New Delhi, Oct. 15 -- The American Depositary Receipts (ADRs) of Wipro recovered, surging 5% in Thursday's trade on 15 October to hit a nearly two-month high of $1.91, even as the company's September-quarter performance remained muted. Investors appeared to be rotating back into software stocks amid concerns over growth.

The Bengaluru-headquartered company reported a net profit attributable to equity holders of Rs.3,200 crore, down 4.6% from Rs.3,356.3 crore in the previous quarter and 1.9% year-on-year (YoY) from Rs.3,262.4 crore in September 2025.

Wipro posted revenue from operations of Rs.24,752.7 crore, marking a 1.1% increase from Rs.24,478.6 crore in the June quarter and a 9% rise from Rs.22,697.3 crore in the year-ago quarter. Re...