MUMBAI Jan 17 India's HCL Technologies Ltd
shares rose as much as 7 percent to a 12-year high on
Thursday after its October-December earnings beat estimates,
while Wipro Ltd gained as much as 3.5 percent ahead of
its quarterly results on Friday.
HCL Technologies Ltd shares were up 6.4 percent as of 0446
GMT after earlier hitting its highest intraday level since
February 2000. India's fourth-largest software services provider
on Thursday beat estimates with a 68.4 percent jump in quarterly
Wipro Ltd, which is due to report earnings on Friday, was up
3.4 percent. Earlier in the day, UBS upgraded Wipro to "buy"
from "sell", saying revenue momentum will start picking up from
the October-December quarter.
(Reporting by Abhishek Vishnoi; Editing by Rafael Nam)