考虑您的个人投资目标、财务状况或需求。TTM对信息的准确性和完整性不承担任何责任或保证,投资者应自行研究并在投资前寻求专业建议。

热议股票

  1. 1
     
     
     
     
  2. 2
     
     
     
     
  3. 3
     
     
     
     
  4. 4
     
     
     
     
  5. 5
     
     
     
     
  6. 6
     
     
     
     
  7. 7
     
     
     
     
  8. 8
     
     
     
     
  9. 9
     
     
     
     
  10. 10