5 Best Indian Stocks to Buy Right Now

3. WNS (Holdings) Limited (NYSE:WNS)

Number of Hedge Fund Holders: 21

WNS (Holdings) Limited (NYSE:WNS) is a business process management company, based in Mumbai, India. At the end of the third quarter, 21 hedge funds tracked by Insider Monkey held stakes in the company, with a value of $220.7 million. In the previous quarter, 20 hedge funds had positions in WNS (Holdings) Limited (NYSE:WNS), highlighting a positive hedge fund sentiment in Q3.

On October 28, WNS (Holdings) Limited (NYSE:WNS) announced its fiscal Q2 results and posted an EPS of $0.86, beating the consensus by $0.10. The company’s revenue for the quarter also saw an 18.7% year-over-year growth at $254.4 million. Due to the strong Q2 results, recently, Barrington raised its price target on WNS (Holdings) Limited (NYSE:WNS) to $104, while keeping an Outperform rating on the shares.

Diamond Hill Capital was the largest shareholder of WNS (Holdings) Limited (NYSE:WNS) in Q3, owning over 1 million shares. In 2021, the stock gained 25.9%.