Wipro shares a slow-mover but can rally to Rs 335-360 in next 2 weeks: Anand James

Wipro shares a slow-mover but can rally to Rs 335-360 in next 2 weeks: Anand James

Wipro is usually a slow mover, but the ongoing uptrend is replete with bullish continuation patterns, which can make the stock rally towards Rs 335-360 region in the coming fortnight, says Anand James, Chief Market Strategist, Geojit Financial Services. Edited excerpts: Nifty looks on track to end the month on a negative note. What would … Read more

Wipro turnaround work in progress; valuations leave little on the table: Analysts

Wipro turnaround work in progress; valuations leave little on the table: Analysts

NEW DELHI: ‘s September quarter earnings sent its shares soaring, but analysts’ price targets largely suggest muted outlook for the stock. “Demand tailwind is already baked into valuations,” they said. JPMorgan finds the stock Rs 670 worthy as it believes Wipro has displayed remarkable growth improvement over the last 12 months. Credit Suisse is ‘neutral’ … Read more