Wipro stock rises 4% after beating Q1 forecasts, driven by Americas growth and $5 billion in large deal wins.

• Net profit up 11% and revenue rises 0.8%, outperforming TCS and HCLTech’s weaker results this quarter.
• Six brokerages upgraded Wipro post-earnings; ten raised price targets after strong client spending trends.
• Wipro expects flat September quarter revenue, but large deals concentrated with top clients signal growth potential.