Shares of Wipro fell ahead of Q4 earnings as street expects muted net profit.
Wipro is expected to have a net profit of Rs 3,364 crore in Q4, as per Bloomberg consensus estimates.
Analysts estimate the revenue to be Rs 22,684 crore, 1.6% higher than the previous quarter.
Key points to watch out for in the Q4 earnings include discretionary spending trends, realignment of service line, effect of global macros, and deal pipeline conversion outlook.