Page 2 - Zensar Tech News Today

Persistent Systems has not seen any major ramp-downs in the past couple of quarters, reflecting stable TCV to revenue leakage, it while noting that the improvement is not material.

Delhivery’s Q2 performance in surface express was robust. Regaining lost wallet share during Spoton’s integration along with yield improvement in the PTL business underpins the management’s focus on improving profitability, analysts said.

SBI Card, Axis Bank (lower capital), state-owned banks, ABFRL, RBL Bank Ltd, and Kotak Mahindra Bank Ltd are seen losing growth or have low capital.

Stocks to watch out for today: TVS Motor, Delhivery, JSW Infrastructure, SJVN, DCX Systems, Axis Bank and more

AGS Transact Technologies shares ended 3.88% higher at Rs 78.46 in the previous session on BSE. Market cap of AGS Transact Technologies stood at Rs 952.53 crore.

Fedbank Financial Services is a subsidiary of The Federal Bank Ltd, which provides gold loans, home Loans, loan against property and business loan services.

Delhivery slipped below Rs 400-mark at Rs 398.50, down 3.63 per cent, before recovering some group. The scrip later traded 2.78 per cent lower at Rs 402.35.

IDBI Bank: The Government held 45 per cent stake in IDBI Bank. LIC, on the other hand, owned 49.24 per cent stake in the bank. The two have jointly decided to sell 60.7 per cent stake in the lender.

Tata Technologies, whose issue would kick off on Wednesday, November 22, is a subsidiary of Tata Motors. Tata Investment Corporation is a promoter group entity in Tata Motors.

The NSE Nifty 50 index settled 0.46% higher at 19,765, while the S&P BSE Sensex rose 0.47% to 65,982, notching their highest closes since October 17.