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Wipro Q1 Preview: Salary Hikes Set To Impact Margin; Guidance, Demand Outlook In Focus
in5points
Wipro is expected to report a weak quarter in IT services due to salary hikes impacting margins.
Investors are focusing on Q2 guidance, large deal ramp-ups, and commentary on discretionary spending.
Analysts forecast muted revenue growth and margin compression for Wipro in Q1.
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Who owns this?
Adani Group
Gautam Adani
Acquired by Adani Group in 2022 from the founders.
Wikipedia: Gautam Adani