Wipro shares rise 4% as market awaits Q3 results and brokerage forecasts.
**Wipro Q3 Expectations**
Shares of **Wipro** showed upward movement in anticipation of its **Q3 results**, scheduled for release later today.
The market sentiment reflects expectations of **muted revenue growth** and continued **margin pressure**. Brokerages project **flat to modest revenue improvement**, primarily supported by the **Harman acquisition**.
However, profitability is expected to be negatively impacted by **integration costs** related to the acquisition and the effects of **furloughs**.
Key areas of focus for investors will be the company's updated **guidance**, the momentum behind **new deal wins**, and the detailed **margin outlook**. The Street will closely analyze these factors for insight into Wipro's near-term performance.