Tag: ADRs

Wipro ADRs jump 4% despite Q4 PAT decline, softer guidance

 stock analyst  04/19/2024  0 Comments on Wipro ADRs jump 4% despite Q4 PAT decline, softer guidance

Wipro’s revenue from operations in the reporting period declined 4% YoY to Rs 22,208 crore, compared with Rs 23,190 crore in the corresponding period of last year.

Infosys ADR slumps 5% on Q4 miss, softer FY25 guidance

 stock analyst  04/18/2024  0 Comments on Infosys ADR slumps 5% on Q4 miss, softer FY25 guidance

\”Infosys weak quarterly numbers, lower-than-expected guidance for FY25 and declining headcount reflects continuity in weak, with the only silver lining being strong large deal TCV in Q4 and record $17.7 billion in FY24,\” said Sanjeev Hota, Head of Research, Sharekhan by BNP Paribas.