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Infosys drops 2% ahead of its Q2 earnings
The Street expects the country’s second-largest IT company to report double-digit profit growth in the September quarter due to strong order wins and come back from all verticals including BFSI, retail and communications.
It's raining earnings upgrades for India Inc & how!
US headquartered Jefferies said in a note last week that it expects capacity utilisation ...
Wipro share buyback unlikely to enthuse investors: 5 key takeaways from Q2 results
The set price for buyback also is not likely to enthuse in...
Wipro hits record high ahead of Q2 earnings; here’s what to expect
All eyes are set on the IT major’s deal wins and on the guidance for the current quarter and the fiscal year. Separately, the company’s board will meet on Tuesday to consider a proposal of buyback of shares.
Wipro Q2 earnings: Net profit declines 3% YoY; board approves Rs 9,500 cr buyback plan at Rs 400 per share
Wipro NSE on Tuesday posted a 3.40% year-on-year (YoY) fall in consolidated net profit at Rs 2,465.70 crore for the quarter ended September ...
What do Wipro numbers say about state of the business
Wipro's quarterly guidance looks promising given that the growth is anticipated over the 3.7% topline increase it reported for the September quarter on a low base in the form of a sharp 7.3% drop in the March quarter.
Wipro’s share buyback offers an arbitrage opportunity
“At the current price of Rs340, the tender of shares in open offer can fetch a profit of Rs 60 per share on 50% of positions. The break-even price for the residual shares will be Rs 280,” said a note by ICICI Direct.
Wipro shares crack 6% post Q2 results; here's why
Prabhudas Lilladher maintained its 'buy' rating on the stock and raised the target price to Rs 415 from Rs 350 earlier.
Wipro Q2 results preview: Net profit may rise sequentially, all eyes on guidance
Motilal Oswal expects Wipro to report a 4.1 per cent decline in September quarter net profit from a year ago, while it may have risen 1.8 per cent from the quarter before.
Why are foreign brokerages telling you to sell Wipro shares?
“With the stock trading at 21.6 times, its 12-year high valuation, which we believe is partly driven by expectations of the share buyback, there is no material change in near-term growth outlook and our belief that Wipro continues to have the weakest growth profile among its peers,” said Sumeet Jain of Goldman Sachs.
Buy Wipro, target price Rs 415: Prabhudas Lilladher
Wipro Ltd., incorporated in the year 1945, is a Large Cap company (having a market cap of Rs 203548.31 Crore) operating in IT Software sector.
IT stocks drive Sensex above 40k, Wipro top Nifty gainer
HDFC Bank, along with Infosys and TCS, were the biggest driving force for the rally that continued for the sixth straight day.
Stocks in the news: Infosys, Wipro, Karnataka Bank, Tata Elxsi, Adani Green and CG Power
Competition Commission of India (CCI) has approved the acquisition of various solar energy assets by a joint venture of Adani Energy and Total Solar.
Ahead of Market: 12 things that will decide stock action on Thursday
Chandan Taparia of Motilal Oswal said, the index has to continue to hold above the 11,900 level to witness an up move towards 12,100.
Go bottom-up & invest in market leaders irrespective of market cap
GDP and capital market should be correlated but the correlation is no longer valid, says Krishna Kumar Karwa.