Wipro Limited (ADR)

  • Two Reasons to Buy Indian IT Companies

    By Varun Chandan - August 14, 2013 | Tickers: INFY, SYNT, WIT

    The Indian rupee dropped to record lows recently, and is expected to remain under pressure. While a depreciating currency does not augur well for the Indian economy, it should benefit Indian IT companies such as Syntel (NASDAQ: SYNT), Infosys (NYSE: INFY), and Wipro (NYSE: WIT). These companies are also expected to benefit from an ongoing improvement in the U.S. economy, making them an attractive proposition right now.

    Falling rupee more »

  • Turn Your Profits from These IT Service Companies

    By usman iftikhar - August 7, 2013 | Tickers: ACN, CTSH, WIT

    With increasing competition, managers have realized that until they invest in technology, they cannot be successful in any market. After this realization, they have started spending heavily on technologies and the related solutions, consequently increasing the competition in IT services market. In response to it, the market players are adopting different approaches to attract the customers and making more profits.

    At the beginning of this month, Accenture (NYSE: ACN), a more »

  • IT Companies You Shouldn't Miss

    By Gayron Wainwright - August 5, 2013 | Tickers: CTSH, INFY, WIT

    Lately, IT services have been the talk of the town. The International Data Corporation (IDC) estimated that in 2011, the market was more than $855 billion and estimates that it can increase at a compound annual growth rate of 4.6% through 2018. Cognizant Technology Solutions (NASDAQ: CTSH) is an IT services company that is rising with the market.

    Cognizant provides consulting, business process outsourcing services, and information technology, in more »

  • Is This Indian IT Company Worth Buying?

    By Amal Singh - August 4, 2013 | Tickers: CTSH, INFY, WIT

    Infosys (NYSE: INFY) recently reported its latest quarterly earnings; it was helped in the quarter by the depreciation of the Indian rupee. The company's shares jumped as its quarterly results were decent and the company maintained its revenue growth forecast. Let's take a closer look at the results and try to figure out how the company may perform in the future.

    Quarterly performance

    Ranked in the top 20 more »

  • What Makes This Small Outsourcing Firm a Buy?

    By Sarfaraz Khan - August 1, 2013 | Tickers: INFY, SYNT, WIT

    Syntel (NASDAQ: SYNT) is one of the leading providers of IT and knowledge- process-outsourcing (KPO) services. The company has been reporting steady growth despite operating in an extremely competitive environment. It has recently released its quarterly results in which it has again beaten both top- and bottom-line estimates by crossing the $200 million quarterly sales benchmark. This is the third time in a row that Syntel has delivered better earnings more »

  • The Elephant in the Room

    By Gayron Wainwright - July 25, 2013 | Tickers: CTSH, WIT

    Lately, IT services have been the talk across the board. With emerging markets popping up everywhere you look, IT services companies are trying to expand and set a mark in the markets. The International Data Corporation (IDC) estimated that in 2011, the total market was more than $855 billion, and estimates that can flourish at a compound annual growth rate of 4.6% through 2018. Cognizant (NASDAQ: CTSH) is one more »

  • Should You Buy This IT Company?

    By Ash Sharma - July 9, 2013 | Tickers: CTSH, INFY, WIT

    Wipro's (NYSE: WIT) financials have been under pressure in the past quarters, lagging on growth compared to its peers.

    Although the improvement in Information Technology (IT) spending by the banks in North America will help the company increase its revenue in the coming quarter, I remain concerned about the slow addition of new clients in Wipro's portfolio.

    Lets start with the positive.  IT spending by the banks in more »

  • IT Companies Shifting Focus To Next-Generation Technologies

    By Madhukar Dubey - June 24, 2013 | Tickers: ACN, CSC, WIT

    In order to establish footholds in an ever growing, globalized market, IT companies are realizing the potential of next-generation technologies like cloud computing and big data to open up new growth opportunities. According to Global Industry Analysts, the global IT service market is expected to reach $1.2 trillion by 2015, at a compounded annual growth rate of 5.88% from 2011. To increase their slices of the pie, three more »

  • Will Recent Management Changes Help This Company Reclaim its Past Glory?

    By Ash Sharma - June 21, 2013 | Tickers: CTSH, INFY, WIT

    Infosys (NYSE: INFY) has been under pressure for the last two years. The company has been continuously lagging behind its peers in earnings. The growth forecast for FY13 given by the management is below the industry average provided by NASSCOM (6%-10% Y-o-Y vs. industry estimate of 12%-14% Y-o-Y). In order to revive the company’s falling fortunes, Narayan Murthy has returned as executive chairman. The company has also more »

  • 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: SSLT, 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: SSLT, 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, SSLT, 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.

    CompanyStock 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 »

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