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Wipro Limited ADR (WIT)

Currency in EUR

WIT Comments

Wipro Numbers came inline with the expectations and pricing of the expectations is already done. The guidance is not that great in IT services revenue terms but increase in large Deal bookings and margins along with increase in profits and operating cash flow make this stock attractive to buy at current levels. Consolidated revenue 22,208 from 22,205 QoQ, estimated 22,200 as per Zee business reports. Consolidated Profit 2835 from 2694 QoQ, estimated 2850 as per Zee business reports. Large Deal bookings increased by 31.1 pct QoQ and 9.5pct YoY EPS increased by 5.2pct QoQ IT services Operating margin for the quarter was at 16.4pct up by 40bps QoQ Operating cash flow increased by 9pct QoQ and at 182.6pct of the Net Income for the quarter. Guidance for the next quarter revenue for IT services business is from -1.5pct to 0.5pct in constant currency terms.
Wipro ADR price already discounted all the negatives and soon it would be bought aggressively for target 5.75
good up reversal come TRG 6.25, 6.50
8.5 this March
Wipro JV will move to 7.4
Monday will be seen 5% lower circuit in Indian market...Jay mataji 🙏🏻...
not seen
30 up side
It will go below 5.2
will move up after multiple months consolidation
5-7 % correction in 2 days ..dont buy blindly
it seems they got a very big new deal from major telecom equipment manufacturer...not yet announced
ye bahut time se pahele diwaliya ho gai
poor results, guidance steep cut, CC revenue down 2%, degrowth all over..
buy wipro good news for wipro
buy buy wipro strong buy
sell on rise for gatiya stock.last 3 years.
100 % sep month 2 countinue upper circuit
kitna gadiya stock hai ye
what the heck is going on today?
buy with a target of 5$
It's Time To BUY Otherwise You Missed The Chance
It will fly...
sell wipro 2.10 after results
worst parfome
only buy any time cross 440 share price and ADR tgt 4.97 today eod
Earnings out today are disappointing, particularly the guidance..peers performing better..
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