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Wipro stock jumps 8% after it beats market estimates in Q3
short by / on Monday, 20 January, 2025
Shares of technology services provider Wipro Ltd. surged as much as 8% in early trading after the company reported stronger-than-expected result on Friday. Wipro’s Q3 FY25 results exceeded expectations, with YoY sales growth and improved profitability. EBITDA rose, and net profit increased significantly. The company revised its revenue guidance for Q4 FY25 in the range of -1% to +1%.
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