Wipro shares gain nearly 2% after Sep qtr results

Shares of Wipro today ended nearly 2 per cent higher after the company reported a 5.8 per cent rise in net profit for three months to September.
The stock gained 1.92 per cent to end at Rs 295.05 on BSE. During the day, it moved up 3.16 per cent to Rs 298.65.
At NSE, shares of the company gained 1.69 per cent to close at Rs 294.75.
In terms of equity volume, 4.54 lakh shares of the company were traded on BSE and over 54 lakh shares changed hands at NSE during the day.
Wipro Ltd, India's third largest software firm, yesterday reported a 5.8 per cent rise in net profit for three months to September but gave a muted guidance for the third quarter earnings.

Its consolidated net profit (attributable to equity shareholders) in July-September at Rs 2,191.8 crore, or Rs 4.52 per share, was higher than Rs 2,070.4 crore, or Rs 4.28 a share, in the same period a year before, the company said in a statement.

On a sequential basis, the profit was up 5.5 per cent, according to Indian Accounting Standards.
Its total income fell by about 1.9 per cent to Rs 14,134.8 crore and the company said the healthcare segment "continues to be volatile".
IT services revenue in dollar terms grew by 2.1 per cent quarter-on-quarter to USD 2.013 billion in July-September, while constant currency sequential growth was 0.3 per cent.