IT Consulting and Other Services

Wipro

Applovin

Financial Analysis

$AppLovin(APP.US) released its Q1 2025 earnings report after the U.S. market closed on May 7th, Eastern Time. Despite facing pressure from five bearish reports, Applovin delivered a &#34;both expected and unexpected&#34; stellar performance, striking back hard at the shorts. Key takeaways: 1. Solid guidance, e-commerce defies the trend: For Applovin, Dolphin Research remains most concerned about the guidance. Although bearish reports bombarded relentlessly, their impact on actual performance might be limited. For clients, the proof is in the pudding—ROAS speaks for itself. Since the beginning of the year...

AppLovin

Applovin: Short sellers taking turns? Can't beat the stellar performance

Wipro CFO Sells 75,000 Shares

Wipro Reports Q4 FY26 Net Income Down 1.9% to 35 Billion Indian Rupees

Wipro and Kongsberg Digital Collaborate on AI Digital Twin Solutions

DBS Analyst Maintains Sell Rating on Wipro Stock

Wipro Acquires Alpha Net Consulting Client Contracts to Boost AI Services

Wipro released FY2026 Q4 earnings on April 16 After-Market EST, actual revenue USD 2.568 B (forecast USD 2.593 B), actual EPS USD 0.0352 (forecast USD 0.036)

Wipro released FY2026 Annual Earnings on April 16 After-Market (EST), actual revenue USD 10.34 B (forecast USD 9.842 B), actual EPS USD 0.1402 (forecast USD 0.1343)

Wipro Reports Q4 FY26 Earnings with Decline in Net Profit

Wipro Hydraulics Acquires Indeco to Expand Product Line

Wipro Announces Record Rs 150 Billion Share Repurchase

Wipro Shares Remain Stable Ahead of Q4 FY2026 Earnings Release

Wipro Acquires Alpha Net Consulting for $70.8 Million

Wipro Considers Stock Repurchase Proposal

Wipro to Release FY2026 Q4 Earnings on April 16 After-Market EST, Forecast Revenue USD 2.635 B, EPS USD 0.036

Wipro Finalizes Agreement to Acquire Mindsprint

Wipro's stock price rises after acquiring Olam Group's IT business

Wipro to acquire 100% equity of Mindsprint Pte. Ltd. and its subsidiaries

Wipro Agrees to Acquire Olam's Mindsprint

AppCo Partners with Wipro and Databricks to Drive Energy Transition

Wipro Announces Strategic Partnership with Harness to Enhance AI-Native Software Delivery

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India Inc has seen a resurgence in buybacks, with 22 companies announcing repurchases worth Rs 25,000 crore as of May 2026, the highest since 2023. Wipro leads with a Rs 15,000 crore buyback. Regulatory reforms by SEBI and changes in taxation are key drivers. While buybacks signal strong cash flows and return of capital to shareholders, experts warn they may also indicate caution in expansion plans amid uncertain growth.

Money Control

India Inc's buyback boom hits a three-year high, but will the momentum last?

The Association for Talent Development (ATD) awarded 61 organizations globally with the 2026 BEST Awards, recognizing their strategic use of talent development. Turkcell İletişim Hizmetleri A.Ş. topped the list, while TELUS and Wipro Limited received the Best of the BEST Award for their long-standing achievements. The awards ceremony took place on May 18 at the ATD 2026 International Conference in Los Angeles, highlighting innovations in talent development practices, including AI adoption and addressing skills gaps.

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SCHWAB(CHARLES)CORP 4.450% DEP SHS REP 1/40TH N-CUM PFD SERJ

13:19 ET61 Organizations Win Prestigious ATD BEST Award

Olam Group has finalized the sale of its entire stake in Mindsprint to Wipro for $492 million. Following regulatory approvals, Olam plans to distribute the net proceeds to shareholders through special dividends, considering its operational and financing needs.

Singapore Business Review

Olam

Olam completes $492m Mindsprint sale to Wipro

BSE Limited's shares rose 2% to a new high of ₹4,202.50, with a 56% increase since April and a 60% rise in 2026, outperforming the Nifty 50. Analyst Janaghan Jeyakumar suggests BSE may join the Nifty 50 index in September 2026, potentially replacing Wipro, attracting $639 million in passive inflows. Brokerages like ICICI Securities and Motilal Oswal have positive outlooks, citing strong volume growth and improved earnings prospects.

Business Standard

BSE may get Nifty 50 berth in September rebalancing; stock gains 2%

BSE Ltd is set to join the Nifty 50 Index in September 2026, potentially displacing Wipro Ltd due to its higher Average Float Market Cap. BSE's stock has surged over 63% in the past year, while Wipro has dropped over 25%. The Nifty 100 is expected to see five additions and deletions, with BSE among the expected additions. Passive outflows from Wipro could reach $206 million if removed from the index.

BSE set to enter Nifty 50 as Wipro faces ouster in September rejig; one-way flow pegged at $639 million

India's top IT firms paid a record Rs 1 lakh crore in dividends for FY26, despite facing significant stock declines and challenging market conditions. While TCS and Coforge reduced their payouts, Wipro increased its dividend by 84% and announced a Rs 15,000 crore share buyback. The Nifty IT Index fell 26.6%, underperforming the Nifty 50. Earnings reports were disappointing, with many firms missing revenue estimates and issuing cautious guidance due to AI-driven deflation and competitive pressures.

Cognizant Tech Solutions

India's top IT firms pay record Rs 1 lakh crore dividend even as stocks take a beating

Chandrasekhar Aparna Iyer, CFO of Wipro, sold 75,000 shares worth $159,000 on May 12, as reported in a recent SEC filing. Wipro's shares are down 1.4% at $1.86. The company has shown a revenue growth of 2.89% as of March 31, 2026, but has a low gross margin of 29.07%. Wipro's EPS stands at 3.34, with a debt-to-equity ratio of 0.23. The P/E ratio is 13.98, indicating potential undervaluation, while the P/S ratio of 1.99 suggests overvaluation. Insider transactions can provide insights but should be considered with caution.

benzinga_article

Insider Transaction: Chandrasekhar Aparna Iyer Sells $159K Worth Of Wipro Shares

INFY

India's Nifty IT index dropped 3.6% to a three-year low due to weak earnings outlook and concerns over declining demand for traditional IT services. Analysts at HSBC noted that the earnings and fiscal outlooks for Q4 and 2027 from major IT firms fell short of expectations. They warned that rising global AI spending might overshadow traditional IT services. Major Indian IT companies like Tata Consultancy Services, Infosys, HCL Technologies, and Wipro saw their shares decline by 2.5% to 4%.

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India's IT index falls to three-year low on weak earnings outlook, demand worries

AI is impacting India's major tech services firms, with Infosys, HCL, TCS, and Wipro reporting mixed quarterly results. HCL anticipates a revenue dip of 3-5% due to 'AI deflation', while Infosys expects continued growth despite challenges. TCS reported a slight revenue decline, but sees AI as a future growth driver. All companies are integrating AI into their operations, with a focus on improving productivity and modernizing infrastructure. Despite the challenges, none have made significant job cuts, indicating a cautious approach to workforce management in the face of AI advancements.

The Register

Crocs

‘AI deflation’ comes to India’s tech services giants and puts downward pressure on revenue

Wipro(WIT.US)