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Posted by :
pallavac
Hi,
This market is going down & down. There is no sign of recovery at all.
Are we going back to 5200 level of NIFTY?
By what time period we will get to above level & should I stay invested in this company?
Pls advice.
...
GE HealthCare: Wipro==51:49
Posted by : ar_akm
Hi rvk41,Keep this good work going on. Thanks!
...
GE HealthCare: Wipro==51:49
Posted by : rvk41
Wipro Ltd does not see any changes to the equity structure in joint venture Wipro-GE Healthcare post integration of all the GE Healthcare units in India with the joint venture.
GE Healthcare owns a majority stake of 51 per cent in the joint venture while Wipro holds the rest.
GE recently announced plans to integrate its units such as GE Healthcare Life Sciences, GE Healthcare Medical Diagnostics and GE Medical Systems India with the joint venture.
“There is no extra voting rights they have. The decision of companies is unanimous and the board representation is equal. Mr Premji is the Chairman of the joint venture and the partnership has worked well for several years,” Mr Suresh Senapaty, Chief Financial Officer, Wipro, said.
However, Mr Senapaty said the joint venture might use the cash that they have to buy out the GE entities without disclosing the cash balance.
“For the balance, they will get a debt also. They will use a combination of debt and cash. As and when they generate more cash, automatically the loan gets redeemed,” Mr Senapaty said.
Wipro has not disclosed the revenues from the joint venture, but expects to consolidate before March 2010. “As Wipro own 49 per cent stake, we follow the equity consolidation method. We take 49 per cent of profits after tax from the joint venture and add it to our PAT (profit after tax),” Mr Senapaty said.
The Wipro-GE Healthcare business is estimated to be about $240 million, growing at 10-15 per cent annually. “With the integration of more GE entities, the business could go up to $280-290 million,” Mr Senapaty said adding the profitability stood at 8-10 per cent
For information,with regards
rvk41...
2morrow is good buying oppertunity ksera sera for its good results
Posted by :
seenudonhello friends, i like to inform you that ksera sera has posted very good results, if you like to buy this stock pls buy in the morning trade before down circuit breaks for the short term, target will be decided early ..........
BSE Announcements on Wipro
Posted by : MMB Messenger
Wipro Ltd has informed BSE that :
Administrative Committee of the Companys Board of Directors vide Circular resolution dated October 28, 2009 resolved to issue and allot 7800 equity shares of Rs. 2/- each pursuant to exercise of the stock options by the eligible employees under Restricted Stock Unit Plan 2004 and Restricted Stock Unit Plan 2005....
NSE Announcements on Wipro
Posted by : MMB MessengerWipro Ltd has informed the Exchange that: "(1) Administrative Committee of our Board of Directors vide Circular resolution dated October 28, 2009 resolved to issue and allot 7800 equity shares of Rs.2/- each pursuant to exercise of the stock options by the eligible employees under Restricted Stock Unit Plan 2004 and Restricted Stock Unit Plan 2005"....
BUY- WIPRO IN UPTREND
Posted by : dhakak
Vaish ji rentered Nov future of wipro
today.
regards
dhakak...
WIPRO
Posted by : shareking.co.in
WIPRO
Last close 606.50
Yes current market price of Rs.606 means there is absolutely no risk … swing traders and investors can bet on this stock for an upper target of Rs.617, Stock in coming days could cross the Rs.625, Rs.633 mark …!!!
Shareking Research
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Disclaimer : Tips given here does not guarantee profits. FOr guaranteed profits, please visit shareking.co.cc...
BUY- WIPRO IN UPTREND
Posted by : dhakak
Sir u are right and being modest.We look up to you for our affirmation on TA
regards dhakak...
BUY- WIPRO IN UPTREND
Posted by : snvaish
Dear dhakak
very good analysis, till rupee will remain depriciating in terms of doller, I hope IT stocks may remain gainer. and till FII will remain net sellters, ruppee will remain depriciating.
Please correct me if I am wrong any where. ...
BUY- WIPRO IN UPTREND
Posted by : dhakaktypo error 650....
BUY- WIPRO IN UPTREND
Posted by : dhakak
freinds,
Dont miss the trend in wipro .Its daily charts show the the stock above 20 and 50 days EMA.MACD HAVING APOSITIVE CROSS OVER BELOW ZERO AND +D1 and -D1 IN POSITIVE DIVERGENGENCE AND adx gathering strenghth near 20.I perceive imminent upmove.Target 550....
BSE Announcements on Wipro
Posted by : MMB Messenger
Wipro Ltd has informed BSE regarding a Press Release dated October 27, 2009 titled "Results for the quarter ended September 30, 2009 under Consolidated Indian GAAP
Wipro Records 19% YoY and 14% Sequential Growth in Profit After Tax"....
BSE Announcements on Wipro
Posted by : MMB MessengerWipro Ltd has informed BSE regarding a Press Release dated October 27, 2009 titled "Wipro Records 21% YoY and 16% Sequential Growth in Net Income; Results for the quarter ended September 30, 2009 under IFRS"....
BSE Announcements on Wipro
Posted by : MMB Messenger
Wipro Ltd has announced the following Audited Standalone results for the quarter ended September 30, 2009:
The Company has posted a net profit of Rs 12321 million for the quarter ended September 30, 2009 as compared to Rs 8525 million for the quarter ended September 30, 2008. Total Income has increased from Rs 55516 million for the quarter ended September 30, 2008 to Rs 59792 million for the quarter ended September 30, 2009....
