Advertisement

HindustanTimes Sat,30 Aug 2014

Wipro slumps as Q1 outlook seen below estimates

Reuters  Mumbai, April 21, 2014
First Published: 10:11 IST(21/4/2014) | Last Updated: 10:13 IST(21/4/2014)

Shares in Wipro fell more than 4% in early trade after company's IT revenue guidance was seen below estimates by some analysts.

The company on Thursday said it expects June-quarter IT services revenues to be in the range of $1.72 billion to $1.76 billion.


Advertisement
more from Business

Sun-Ranbaxy deal: CCI raises concerns about molecules mkt

The Competition Commission, which has put the multi-billion dollar Sun-Ranbaxy deal for public scrutiny, said on Friday the major issue is whether the combination would result in high market concentration of certain molecules.

markets
Advertisement
Most Popular
Advertisement
Advertisement
Copyright © 2014 HT Media Limited. All Rights Reserved