Gold Silver Reports (GSR) – Wipro Worst Performer on Sensex, Nifty After Q4 Earnings Disappoint – Shares of the information technology company fell as much as 4.6 percent to Rs 274, after weak March quarter earnings missed estimates widely.
Net profit of the country’s third-largest software services firm declined 6.6 percent to Rs 1,803 crore on a sequential basis, Wipro said in its filings with the stock exchanges. That’s less than the Rs 2,127 crore estimated. The stock was the worst performer on both Sensex and Nifty. The scrip declined 12 percent so far this year.
