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Stocks to Watch: Wipro, TCS, Punjab & Sind Bank, IOC, BPCL, Motherson Sumi

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NEW DELHI : Here’s a list of stocks that may be in news in Thursday’s trade: Wipro: Bengaluru-based IT services company Wipro Ltd has been lagging peers for several years now with subdued revenue growth.

Wipro posted a 5.3% sequential decline in net profit to ₹2,326 crore for the fourth quarter ended March mainly due to lower operating margins and higher tax rates as compared to the previous quarter. Tata Consultancy Services: India’s largest software services provider will announce its financial results for the quarter ending 31 March today. Motherson Sumi Systems: India Ratings and Research has placed Motherson Sumi Systems Limited’s long-term issuer rating of ‘AAA’ on Rating Watch Negative (RWN) with a stable outlook. Tata Steel: S&P

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