IT Stocks Fall 6% on US Economic Slowdown Fears
Shares of IT giants like L&T Technology Services (LTTS), Persistent Systems, and Mphasis fell 6% on 24th February as concerns over the USA’s slowing economy...
Tag : Persistent Systems
Persistent Systems Shares Trade Flat Amid IT Sector Decline Following Small AI Acquisition
Shares of Persistent Systems Ltd. are trading flat after reaching a day’s high of Rs 5,494.00 on 30th September, following the company’s announcement of a...
Persistent Systems Joins S&P BSE 100, S&P BSE SENSEX Next 50, and MSCI India Amid Impressive Growth
Persistent Systems Ltd, a global leader in Digital Engineering and Enterprise Modernization, has achieved a significant milestone by securing positions in the MSCI India Index,...
Persistent Systems Shares Gain on Strong Quarterly Report
Persistent Systems shares were trading 3% above on 19 October, a day after the company announced its quarterly report for the July-September quarter. The information...
L&T Hit Hard as IT Contagion Puts LTIMindtree, L&T Tech Services in Trouble
Shares of Larsen & Toubro (L&T) tumbled on April 17 as IT sector companies it owns sold off heavily after Infosys, the country’s second-largest IT...
Market Falls 1%, Nifty Dips Below 17,900, Sensex Plunges 773 Points
India’s benchmark index fell more than 1% on January 25, with the Nifty index closing below 17,900, amid a sell-off across sectors, especially power, oil...
Persistent Systems Hits 9-Month High, Up 15% in 3 Days After Q3 Results
Shares of Persistent Systems continued to move north in its third session, surging 5% on the BSE to hit a nine-month high of Rs 4,540...
Persistent Systems Declares Interim Dividend of Rs 28/Share
After the company’s net profit rose 8.2% to Rs 237.95 crore on a 5.9% increase in revenue to Rs 2,169.37 crore in the October-December quarter...
IT Stocks Fall as Credit Suisse Warns of Valuation-Based Correction
Shares of information technology companies came under selling pressure today after Credit Suisse Securities India warned of further valuation revisions. Valuations for major Indian IT...
IndusInd Bank, Havells India, Tracxn Technologies, BEL, Persistent Systems in Focus
IndusInd Bank reported a 57 per cent rise in net profit to Rs 1805 crore on a 15 per cent increase in revenue to Rs...
