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Tag: Jefferies

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Jefferies Critiques Wipro’s Earnings Amid Nearly 3% ADR Drop
Companies

Jefferies Critiques Wipro’s Earnings Amid Nearly 3% ADR Drop

by info@biztrendwire.comApril 16, 2026

Wipro's March quarter earnings prompted a negative response from Jefferies, which described the performance as weak and the guidance as lacklustre. The company's US-listed ADRs fell nearly 3% following the results. Wipro's fourth-quarter revenue growth…

Jefferies downgrades Indus Towers to ‘underperform’, shares drop 4%
Companies

Jefferies downgrades Indus Towers to ‘underperform’, shares drop 4%

by info@biztrendwire.comApril 15, 2026

Jefferies flagged the risk of elevated capex levels for Indus Towers due to higher growth and maintenance capex, impacting earnings growth and Free Cash Flow. Nearly 10% of the company’s towers installed during 2016–17 are…

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