Wipro on fast track with strong organic growth momentum

ET Intelligence Group: Wipro posted better than expected topline performance for the June quarter aided by strong momentum across key verticals. The country’s fourth-largest software exporter also added the highest number of employees in a quarter in at least the past 13 years. This and an upbeat forecast of 5-7 per cent sequential revenue growth for the next quarter reflect sustained business traction, which is likely to support the stock