HCL Technologies can test Rs 600: Joshi

HCL Technologies can test Rs 600, says Sharmila Joshi, Fairwealth Securities.

April 27, 2011 / 14:25 IST
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HCL Technologies can test Rs 600, says Sharmila Joshi, Fairwealth Securities.


Joshi told CNBC-TV18, "Wipro - given the kind of numbers that we had today and we all have been discussing perhaps is the revenue guidance for the coming quarter that has disappointed analysts. Because I think that if you are broadly expecting 23-24% kind of a guidance for next year and then suddenly you get a flattish outlook for the coming quarter then it really makes you think that do you need to therefore drop your or whatever your expectation was by Rs 3-4 and if that happens then definitely Wipro would not be the stock that you want to enter at this price point. So that
first published: Apr 27, 2011 01:15 pm

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