Wipro shares fell nearly 4 per cent in early trade after the IT major posted its Q4FY26 results and delivered a subdued outlook for the coming quarter. While the company reported a mixed set of earnings with stable margins, management’s guidance for Q1FY27—forecasting constant-currency revenue growth in the range of -2 per cent to 0 per cent spooked investors, reigniting concerns over demand softness, delayed deal ramp-ups, and near-term growth visibility in the IT services sector.
Wipro’s stock performance continues to lag broader market benchmarks. Over the short term, the stock has delivered muted returns, slipping 0.13 per cent over the past week, underperforming the Nifty 50, which gained 0.52 per cent.
In the near to medium term, Wipro has shown sharper volatility. While the stock has gained 6.95 per cent over the past month, outperforming the Nifty’s 2.52 per cent rise, it remains deeply negative on a year‑to‑date basis, down 23.46 per cent, compared with a 7.54 per cent decline in the benchmark index. On a one‑year basis as well, Wipro has fallen 13.63 per cent, sharply contrasting with the Nifty 50’s 1.36 per cent gain.
Longer‑term returns also remain mixed. Over three years, Wipro has delivered gains of 13.25 per cent, trailing the Nifty 50’s 36.53 per cent rise. The gap widens further on a five‑year view, where Wipro has declined 12.78 per cent, even as the benchmark index has surged 65.38 per cent.
Wipro posts mixed set of earnings for the last quarter of FY26 – revenue, PAT & EBIT meet estimates while margins exceed expectations. For Q1 FY27, the tech giant says it expects growth in minus 2 to 0 percent range in constant currency terms. Wipro also announces a 15,000 cr share buyback at Rs 250 per share. Notably, global brokerages such as Morgan Stanley and Goldman Sachs cut target prices and flagged a potential fourth straight year of revenue decline, even as domestic firms remained divided on whether improving execution and deal wins can revive growth.
(Disclaimer: The above article is meant for informational purposes only, and should not be considered as any investment advice. ET NOW DIGITAL suggests its readers/audience to consult their financial advisors before making any money related decisions.)
