5 Best Indian Stocks to Buy Right Now

4. Wipro Limited (NYSE:WIT)

Number of Hedge Fund Holders: 15

An Indian information technology company, Wipro Limited (NYSE:WIT) recently inked a multi-year strategic partnership with National Grid, a London-based electric and gas utility provider. Through this deal, Wipro Limited (NYSE:WIT) aims to accelerate its digital innovation journey.

In its Q2 earnings, Wipro Limited (NYSE:WIT) reported revenue of $2.65 billion, up 30% from the prior-year quarter. On October 14, Morgan Stanley upgraded the stock to an Equal Weight rating, with a $9.50 price target.

AQR Capital Management was the leading shareholder of Wipro Limited (NYSE:WIT) in Q3, holding a $74.5 million worth of stake. Overall, 15 hedge funds tracked by Insider Monkey were bullish on the company in Q3, up from 14 in the previous quarter. The total value of these stakes is over $183 million.