Sudarshan Sukhani of s2analytics.com told CNBC-TV18, “It is never easy to say an acquisition price will come about because the markets don't care about those numbers. IT is probably a buying opportunity, so if you already hold Wipro there is no sense in getting out of it. Just keep on holding it."
He further added, "However the pecking order was Tata Consultancy Services (TCS), Infosys, HCL Technologies and Wipro. So among the four Wipro comes last. Just keep a slightly longer term time horizon, wait for one-two years and even this stock will give you decent rewards.”
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