Infosys, Wipro post stellar growth

BENGALURU: Robust demand from enterprise clients for cloud, data analytics and cyber security has resulted in optimism in the IT sector with major players like Infosys and Wipro upping margins and revenue guidance. Infosys has revised its revenue growth guidance for FY21 in the range of 4.5-5 per cent in constant currency terms and operating margin at 24-24.5 per cent, while Wipro has forecast a sequential
hike in revenue in the range of 1.5-3.5 per cent for Q4FY21.

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