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Anshul Saigal of Saigal Capital suggests a cautious, small investment in Vodafone Idea, considering the telecom sector's potential price hikes. He also advises tempering expectations for AMC stocks, which have surged this year. Saigal views IPO investments skeptically, highlighting that better entry points often emerge post-listing, and calls recent event-driven market spikes opportunities to sell, not buy.
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News and Media
As Wipro prepares to release its Q2 results on October 17, analysts from Phillip Capital, Axis Securities, Emkay, and Motilal Oswal have mixed projections for the IT giant.Overall revenue growth is expected to remain within the company's guidance range of -1% to +1% in constant currency (CC), with performance across key verticals being closely monitored.Sectors like BFSI and Healthcare are anticipated to drive growth, while Energy and Utilities (E&U) and Communications may drag the results.Here's what different brokerages expect from Wipro's Q2 Results:
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Shares of Ircon International surged by 3.6% following an MoU with Patel Engineering Limited to explore joint infrastructure projects. Retail investors boosted their stake while FIIs reduced theirs. Despite a 17% revenue dip in Q1 FY25, Ircon saw a 19.5% rise in net profit.
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News and Media
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