WIPRO

Wipro is currently in a transition phase: financially stable, cash-rich, and shareholder-friendly, but struggling with consistent revenue growth versus peers like Infosys and Tata Consultancy Services. Key Positives Q4 FY26 revenue grew about 7.7% YoY to ₹24,236 crore, while sequential profit improved. Large deal bookings remained strong at about $1.44 billion for the quarter. The company announced a ₹15,000 crore buyback at ₹250/share, giving strong downside support and improving sentiment. Debt levels remain low and cash generation is healthy. Reddit investor discussions also highlight its relatively attractive valuation versus larger IT peers. Main Concerns Q1 FY27 guidance is weak: management expects flat to negative sequential growth. Deal conversion into actual revenue is taking longer. BFSI and US client spending remain soft. Analysts continue to downgrade growth expectations and target prices. The stock has materially underperformed the Nifty IT index over recent months.