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Wipro brings cheer with bonus

about 10 years ago

Infosys was generous with a dividend and Wipro has been even more generous, announcing a liberal 1:1 bonus along with its results. The bonus sweetener was good enough to remove the bitterness of its guidance

Wipro rises almost 9%

about 8 years ago

Wipro rose almost 9% today at Rs.328, the moment it opened for trading. Its 52-week high is at Rs.334.75.

Wipro in focus

about 6 months ago

The stock opened sharply higher (around Rs. 208.7 versus a prior close near Rs. 202.9) and was trading near Rs. 206–207 in early deals, even as the broader Nifty IT pack was weak, making Wipro one of the few names showing relative strength on the day.

Wipro in the green

about 13 years ago

After the weak few days due to the stronger rupee, Wipro is up in the green today. The stock, which had closed yesterday at Rs.481.50, opened higher at Rs.486, going on to hit an intra day high at Rs.496.40. It currently remains at Rs.493 levels, up almost 2.5%. The stock is up after the com ...

WIPRO SHOWS WHAT LIES AHEAD

about 7 years ago

The first Q4FY20 earnings came in today evening – Wipro. And we have TCS tomorrow. But today’s earnings of Wipro can give us an inkling about what to expect in the days ahead, at least when it comes to IT companies

Wipro hits a new high

about 9 years ago

Wipro is today amongst the top gainers on the BSE; going on to hit a new high at Rs.291. Volumes are also pretty robust, going up over 3 times in this morning session alone.

Wipro earnings disappoint

about 9 years ago

Wipro announced its earnings for the Q4FY18 quarter after market hours and it was disappointing.

Wipro grabs some eyeballs

about 8 years ago

Wipro went up 2% to Rs.272 though volumes remained muted. It is currently just about holding onto the green, barely 0.15% up.

Wipro top loser on BSE

about 14 years ago

The top loser on the BSE currently is Wipro, down almost 10% at Rs.405, with an intra day low at Rs.397.25. The lower circuit filter is at Rs.381.20. Today is the first day when Wipro gets traded as a pure IT company, following the demerger scheme. This means that from today, the stock price ...

Wipro in the red

about 9 years ago

Wipro went down 2% to Rs.278.70; it has recouped a bit but remains in the red around 1.5% down now at Rs.281 levels. Overall the mood on the counter remains muted.

Wipro spikes up on Canadian alliance

about 12 years ago

Wipro is a strong gainer on the BSE currently, up amongst the top five gainers. It opened higher at Rs.542 went on to hit an intra day high at Rs.554.20 and presently remains at the same high levels, up 3%. The stock is up after the company today announced that it has entered into a st ...

Wipro does well

about 8 years ago

The stock price is currently just about holding on to the green at Rs.311 and this is after rising to Rs.317.75 from yesterday’s close of Rs.309.15.

Wipro at new high

about 6 years ago

The stock, among the top five gainers on the BSE, jumping up to hit a new high today at Rs.358.30 and remains strong in the green zone.

Wipro slips 7%

about 6 years ago

The market does not seem to be enthused with this performance of the company and the stock is the top loser on the BSE. The stock price slipped 7% to hit Rs.350

Wipro gets thumbs down

about 6 years ago

Though the stock opened Rs.2 up at Rs.440, from there it only slipped into the red to Rs.421.65, down 4%.

Wipro gets thumbs up

about 6 years ago

The stock opened 2.5% higher at Rs.442 an went on to hit an intraday high at Rs.468.95, up over 8.5% and not too far from its 52-week high of Rs.474.10.

Wipro hits new high, slumps

about 5 years ago

The stock hit a new 52-week high today at Rs.589 but from that level, profit booking pushed the stock down to Rs.568.25 and is now trading in the red

Wipro making a buzz

about 5 years ago

From its close of Rs.564.25, it opened pretty firm at Rs.572.45 and is currently just about holding on to the green at Rs.564.25.

Wipro tumbles down

about 9 months ago

The shares tumbled nearly 7% in Monday’s morning trade to around Rs. 249, extending their recent underperformance, as investors reacted to weaker-than-expected near-term guidance issued alongside the company’s Q3 FY26

Wipro spurts up

about 13 years ago

Wipro is doing very well in this otherwise another red streaked morning. The stock opened at Rs.457.20, its intra day low point and it is currently at Rs.466.10, its intra day high. Volumes are pretty good at over 60,000 shares. The stock is up on two counts. Firstly, the depreciation of the ...

TCS, Infosys, HCL or Wipro - Who stacks how?

about 14 years ago

All the four bigwigs of IT companies in India have declared their Q2FY13 numbers and now it is time to see who stacks how and who emerged at the top. From all aspects, TCS has emerged right at the top, with the highest revenue, both in rupee as well as dollar terms.

Wipro hits new high

about 5 years ago

The stock, which has closed yesterday at Rs.543.05, opened slightly higher today at Rs.546 and went on to hit a new high at Rs.550; it has come off this high

Wipro tanks on disappointing numbers

about 12 years ago

Wipro remains the top loser on the BSE since morning. It is currently down 5.5% at Rs.545.50, with an intra day low at Rs.528, the rate at which it opened today and later recouped. Volumes are up almost 3 times. The stock has tanked after the company posted disappointing numbers for Q1FY15. ...

Wipro and Infosys slip

about 6 years ago

The stock today morning opened lower and slipped over 6%, going down to Rs.431 though it has recovered and is trading at 446 levels.

Wipro brings cheer

about 6 years ago

The stock saw some unprecedented jump in volumes of almost 17 times, with the stock hitting the 10% UC twice – first at Rs.247.55 and second at Rs.258.80

Wipro hits a new low

about 4 years ago

The stock is currently top loser on the BSE; from its close of Rs.407.75, the stock hit a new 52-week low today at Rs.378.30.

Wipro hits a new high

about 8 years ago

The market is apparently happy with this news and the stock price hit a new high today at Rs.335.90; it has come off the high

Wipro having fantastic day!

about 3 years ago

The stock is having a fantastic day; from its close of Rs.465.45, the stock opened today at Rs.511.95 and soon jumped up to hit a new ‘almost’ two-year high at Rs.526.45, up more than 13%.

Wipro tanks 9%

about 2 years ago

The stock is the top loser on the BSE since the opening bell today morning; the stock slipped almost 9% to hit an intraday low at Rs.508.25 and it is currently trading at Rs.510 levels.

Wipro hits a new high

about 13 years ago

Wipro has hit a new 52-week high today also; yesterday it hit a new high at Rs.596.80 and today, a new high was made at Rs.603.85. The stock continues to trade around the same high levels. The stock is scaling new highs after the company stated that it has been selected by UK based company, ...

THE FIRING IN IT INDUSTRY – TRUMP IS JUST A PRETEXT

about 10 years ago

That’s what most in the IT industry say. The way news is coming out about layoffs, with big companies like Infosys and Wipro stated to fire some 58,000 employees. Then there is the report by the Head Hunters, who say that 2 lakh employees in the IT sector will be laid off every year, for the next three years. Cognizant plans to reduce the work force by 2-5%. Tech Mahindra, HCL, Cap Gemini and DXC Technologies,

TCS – TRYING TO “TRIUMP” WITH A BUY BACK

about 10 years ago

The market was thrilled with the news that the Board of TCS is meeting on the 20th of Feb to consider buy back of shares. And the free advice being doled out by analysts is that Infosys and Wipro should also do the same.

IT STOCKS - TCS LEADS THE PACK

about 14 years ago

It is once again time to see, who stacks up how. There are four bigwigs in Indian IT sector but because HCL Tech ends its year on 30th June 2013, we have not taken the company for comparison= here. TCS, Infosys and Wipro

"IT" DOES NOT LOOK GOOD IN Q2FY17

about 10 years ago

TCS will declare its Q2FY17 numbers on 13th October and the succeeding day, 14th Oct, Infosys will reveal its Q2 numbers. Wipro is much later on 21st, the same day when mid cap stock, Mindtree also reports its results.

IT stocks steal all limelight

about 13 years ago

The good Q3FY14 numbers of Infosys has spurred on the stock prices of HCL Tech and TCS. HCL Tech hit a new 52-week high today at Rs.1299.95 and remains around the same levels currently. TCS also hit a new 52-week high at Rs.2287. Wipro is up over 2% and Tech Mahindra has also hit a new high at Rs ...

IT stocks in the red

about 13 years ago

The list of losers today is led by IT stocks – Infosys is down over 2% and so is Tech Mahindra, also down over 2%, TCS is also down 1%, HCL is down over 1% and Wipro is also down over 2%. IT stocks are in the red as the rupee today morning has today appreciated by 41 paise post t ...

IT stocks on a high

about 5 years ago

Infosys hit a new high today at Rs.1787.50, HCL Tech too hit a high at Rs.1377 and Wipro at Rs.698.95, all three continuing to trade around the high levels

AFFLICTED, DEAD, CURED AND STAYING HEALTHY – MATH OF EARNINGS

about 7 years ago

If it had been business as usual, we would be looking at the Results Calendar, trying to keep pace with the speed at which results for Q4FY20 and FY20 would have started pouring in. Today, we are at 13th and the first one, Wipro will be on 15th, which is mid-month and TCS following closely the next day on 16th. HDFC Bank is 18th.

IT stocks get hit

about 8 months ago

Losers were led by Persistent Systems and LTIMindtree, while Infosys, Tata Consultancy Services and Wipro also traded materially lower; by around 10 am, the decline was still broad-based even as the headline Nifty was relatively steady.

IT stocks tank

about 5 months ago

TCS, LTM, Persistent, Infosys, HCL, Wipro – the entire clan of IT stocks is down in the red. The Nifty Index fell over 6% in today’s session and the reason is rising concern around the AI threat, soft global demand

Axis Bank tanks over 7%

about 13 years ago

Axis Bank is down over 7.5% at Rs.1062.75, with an intra day low at Rs.1057 though volumes are a but muted at over 1.2 lakh shares. The stock is deep in the red today, reacting to the news that it has been removed from the MSCI Global Standard Indices. The stocks in this index usually get jig ...

L&T gets all excited about "listing"

about 11 years ago

L&T was in the limelight yesterday after it had announced winning orders worth Rs.1507 crore. The momentum continues into today also. The reason today – the much anticipated listing of its infotech arm, L&T Infotech might happen earlier than expected. The company had earlier said th ...

Infosys at 52-week high on 'accentuated' optimism

about 11 years ago

Accenture is not a listed company. Yet, its earnings give us an indication of how things are for the other listed IT companies. And that explains why after Accenture announced its Q2 numbers (Feb quarter ending), Infosys went on to hit a new 52-week high today at Rs.1234.65. TCS is also in the gr ...

Munjal Auto

about 10 years ago

Munjal Auto Industries surged over 10% in the morning trades to Rs.110 just Rs.8 short of its 52-week high of Rs.117.80.

Infosys victim of rumours

about 9 years ago

Infosys is amongst the top losers on the BSE today. The stock tanked 3.5% to Rs.923.05, which is Rs.23 away from its 52-week low of Rs.900.30.

Mindtree climbs up into green

about 9 years ago

Mindtree is very much in the limelight today, gaining a position amongst the top gainers on the BSE. The stock price rose over 2.5% to Rs.534.90 and is now currently trading at Rs.530 levels.

IT stocks surge

about 6 years ago

Apart from TCS hitting a new high, Infosys also went on to hit a new high today at Rs.1192.70, HCL Tech rose 3% to Rs.904.85

Stocks got "Trumped"

about 1 year ago

This fact has naturally pulled down the markets but it’s probably more important to understand the sectors/companies that could be impacted.The sectors that will face the maximum heat

Export-oriented stocks in focus

about 9 months ago

Thus export-oriented stocks are clearly in focus and under pressure, reflecting caution ahead of the US Supreme Court ruling on Trump-era tariffs and the broader risk of renewed trade uncertainty.

IT stocks tank

about 4 months ago

IT stocks led the losers’ pack in trade today, with the top five decliners dominated by the sector after Accenture cut its annual revenue growth forecast and flagged demand headwinds. The read-through hit sentiment sharply, with the Nifty IT index falling around 6%

INFOSYS – 11TH JAN WILL BE WATCHED!

about 8 years ago

Infosys today rose over 3% and through the day, remained in the green. Oh yes, the market is enthused alright! What has almost become a yearly ritual, Infosys has once again announced a buyback. It has announced that its board will consider a buyback programme and payment of special dividend, among other proposals, at its meeting on January 11.

TURNAROUND IN MOODS - LONG LASTING OR TEMPORARY?

about 14 years ago

Undoubtedly, there is a turnaround in sentiments. From being morose and pessimistic, there is a perceptible shift to hopeful and optimistic. Downgrades and current account be damned; those are thorns which the markets have decided will take once the economy is kick started by the new FM, Dr.Manmohan Singh.

GREAT EXPECTATIONS - LIKE ALWAYS!

about 15 years ago

The spotlight is back on Mr.Subburao. Will he? Or won't he? These are the two questions vexing the markets. With inflation in the negative over the past three weeks and November IIP numbers coming in better than expected, the general feeling is that the RBI can now start softening its dovish stand. But that ...

Q4FY18 – A MIXED BAG OF SOUR AND SWEET

about 9 years ago

This week marks the beginning of the earning season for Q4FY18. Q2 and Q3 were pretty stable, what with the disruption of demon and GST earlier. And now we have Q4 where there is murmur of more weakness that strength in the numbers.

THE WEEK AHEAD – THINGS LOOK WEAK

about 6 years ago

People of the world are waiting for a cure or vaccine. The markets are awaiting new triggers. With no big economic boost expected any time soon, the markets are looking for short term reasons to rise and fall. Afterall, the market is an embodiment of human sentiments and like humans, it needs hope too.

TCS OR INFOSYS OR WIPRO?

about 6 years ago

The Q1FY21 earnings of the top three frontline companies is out. And the market has shown amply that it’s a thumbs up – the worst was expected and compared to that, all three have done relatively well.

TCS NUMBERS HIT THE SPOT!

about 6 years ago

Obviously, the newsmaker today, hitting all business headlines is the Q2FY21 performance of TCS and more significantly, its buyback. Late in the evening yesterday, it announced earnings which beat street expectations, led by all-round growth across main verticals and geographies.

DIVIDEND IS THE WAY TO EARN?

about 6 years ago

And dividends have been raining ever since the earnings season started; its almost like companies want to reward the shareholders with something to hold on to. Well, at least the companies are giving this “stimulus” of dividend – something substantial unlike the stimulus from the Govt – you see it but you don’t feel it.

PRIVATE SECTOR TO BE THE “STIMULUS”

about 6 years ago

The point is that even if the Govt is not giving any meaningful stimulus, looks like the private sector companies that are doing well are bringing in the much-needed cheer. With Reliance signing up multi-billion dollar deals ever since the lockdown started, its good that the company, instead of rewarding itself with high dividends, is looking out for its employees.

TCS SETS THE MOOD!

about 6 years ago

As expected, TCS did set the mood. The bellwether IT company, acting like a precursor for the performance of the sector in Q3FY21, posted a very encouraging set of earnings, beating all expectations, posting the strongest quarterly performance in nine years.

INFLATION - SNAKE IN THE GRASS

about 5 years ago

The puzzle here – we all are paying much more for the tomatoes and spinach that we buy, yet the macro data says that its in the negative! Surely something is amiss here. Maybe what we are paying for is the price of fuel – price of veggies might have gone down but that of transportation is what impacts us.

LOOKING BACK, LOOKING FORWARD

about 5 years ago

What we need to watch out for in Q3 earnings - the amount of de-leveraging done and how debt costs have come down. Cost management will be key in Q3 earnings and keep a watch on the cash flow – that will indicate the presence or absence of stress. As raw material costs rise, companies resorted to cleaning up their balance sheets,

Short Term Capital Gains

about 8 years ago

Gain arising from a listed securities, equity oriented Mutual Funds and zero coupon bonds held for less than 12 months is known as a Short Term Capital Gain (STCG), as per local Income tax regulations.

MARKETS SAYING, “DON’T WORRY, BE HAPPY!”

about 10 years ago

The markets are most certainly in a jubilant mood. NSE and the BSE are at all-time highs. Yesterday, the BSE Sensex closing over 30,000 was a huge thing. The Indian rupee too hit a 20-month high at Rs.63.93, breaching the Rs.64-mark. The reasons are not very far to find.

INFOSYS – NO GUIDANCE BUT Q1 LOOKS BLEAK

about 7 years ago

So Infosys had almost the entire of Q4; only last two weeks were under stress and that in itself has impacted the performance. That makes us wonder about Q1FY21 and going further into Q2;

Who scores better - Infy or TCS or Mindtree?

about 11 years ago

3 IT companies, TCS, Infosys and Mindtree, have declared Q1FY16 results, so far. We evaluate the IT report cards out, so far. Given the financial performance, which share looks better now?

IT BIGGIES - WHO LEADS THE PACK?

about 12 years ago

A quick comparison of the performance of the three big wigs of IT in India shows that once again, TCS scores the highest. In terms of revenue - both INR and US$, it is mush ahead of its peers. Even in terms of profitability, TCS comes tops but this time around, Operating margins of Infosys have become better, in terms of improvement.

IT STOCKS - TCS LEADS THE PACK

about 13 years ago

So then, which is better amongst the biggies? Purely in terms of fundamentals, TCS emerges on the top and HCL shows much potential going ahead. In terms of pure stock market logistics, TCS has gone up substantially and trades

INFOSYS - GOOD NUMBERS BUT........

about 13 years ago

The YoY improvement shows that the lower base effect will help show a better performance going ahead and it also means that things are indeed improving on the global macro economic front, especially in USA. But QoQ fall is irksome as seasonally, Q3 is the weakest and yet, Q4 did not emerge

Q4FY14 - A MIXED BAG OF SWEETS, NAMKEENS AND KARELAS!

about 13 years ago

This time around, surprisingly, it is not Infosys but CMC which will bring in the numbers on 14th though small cap companies like Chemfab Alkalis and Goa Carbon, as usual, take the lead, being always amongst the first. Actually GM Breweries was the first to have declared its Q4 numbers. Infosys will remain the first large cap company to declare its numbers on 15th while IndusInd Bank will also follow the tradition of being the first bank to present its earnings.

THE IRRATIONAL EXUBERANCE OF THE MARKETS

about 13 years ago

Has industrial growth picked up? No. Current account deficit remains a worry. Q2FY14 results of India Inc till date have been much more positive than expected but it would be too early to say that it is out-of-the-woods. Despite so many "no" the market is in a "yes" mode and

INFOSYS, IIP AND INFLATION - ALL GIVE MARKET A SORE EYE

about 14 years ago

Feb IIP came in at 0.6%, less than 1% and the market was relatively happy and analysts also seemed pretty peaceful. And this explains the times we are living in today where as long as growth is in the positive, albeit low growth, that's enough reason to feel good. Many have started saying that the worst is probably over

ENTREPRENEURS TO WATCH OUT IN 2013

about 14 years ago

Just as there are many things to look forward to, many resolutions to make and break, India could also be defined by the some trailblazers, leaders who could change the course of history. Let us have a look at some of these leaders

HUME TUMSE PYAR KITNA - FIIS TO INDIA

about 14 years ago

So why are they buying stocks into India when nothing, at the moment, seems to be going right? Or is it that they have some news which we do not have, based on which they are investing? No idea about what news they could be banking on but the irrefutable fact is that India remains

TCS or INFOSYS - WHICH IS A BETTER BET?

about 14 years ago

Today, TCS seems like the winner and hence a safer bet. But in the long term, Infosys could give you better returns as today expectations from the company are at their lowest and it today available at a much discounted value. Mid and short term, Infosys is not a safe bet but those with a long term horizon can surely buy. On the other hand, expectations from TCS are only growing

I.T. Stocks - Tactical Selling Seen Over

about 5 years ago

I.T.Stocks having moved to life high in the second half of October last month, saw a correction of 10% to 25% across the board