Wipro Limited (ADR)
-
This Consulting and Outsourcing Company Is Delivering Strong Growth
By Daniel James - May 13, 2013 | Tickers: CTSH, INFY, WIT
The nice thing about business support companies is that they tend to do alright regardless of the macro-economic situation, as companies have a persistent need for their services. One consulting and outsourcing company has lagged behind the broader market rally over the last year. On the other hand, they have been growing earnings very steadily, which suggests that the stock may be ready for some upside in the near future more »
-
These Indian Stocks are Spicy Hot and Ready to Serve
By Phillip Woolgar - April 18, 2013 | Tickers: SLT, TTM, WIT
Several markets throughout the world are positioned to take off in the coming years, and many have already started their upward swing. Brazil, Russia, India and China (BRIC) are considered to be the highest economic growth regions in the world.
India stands out to me as one of the surest bets moving forward. The country's massive population of nearly 1.3 billion consists of a growing middle class that more »
-
These Indian Stocks are Spicy Hot and Ready to Serve
By Phillip Woolgar - April 14, 2013 | Tickers: SLT, TTM, WIT
Several markets throughout the world are positioned to take off in the coming years, and many have already started their upward swing. BRIC (Brazil, Russia, India and China) are considered to be the highest economic growth regions in the world.
India stands out to me as one of the surest bets moving forward. The country's massive population of nearly 1.3 billion consists of a growing middle class that more »
-
India Isn't China, So Bet On India?
By Reuben Brewer - April 1, 2013 | Tickers: INFY, TTM, WIT
India rivals China based on population. However, it hasn't managed to achieve the same success as China in its industrialization efforts. Now could be a good time to invest in India with stocks that have international operations.
India isn't China
China and India share many traits. For example, both have massive populations and a foundation in an agrarian economy. China, however, with its strong central government, has been more »
-
India: Risks and Opportunities to Consider
By Piyush Arora - February 27, 2013 | Tickers: HDB, INFY, SLT, WIT
According to recent estimates by Citigroup, India is expected to grow at 5.5% in 2013. Moreover Indian economy is third largest in the world by purchasing power parity, which gives an idea of the immense proportions of growth potential in the country. Unlike China, India is a self-driven economy, which means whatever it manufactures is mostly for domestic consumption. It is due to this reason that despite the sovereign more »
-
Investing in India - ADRs
By Siddharth Dalal - February 19, 2013 | Tickers: INFY, REDF, SIFY, WIT
In part 1 of this series, I covered ETFs that invest exclusively in India. In part 2, I covered CEFs and mutual funds. In this article, I'll look at ADRs' premiums or discounts vs. their underlying securities, and talk about Indian technology ADRs.
Lets start with a list of all ADRs and their relation to the underlying stock.
Company Stock Quote (INR) ADR Quote (USD) ADR Premium/Discount %* Dr more » -
An Indian IT Service Provider With Strong Fundamentals
By Daniel James - February 12, 2013 | Tickers: CTSH, INFY, WIT
India’s economy has over the last decade benefited greatly from the outsourcing boom which moved business support and IT jobs over to the subcontinent. Cities like Bangalore have flourished as a result of this development, turning itself into something of an IT Mecca. While analysts were alarmed at the news of India’s growth slowing to 5%, there is still plenty of value and growth left in the area more »
-
Wipro More Cautious on 2013 Than TCS and Infosys
By Peter Pham - February 3, 2013 | Tickers: QGEM, INFY, WIT
Bangalore based company Wipro (NYSE: WIT), one of the leading firms in India’s powerful IT sector has posted mixed results for its previous quarter. Although quarterly earnings beat analysts’ estimates, the outlook is weak as sales from its outsourcing services division for the current quarter ending March 2013 will most likely remain flat, or in the best case scenario, increase by 3% from the previous quarter. Following the announcement more »
-
From Star to Favorite Whipping Boy to Star Again
By Vibha Jhol - January 30, 2013 | Tickers: CTSH, INFY, WIT
Infosys (NYSE: INFY) was set up in July 1981 at Mumbai. It is currently headquartered in Bangalore India and Infosys has an ADR i.e. the stock in the form of ADR is listed on the American Stock Exchanges. It is one of the bellwether stocks of India which had underperforming in recent times. Infosys was a darling of the Indian investors and there were buyers willing to buy the more »
-
Why You Should Take Interest in Infosys
By Josef Ray Dagatan - January 24, 2013 | Tickers: INFY, IBM, WIT
India-based software group Infosys (NYSE: INFY) very recently made its debut via American Depositary Shares in the New York Stock Exchange last December. Just this month, it announced a partnership with medical company Novasom Inc towards the improved efficiency of the latter’s home tests. Infosys is also the developer of Salesforce.com’s Meditrack, a user portal that widens the reach and enhance the effectiveness of Novasom’s diagnostic more »
-
Tata’s New Leader Will Steer Through Muddy Waters
By Peter Pham - January 22, 2013 | Tickers: QGEM, INDA, INDY, TTM, WIT
After transforming Tata Group into India’s largest industrial conglomerate with its footprint across the globe, its chairman Ratan Tata has stepped down. Cyrus Mistry, the new chairman will now be in charge of this global $100 billion company with operations in more than eighty countries spread across six continents. Under Ratan Tata, Tata Steel, the biggest Indian steel company, bought its Anglo-Dutch rival Corus for $12.1 billion while more »
-
Challenges Galore for the Indian IT Industry
By Vishal Godawat - November 6, 2012 | Tickers: CTSH, INFY, WIT
The Indian IT industry, which rose to prominence in the last decade, is in the middle of a rough patch; it is experiencing problems that are unique and prolonged and have the potential to disrupt their very business model. IT outsourcing majors like Infosys (NYSE: INFY) and Wipro (NYSE: WIT) are already feeling the heat of it. Although both companies seem to be safe, how much longer will that last more »
-
The Slow Demise of Offshore Outsourcing
By Cecil Sales - October 30, 2012 | Tickers: IGTE, INFY, SYNT, WIT
Outsourcing contributes to a large chunk of export revenue in developing countries. Mainly India, in the past, has benefited from an offshore outsourcing boom. But now there may be several reasons for that chapter of outsourcing to close. Macro-economic factors combined with renewed competition from US based outsourcing companies may see a large chunk of revenue that would’ve gone to Indian based companies, to stay home in the US more »
-
The Sleeping Tiger
By Somnath Guha - October 2, 2012 | Tickers: CTSH, INFY, WIT
India’s software industry is still a sleeping tiger waiting to be awakened. We all know that, even while resting, tigers are impressive - other animals are careful to give them respect. Yet only when a tiger is awake and engaged can we appreciate its force and majesty.
Tiger on the prowl
Infosys Ltd ADR (NYSE: INFY), one of India’s largest software exporters, is expanding into management consultancy by acquiring more »
-
A Strong Stock For Your Portfolio
By Federico Flom - October 2, 2012 | Tickers: ACN, INFY, WIT
I have been long attracted to Accenture (NYSE: ACN) as an industry leading, best-of-breed professional services company. I remember the old Tiger Woods advertisement that spelled out Accenture´s three key services: Consulting, Outsourcing and Technology at the end of the commercial. I like that Accenture built itself as a global leader in outsourcing services and IT consulting solutions. Accenture is a global leader in providing comprehensive consulting and technology more »
-
Dwindling Fortunes of Indian IT Giants
By Benjamin Roussey - August 2, 2012 | Tickers: INFY, WIT
Indian IT giants are as susceptible to the ups and downs of the U.S. economic crisis as any other company that has foreign exposure. The real estate financial crisis in the United States has gradually turned into a large scale economic crisis with a global impact. Barnie Frank and what he did to Fannie Mae and Freddie Mac is another subject.
IT & ITES-BPO Services
-
This Global Consulting Firm is Poised to Outperform
By Andrés Cardenal - June 23, 2012 | Tickers: ACN, CSC, INFY, IBM, WIT
Consulting can be an attractive business area. Corporations all over the planet have complex and dynamic needs in areas like technology and outsourcing, and it doesn't make much sense to try to find every solution in house. Companies like Accenture (NYSE: ACN) deliver a valuable service by providing their specific knowledge and experience into areas in which most clients are not prepared enough to make the right decisions by more »