We are expecting a Rs 11,000-crore buyback from Wipro like last time, says Shah

“There should not be any change in the capital deployment strategy.”

Ranga has been instrumental in making sure the financial performance remains quite good

The company had, in a filing on June 13, informed the exchanges about the meeting of its board of directors to consider the buyback program...

Analysts are expecting the buyback size to be at that same level as the one in 2017.

For FY18, TCS returned Rs 26,800 crore in both dividends and the buyback. Share buybacks typically improve earnings per share and return su...

“Eyes are on Infosys as CEO Salil Parekh is expected to discuss his new strategy during an analyst meet.”

“Expecting 2018 to be better than 2017 on IT spend by clients and for verticals like BFSI, manufacturing and retail.”

For Cyient, expect the momentum to continue for next two years

The net profit is significantly higher than our forecast. Need to see how much forex gain impact over here, says Shah.

“It is only HCL Tech which we are expecting to grow upwards of 12%, benefitting from the acquisition of Volvo’s external IT business”

“The Q2 earnings, followed by the US elections, will be monitorable and important things to watch out for”

Urmil Shah of IDBI Capital says that Infosys still remains our top pick which is followed by TCS, Tech Mahindra and then Wipro.

"HCL along with Infy has been our top pick for some time now and we in fact see a target price of 967 which is based on 16 times on FY18 ea...

We would wait for details as to what has been the reasons for the drop in the margins

In absolute short term it would be good to be with the under owned kind of stocks which we think are HCL Tech, Tech Mahindra and Wipro in t...

In FY14 and till mid of FY15, they struggled with winning the large deals which they are picking up right now