Wipro, one of the leading software exporters, will be announcing its second quarter financial results today, Oct. 21, 2015.
Angel Broking expects the company to post a 1.8% seqential growth to end the period at USD 1.83 billion compared with USD 1.79 billion in 4QFY2015.
Angel Broking said that, ''In rupee terms, the company is expected to post a 3.8% sequential growth of Rs 127.03 billion compared with Rs 122.38 billion in 4QFY2015.'
'On the EBIDTA front, the margins are likely to come in at 21.3% almost same as the last year,'' it added.
Shares of the company declined Rs 5.35, or 0.93%, to settle at Rs 571.95. The total volume of shares traded was 62,740 at the BSE (Tuesday).