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Bloomberg Quint

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Image Credit: Bloomberg Quint

Wipro Share Price Declines As Lower Q1 Q1FY26 Guidance Triggers Target Price Cuts

  • Wipro's outlook for the June quarter remains muted with a degrowth of -3.5% to -1.5%.
  • Wipro's share price declined over 6% after lowering revenue guidance.
  • Brokerages have cut target price on Wipro stock due to bearish outlook.
  • Wipro's American Depositary Receipts closed 3.20% lower in New York.

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