Kotak upgraded the stock to 'Add' from 'Sell' and raised its fair value to Rs 7,950 from Rs 6,500, saying multiple growth drivers are now falling into place.
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Wipro's Q1 revenue was a mild miss, and management remains cautious on near term environment, with concerns primarily coming in from slow revenue conversions and delayed client decision making, adds the brokerage.
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While analysts applauded the company's strong performance in the Fast Moving Electrical Goods (FMEG) business, they believe the pace of growth in the core cables and wires segment will remain the key monitorable going forward.
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SBI Funds Management IPO share allotment is expected to be finalised today, July 17. Investors can check their allotment status on BSE, NSE and KFin Technologies. Here's how to check the allotment status, the latest grey market premium (GMP) and the expected listing date.
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Analysts said the company's wealth management franchise continued to deliver solid inflows during the quarter, offsetting some weakness in the asset management business.
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Wipro's weak September-quarter guidance has prompted Jefferies, Citi and Bank of America to stay cautious, with brokerages cutting target prices after the IT major's June-quarter results.
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Reliance Industries leads today's Q1FY27 earnings calendar alongside JSW Steel, Tata Technologies and Federal Bank. Here's what investors should watch.
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. The media office also urged residents, journalists and the public to rely only on official sources for accurate information.
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India were bowled out for 233 with Virat Kohli and Shreyas Iyer scoring fluent 65 and 66 respectively as the English pacers again exploited Indianbatting struggles with bouncing deliveries.
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Stock Market, Sensex, Share Market, Nifty LIVE Updates: Oil prices jump nearly 12% this week as US-Iran strikes fuel Gulf supply fears.
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More than 60 lawsuits by Trump and his allies produced no ruling establishing fraud capable of changing the outcome of the 2020 election, while recounts, audits, and his own Justice Department found none.
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Prides of lions are increasingly stepping out of their traditional sanctuary boundaries, wandering into agricultural fields, open grasslands, and coastal areas.
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US-Iran War Live Updates: A fifth of all traded crude oil and natural gas passed through the Strait of Hormuz before the war, when it was open to all without tolls.
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Expenses such as pulse oximeters, masks, sanitisers, supplements and even some medicines may not be covered unless the policy.
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The Trump administration is reviving a rule that could deny green cards to immigrants who use public benefits that could include food stamps, Medicaid, housing vouchers and others.
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