BSE Code: | NSE Code: | ISIN: | Sector:
Research Report Detail
|Report Date||Call||Price@Call||Target Price
|Current Status||Time Horizon|
|Target Hit|| Long (1Y)
Citi downgrades Wipro to neutral
Citi says Wipro shares currently trades at 15 times its FY16 estimated earnings, which suggests that there is not much upside left. Its second quarter earnings suggest there is pressure on realisations, adds Citi.