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Wipro Q1 results: Wipro's turnaround on track but the stock offers little upside: Analysts

Wipro Q1 results: Wipro's turnaround on track but the stock offers little upside: Analysts
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Piyush Pandey , West Asia , Oswal Securities , Lead Analyst , Institutional Equities , பியூஷ பாண்டே , மேற்கு ஆசியா , ஒசுவள் பத்திரங்கள் , வழி நடத்து ஆய்வாளர் , நிறுவன பங்குகள் ,

midcap it stocks to buy: Midcap IT stocks rally, but further upmove unlikely


ET Bureau
“The expectation was that Mindtree’s revenue in dollar terms would be about 4-5% but it has reported 7.7% growth. Wipro also moved up along with midcaps; the hope in the market is that others may also outperform like Mindtree,” said Neerav Dalal, research analyst at Maybank Kim Eng Securities.
“Infosys will move up but the midcaps have already moved up; so they are likely to cool off. Any dip in midcap IT stocks, Infosys and Wipro will be bought into. I would want to wait and see whether others also show the same outperformance,” said Dalal.
Brokerages have a mixed view on Mindtree even as the company reported a robust set of earnings for the quarter ended June. ....

Neerav Dalal , Maybank Kim Eng , Icicidirect Research , Minds Technologies , Antique Stock Broking , Institutional Equities , நீரவ் தலால் , மேபேங்க் கிம் எஂக் , மனங்கள் தொழில்நுட்பங்கள் , பழங்கால ஸ்டாக் தரகு , நிறுவன பங்குகள் ,