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Moneycontrol

Wipro stock rating: Brokerages split after Q1 results; Nomura stays bullish, Jefferies cuts estimates

Wipro will be in focus on Friday after its June-quarter results drew mixed reactions from brokerages. While Nomura retained its 'Buy' rating, citing scope for margin recovery and an attractive dividend yield, Jefferies stayed 'Underperform' warning of weak organic growth.