Company’s revenues are expected to grow 3.2% QoQ, in constant currency (cc) terms.
Wipro could report an EBIT margin contraction of 10bps QoQ, due to the impact of wage hikes (two months for 80% employees), partly offset by rupee depreciation.
Infosys’ EBIT margin is estimated to grow by 30 basis points to 23.9%.
For today expect a test of 18200 as global cues coupled with short covering see a positive start to the day.
Here is the important stock market news to watch out for today.
Check out the stocks that will be in focus during trade today based on recent and latest news developments.
Kome-On Communication will hold a meeting of the Board of Directors of the Company on 12 January 2022
Deep Polymers will hold a meeting of the Board of Directors of the Company on 15 January 2022
WABCO India will hold a meeting of the Board of Directors of the Company on 27 January 2022
Tata Steel Long Products will hold a meeting of the Board of Directors of the Company on 17 January 2022
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