HomeNewsBusinessStocksSee upside in Wipro: Sudarshan Sukhani

See upside in Wipro: Sudarshan Sukhani

See upside in Wipro, says Sudarshan Sukhani of s2analytics.com.

February 11, 2013 / 09:41 IST
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See upside in Wipro, says Sudarshan Sukhani of s2analytics.com.


Sukhani told CNBC-TV18, "Wipro is still in a range and it is willing to breakout on the upside. We have already seen very decent rallies in TCS and that doesn’t mean more cannot come, it probably will. Between Wipro and Infosys, Wipro is best suited for today’s breakout. IT is doing well and this probably should continue.”
At 09:29 hrs Wipro was quoting at Rs 415.75, up Rs 4.30, or 1.05%. It has touched an intraday high of Rs 416.00 and an intraday low of Rs 408.55.
The share touched its 52-week high Rs 452.50 and 52-week low Rs 335.10 on 17 February, 2012 and 26 October, 2012, respectively. Currently, it is trading 8.12% below its 52-week high and 24.07% above its 52-week low. Market capitalisation stands at Rs 102,384.40 crore.

Disclosure: I have no holdings in the stock discussed.
first published: Feb 11, 2013 09:41 am

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