Wipro’s stock rises 13% following Q3 results.
Given that Wipro Ltd.’s American Depository Receipts (ADRs) were up 17% on Friday, investors shouldn’t be shocked by Monday morning’s 13% stock gain at domestic exchanges. Analysts noted that, of the four IT majors, Wipro is the only one whose December quarter statistics showed signs of improvement in discretionary spending. But before becoming overly optimistic … Read more