Page 8 - Persistent Systems News Today

Tata Consultancy Services and Infosys are slated to announce their March quarter results on April 12 and 18, respectively

Persistent Systems accelerates AI innovation with Google Cloud, unveiling cloud-powered generative AI solutions. Discover more on April 10.

Valuations of the Persistent Systems stocks are stretched. The shares trade at FY25 price-to-earnings multiple of 43 times.

Based on the OI percentage, 77 stocks saw long unwinding, which included Hindustan Copper, Oberoi Realty, HCL Technologies, Ramco Cement, and Apollo Tyres.

BSE was the top gainer in the Nifty500 index, soaring 521 percent, followed by IRFC and Suzlon Energy, which skyrocketed 462 percent and 444 percent, respectively.

For the March F&O series and for a month, the Nifty50 index gained 1.6 percent, while in the FY24 the index surged by 28.6 percent

The equity market closed in the green on Friday. Sensex ended 191 pts points higher at 72,831 and Nifty gained 85 pts to 22,096. Heres a look at stocks that are likely to remain in news next week.

When the stock prices move up and open interest on the counter also moves upward, it is taken as a sign of a long buildup. The signal is considered more reliable if the volume on the counter has also seen an increase.

Emkay Global Financial recommended reduce rating on Persistent Systems with a target price of Rs 7850 in its research report dated March 11, 2024.

     business reporter  the association for industrial development (aid) held a bilateral business meeting with the consulate general of canada represented by elaine d’souza, trade commissioner in the city on febru