- Posted by team
- On October 16, 2014
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A: We like the fact that there is tightening of execution under the new CEO and there is also a possibility of capturing low hanging fruits that can help the growth rates of Wipro in 2017. However, sustainable growth and convergence of growth rate with the industry is something which will take a lot more time for Wipro and it needs a lot of aspects to fall in place to reach that level. That is something which we are not very comfortable with and as a result we have a reduced rating on the stock..
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