How Indian Buyback Offers Work - The Wipro Example
Wipro is conducting another buyback - fourth in five years - this time for $1.3bn or 4.16% of shares out. Small arb opportunities (especially for...
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Sensex Index Rebalance Preview: Early Look Sees One Change, Maybe Two
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...
861 Views
Happiest Minds Pre-IPO - Decent Growth, Reputed Founder but Less than Reassuring Metrics
Happiest Minds Technologies (HAPPY IN) (HM) is an information technology services company providing end-to-end solutions in the digital space. Its...
572 Views
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...
527 Views
Wipro (WIT) - Soaring ADR Premium Should Come Back to Earth
Over the last couple of months, the premium on Wipro Ltd Adr (WIT US) has soared from around 7% to reach a high of 31% and is trading at just over...
693 Views