Friday, January 17, 2014

Views on Wipro results: Dipen Shah, Head- Private Client Group Research, Kotak Securities

Wipro’s results were almost in line with estimates. The margin increase was the positive surprise.Wipro’s guidance for the 4Q indicates that, it has likely returned on the path of sustainable and consistent growth on the back of its account mining initiatives. Lower utilization levers provide it with an important lever for maintaining and improving margins, going ahead