Wipro’s Q3FY25 results exceed projections, yet analysts remain divided

Better-than-expected results for the third quarter (Q3) of 2024-25 (FY25) led to a sharp rally in the stock of information technology (IT) major Wipro. The shares rallied as much as 7.37 per cent to hit an intraday high of Rs 302.65, before settling 6.49 per cent higher at Rs 300.15 apiece on Monday. In comparison, the BSE Sensex closed 0.59 per cent higher at 77,073.44, while the BSE 100 was up 0.53 per cent, closing at 24,594.55.