Buy Wipro, says Phani Sekhar

Buy Wipro, says Phani Sekhar, Fund Manager, Angel Broking.

Sekhar told CNBC-TV18, "Fundamentally the problem with Wipro has been that there has been a large gap in the kind of revenue per client that we actually see between Wipro and its larger peers like Infosys, TCS almost a 40% lower than an Infosys. There is a lot of headroom for Wipro and if this strategy works then you will actually going to see surprises on operating margin front also and industry leading revenue growth although we are expecting 20-22% revenue growth this year.