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Market Fluctuates Ahead Of Interim Budget Fed Meet Q3 Earnings - BW Businessworld

Nifty 50 index dipped 0.99 per cent at 21,522, whereas the Sensex settled 1.11 per cent or 891 points lower at 71,139 levels , , stock market, nifty, sensex, national stock exchange, tata motors, bajaj finance, grasim industries, zee entertainment, retail investors, Intraday
India General Prashanth Tapse Bajaj Finserv Hindustan Petroleum Bharat Petroleum Grasim Industries

Sustained deal momentum, rising utilisation to support Persistent's performance

The company’s revenue increased by 3% sequentially in the December quarter to $300.6 million, one of the highest growth rates among peers. In rupee terms, it rose by 3.6% to Rs 24,982.2 crore while net profit grew by 8.7% to Rs 2,861.3 crore.
Persistent Systems Persistent Systems Stock Update Persistent Systems Shares Persistent Systems Q3 Revenue Growth Persistent Systems Q3 Ebit Margin

IT midcap firms find a seat at larger deal tables in slump

IT midcap companies such as LTIMindtree and Persistent Systems said they are increasingly getting an opportunity to bid for bigger deals due to their strong execution. This was only open to large caps in the past. Experts said that while sectors like BFSI and hitech are down currently, there is good demand from healthcare and life sciences, manufacturing, and ER&D where the mid-tier companies have a good play.
Andhra Pradesh Debashis Chatterjee Sandeep Kalra Pareekh Jain Motilal Oswal Technology Leadership

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