Global Equity Strategy: Reason For Caution; Actionable Themes: Services/Technology & Staples
With interest rates expected to move sideways to lower, we recommend a mix of growth and defensive Sectors. Today we focus on Services/Technology...
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Wipro Q1 Results: PAT Rises 9% QoQ to Rs 3,243 Cr, Beats Estimates; Sales Rise 14%
Consolidated sales of Wipro for the quarter ended June 2021 at Rs.18467.40 crore registered a growth of 14% QoQ and a 24% YoY. The IT services...
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HSIE Results Daily: Wipro, Cyient
Wipro delivered a strong revenue performance in Q1, with organic growth of 4.8% QoQ being the best of the past 10 years. The total revenue growth...
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Wipro: Strong Performance, Robust Outlook Backed By Efficient Execution
We recommend a BUY rating on the stock and assign a 26x P/E multiple to its FY23E earnings of Rs 25.4/share to arrive at a TP of Rs 655/share,...
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Wipro Ltd: Healthy Q1 Performance, Strong Guidance
Wipro's share price has grown by ~3x over the past five years (from ~Rs 210 in Jul 2016 to ~Rs 586 levels in July 2021). Target Price and...
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