Wipro shares crash 9.5%, brokerages see downside till Rs 220. What should investors do?

Wipro shares dropped significantly following its third-quarter financial results. The IT firm provided a cautious growth forecast for the upcoming quarter. Global brokerage Jefferies has issued a low target price for Wipro stock. Analysts anticipate limited earnings growth for the company in the coming years. This outlook suggests potential adjustments in the stock's valuation.