Wipro breaks ranks with IT peers, gives junior staff 180 days on bench: Where do TCS, Cognizant, Infosys stand?
Wipro is in focus.
· LiveMint Companies
Wipro has taken a different approach to bench management in India’s IT industry, giving junior and mid-level employees up to six months to find a new billable…
The analysis
Against that, the stock is -0.3% on the day at ₹159.14, and has returned -7.2% over three months. It sits 42% below its 52-week high, which means a good deal of bad news was already in the price. The it sector has moved +1.1% over the same period, so Wipro is running 8.3 points behind its peers.
With Wipro, Tata Consultancy and Infosys all implicated, this reads as a IT-level move rather than a company-specific one, which is the more durable kind of signal.
Market context
- It touches several names at once (WIPRO, TCS, INFY), which points to a sector-level rather than company-specific driver.
- Sector exposure: IT.
In this story
Related coverage
TCS, Infosys, HCL Tech, Wipro, TechM: Will IT emerge as dark horse? What analysts say, fresh targets
TCS shares rise ahead of Q2 results; Mphasis, Coforge, Infosys also gain; here's why
TCS, Infosys, HCL Tech, other IT stocks jump up to 3% despite weak market sentiment. What to expect as Q2 earnings season begins?
TCS dividend 2026 record date, Q2 FY 2027 results announcement date and time, schedule, dividend history - Details
Q2 results today: TCS, Indian Bank, 4 others set to announce earnings