Wipro slides 23% in 3 months, turns Nifty’s worst performer. Can buyback, Q4 nos. reverse trend?

Wipro shares have plummeted 23% in three months, becoming the Nifty’s worst performer, impacted by weak Q3 results and sector-wide AI concerns. Despite a recent 8% gain in April, analysts remain cautious due to weak growth guidance and integration pressures. The company’s upcoming Q4 results and potential share buyback will be key triggers.