Don’t See High Growth For Wipro In Next Few Quarters: Aniket Pande
  • WebDesk BTVI
  • Jul 18 2019

Commenting on the first quarter earnings of IT major Wipro, Aniket Pande, analyst at Prabhudas Lilladher, said digital revenue for Wipro was 5.5 per cent QoQ due to softness in core business. He does not expect high growth for Wipro in the next few quarters. Wipro has guided for low revenue growth in the second quarter, which according to Pande indicates large orders are not getting converted. He gave a ‘reduce’ rating on Wipro, with target price at Rs 238.