Restructuring in Wipro is key thing to watch: Ajay Parmar, Emkay Global Financial Services
Comparing Wipro with TCS or Infosys in terms of guidance, Wipro is always muted. On the whole oraganisation l change in Wipro will be the key thing to watch.
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| Updated: Ajay Parmar, Head - Institutional Research, Emkay Global Financial Services, in an interview with ET Now, gives his outlook on Wipro.
Do you think there will be a reaction on the guidance provided for Q1 from Wipro?
From the Wipro’s perspective, there is not great expectation of very strong guidance, so there will not be any big disappointment. There could be a flat or negative growth. To some extent it is muted and conservative. I will look at how the company is going to talk about its restructuring plans. How they see their clients' budgeting happening and how the attrition rates and productivity improving. Comparing Wipro with TCS or Infosys in terms of guidance, Wipro is always muted. On the whole oraganisation l change in Wipro will be the key thing to watch.
Do you think there will be a reaction on the guidance provided for Q1 from Wipro?
From the Wipro’s perspective, there is not great expectation of very strong guidance, so there will not be any big disappointment. There could be a flat or negative growth. To some extent it is muted and conservative. I will look at how the company is going to talk about its restructuring plans. How they see their clients' budgeting happening and how the attrition rates and productivity improving. Comparing Wipro with TCS or Infosys in terms of guidance, Wipro is always muted. On the whole oraganisation l change in Wipro will be the key thing to watch.
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