Archive · 19 Jun 2025
CLSA: Infosys, Wipro Shares Could Rebound Based on Events
CLSA, a brokerage firm, thinks shares of Infosys and Wipro, two tech companies, could go up soon.
This is because of upcoming financial reports.
Infosys might go up if it announces it's finished buying two other companies.
Wipro could rise if it plans to buy back its own shares.
CLSA likes the India IT sector overall, expecting more business in the future.
They believe both stocks have the potential to increase in value, and recommend buying.
CLSA expects Infosys and Wipro shares to rebound based on upcoming earnings reports.
Infosys could see a boost if it announces the closing of two acquisitions.
Wipro's shares might rebound if it announces a buyback of equity shares.
CLSA maintains a positive outlook on the India IT sector due to strong order bookings.
CLSA has 'outperform' ratings on Infosys and Wipro with specific price targets.
- Who
- CLSA, Infosys, Wipro.
- What
- CLSA expects a rebound in Infosys and Wipro shares.
- When
- During their upcoming quarterly earnings reports.
- Where
- India.
- Why
- Due to potential announcements related to acquisitions and share buybacks, along with positive sector outlook.
Analyst Ratings on Infosys
Analyst Ratings on Wipro
Analyst Sentiment
Analyst Ratings on Infosys
Majority of analysts have a "buy" rating.
Analyst Ratings on Wipro
A smaller number of analysts have a "hold" or "sell" rating.
- Brokerage Firm
- CLSA
- Companies Mentioned
- Infosys, Wipro
- Infosys Rating
- "Outperform"
- Wipro Rating
- "Outperform"
- Infosys Price Target
- ₹1,861
- Wipro Price Target
- ₹300
- Infosys Buy Rating
- 35 out of 49 analysts
- Wipro Sell Rating
- 21 out of 46 analysts