At this rate, the company could soon start reporting negative growth, points out an analyst at a multinational brokerage firm. ALSO READ | Wipro revenue forecast underlines IT industry’s challengesWipro said it is facing growth headwinds in its India and Middle East business because of an ongoing restructuring. And there are no signs of the company bouncing back to industry growth rates anytime soon. ALSO READ | Wipro will be back to industry-matching growth in 3-4 quarters: CEO Abidali NeemuchwalaOne silver lining in the results is that the operating profit margin widened by 50 basis points. In the end analysis, however, unless growth returns to industry-levels soon, the Wipro stock can be expected to continue languishing at below-average valuation multiples.

Source: Mint January 26, 2017 01:58 UTC