Agence France-PresseApril 22, 2013 08:31
Shares of Wipro, India's third-largest software firm, slumped as much as 11 percent intraday Monday after it projected weak revenue growth last week owing to global uncertainty.
The Bangalore-based firm's shares fell 11.02 percent to a low of 328.0 rupees, a near nine-month-low, on the Bombay Stock Exchange.
The stock, which did not trade on Friday due to a public holiday, closed down 7.95 percent at 339.35 rupees.
Wipro on Friday reported a 16.7 percent year-on-year rise in consolidated net profit to 17.29 billion rupees ($318 million) in the January to March quarter.