Wipro shares drop after weak first quarter forecast flags growth worries
Mihai Prelipcean
BENGALURU :Shares of Wipro fell as much as 6.3 per cent on Thursday after the company projected a weak June quarter, with analysts warning that the outlook signalled another tough year for the firm as global tech spending remained under pressure. India's fourth biggest IT exporter on Wednesday forecast revenue in the first quarter to fall between 1.5 per cent and 3.5 per cent sequentially, with Chief Executive Srini Pallia saying "uncertainties have dramatically increased" heading into the new
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