India's Wipro set for worst week since June 2022 on tepid third-quarter earnings
ReutersJan 23, 2026 9:15 AM
Shares of Wipro WIPR.NS fall 10.3% this week, set for its worst weekly fall since June 2022
Set to be top loser on IT index .NIFTYIT, which is down 2% for the week
On day, WIPR down 0.6% at 239.25 rupees vs flat sub-index
India's fourth-largest IT services firm posted tepid Q3 earnings after market hours last Friday; Q4 revenue growth forecast disappoint investors
Q3 Net profit fell 7% y/y, missed analysts' average estimate
Stock rated "hold" on avg by 41 analysts, median PT at 268 rupees - data compiled by LSEG
WIPR dropped 13% in 2025; YTD, down about 8.6% vs sub-index's rise of about 1%
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