Wipro shares climb nearly 2 pc after earnings announcement

Shares of Wipro on Monday climbed nearly 2 per cent in early trade after the company reported a better-than-expected 2.8 per cent rise in consolidated net profit for the December 2022 quarter.

The stock gained 1.81 per cent to Rs 400.80 apiece on the BSE.

At the NSE, it climbed 1.80 per cent to Rs 401 apiece.

Wipro Ltd on Friday reported a better-than-expected 2.8 per cent rise in consolidated net profit for the December 2022 quarter to Rs 3,053 crore and exuded optimism about “strong” bookings for the fourth quarter despite global headwinds.