The share price of Wipro tanked 4.25% to Rs 390.10, a day after the company posted second-quarter profit at Rs 2,646.30 crore, down 0.5% as against Rs 2,659.00 crore during the same period last year. Wipro saw its attrition falling to 15.5% in the September quarter, from 17.3% in the June quarter. Utilisation for Wipro has, however, improved to 84.5% in the September quarter. The company said it is paying a standard 80% variable pay to its employees in Q2.  

Wipro’s share price fell 4.45% in the last five days, 8.34% in the last one month, while it gained 9.28% in the last six months and 4.30% in the last one year. 

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