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  • Wipro Q2 PAT seen down 5% at Rs 1948.3 cr: Kotak Sec.

    Net Sales are expected to decrease by 2 percent Q-o-Q (up 6.9 percent Y-o-Y) to Rs 13428.4 crore, according to Kotak Securities.

  • Wipro Q2 PAT seen down 1.8% at Rs 2013.9 cr: Motilal Oswal

    Wipro Q2 PAT seen down 1.8% at Rs 2013.9 cr: Motilal Oswal

    Net Sales are expected to decrease by 0.2 percent Q-o-Q (up 8.5 percent Y-o-Y) to Rs 13575.9 crore, according to Motilal Oswal.

  • 'Prefer Infosys, HCL Tech, Wipro in IT; -ve on TCS & TechM'

    'Prefer Infosys, HCL Tech, Wipro in IT; -ve on TCS & TechM'

    Speaking to CNBC-TV18, Ravi Menon of Elara Capital outlined his investment picks from the sector.

  • Analysts worried but NASSCOM says IT cos prepared for challenges

    Analysts worried but NASSCOM says IT cos prepared for challenges

    In an interview with CNBC-TV18, NASSCOM President R Chandrashekhar and Sudin Apte of Offshore Insighs talked about the challenges faced the IT industry.

  • Margin growth from acquisitions to come in Q3-Q4: Wipro

    Margin growth from acquisitions to come in Q3-Q4: Wipro

    CEO Abidali Z Neemuchwala said he is hopeful of seeing more demand for the digital business. Senior Vice President and Chief Financial Officer and President & Chief Human Resources Officer also weighed in.

  • Energy vertical pickup critical for Wipro to regain growth: Pros

    Energy vertical pickup critical for Wipro to regain growth: Pros

    Ravi Menon of Elara Capital, in an interview to CNBC-TV18, said there is some uptick in capex in the energy space which might provide some fillip to Wipro's IT business in the coming years. However, for now this vertical will prove to be a drag.

  • Wipro Q1 net seen down 3.7% to Rs 2153 cr: Edelweiss Securities

    Wipro Q1 net seen down 3.7% to Rs 2153 cr: Edelweiss Securities

    Revenues are expected to increase by 1.3 percent Q-o-Q (up 12.9 percent Y-o-Y) to Rs 13812.9 crore, according to Edelweiss Securities.

  • Wipro Q1 $ revenue seen up 2%, may guide 1.5-3.5% growth in Q2

    Wipro Q1 $ revenue seen up 2%, may guide 1.5-3.5% growth in Q2

    Analysts say growth may be boosted by full quarter integration of Healthplan acquisition and currency tailwinds. According to them, Healthplan can contribute around 200 basis points to topline.

  • Wipro Q1 profit seen down 7.2% at Rs 2074 cr: Motilal Oswal

    Wipro Q1 profit seen down 7.2% at Rs 2074 cr: Motilal Oswal

    Sales are expected to increase by 3.1 percent Q-o-Q (up 14.9 percent Y-o-Y) to Rs 14059 crore, according to Motilal Oswal

  • Brokerages downgrade Wipro as guidance disappoints, stock tanks

    Brokerages downgrade Wipro as guidance disappoints, stock tanks

    Morgan Stanley has downgraded the stock to underweight from equal-weight with a trimmed target of Rs 516 per share. It believes that Q1F17 guidance does not suggest any meaningful acceleration in core organic business and EBIT margin may face pressure.

  • Infosys to see upside if growth rate surpasses 13%: Moshe Katri

    Infosys to see upside if growth rate surpasses 13%: Moshe Katri

    Moshe Katri, MD of CRT Sterne Agee, believes Infosys has so far done an incredible job in reclaiming the lost market share and it must articulate on ways of transition of its legacy business into digital.

  • Q1 focus to be on disciplined goal execution, re-skilling: Wipro

    Q1 focus to be on disciplined goal execution, re-skilling: Wipro

    While energy and utility sectors continue to be a headwind for Wipro, clear demand is visible in digital space, Abidali Neemuchwala, CEO of Wipro said.

  • TCS vs Infosys vs Wipro: Key Q4 numbers in one chart

    TCS vs Infosys vs Wipro: Key Q4 numbers in one chart

    All three IT companies posted robust numbers, some were ahead of others when it comes to revenue, EBIT and profit growth.

  • Wipro Q4 in line; Q1FY17 guidance disappointing: Analysts

    Wipro Q4 in line; Q1FY17 guidance disappointing: Analysts

    Sarabjit Kour Nangra of Angel Broking said that she was disappointed with the guidance number as Wipro has made a few acquisitions and sees a sharp down trend in its stock on Thursday.

  • Wipro Q4 net may fall 0.8% at Rs 2215.3 cr: Motilal Oswal

    Wipro Q4 net may fall 0.8% at Rs 2215.3 cr: Motilal Oswal

    Revenues are expected to increase by 6.8 percent Q-o-Q (up 13.1 percent Y-o-Y) to Rs 13735.4 crore, according to Motilal Oswal.

  • Infosys has higher upside compared to TCS: IDBI Cap

    Infosys has higher upside compared to TCS: IDBI Cap

    In the largecap tech stocks, Urmil Shah, Research Analyst, Institutional Equities, IDBI Capital, prefers Infosys and HCL Tech and believes the former can reach valuations of 20 times by next year. Shah has a target price of Rs 1,381 on Infosys and believes it has higher upside compared to TCS.

  • Wipro Q4 $ revenue seen up 2.8%, FY16 growth may be 4%: Poll

    Wipro Q4 $ revenue seen up 2.8%, FY16 growth may be 4%: Poll

    Analysts feel the acquisition of Cellent (in December 2015) may contribute to topline and hence Q4 growth may be highest amongst peers.

  • Modest sequential Q4 revenue growth for IT cos: Analysts

    Modest sequential Q4 revenue growth for IT cos: Analysts

    Headwinds from depreciation of the British pound (GBP) and other cross-currency movements may also negatively impact USD revenues by 30-50 basis points for the said quarter.

  • Buy Infosys on dips; news on deal pipeline key: IDFC Sec

    Buy Infosys on dips; news on deal pipeline key: IDFC Sec

    Shashi Bhusan, IT Analyst, IDFC Securities, expects the company to issue a revenue guidance of 11-13 percent for FY17.

  • Demand environment for IT budget flat to negative: Wipro CEO

    Demand environment for IT budget flat to negative: Wipro CEO

    TK Kurien, Chief Executive Officer at Wipro pointed out that the company posted the best quarter in terms of new deals by bagging 6 new deals largely led by global infrastructure services. The new deal wins In Q3 reflect in the guidance for Q4, he added.

  • No ratings change for Wipro on basis of Q3 performance: Experts

    No ratings change for Wipro on basis of Q3 performance: Experts

    According to Harendra Kumar of Elara Capital, the stock is aptly priced currently and there is no reason for either re-rating or de-rating the stock.

  • Wipro Q3 $ revenue seen up 0.5%, Chennai rains may hurt margin

    Wipro Q3 $ revenue seen up 0.5%, Chennai rains may hurt margin

    Dollar revenue growth in constant currency may be at around 1-1.2 percent against guidance of 0.5-2.5 percent (USD 1841-1878 million), impacted by Chennai floods.

  • IT Q3 preview: Will Infosys surprise or Chennai floods add pain?

    IT Q3 preview: Will Infosys surprise or Chennai floods add pain?

    Nomura feels overall USD revenue growth is likely decelerate to 8.5 percent Y-o-Y posting ninth straight quarter of deceleration from a peak of 15.4 percent Y-oY. Cross currency moves will again likely hit USD revenues by 30-60 bps across tier 1 IT companies.

  • Clientele pressure to continue; see pickup in Q1FY17: Wipro

    Clientele pressure to continue; see pickup in Q1FY17: Wipro

    Indian software major Wipro on Wednesday announced a 4 percent sequential growth in its rupee revenue, matching analysts' expectations.

  • Wipro Q2 dollar revenue seen up 2%, EBITDA margin may fall

    Wipro Q2 dollar revenue seen up 2%, EBITDA margin may fall

    Analysts expect cross currency headwinds at around 70-80 basis points. Hence, constant currency growth in dollar revenue may be around 2.7-2.8 percent (including some contribution from Designit acquired during the quarter), which is within the company guided range of 1.5-3.5 percent (USD 1821-1,857 million) for Q2FY16.

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