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  • Prefer HCL Tech in IT space; continue to be negative on Tech Mahindra: Expert

    Tech Mahindra has posted a strong quarter. In an interview with CNBC-TV18, Ravi Menon of Elara shared his views and readings on the same as well as on some of its peer companies.

  • Wipro Q3 dollar revenue seen up 1% in December quarter; net profit to remain flat

    Wipro Q3 dollar revenue seen up 1% in December quarter; net profit to remain flat

    Wipro will have cross-currency headwind of about 100 bps on a QoQ basis due to the depreciation of AUD and CAD versus base quarter exchange rates used for guidance.

  • Expect demand to continue to remain soft in Q3 for IT companies: CLSA

    Expect demand to continue to remain soft in Q3 for IT companies: CLSA

    CLSA has reduced its growth expectations for Wipro, TCS & HCL Technologies, and lifted expectations for Infosys.

  • Wipro rises 3% post Q2 results, brokerages largely remain mixed

    Wipro rises 3% post Q2 results, brokerages largely remain mixed

    The company’s consolidated net profit increased 5.5 percent sequentially to Rs 2,191.7 crore for quarter ended September 2017.

  • Wipro Q2 dollar revenue seen up 2.4%, EBIT margin may be flat

    Wipro Q2 dollar revenue seen up 2.4%, EBIT margin may be flat

    Analysts expect earnings before interest and tax (EBIT) at 16.6 percent for the quarter against 16.8 percent in previous quarter as operating efficiencies and cross currency tailwinds, partly offset by impact of wage revision effective June.

  • Wipro Q2 PAT seen up 0.4% QoQ to Rs. 2084.6 cr: Kotak

    Wipro Q2 PAT seen up 0.4% QoQ to Rs. 2084.6 cr: Kotak

    Net Sales are expected to increase by 1.5 percent Q-o-Q (down 0.2 percent Y-o-Y) to Rs. 13860.2 crore, according to Kotak.

  • No fireworks expected in IT sector; Tech Mah, L&T Tech may shine in Sept quarter

    No fireworks expected in IT sector; Tech Mah, L&T Tech may shine in Sept quarter

    For Infosys, BofA-ML expects sequential revenue growth of 3.2 percent on a QoQ basis on a constant currency basis and 4.4 percent QoQ in USD terms, aided by strengthening EUR, AUD and GBP during the quarter.

  • Expect 5-7% upside on Wipro; prefer Infosys, Tech Mah & Wipro in IT sector: Edelweiss

    Expect 5-7% upside on Wipro; prefer Infosys, Tech Mah & Wipro in IT sector: Edelweiss

    Wipro Q1 FY18 earnings beat expectations but guidance disappointed the street- the board has also approved a Rs 11,000 crore buyback. In an interview to CNBC-TV18, Sandip Agarwal of Edelweiss Financial Services shared his readings and outlook on the same.

  • Wipro to announce Q1FY18 results today; 8 factors to keep an eye on

    Wipro to announce Q1FY18 results today; 8 factors to keep an eye on

    Analysts expect the company to guide its dollar revenue growth in the range of 0-2 percent or 1-3 percent for July-September quarter.

  • Wipro Q1 PAT may dip 8.9% QoQ to Rs 2059.9 cr: Edelweiss

    Wipro Q1 PAT may dip 8.9% QoQ to Rs 2059.9 cr: Edelweiss

    Net Sales are expected to decrease by 4 percent Q-o-Q (down 1.3 percent Y-o-Y) to Rs 13425.5 crore, according to Edelweiss. Wipro to report net profit at 2059.9 crore down 8.9% quarter-on-quarter.

  • Here's how expert analyze HCL Tech's Q4 numbers

    Here's how expert analyze HCL Tech's Q4 numbers

    In an interview with CNBC-TV18, Urmil Shah, AVP-Research Analyst at IDBI Capital and Karan Taurani, Senior Analyst at Dolat Capital shared their readings and outlook in HCL Technologies'Q4 numbers.

  • Wipro Q4: Why analysts are cautious on stock despite good performance

    Wipro Q4: Why analysts are cautious on stock despite good performance

    Brokerage houses sound caution on the stock due to margin pressure, weak guidance, and rupee strength, among others

  • Here are Sandip Agarwal's views on Wipro's Q4 numbers

    Here are Sandip Agarwal's views on Wipro's Q4 numbers

    Wipro's Q4 numbers beat estimates across the board, but Q1 guidance has disappointed. In an interview to CNBC-TV18, Sandip Agarwal of Edelweiss Financial Services shared his readings and outlook for Wipro’s Q4 results and Q1 guidance.

  • Don't see any structural issues in medium-term despite dip in Q1: Wipro's Neemuchwala

    Don't see any structural issues in medium-term despite dip in Q1: Wipro's Neemuchwala

    Notwithstanding few headwinds to revenue and margin in the immediate quarters, Wipro does not see any structural growth issues in the medium term.

  • Wipro Q4 dollar revenue seen at $1938.5 mn; may estimate Q1 topline growth at 0-2%

    Wipro Q4 dollar revenue seen at $1938.5 mn; may estimate Q1 topline growth at 0-2%

    Wipro may forecast dollar revenue growth at 0-2 percent for first quarter of current financial year 2017-18.

  • Wipro Q4 PAT may dip 4% to Rs 2031.5 cr: KR Choksey

    Wipro Q4 PAT may dip 4% to Rs 2031.5 cr: KR Choksey

    Net Sales are expected to be flat at Rs 13623.4 crore, according to KR Choksey. Wipro to report net profit at 2031.5 crore down 4% quarter-on-quarter.

  • Have to live with visa issue,local-global talent mix must: Infosys

    Have to live with visa issue,local-global talent mix must: Infosys

    The North American market accounts for over 62 percent of Infosys' revenue. For the quarter ended March 2017, revenue from this market grew 1.3 per cent sequentially for the company.

  • Uncertainty around India biz restructuring a big headwind: Wipro

    Uncertainty around India biz restructuring a big headwind: Wipro

    The company has been looking at acquisitions where it needs future competency, says Bhanumurthy, President and COO of the company. It is looking at acquisitions which will help in expanding geographies.

  • Wipro Q3 dollar revenue seen up 1%, Q4 growth may be 2.5-4.5%

    Wipro Q3 dollar revenue seen up 1%, Q4 growth may be 2.5-4.5%

    Wipro's IT services revenue in dollar terms may grow 0.14 percent sequentially to USD 1,919 million and rupee revenue is seen rising 0.6 percent to Rs 13,215 crore in the quarter gone by, according to average of estimates of analysts polled by CNBC-TV18.

  • Wipro Q3 PAT may dip 1% to Rs 2045 cr: KR Choksey

    Wipro Q3 PAT may dip 1% to Rs 2045 cr: KR Choksey

    Net Sales are expected to be flat at Rs 13766.8 crore for Q-oQ (up 7 percent Y-o-Y), according to KR Choksey.

  • Wipro Q3 PAT seen up 5.8% to Rs 2186.3 cr: Motilal Oswal

    Wipro Q3 PAT seen up 5.8% to Rs 2186.3 cr: Motilal Oswal

    Net Sales are expected to increase by 0.9 percent Q-o-Q (up 8.1 percent Y-o-Y) to Rs 13896 crore, according to Motilal Oswal.

  • Wipro & MindTree's earnings under strain: HDFC Securities

    Wipro & MindTree's earnings under strain: HDFC Securities

    No significant upside is seen in Wipro‘s earnings, said Apurva Prasad, Research analyst – IT at HDFC Securities who has scaled down earnings estimate by 2-3 percent for the company.

  • Strategic bets needed to meet $15 bn sales aim by 2020: Wipro

    Strategic bets needed to meet $15 bn sales aim by 2020: Wipro

    Fewer working days and client furlough are key reasons for Wipro‘s subdued growth guidance for the third quarter, says CFO Jatin Dalal in an interview to CNBC-TV18 after its third quarter guidance disappointed the street earlier in the day.

  • Experts do not see much downside for Wipro going forward

    Experts do not see much downside for Wipro going forward

    Going forward, in one or two quarters Wipro will catch with its peers Infosys and TCS, said Prakash Diwan of Altamount Capital Management.

  • Wipro Q2 dollar revenue seen down 0.4%, forex may hurt growth

    Wipro Q2 dollar revenue seen down 0.4%, forex may hurt growth

    In constant currency terms, growth is seen at 0.5-0.7 percent, which is within company's guided band of 0-1 percent at USD 1931 million-USD 1950 million. Cross currency headwind may to be 100-120 basis points.

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