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SocialPicks Community
Bullish on WIT ...
WIT
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+73.63%
in
486 days
Analysts' Recommendation: Buy 30 Days Ago: Buy target price: 16.00 BusinessWeek Rankings IT 100 IT 100 2007 #49 2006 #57 Asia's BusinessWeek 50 Asia's BusinessWeek 50 2006 #41 Wipro Limited, together with its subsidiaries, provides information technology (IT) services and products, and consumer care and lighting products worldwide. The company’s Global IT Services and Products segment offers IT consulting, custom application design, development, re-engineering and maintenance, systems integration, enterprise application, business intelligence and data warehousing, pac...
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Performer
WIT
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+40.44%
in
514 days
Wipro is one of my favorite companies. I admire the grit and the string-of-pearls approach of its chairman. The company has bought 13 small companies in the last 3 years and is slowly making its presence felt on the global arena.
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Wipro (WIT)
WIT
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+37.90%
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829 days
Hello Friends! Thanks so much for stopping by and visiting my blog, Stock Picks Bob's Advice ! As always, please remember that I am an amateur investor, so please remember to consult with your professional investment advisers prior to making any investment decisions based on information on this website. On Wednesday, I answered a reader about my investment strategy. He asked in particular about Wipro (WIT), the Indian outsourcing firm. I am a big fan of Wipro stock, and my stock club actually owns a few shares. <> Somehow, Social Picks , the website that tracks m...
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A Reader Writes
WIT
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+6.44%
in
24 hours
(closed on 08/04/07)
Hello Friends! Thanks so much for stopping by and visiting my blog Stock Picks Bob's Advice ! As always, please remember that I am an amateur investor, so please remember to consult with your professional investment advisers prior to making any investment decisions based on information on this website.  One of favorite things about writing this blog is receiving emails from readers about things I write about. As I have mentioned before, I cannot answer every email I receive, but I do read them all and when I get a chance, enjoy responding right on the website. <> This aft...
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Wipro (WIT) "Revisiting a Stock Pick"
WIT
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-8.84%
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27 days
(closed on 08/03/07)
It is Friday and we have all made it through another week! I haven't been writing up too many new ideas on the blog and I wanted to take a moment to write up a name that I have visited in the past, Wipro (WIT). I do not own any shares of Wipro directly, but my stock club does own some shares of this company. <>  I was looking through the list of top % gainers on the NYSE this evening and noticed that Wipro Ltd (WIT) had made the list closing at $16.08, up $.78 or 5.10% on the day. I first reviewed Wipro on Stock Picks Bob's Advice on October 4, 2004, almost three years ago (!) when...
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From the Blogosphere
Wipro: Speculative Positions for Current Phase of Economic Cycle
<font>Wipro (WIT) is a good company. For some reason it has never quite caught investor interest in the way that Infosys (INFY) has. Azim Premji is a formidable leader; he has a great track record and is well respected in India. On stewardship quality WIT is INFY's equal; but on valuation WIT is the winner. Access The Quant Report </font><font>here</font><font> for data based on which below commentary is based.</font> <font><font>Operating Risk</font></font>
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Wipro Beats Estimates – Analyst Blog
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Wipro Limited (WIT) announced second quarter of fiscal year 2010 results. Total revenue for quarter ended Sep 30, 2009, was Rs 69.18 billion ($1.44 billion), representing an increase of 6% over the same period last year. Net income for the quarter ended Sep 30, 2009, was Rs 11.71 billion ($243 million), representing an increase of 21% from the same period last year. Earnings per share for the quarter ended Sep 30, 2009, were Rs 8.04 (17 cents), representing an increase of 20% over the same period last year. This exceeded the Zacks Consensus Estimate of 14 cents per share.
IT Services busi...
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Zacks Analyst Blog Highlights: Ford Motor Company, Wipro Limited, General Electric Company, Cognizant Technology Solutions Corporation and Infosys Technologies Limited – Press Releases
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For Immediate Release Chicago, IL – November 3, 2009 – Zacks.com announces the list of stocks featured in the Analyst Blog. Every day the Zacks Equity Research analysts discuss the latest news and events impacting stocks and the financial markets. Stocks recently featured in the blog include: Ford Motor Company (F), Wipro Limited (WIT), General Electric Company (GE), Cognizant Technology Solutions Corporation (CTSH) and Infosys Technologies Limited (INFY). Get the most recent insight from Zacks Equity Research with the free Profit from the Pros newsletter: http://at.zacks.com/?id=5513 <><>Here...
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Cognizant Delivers Solid Quarter – Analyst Blog
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Early in the day, Cognizant Technology Solutions Corporation (CTSH) reported revenues of $853.5 million in the third quarter of 2009, up 16% from a year ago and up 10% sequentially.
Management stated that the company experienced strong organic growth across all industry sectors, geographies and service lines in the reported quarter. Operating margin came in at 20.2%, in line with the company’s targeted range of 19% – 20% but slightly down from 20.8% in the previous quarter.
Earnings per share (EPS) came in at 48 cents, easily beating the Zacks Consensus Estimate of 41 cents. The balan...
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Wipro FY Q2 Tops Street Estimates
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Indian IT services provider Wipro (WIT) this morning posted better-than-expected results for its fiscal second quarter ended September. The company reported revenue of $1.44 billion, up 5% year over year, and ahead of the Street consensus at $1.35 billion. Profits of 17 cents a share bear the Street by three cents. Wipro also said it expects Q4 IT services revenue to be $1.092 billion to $1.113 billion, up from $1.039 billion in the third quarter. <>In a statement, Wipro Chairman Azim Premji said the company sees “more stability in volumes and pricing as well as an improving demand environment.”<><><><>< /><>< /><>< /><>< /><>< />< />...
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