{"id":922942,"date":"2025-04-17T07:41:58","date_gmt":"2025-04-17T02:11:58","guid":{"rendered":"https:\/\/telecomlive.in\/web\/?p=922942"},"modified":"2025-04-17T07:54:56","modified_gmt":"2025-04-17T02:24:56","slug":"wipro-adr-plunges-3-4-reasons-why","status":"publish","type":"post","link":"https:\/\/telecomlive.in\/web\/2025\/04\/17\/wipro-adr-plunges-3-4-reasons-why\/","title":{"rendered":"Wipro ADR plunges 3%: 4 reasons why\u2026"},"content":{"rendered":"<p>The Wipro ADRs ended 3% lower at $2.73 on Wednesday, April 16, after the company announced its Q4 results. They plunged as much as 6.7%, hitting an intraday low of $2.63 before recovering slightly. The selloff was primarily on the back of the weak outlook for the upcoming quarter. Wipro has guided to a weak revenue guidance for the April\u2013June quarter. <\/p>\n<p>On the Indian stock exchanges, Wipro\u2019s shares price had closed 1.39% higher at Rs 247.5 on the BSE before the results were announced.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>The Wipro ADRs ended 3% lower at $2.73 on Wednesday, April 16, after the company announced its Q4 results. They plunged as much as 6.7%, hitting an intraday low of $2.63 before recovering slightly. The selloff was primarily on the back of the weak outlook for the upcoming quarter. Wipro has guided to a weak revenue guidance for the April\u2013June quarter. On the Indian stock exchanges, Wipro\u2019s shares price had closed 1.39% higher at Rs 247.5 on the BSE before the results were announced.<\/p>\n","protected":false},"author":8,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":""},"categories":[63,4,12],"tags":[],"class_list":["post-922942","post","type-post","status-publish","format-standard","hentry","category-it-2-the-financial-express","category-newspapers","category-the-financial-express"],"acf":[],"_links":{"self":[{"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/posts\/922942","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/users\/8"}],"replies":[{"embeddable":true,"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/comments?post=922942"}],"version-history":[{"count":0,"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/posts\/922942\/revisions"}],"wp:attachment":[{"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/media?parent=922942"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/categories?post=922942"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/tags?post=922942"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}