InvestorQ : what is the view on Wipro....?
Kumar N KristeR made post

what is the view on Wipro....?

Swati Naik answered.
3 years ago
Wipro looks weak from an investment point of view as the company has underperformed the IT sector in terms of revenue growth over the past 3 years on the back of subdued environment in energy & utilities vertical (falling crude prices). Although Wipro has built several capabilities in digital, the traditional segment still continues to underperform due to client-specific issues in energy and utilities. Technically, you should consider the stock once it gives a close above 338 (resistance) or near 310 (200 day EMA support levels).