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Nomura has a “buy” rating on Wipro with a target price of Rs 280 per share.

It said:

Q2FY26 Was A Beat On Most Parameters

Deal Wins Remain Strong

Co Aims To Maintain EBIT Margin Within A Tight Band Despite Headwinds

Co’s FY27 Dividend Yield Is 4%, Stock Is Currently Trading At 19.8x FY27 EPS

Jefferies On Infosys

Buy Call, Target Price At Rs 1,700/Sh

Q2 Performance Was In-line With 2.2% QoQ CC Revenue Growth & $3.1 Bn In Large Deal Wins

Co Raised The Lower End Of FY26 Growth Guidance By 100 Bps To 2-3% YoY CC

Co Raising the Lower End Of FY26 Growth Guidance Signals A Soft H2FY26 Despite Strong Deal Wins

Expect 6% EPS CAGR Over FY26-28

Brokerage firm Investec has initiated coverage on Nifty 50 heavyweight Reliance Industries Ltd. with a “buy” recommendation on Friday, October 17, the day the company reports its results for its September quarter after market hours.

Investec has a price target of ₹1,890 on the stock, which indicates a potential upside of 30% from Thursday’s closing levels. It also called Reliance Industries one of India’s most attractive large-cap risk-reward opportunities.

here

Brokerage firm Investec has initiated coverage on Nifty 50 heavyweight Reliance Industries Ltd. with a “buy” recommendation on Friday, October 17, the day the company reports its results for its September quarter after market hours.

Investec has a price target of ₹1,890 on the stock, which indicates a potential upside of 30% from Thursday’s closing levels. It also called Reliance Industries one of India’s most attractive large-cap risk-reward opportunities.

here

Brokerage firm Investec has initiated coverage on Nifty 50 heavyweight Reliance Industries Ltd. with a “buy” recommendation on Friday, October 17, the day the company reports its results for its September quarter after market hours.

Investec has a price target of ₹1,890 on the stock, which indicates a potential upside of 30% from Thursday’s closing levels. It also called Reliance Industries one of India’s most attractive large-cap risk-reward opportunities.

here

The company reported a 41% year-on-year surge in revenue to ₹981.4 crore for Q2FY26, driven by growth in lending, asset management, and payments. Net profit stood at ₹695 crore, nearly flat YoY, while operational income rose fivefold to ₹317 crore, surpassing treasury gains for the first time.

The IT services firm reported revenue of ₹22,641 crore for the September 2025 quarter, a 2.5% sequential rise but slightly below estimates. IT EBIT grew 6% QoQ to ₹3,783 crore, with margins improving to 16.7%. Net income stood at ₹3,250 crore, down 2.5% sequentially but up 1.2% year-on-year. For Q3 FY26, Wipro expects IT services revenue between $2,591 million and $2,644 million, implying -0.5% to +1.5% sequential growth in constant currency, excluding contributions from its recent Harman Digital Transformation Solutions acquisition.

The IT major reported 2.2% sequential constant currency revenue growth in Q2FY26, beating estimates. The company raised its full-year revenue growth guidance to 2–3% while maintaining EBIT margin guidance at 20–22%. It also declared a ₹23 per share dividend, with October 27, 2025, as the record date.

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