Business Standard

Wipro hits 52-week high as firm revises Q1FY22 revenue guidance

Wipro in an exchange filing earlier today said it expects revenue from its IT services business to be in the range of $2,324-$2,367 million during the first quarter of FY22.

Wipro
Premium

SI Reporter New Delhi
Shares of information technology (IT) services major Wipro jumped 4.5 per cent to hit a 52-week high of Rs 511.95 on the BSE in intra-day trade on Friday after the company revised its IT services revenue guidance for the quarter ended June 2021.

Wipro in an exchange filing earlier today said it expects revenue from its IT services business to be in the range of $2,324-$2,367 million during the first quarter of FY22. This translates to a sequential growth of 8-10 per cent.

During its earnings announcement for the March quarter of FY21 on April 15, the IT

What you get on BS Premium?

  • Unlock 30+ premium stories daily hand-picked by our editors, across devices on browser and app.
  • Pick your 5 favourite companies, get a daily email with all news updates on them.
  • Full access to our intuitive epaper - clip, save, share articles from any device; newspaper archives from 2006.
  • Preferential invites to Business Standard events.
  • Curated newsletters on markets, personal finance, policy & politics, start-ups, technology, and more.
VIEW ALL FAQs

Need More Information - write to us at assist@bsmail.in