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Wipro QoQ Revenue growth can rise by 3%.

IT index tumbled over 3 per cent dragged by Tata Consultancy Services (TCS), Mindtree, Coforge, Infosys and Tech Mahindra which are down 3-6 per cent each on the 13 March. Still, many experts believe that the IT sector will gain momentum in the coming sessions. The same goes for Wipro which is likely to report healthy growth in topline driven by volumes and ramp-up in deals, however, margin performance may get dented by wage hikes for the quarter ended March 2021.
According to brokerages expected revenue growth in the constant currency could be around 3 per cent and the same in dollar terms may be around 3.5 per cent for the quarter. In today’s session, Wipro share price gained more than 2 per cent intraday.

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