Wipro share price: Expert pegs price target at Rs 545, stop-loss at Rs 440
Wipro share price: Kotak Institutional Equities says that Wipro is making good progress in its turnaround journey. Growth from large clients, energizing the organization and large deal wins are a good indicator of progress. Kotak raised FY2022-24E revenue estimates by 2-3%
Kotak forecast organic revenue growth rate of 11.2% with the gap in growth rates with larger peers compressing to 200-400 bps. Wipro share price closed at Rs 469, down Rs 3.75 or 0.8%: Reuters