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Wipro Q4 Result Review— Downtrend In Revenue Growth Continues With Yet Another Weak Guidance: ICICI Securities

  • Wipro Q4 result review shows a downtrend in revenue growth and weak guidance.
  • ICICI Securities maintains a Reduce rating on Wipro and values it at 18x with a revised target price of Rs 230.
  • Wipro's Q1FY26 guidance indicates a -3.5% to -1.5% QoQ CC growth, the weakest ever QoQ growth.
  • The weak guidance suggests another year of revenue decline for Wipro in FY26.

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