Wipro slumps as Q1 outlook seen below estimates

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

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

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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.