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Outlook stable; see better pricing, realisations: Wipro (1) 19-Jul-08 20:41

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Posted by: MMB Messenger on ( 19-Jul-08 20:41 )
Price : BSE: Rs 365.55 ( -3.75 % ), NSE: Rs. 366.25 ( -3.67 % )
Wipro management said that their forex hedge is at USD 3.1 billion on gross basis as on June 30. There has been a positive impact of forex on operating margin by 0.1% in Q1, the management added. The company has recognised MTM loss of Rs 934 crore as on June 30.

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