Outlook for Wipro trimmed after weak guidance, muted Q4 revenue show
A muted revenue performance in the fourth quarter of financial year 2024-25 (Q4FY25), a weak guidance and cut in earnings estimates led to a 6 per cent intraday fall on Thursday in the stock of Wipro, the fourth-largest Indian software company by market capitalisation. Brokerages have cut their earnings estimates by 3-6 per cent for FY26 and FY27, given the muted Q1FY26 guidance and hazy near-term outlook for the company as well as the software sector. The stock recovered a bit, closing the day at ₹236.9, down 4.3 per cent.