
Wipro lags peers, revenue down nearly 5% in June quarter
BENGALURU: Wipro shares tanked 13% on the NYSE after its revenue declined by 4.9% in the June quarter compared to the year-ago period. Sequentially, its revenue dropped by 1% in constant currency. Wipro’s numbers are lacklustre compared to its peers – TCS and Infosys – and are better than only HCLTech, whose revenue declined by…