Stocks in News Today

23 May 2023

• Standalone net profit dropped 17% YoY at Rs 751 cr. • Revenue was up 33% YoY at Rs 11,626 cr. • EBITDA rose 11% from 8.9% last year. • Operating margins expanded 209 basis points YoY to 10.97%. • The board has recommended a dividend payout of Rs 2.60/share.

• Shriram Properties acquires a new project in Chennai with a revenue potential of approximately Rs 1,200 cr.

• Wipro expands Google Cloud partnership to advance enterprise adoption of Generative AI.


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