Wipro is best placed in terms of resilience (least exposure to stressed verticals), expectations (pessimism built in given highest cuts to FY24E USD revenue growth) and valuation comfort (lowest premium to past 5-year median), the brokerage firm said.
Paul Black’s 3 thumb rules for identifying great wealth creators
Veteran portfolio manager Paul Black’s investment framework focuses on identifying businesses with competitive advantages that strengthen over time. His three key rules emphasise widening moats,