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Wipro Q3 Profit rises 21% on higher volumes, steady margins and its India's third software services company Wipro said on Wednesday that the macro environment had stabilized resulting in a broad-based sequential growth for the company for the third quarter of 2009-10 fiscal.

They have maintained margins despite a decrease in our rate realisation and a strong appreciation of the rupee. Our order booking has been good and the banking sector has bounced back strongly.