Wipro Technologies, India’s third largest software exporting company in terms of revenues, will announce its Q2 2010 results on Oct 27 th 2009. After the good results of Infosys and the many large deals signed by Wipro in the last quarter, we are expecting an impressive results from Wipro Technologies too in this quarter.

Check expected Wipro Q2 2010 results:-

Revenues :Rs 6,600 crores
PAT : Rs 1050 crores.
Y-o-Y Growth of PAT : 7%

Wipro stock has also fell considerably in the last few days. So it looks attractive to buy the stock for now and hold it for short term gains. Now Wipro is trading at 561 levels with a gain of 2% from its previous close. Meanwhile Indian share markets are facing a crucial resistance around 5000 levels in nifty. So this needs to be crossed to make gains in the coming days.Keep checking the space for Wipro Q2 2010 results on Oct 27th 2010.

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