Why Wipro Share Is Falling

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    Why Wipro Share Is Falling

    Wipro’s share price has been falling for some time now. There are several reasons for this. One of the main reasons is geopolitical risks. Wipro earns about 90% of its revenue from the US and Europe. Any political or economic risks in these regions will impact the company’s business.

    Another reason is that the current management of the company is concentrating primarily on growth – organic as well as inorganic. This acquisition of Capco also portrays aggressiveness of the firm’s inclination towards growth.

    Analysts have attributed the fall in IT stocks especially Wipro to the ongoing Russia-Ukraine war, the economic slowdown and the Covid-19 lockdowns across the globe, which impacted the international business of Indian IT firms during the period.

    Here are some websites that discuss Why Wipro Share Is Falling:
    1. [indmoney.com](https://www.indmoney.com/articles/stocks/wipro-why-is-the-stock-price-falling)
    2. [investyadnya.in](https://investyadnya.in/stock-articles/why-is-stock-price-of-wipro-ltd-falling-reasons-behind-the-recent-fall-in-stock-price-of-wipro-ltd)
    3. [businesstoday.in](https://www.businesstoday.in/markets/stocks/story/wipro-stock-falls-target-price-q2-earnings-tcs-infosys-355776-2022-12-09)

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