What is Wrong With Wipro Share?

The Wipro share has fallen by more than 46% since the start of 2022.
The IT sector is under pressure as a result of the recent global recession fears.
Not only Wipro other Indian IT stocks follow a similar pattern.
High attrition rate
The rate at which employees leave a company is known as the attrition rate
Wipro experienced 23.8% attrition in the March 2022 quarter.
Wipro reported a 9.3% year-on-year decline in its profit after tax for the second quarter that ended September 30, 2022.
The earnings of the previous 2 quarters were not impressive either.