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7 stories mentioning NSE:WIPRO

Every FINWIRES story that references NSE:WIPRO, newest first.

Asia

Wipro Unit Completes Acquisition of 20% More Stake in Insurer Aggne Global

Wipro IT Services completed the acquisition of an additional 20% stake in insurer Aggne Global for $28.5 million, according to a Tuesday filing to the Indian stock exchanges.The purchase increased the Wipro (NSE:WIPRO, BOM:507685) subsidiary's total stake in Aggne to 80%.The transaction is expected to strengthen Wipro's competitive advantage in the insurance sector, the filing said.The company's shares were down over 2% in Wednesday's trade.

BOM:507685NSE:WIPRO
Asia

Olam Group Completes Sale of Mindsprint to Wipro; Olam Shares Down 3%

Olam Group (SGX:VC2) completed the sale of its 100% stake in digital services business Mindsprint to Indian IT firm Wipro (NSE:WIPRO, BOM:507685) for $386 million, according to a Friday filing with the Singapore Exchange.Shares of the agribusiness company were down over 3% in Singapore, while shares of Wipro rose nearly 1% in India on Monday.The sale is part of the company's reorganization plan, which includes the divestment of assets and businesses over time.

BOM:507685NSE:WIPROSGX:VC2
Research

Prabhudas Lilladher Downgrades Wipro to Hold from Buy; Price Target is INR200

Wipro (NSE:WIPRO, BOM:507685) has an average rating of hold and mean price target of 220.10 Indian rupees, according to analysts polled by FactSet.(covers equity, commodity and economic research from major banks and research firms in North America, Asia and Europe. Research providers may contact us here: https://www..com/contact-us)

BOM:507685NSE:WIPRO
Research

Elara Securities India Downgrades Wipro to Sell from Reduce; Price Target is INR180

Wipro (NSE:WIPRO, BOM:507685) has an average rating of hold and mean price target of 220.10 Indian rupees, according to analysts polled by FactSet.(covers equity, commodity and economic research from major banks and research firms in North America, Asia and Europe. Research providers may contact us here: https://www..com/contact-us)

BOM:507685NSE:WIPRO
Asia

Wipro's Consolidated Profit Slips in Fiscal Q4

Wipro's (NSE:WIPRO, BOM:507685) consolidated attributable profit declined to 35.0 billion Indian rupees in the fiscal fourth quarter ended March 31, from 35.7 billion rupees a year ago.Earnings per share contracted to 3.33 rupees from 3.39 rupees a year earlier, the Indian IT services major said in a filing to the Indian stock exchanges on Thursday.Revenue from operations in fiscal Q4, however, rose to 242.4 billion rupees from 225.0 billion rupees a year ago.

BOM:507685NSE:WIPRO
Asia

Indian Equities Gain on Wednesday as US-Iran Talks Hopes Lift Sentiment

Indian equity benchmarks moved higher on Wednesday, each gaining over 1.5%, as expectations of renewed talks between the U.S. and Iran lifted sentiment.The BSE Sensex rose 1,263.67 points, or 1.6%, to close at 78,111.24, while the NSE Nifty 50 gained 388.65 points, or also 1.6%, to settle at 24,231.30.Markets reacted to reports indicating that Washington and Tehran could resume discussions shortly. U.S. President Donald Trump reportedly said talks may take place in Pakistan within the next two days. The development followed an inconclusive round of talks over the weekend and helped ease investor concerns.Crude oil prices declined further, with Brent trading near $95 per barrel, supporting market sentiment.Among stocks, Diamond Power Infrastructure rose over 2% after receiving a letter of intent worth 454.7 million rupees from Adani Electricity Mumbai, for cable supply from May 2026 to May 2027.Wipro gained over 3% after saying it will acquire select customer contracts of U.S.-based Alpha Net Consulting and its subsidiaries for up to $70.8 million.

^BSENifty 50BOM:507685BOM:522163NSE:DIACABSNSE:WIPRO
Asia

Wipro to Acquire Clients from US-Based Alpha Net Consulting for Up to $71 Million; Shares Up 3%

Wipro (NSE:WIPRO, BOM:507685), through its subsidiaries, has agreed to acquire select customer contracts of US-based enterprise software developer Alpha Net Consulting and its subsidiaries, for up to $70.8 million, according to a Wednesday filing to the Indian stock exchanges.The acquisition will enable the Indian IT services company to access certain key clientele of Alpha Net, their customer contracts, as well as the related workforce. This will help Wipro's existing artificial intelligence-powered and consulting-led application services capabilities to secure new growth opportunities.The transaction is expected to be completed by June 30.The company's shares were up nearly 3% in recent trade.

BOM:507685NSE:WIPRO