Wipro faces slow recovery as revenue and deal wins lag peers
Wipro secured new business in a quarterly results development.
· Economic Times Markets, ET Stocks, LiveMint Markets
Wipro has reported a decline in revenue for the second quarter in a row, contrasting with larger rivals that experienced growth. The total value of new contracts has dropped significantly, indicating delays in project closures. Despite this, management is optimistic about future improvements in deal momentum and operating margins.
The analysis
Against that, the stock is +4.3% on the day at ₹198.31, and has returned +6.4% over three months. It sits 27% below its 52-week high, which means a good deal of bad news was already in the price. The it sector has moved -3.1% over the same period, so Wipro is running 9.5 points ahead of its peers.
For Wipro, the question is how much of this is already reflected in the price and how much re-rates the it peer set alongside it.
Why it matters
- Earnings versus expectations is what actually re-rates a stock; the surprise matters more than the absolute number.
Market context
- In focus: Wipro (WIPRO), in IT.
- Over three months: Wipro +6.4% against IT -3.1% (9.5 points ahead).
- At least 25% below the 52-week high: Wipro (27%).
| Company | Price | Day | 1M | 3M | From 52-wk high | Volume vs 20-day | Market cap |
|---|---|---|---|---|---|---|---|
| WiproWIPRO · IT | ₹198.31 | +4.3% | +25.1% | +6.4% | -27.3% | 1.3× | — |
IT
1M +5.2% · 3M -3.1%
Wipro
Prices as of 30 Oct 2026, 16:11 IST. Sector moves are the average of the stocks we track in each sector.
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