Wipro shares: Some analysts see potential upside in stock price

Wipro on yesterday reported a 0.1 per cent QoQ rise in its consolidated profit at ₹2,972 crore in the March 2021 quarter.

Speaking on the Wirpo quarterly numbers supporting Wipro stock price Avinash Gorakshkar, Head of Research at Profitmart Securities said, “On account of strong quarterly numbers, Wipro is going to remain one of the newsmaker stocks throughout the intraday trade.

On Wipro share price outlook in short term time-horizon Rohit Singre, Senior Technical Research Analyst at LKP Securities said, “Wipro share price has recently made falling channel breakout that augurs well for the upside movement in the IT counter.

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