Personal Opinion If you want better stock at a good price, then you have to dare to buy at the worst time.
1. Stock is nearly 40% down from its high. 2. There is fear of a global slowdown. 3. Favorable risk-reward ratio.
ABOUT Wipro Ltd is a global Information technology, consulting, and business process services (BPS) company. It is 7th ranked in the world, and 4th largest Indian player in the global IT services industry behind TCS, Infosys, and HCL Technologies.
KEY POINTS IT Services Segment (~97% of revenues) The company's IT services offerings are organized through two global business lines:- a. iDEAS - It includes the service lines domain and consulting applications and data engineering, R&D, and Wipro Digital. b. iCORE - It includes the service lines cloud and infrastructure services (CIS), digital operations and platform (DO&P), and Cybersecurity and risk services (CRS).
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