Wipro (WIT) has released an update.
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Wipro Limited has announced its financial results for the quarter and half-year ending September 30, 2024, revealing solid performance metrics. The company also declared a 1:1 bonus issue of equity shares, enhancing shareholder value and potentially impacting its stock appeal. This move, pending shareholder approval, is expected to double the number of outstanding shares, signaling confidence in the company’s financial health.
For further insights into WIT stock, check out TipRanks’ Stock Analysis page.
