33% of analysts tracking Wipro maintain their ‘sell’ rating on Q4 results; check new targets

Wipro reported a muted performance, with Q4 constant currency (CC) revenue growth coming in at 0.2% QoQ, below estimates of 0.4-0.5%. Adjusting for the contribution from the Harman DTS acquisition, which UBS estimates added about 1.5% to revenue, the company’s organic growth remained negative.

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