Wipro shares jumps over 4%; 3 reasons powering the surge

Wipro’s share price has surged 4% to an intra-day high of Rs 271.90 per share on the National Stock Exchange. It is the top gainer in the Nifty 50 and Nifty IT Indices. The company reported a decline in net profit and revenue in Q1FY26, but deal wins stole the limelight. Here’s what brokerages are analysing the results-