Wipro faces revenue growth challenges, particularly in Europe, despite growth in America. The company focuses on large deals and cost optimization to maintain profitability amidst margin pressures. Strategic priorities include targeting key accounts, building AI-powered solutions, and upskilling talent. Wipro is committed to returning capital to shareholders while navigating uncertain market conditions.
Wipros earnings miss and muted guidance had a ripple effect across the IT sector, dragging down peer stocks. Infosys shares slipped 1.6% ahead of its earnings announcement later in the day. LTIMindtree, HCL Technologies, and Mphasis declined between 3% and 3.4%, while Tech Mahindra, Coforge, and Persistent Systems fell between 2% and 2.4%
Pushkar Singh, an ETNow viewer, aims to accumulate 75 lakh to 1 crore in a decade through SIPs. While his current investments in funds like SBI and Parag Parikh are well-chosen, experts advise increasing his monthly SIP amount significantly, potentially starting at 30,000 and escalating by 10% annually, to realistically achieve his ambitious financial goal.
Despite market turbulence, Agarwal says the fund hasnt made any tactical shiftsinstead, it continues to bet on long-term resilience through Grade-A warehousing, strong tenants, and a diversified asset pipeline.
