Market Brief: Wipro Ltd (WIPRO) **Ex-Dividend Update & Market Action** **Headline Event** Wipro shares trade ex-dividend today, **January 27, 2026**. The company has declared an interim dividend of **Rs 6 per share** (face value Rs 2). **Key Dates** * **Record Date:** January 27, 2026 * **Payment Schedule:** Eligible shareholders will receive payouts on or before **February 14, 2026**. **Price Action & Trends** The stock remains under pressure, closing at **Rs 233.93** in the previous session (down **1.49%**). It is currently trading near its 52-week low, reflecting a broader bearish trend in the counter. **Financial Context (Q3 FY26)** Recent earnings have weighed heavily on sentiment: * **Revenue:** Rs 23,556 crore (**+5.5%** YoY) * **Net Profit:** Rs 3,119 crore (**-7%** YoY), impacted by one-time exceptional costs. * **Guidance:** Management projected muted growth of **0–2%** for the upcoming quarter, fueling caution among investors. **Sector Outlook** The IT sector continues to face headwinds with "risk-off" sentiment prevailing across major tech counters. Wipro has underperformed the benchmark indices significantly over the last 12 months, down approximately **25%** over the past year.