Synopsis: Wipro shares fell as much as 6% on June 5 as the company’s record date for its Rs. 15,000 crore share buyback arrived, marking its largest repurchase programme in nearly three years. Here is a complete breakdown of what this means for investors. The...
Synopsis: IT stock is in focus after its Q4FY26 results, with revenue from operations rising 7.6% YoY to ₹24,236 crore and 2.8% QoQ, while net profit declined 1.8% YoY to ₹3,522 crore but increased 11.9% QoQ, along with brokerage views on the results and operations....
Synopsis: CLSA remains bullish on Indian IT stocks, citing steady demand, stable AI impact on pricing, and attractive valuations, recommending TCS, Infosys, Tech Mahindra, LTIMindtree, HCL Technologies, and Wipro. CLSA remains positive on Indian IT stocks because...
Synopsis: IT stocks including L&T Technology Services, Wipro, Cyient, and KPIT, and some others are trading near their 52-week lows, reflecting market pressure despite varied performance. IT companies are trading near their 52-week lows, driven largely by concerns...
Synopsis: Wipro Ltd saw its shares fall by 10 % in the Day’s Trade following their Q3 results, in which their YoY revenue rose by 5.5% to ₹ 23,556 Crores, and their net profit in YoY declined by 6.5% to ₹ 3,145 Crores, with a weak Q4FY26 growth outlook. The shares of...
Motilal Oswal is a prominent Indian financial services firm, known for its expertise in equity broking, wealth management, asset management, and investment banking. The company offers research-backed investment strategies and personalised financial solutions to both...
Synopsis: MACD bearish stocks are identified when the MACD (Moving Average Convergence Divergence) line crosses below the signal line, indicating weakening momentum and a potential downward trend in the stock’s price. MACD Bearish occurs when the MACD line, calculated...
Foreign Institutional Investors (FIIs) play a crucial role in shaping market sentiment and influencing stock performance in India. Despite a majority of stocks seeing FII exits in the past few quarters, below is the list of Stocks where FIIs have consistently...
Identifying potentially undervalued large-cap stocks can be a key strategy for long-term investment. This list focuses on the companies with a Price-to-Earnings (P/E) ratio below their respective industry average and a price of the stock being under Rs 500, suggesting...
Several IT stocks have recently announced their guidance for FY26 following the release of their quarterly results. These projections provide valuable insights into the companies’ growth expectations and market outlook. As investors keep a close eye on these...
