Will Wipro, HCL Tech result surprise market?

Updated - January 23, 2018 at 07:02 PM.

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Tuesday will see two big IT firms coming out their quarterly and yearly financial performance. After TCS’ weak numbers, Street expectations on IT firms are rather muted due to cross-currency fluctuations. HCL Technologies is seen reporting a drop of about 5 per cent in consolidated net profits. Wipro's net profit is expected to shrink marginally by 3-5 per cent. If they surprise the market, IT stocks will also see buying interest.

Published on April 20, 2015 17:21