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Wipro (WIT) in Focus: Stock Moves 5.8% Higher

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Zacks Equity Research
·2 min read
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Wipro Limited WIT was a big mover last session, as the company saw its shares rise nearly 6% on the day. The move came on solid volume too with far more shares changing hands than in a normal session. This continues the recent uptrend for the company—as the stock is now up 13.7% in the past one-month time frame.

The company has seen no changes when it comes to estimate revision over the past few weeks, while the Zacks Consensus Estimate for the current quarter has also remained unchanged. The recent price action is encouraging though, so make sure to keep a close watch on this firm in the near future.

Wipro currently has a Zacks Rank #2 (Buy) while its Earnings ESP is 0.00%.

Wipro Limited Price

Wipro Limited Price
Wipro Limited Price

Wipro Limited price | Wipro Limited Quote

Another stock worth considering in the Business - Software Services industry is SYNNEX Corporation SNX which carries a Zacks Rank #1 (Strong Buy). You can see the complete list of today’s Zacks #1 Rank stocks here.

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Wipro Limited (WIT) : Free Stock Analysis Report
 
SYNNEX Corporation (SNX) : Free Stock Analysis Report
 
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Zacks Investment Research