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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Wipro (HOLD): Simplified operating model pays off
WPRO posted an upbeat QoQ performance in Q1FY22 with 12% CC revenue growth, ahead of our (8.9%) and street estimates
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U.S. Equity Strategy: SPX 4400 Target In Sight
The S&P 500 remains bullish, progressing past our first target of 4350 and now on its way to our next target of 4400-4406. As long as 4257-4275...
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Devyani Pre-IPO - Might Not Do Another Burger King India but Should Be Good
Devyani International Limited (DIL), Yum Brand’s largest franchisor in India, aims to raise around US$200m via its Indian IPO. The IPO will be a...
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