Wipro: Net Cash Equal to 24% of Its Market Cap, Deep Value or a Value Trap?
Wipro is India’s 4th largest IT services company. It is a high-quality company, as is evidenced by its 5yr average ROIC of 19% (27% excluding...
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Tata Consultancy Services: Premium at Excessive Levels, Pricing in Overly Optimistic Relative Growth
Tata Consultancy Services (TCS) is India’s largest IT services company. This bellwether is an extremely high-quality company as is evidenced by its...
474 Views
HCL Technologies: Doubts over Organic Growth, Eroding Returns, Drives Undeserved Discount Rating
HCL Technologies (HCLT) is India’s 3rd largest IT services company. It is a high-quality company, as is evidenced by its 5yr average ROIC of 23%...
442 Views
Sensex Rebalance Preview: Early Look
The S&P BSE Sensex is the flagship index of the Bombay Stock Exchange (BSE). The index has 30 stocks and is a free float weighted market cap...
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