Wipro Ltd
507685: XBOM (IND)
| Morningstar Rating for Stocks | Fair Value | Economic Moat | Capital Allocation |
|---|---|---|---|
| zp% | LOCK|sd | LOCK|v?v?$lk |
Wipro Earnings: Sound Client Relations Mitigate Near-Term AI Threat; Raising Fair Value Estimates
Wipro's performance notably improved this quarter, with revenue up 6% year over year to INR 236 billion, catching up with its Indian IT consulting peers. Adjusted operating margin of 17.6% also reached a new high in a tough environment where clients scrutinize their post-pandemic IT demand.
