📰 Persistent Systems News
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October 26, 2023
India VIX was up by 3.78% from 10.90 to 11.31 levels in the previous trading session. Volatility spiked to 12.17 zones during the day and paved the way for the bears to take over the market.
October 26, 2023
An analysis for the month of November indicated that the Nifty had closed in the green on five occasions with an average return of 1.2 per cent in the last 10 years, JM Financial Institutional Securities said in a report.The Nifty Mid-cap ...
October 25, 2023
Persistent’s revenue grew by 3.2% in constant currency (cc) and by 3.1% in reported terms to $ 2,917.1 million from the previous quarter. Analysts had anticipated a 2.9% increase in cc terms. In rupee terms, revenue rose by 3.9% sequentially to Rs 2,411.7 crore. Net profit fell by 0.7% to Rs 263.2 crore adjusting for the one-time expenditure incurred in the prior quarter. Higher costs put pressure on profit and profitability.
October 24, 2023
With the Nifty slipping below the crucial support of 19,300 and weak market breadth, the bears seem firmly in control. If the slide doesnt stem, the Nifty can slip to 19,000 and then the 200-day EMA of 18,825
October 21, 2023
Sharekhan is bullish on Persistent Systems has recommended buy rating on the stock with a target price of Rs 6750 in its research report dated October 19, 2023.
October 20, 2023
Persistent Systems Q2 FY24 results: Revenue increased by 17.72% YoY & profit increased by 19.66% YoY
October 20, 2023
Stocks that were in focus included names like Persistent Systems, which rose 2.26%, Dabur, which gained 1.22%, and LTIMindtree, whose shares jumped 6% on Thursday.
October 20, 2023
Several midcap stocks in the Indian market showcased significant movements by surpassing their 20-day SMA, indicating potential changes in their stock trends.
October 20, 2023
Top Gainers and Losers Today : The Sensex lost 231.62 points, or -0.35, to settle at 65629.24, while the Nifty lost 82.05 points, or -0.42, to close at 19624.7.
October 19, 2023
BENGALURU : Indian IT services company Coforge on Thursday reported a 16.2 per cent jump in second-quarter revenue and reiterated its revenue growth forecast for fiscal year 2024, aided by new deal wins amid a challenging macroeconomic environment.Consolidated revenue from operations rose to 22.76 billion