Wipro shares rose nearly 4% today after reporting Q2 FY27

Wipro shares rose nearly 4% today after reporting Q2 FY27 results, despite a slight profit decline of 2% YoY. The company’s revenue beat estimates at ₹24,753 crore, but weak deal bookings and cautious guidance kept brokerages divided. 📊 Wipro Q2 FY27 Results Highlights Net Profit: ₹3,199.7 crore, down 1.9% YoY and 4.6% QoQ Revenue: ₹24,752 crore, up 9.1% YoY IT Services Revenue: $2.61 billion, flat QoQ in constant currency Operating Margin: 16.5%, up 50 bps QoQ but below aspirational 17–18% range Bookings: $2.6 billion, down 22.9% QoQ and 45% YoY Large Deal Bookings: $674 million, down 58.6% QoQ 📈 Stock Market Performance NSE Price Today: ~₹176–177 per share (+2–4%) Weekly Gain: Up 13.5%, best week in six years 52-Week Low: ₹156.75; stock has rebounded nearly 20% from that level ADR Performance: Wipro ADRs surged 5% in US trading yesterday