Wipro Expands ServiceNow Partnership to Embed Agentic AI Workflows Across Core Enterprise Functions Wipro Limited, a leading AI-powered technology services and consulting company, has announced an expanded partnership with ServiceNow to integrate agentic AI workflows into core enterprise functions such as IT, HR, procurement, and cybersecurity. The collaboration, announced on May 28, 2026, aims to streamline operations and enhance organizational efficiency through the combination of Wipro Intelligence™ and the ServiceNow AI Platform. This partnership is designed to address the challenges enterprises face in scaling AI adoption while ensuring governance, accountability, and measurable outcomes. Under the agreement, Wipro will leverage its unified AI-powered platforms to integrate with ServiceNow’s AI capabilities, enabling organizations to automate and optimize workflows across interconnected systems. The partnership focuses on reducing manual coordination, improving visibility into operational processes, and accelerating turnaround times. By embedding agentic AI workflows, enterprises can achieve greater operational agility and strengthen governance frameworks. Key solutions from Wipro Intelligence™ that will benefit from this integration include SmartProcure, which streamlines procurement workflows by standardizing intake, approvals, and execution to improve cycle times. Telco Autonomous Networks will modernize service operations by combining AI-driven workflows with telecom-specific context to enhance issue resolution. Cyber Transform, another solution, will bolster cybersecurity by improving vulnerability and incident response workflows, along with governance across the cybersecurity value chain.#wipro #servicenow #amit_zavery #malay_joshi #smartprocure
HCL Tech Q4 Preview: Will Growth Surprise Investors After Weak Wipro Earnings? HCL Technologies is set to report its March quarter results, with analysts anticipating a mixed performance. While the company is expected to deliver steady year-on-year revenue growth, a sequential decline is likely due to seasonal softness in its software business and margin pressures from wage hikes and restructuring costs. The results, to be announced on Tuesday, come amid weak earnings from peer Wipro, which has raised questions about the broader IT services sector. Revenue growth for HCL Tech is projected at around 14% year-on-year, based on estimates from seven brokerages, with profit after tax likely to rise approximately 9% YoY. However, sequential performance is expected to weaken, with most analysts factoring in a decline in constant currency (CC) revenue for the quarter. Brokerages such as Emkay, Jefferies, and Kotak Institutional Equities anticipate a 0.8% to 1.7% drop in CC revenues compared to the previous quarter. This decline is primarily attributed to the seasonal slowdown in HCL Tech’s high-margin software business, which typically sees a sharp drop in the March quarter after a strong December period. Jefferies estimates a 1.6% sequential decline in CC revenue, driven by a steep 22% drop in the software segment, partially offset by modest growth of about 1% in the services business. Similarly, Motilal Oswal expects an overall revenue decline of 0.9% QoQ CC, again dragged by a roughly 23% drop in product revenues. Despite this, the services segment, which forms the core of HCL Tech’s business, is expected to remain resilient. Most brokerages are building in 1-1.5% sequential growth in IT services and ER&D, supported by steady deal ramp-ups and stable demand in key verticals such as BFSI and high-tech.#motilal_oswal #wipro #jefferies #kotak_institutional_equities #hcl_tech
Wipro to Report Q4 FY26 Results Amid Mixed Outlook Wipro, one of India’s leading IT services companies, is set to release its quarterly financial results for the fiscal year ending April 2026 on April 16, 2026, following market hours. The announcement comes amid a challenging business environment, with analysts projecting a modest revenue growth but cautioning about potential declines in organic expansion and profit margins. The company’s performance will be closely watched as it navigates a competitive sector and explores new avenues for growth. The results are expected to show a revenue increase of 1.1% in U.S. dollars and 4.1% in Indian rupees compared to the same period last year. However, the growth is anticipated to be tempered by slower-than-expected organic revenue growth, which measures the company’s ability to expand its business without relying on acquisitions. Analysts also expect profit margins to face pressure, reflecting the broader industry trend of rising operational costs and subdued demand in key markets. In addition to the financial results, Wipro’s board will deliberate on a significant share buyback program, which could range between ₹16,000 crore and ₹18,000 crore. This marks the company’s first such initiative in three years and signals its confidence in its financial position. A share buyback typically aims to boost shareholder value by reducing the number of outstanding shares, which can increase earnings per share and potentially elevate stock prices. The company is also advancing into new markets and sectors through a strategic partnership with Olam Group, a global leader in food and agribusiness. Under the deal, Wipro will invest $1 billion to collaborate with Olam on projects related to food processing, supply chain optimization, and sustainable agriculture.#india #ubs #wipro #clsa #olam_group
Wipro Shares Surge 3% Amid Share Buyback Consideration After Three-Year Gap Shares of Wipro, one of India’s leading IT firms, rose as much as 3% to their day’s high of Rs 209 on the BSE on Friday after the company announced it would consider a share buyback proposal alongside its fourth-quarter results, scheduled for April 16. This development follows a sharp decline in the stock, which has fallen more than 20% so far this year. If approved, the buyback would mark Wipro’s first such initiative in three years, with the last exercise occurring in 2023, when the company repurchased shares worth approximately Rs 12,000 crore. Details regarding the buyback size, pricing, and execution route remain undisclosed. The move signals a potential capital allocation strategy amid a challenging environment for IT stocks, which have faced volatility in recent months. The sector, including Wipro, has been under pressure due to an AI-driven downturn that has eroded billions in market capitalization. Despite this, the company emphasized a cautious but stable near-term outlook. For the March 2026 quarter, Wipro guided IT services revenue in the range of $2.64 billion to $2.69 billion, indicating flat to 2% sequential growth in constant currency terms. Wipro is also reshaping its strategy to align with the growing importance of artificial intelligence. CEO Srini Pallia highlighted that AI is becoming a key differentiator, noting increased adoption of AI-led platforms, scaling of delivery through internal frameworks, and expansion of the company’s global innovation network. However, the company warned of margin pressure in the fourth quarter, citing factors such as the Harman DTS acquisition, growth investments, deal mix, and potential wage hikes.#bse #wipro #elara_capital #srini_pallia #harman_dts
NIFTY50 Surpasses 24,000, SENSEX Gains 1% as Key Stocks Rally The Indian equity benchmark indices surged on Friday, April 10, 2026, as investors closely monitored developments in regional markets and geopolitical discussions. The S&P BSE SENSEX closed at 77,383.39, up 0.98%, while the NSE’s NIFTY50 reached 24,002.05, a 0.95% increase. The gains followed a broader rally in Asian markets, with traders anticipating positive outcomes from ongoing Iran-US peace talks in Pakistan. Among the top contributors to the NIFTY50 were Asian Paints, which rose 4.06%, followed by Eicher Motors (3.7%), Bajaj Auto (3.1%), ICICI Bank (2.74%), and Mahindra & Mahindra (2.71%). Conversely, Sun Pharma, Infosys, TCS, HCL Technologies, and Tech Mahindra were the biggest losers, with declines ranging from 2.06% to 4.12%. Several stocks stood out for their significant movements. Wipro’s shares surged 3% to ₹208.70, driven by news of a potential buyback proposal under consideration by its board. The company announced plans to evaluate a share repurchase at its April 16 board meeting, which could signal confidence in its financial position. Tata Consultancy Services (TCS) fell 2.98% to ₹2,504.10, despite reporting a 12.22% rise in its March quarter net profit to ₹13,718 crore. The IT giant’s fiscal year 2025-26 profit after tax (PAT) increased 1.35% year-on-year to ₹49,210 crore. TCS also added 2,356 employees in the quarter, bringing its workforce to 584,519, marking the first net hiring after two consecutive quarters of declines. Ola Electric Mobility’s shares rallied 9% to ₹39.50, pushing its year-to-date gain to 60.5%. The company’s recent announcement of a lithium iron phosphate (LFP) cell development, which it claims is a key milestone in its electric mobility goals, fueled investor optimism.#tata_consultancy_services #wipro #nse_nifty50 #sp_and_bse_sensex #ola_electric_mobility
Stocks to Watch: HDFC Bank, Wipro, RVNL Among 10 Shares in Focus Today The Indian stock market is anticipated to open lower on Monday amid mixed global cues, as investors assess recent developments in the US-Iran conflict in the Middle East. Gift Nifty trends indicate a gap-down opening for domestic markets, with the index trading near the 22,641 level—down nearly 67 points from the previous close of Nifty futures. Hariprasad K, a SEBI-registered research analyst and founder of Livelong Wealth, noted that markets are expected to start flat around the 22690–22700 range. After a three-day pause, trading resumes with sentiment still influenced by global developments, particularly the evolving tensions in the Middle East. The Indian stock market remained closed on Friday, April 3, 2025, due to the Good Friday holiday. On Thursday, the market rebounded from steep losses, closing higher for the second consecutive session, driven by late buying activity. The Sensex rose 185.23 points, or 0.25%, to end at 73,319.55, while the Nifty 50 advanced 33.70 points, or 0.15%, to settle at 22,713.10. Amid the backdrop of the US-Iran conflict, several stocks are expected to remain in focus on Monday, April 6, 2026. HDFC Bank, a key player in the financial sector, reported its average advances under management for the March 2026 quarter rose to ₹29.64 lakh crore, reflecting a 10% growth from ₹26.96 lakh crore in the same period a year earlier. The IT sector also saw activity as Wipro announced a long-term transformation deal with Olam Group. The eight-year engagement is projected to exceed $1 billion in total contract value, including a committed spend of $800 million.#hdfc_bank #wipro #emirates_nbd_bank #sebi_registered_research_analyst #livelong_wealth
Stocks to Watch on April 6: Key Players and Market Insights The domestic stock market is expected to open flat on Monday, April 6, as indicated by GIFT NIFTY futures. Here is a list of stocks that may remain in focus today. Wipro, the IT services company, will be in focus on Monday, April 6, as the company announced a multi-year strategic transformation deal with Olam Group. The eight-year engagement is projected to exceed USD 1 billion in contract value, with a committed spend of USD 800 million. Leading FMCG makers reported resilient growth amid stable demand in the March quarter of FY26, despite geopolitical tensions in the Middle East. Companies like Marico, Dabur, and AWL Agri Business (formerly Adani Wilmar) saw growth in both volumes and value, driven by pricing actions, category momentum, and domestic consumption. Margins are expected to improve as inflation eases, though cautious optimism remains for future quarters. Avenue Supermarts (DMart) reported standalone revenue from operations of ₹17,204.50 crore for the quarter ended March 31, 2026. The company operates 500 stores, including one in Sanpada, Navi Mumbai, currently closed for reconstruction. HDFC Bank, the country's second-largest lender, reported a 12% credit growth to ₹29.6 lakh crore for the March quarter. Total advances stood at ₹26.43 lakh crore as of March 31, 2025, with total deposits rising 14.4% to ₹31.05 lakh crore. CASA deposits grew 12.3% to ₹10.6 lakh crore, while time deposits increased 15.5% to ₹20.45 lakh crore. State-owned Hindustan Copper Ltd is pursuing Navratna status, with Chairman Sanjiv Kumar Singh highlighting improved operations and strategic growth. The company operates the nation's sole vertically integrated refined copper facility, covering exploration, mining, and refining. Coal India Ltd plans to auction 25.#wipro #olam_group #marico #dabur #awl_agri_business
LPG Crisis Disrupts IT Firms as Canteen Services Cut, Employees Told to Pack Lunches A severe shortage of liquefied petroleum gas (LPG) has led to significant disruptions in the operations of major Indian IT firms, with companies like Infosys, TCS, Cognizant, and Wipro reducing or suspending canteen services. Employees are now being instructed to bring their own packed lunches, marking a shift from the usual convenience of office cafeterias. The crisis, attributed to the ongoing conflict in West Asia, has left many IT workers scrambling to adapt to the new norm, particularly those living in hostels or PGs where home cooking is not an option. The LPG shortage has forced companies to drastically cut food services, with some canteens operating only basic meals like dal and rice. For instance, Infosys’ Pune canteen committee advised employees to “carry their own tiffins” due to limited gas supplies, while TCS campuses in Pune and Bengaluru began serving only minimal options such as lemon rice and sandwiches. Cognizant’s Pune campus reportedly shut down live counters offering South Indian dishes and pulao, leaving only rice plates available. Similarly, Wipro’s Hinjewadi campus halted fast food and Chinese counters, relying solely on rice plates as vendors struggled with the gas crunch. The impact is most pronounced for employees without access to home cooking. Many IT workers, who often reside in PGs or hostels, rely on office canteens for meals. With canteens now serving only basic fare or operating at reduced capacity, thousands face the inconvenience of preparing their own food. Pavanjit Mane, President of the Forum for IT Employees Maharashtra, highlighted the plight of 2–3 lakh IT workers in Pune who depend entirely on canteens or eateries. He urged companies to consider allowing hybrid work arrangements until LPG supplies stabilize.#tcs #lpg_shortage #wipro #infosys #cognizant
Stocks to Watch Today: Wipro, Omnitech, KEC International, Motherson, Vascon Engineers, Borosil, Relaxo Footwears, Hatsun Agro, Redington in focus on 12 March On March 12, investors are advised to monitor several key stocks, including Wipro, Omnitech Engineering, KEC International, Samvardhana Motherson International, Vascon Engineers, Borosil, Relaxo Footwears, Hatsun Agro Product, Bharat Forge, Everest Industries, and Redington. These companies are expected to see heightened trading activity due to recent developments and market dynamics. Omnitech Engineering has secured a multi-year contract for business and technology modernization for TruStage’s retirement services division. TruStage, based in Madison, Wisconsin, is an insurance and financial services provider. Additionally, the company received a five-year contract worth Rs 920 crore from Weatherford Products GmbH through a Master Purchase Agreement. KEC International has been awarded new orders totaling Rs 1,476 crore for transmission and distribution projects across India, the Middle East, Africa, and the Americas. This brings its year-to-date order intake to Rs 22,800 crore. Samvardhana Motherson International has finalized the purchase of a 100% stake in Yutaka Autoparts India, part of a broader acquisition strategy involving Yutaka Giken Co Ltd and Shinnichi Kogyo. The tender offer for Yutaka Giken shares closed on March 10, with 14,08,867 shares tendered at JPY 3,024 per share, with settlement expected by March 17. Vascon Engineers has received a Rs 115.9 crore work order from Ahmedabad Municipal Corporation for the development of Lotus Park, to be completed within 24 months. The company also announced the ground-breaking of a greenfield battery pack manufacturing facility in Chennai, with an investment of Rs 400–500 crore.#wipro #omnitech_engineering #kec_international #motherson_international #vascon_engineers
Stocks to Watch, March 12: Wipro, Bharat Forge, Adani Enterprises, oil-linked stocks, Borosil, Jubilant Food, Relaxo Footwears Shares of Wipro will be closely monitored on Thursday, March 12, following the company’s announcement of a multi-year contract with US-based insurance and financial services firm TruStage. The agreement focuses on modernizing TruStage’s retirement services business through integrated business and technology solutions, aiming to enhance digital experiences and operational efficiencies. The domestic stock market is anticipated to open lower on Thursday, with NIFTY50 futures indicating an opening decline of 212 points. This suggests a cautious outlook for investors amid mixed economic signals. Indo Tech Transformers reported the cancellation of a ₹64.99 crore order for six transformers from its customer Renew Wind Energy (JAMB) Private Limited. The order, initially announced in January 2026, is now void, impacting the company’s revenue projections. Ashok Leyland, part of the Hinduja Group, announced plans to invest up to ₹500 crore in a greenfield battery pack manufacturing facility near Chennai. The project, part of an earlier MOU signed in September 2025, involves a groundbreaking ceremony and is expected to boost the company’s presence in the electric vehicle supply chain. KEC International secured new orders worth ₹1,476 crore for transmission and distribution projects across India, the Middle East, Africa, and the Americas. These include 380 kV transmission lines and substations in Saudi Arabia, as well as 132 kV projects in Africa, alongside infrastructure contracts in India and the Americas. Borosil Ltd disclosed that supply restrictions on LPG have affected production at its Jaipur facilities due to a force majeure caused by the Middle East conflict.#nifty50 #wipro #trustage #renew_wind_energy #ashok_leyland
