Wipro share price climbs 1% following a 17% drop in ADRs overnight amid growing AI concerns. Do you own?
New Delhi, July 2 -- Wipro share price rose as much as 1% to Rs.172.74 apiece on the NSE in Thursday's trading session despite the American Depository Receipts (ADRs) of the IT giant fell over 17% on Wednesday.
Wipro share price opened at Rs.169.94 today, as compared to the previous close of Rs.170.39 on Wednesday. The stock had hit a 52-week low of Rs.169.25 on 1 July.
Wipro ADRs fell over 16.89% to $1.870 apiece on the NYSE, even as ADRs of Infosys rose 1.53% to $10.65, while technology peers Cognizant and Accenture gained 6.04% and 5.38%, respectively.
The fall in the IT giant stock extended its recent decline as investors remained cautious over the company's earnings prospects and the increasing disruption posed by artificial intel...
Click here to read full article from source
इस लेख के रीप्रिंट को खरीदने या इस प्रकाशन का पूरा फ़ीड प्राप्त करने के लिए, कृपया
हमे संपर्क करें.