Wipro stock holds near 1.92 euros as bookings weaken

Wipro stock traded at 1.92 euros on Lang & Schwarz at 15:39 CET on Monday, November 2, 2026. That compares with 1.90 euros in the previous report published on Friday, October 30, an increase of 1.05 percent since that report. The move is a separate comparison from the daily performance at Xetra.

Wipro's second-quarter results for the period ended September 30 showed a mixed operating picture. In its quarterly results release, the company reported IT services revenue of 2.6115 billion US dollars, flat sequentially in constant-currency terms and up 0.6 percent year over year.

Bookings put revenue visibility under pressure

Total bookings fell 22.9 percent sequentially in constant-currency terms to 2.595 billion US dollars. Large-deal bookings dropped 58.6 percent to 674 million US dollars. The figures make contract conversion and the timing of new wins central indicators for investors heading into the second half of the fiscal year.

Wipro's operating margin rose 0.5 percentage points sequentially to 16.5 percent. Net income declined 4.7 percent sequentially to 32.0 billion Indian rupees, while operating cash flow reached 53.0 billion rupees, or 165.8 percent of net income. Management also highlighted AI-native platforms and consulting-led transformation work as longer-term growth areas.

December guidance leaves little room

For the quarter ending December 31, Wipro expects IT services revenue of 2.571 billion to 2.625 billion US dollars. The range implies constant-currency sequential growth of minus 1.5 percent to plus 0.5 percent. Seasonal client furloughs and fewer working days weigh on the near-term outlook, while delayed contracts could support later revenue if they close as expected.

Investors can follow the real-time quote of Wipro stock alongside bookings, margin performance and December-quarter execution.

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