Wipro shares crack 4% after Q4 results. What Goldman Sachs, 3 other brokerages are saying?

Shares of Wipro, India’s fourth-largest IT services company, fell as much as 4% to their day’s low of Rs 202 on the NSE on Friday after it reported a 2% fall in its consolidated net profit at Rs 3,502 crore in the fourth quarter. The company's board also approved a buyback of Rs 15,000 crore along with its financial results.Revenue from operations, meanwhile, increased 8% YoY to Rs 24,236 crore. However, the core IT services segment showed limited traction. Revenue stood at $2.65 billion, growin...

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