Wipro delivered lower-than-expected revenue performance for Q1FY2020. However, adjusted EBIT IT margin remained a tad ahead of our estimates. Soft growth was due to weakness in the BFSI, consumer, healthcare and manufacturing verticals. BFSI growth was impacted by weakness in European Banking and overall capital market. However, management expects the healthcare vertical and engineering practices to bounce back during 2HFY2020E. Digital business reported strong growth during the quarter, contributing 37.4% to total revenue. Management has guided for...