Wipro’s stock slips ahead of Q1FY25 earnings; check what analysts expect

Wipro’s share price falls: Wipro’s stock price shedded up to 2.51 per cent at Rs 558.80 a piece on BSE Sensex in Friday’s intraday trade. The stock price slipped in anticipation of a flattish quarterly earning for the quarter ended June 30, 2024 (Q1FY25).
The IT major is expected to see a tepid June quarter with revenues estimated to slide on a year on year basis and net profits seeing a marginal rise. That apart, analysts say that there are some positives, too, for Wipro who is seeing continued cost controls and a strong deal pipeline.