Wipro: Shares rise nearly 3% post earnings; how brokerages view report—should You buy, sell or hold this stock?

Wipro: Shares rise nearly 3% post earnings; how brokerages view report—should You buy, sell or hold this stock?

Shares of Wipro gained momentum in Friday’s morning trade, emerging as one of the top performers on the Nifty 50 index. As of 11:47 am, the stock was trading 2.55 per cent higher at Rs 267.25, extending gains following its better-than-expected Q1 results. Other key gainers on the benchmark index included Tata Steel, up 1.31 per cent,…

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Accenture shares tank 11% despite beating Q3 revenue estimates. Infosys ADRs fall 3%

Accenture shares tank 11% despite beating Q3 revenue estimates. Infosys ADRs fall 3%

Accenture shares fell 11% on Friday, hitting the day’s low of $273.19, notwithstanding a revenue beat for third quarter driven by growing demand for the consulting giant’s AI-driven services from enterprise customers. It reported revenue of $17.7 billion for the quarter ended May 31, compared with analysts’ average estimate of $17.30 billion, Reuters reported, citing…

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