Wipro stock jumps over 8 pc after Q3 earnings
By
Binu Mathew
Shares of Wipro on Monday surged over 8 per cent after the firm topped street expectations with a 24.4 per cent year-on-year rise in consolidated net profit for the December quarter.
The stock jumped 8.33 per cent to Rs 305.35 on the BSE and 8.31 per cent to Rs 305.40 on the NSE.
Wipro on Friday topped street expectations with a 24.4 per cent year-on-year rise in consolidated net profit for the December quarter at Rs 3,354 crore, as the top brass of India’s fourth-largest IT services company guided for a “more hopeful and resilient” 2025.