Wipro growth forecast hit by healthcare, weak retail - Indian Stock Market Tips|Commodity Market Tips|Equity Trading Tips

Indian Stock Market Tips|Commodity Market Tips|Equity Trading Tips

The Share and Stock Market is one of the most important ways for companies to raise their money through shares, and the objective of this blog is to provide you daily intraday news regarding stock market. You have arrived at the right place and you'll find a lot of information here on intraday news updates— basic concepts, strategies for buying and selling, time of entry and exit and a lot more.

Breaking

Wednesday, 26 April 2017

Wipro growth forecast hit by healthcare, weak retail

MUMBAI / BENGALURU - Wipro Ltd, India's third-biggest software services exporter, said cancellations of healthcare projects and weak retail spending in its key U.S. market would hit revenue growth. Headquartered in the technology hub of Bengaluru, Wipro said on Tuesday that its consolidated net profit grew 0.4 percent to 22.67 billion rupees ($353 million) in its fiscal fourth quarter to March. Although this was ahead of analysts' estimates of 21.19 billion rupees, the company said revenue from its core IT services business would be $1.92 billion to $1.96 billion in the current quarter. On that basis, the company reported a revenue of $1.95 billion in the most recent quarter and revenues of $1.93 billion in the same quarter a year ago.

Now watch every updates regarding Share and Stock market just with a simple click here: - http://www.ripplesadvisory.com/nifty-future-.php


No comments:

Post a Comment

Note: only a member of this blog may post a comment.

Pages