Feb 25, 2013, 12.01 PM | Source: CNBC-TV18
Buy Wipro and Infosys, says says Sudarshan Sukhani of s2analytics.com.
Sudarshan Sukhani (more)
Technical Analyst, s2analytics.com | Capital Expertise: Equity - Technical
Sukhani told CNBC-TV18, “Wipro is a nice on chart. It has now recovered from all the losses that it had on the back of results and that by itself suggests a gap is being filled. Both Infosys and Wipro are good opportunities to buy.”
The share touched its 52-week high Rs 450.70 and 52-week low Rs 335.10 on 04 April, 2012 and 26 October, 2012, respectively.Currently, it is trading 6.04% below its 52-week high and 26.38% above its 52-week low.
The company's trailing 12-month (TTM) EPS was at Rs 21.49 per share. (Dec, 2012). The stock's price-to-earnings (P/E) ratio was 19.71. The latest book value of the company is Rs 98.89 per share. At current value, the price-to-book value of the company was 4.28. The dividend yield of the company was 1.42%.
There are many risks to the IT sector and the comp
According to VK Sharma, Head of Business, Private
Net Sales are expected to be flat at Rs 13766.8 cr
Net Sales are expected to increase by 0.9 percent
Wipro's board meeting will be held over January 24