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Research Report Detail
|Report Date||Call||Price@Call||Target Price
|Current Status||Time Horizon|
UBS maintains sell on Wipro
UBS has maintained its 'sell' call on Wipro for target of Rs 520/share. It says that Wipro has picked up pace of M&A and it views increased pace of M&A as sign of growth maturity.It adds that Infosys has also stated aggressive M&A intent and the company will end up paying higher in aggressive M&A environment.