WNS Holdings share sale removes major overhang, says Citigroup Citigroup believes Warburg Pincus's plans to sell 12.6M shares of WNS Holdings removes a major overhang on the stock. Citi says the Warburg Pincus ownership was one of the bigger risks in the WNS Holdings and reiterates a Buy rating on the stock.
News For WNS From The Last 14 Days
Check below for free stories on WNS the last two weeks.
WNS Holdings: Updated forecast reflects top line growth of 6%-12% WNS continues to expect profitability to expand faster than revenue, with ANI guidance reflecting 12% to 20% year-over-year improvement. Guidance excludes the potential impact from a change in taxability of our Fixed Maturity Plan investments proposed in last week’s India budget. If passed by both houses of Parliament in its current form, the budget proposal would result in WNS incurring incremental taxes of approximately $3M in FY15.