<p>New Delhi: Shares of IT major Wipro tumbled nearly 9 per cent in morning trade on Monday after the company gave a flat sequential growth guidance.</p>.<p>The stock tanked 8.79 per cent to Rs 508.25 on the BSE.</p>.<p>At the NSE, it tumbled 8.79 per cent to Rs 508.20 apiece.</p>.<p>The stock emerged as the biggest laggard among the NSE Nifty firms.</p>.<p>Wipro on Friday posted a 4.6 per cent year-on-year rise in consolidated net profit for the June quarter at Rs 3,003.2 crore.</p>.Wipro to hire to hire 10-12k people this fiscal; building muscle for returning growth: CHRO.<p>The Q1 FY25 revenue of the Bengaluru-headquartered firm, however, fell 3.8 per cent to Rs 21,963.8 crore.</p>.<p>The company said it expects revenue from the IT Services business segment to be in the range of $2,600 million to $2,652 million, in the September quarter.</p>.<p>"This translates to sequential guidance of (-) 1.0 per cent to +1.0 per cent in constant currency terms," it said.</p>
<p>New Delhi: Shares of IT major Wipro tumbled nearly 9 per cent in morning trade on Monday after the company gave a flat sequential growth guidance.</p>.<p>The stock tanked 8.79 per cent to Rs 508.25 on the BSE.</p>.<p>At the NSE, it tumbled 8.79 per cent to Rs 508.20 apiece.</p>.<p>The stock emerged as the biggest laggard among the NSE Nifty firms.</p>.<p>Wipro on Friday posted a 4.6 per cent year-on-year rise in consolidated net profit for the June quarter at Rs 3,003.2 crore.</p>.Wipro to hire to hire 10-12k people this fiscal; building muscle for returning growth: CHRO.<p>The Q1 FY25 revenue of the Bengaluru-headquartered firm, however, fell 3.8 per cent to Rs 21,963.8 crore.</p>.<p>The company said it expects revenue from the IT Services business segment to be in the range of $2,600 million to $2,652 million, in the September quarter.</p>.<p>"This translates to sequential guidance of (-) 1.0 per cent to +1.0 per cent in constant currency terms," it said.</p>