Aniruddha Mehta positive on Wipro

Aniruddha Mehta, Research Analyst of IIFL India Pvt Client is positive on Wipro.

Mehta told CNBC-TV18, "I would still wait for Wipro because large part of the growth that we have seen in Infosys is largely because of the strong growth of the deal-wins on the transformational side that is consulting system integration as well as the products. We cannot draw a like-to-like comparison with Wipro."
He further added, "We continue to be positive on Wipro on its improving performance and we expect the differential between the leader and Wipro in terms of growth of revenues as well as the valuation to narrow down gradually. So it is one of our top picks right now."