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PERSISTENT SYSTEMS QIP
Stocks in news: Reliance Industries, Eternal, Alkem Labs, BEL, HPCL, Swiggy and GMDCIndian markets witnessed a downturn on Wednesday, prompted by significant selling in banking stocks. After showing initial promise, the Nif...
Persistent Systems launches Rs 4,265-cr QIP; floor price set at Rs 5,550/sharePersistent Systems has opened a qualified institutional placement to raise up to USD 450 million, or about Rs 4,265 crore. The IT company h...
Stocks in news: Reliance Industries, Jio Financial, Tata Tech, HDB Financial and WiproIndian equity benchmarks ended lower after a volatile session influenced by strong wholesale inflation and elevated crude oil prices. The N...
Slice’s big valuation cut; Betting networks under lensSlice Small Finance Bank has raised fresh funding at less than half its previous valuation. This and more in today's ETtech Top 5.
Persistent Systems shares fall over 3% as board gives nod for $1.25 billion fundraise. Check detailsPersistent Systems approved plans to raise up to $1.25 billion through debt and up to $450 million via equity-linked instruments, subject t...
Cash-rich IT firms turn to debt for acquisitions, buybacksIndian technology firms are increasingly leveraging borrowed funds for acquisitions and share buybacks to elevate revenues and align with i...
Persistent's Nagarro deal faces near-term doubts, but long-term story stays strong: Piyush PandeyPersistent Systems' acquisition of Nagarro triggered an 11% stock drop, with investors worried about integration and margins. However, mark...
Stocks in news: Waaree Energies, Kotak Bank, HDFC Bank, Strides Pharma, Persistent SystemsIndian markets showed volatility, ending nearly flat despite positive signals. Analysts note Nifty faces resistance from key moving average...
ICICI Bank, SBI among top picks as banking sector prepares for earnings rebound; Motilal Oswal sees 12-15% upsideIndia’s banking sector is adapting to a low interest rate regime, with temporary NIM compression but improving liquidity, falling deposit c...
Zomato, RIL, and BSE among stocks that mutual funds bought and sold in NovemberHere are the large, mid, and smallcap stocks that mutual funds bought and sold in November, according to the Mutual Fund Insights report by...
Nifty IT index hits fresh record high; Infosys, LTIMindtree, Tech Mahindra lead the gainsThe Nifty IT index hit a record high on Tuesday, rising 1.4% to 44,240, with all 10 constituents in the positive. Infosys led with a 2.4% i...
Persistent Systems shares tumble 7% after Q1 results disappoint investorsPersistent Systems shares fell 7% after reporting a 2.8% profit decline in Q1FY25, despite a 34% YoY PAT rise. Revenue grew 18% YoY. Orders...
Suzlon Energy shares jump 5%, hit 52-week high on inclusion in MSCI India IndexSuzlon Energy was among the nine stocks that will be added to the index as a part of the rejig which comes into effect from November 30.
Stocks in the news: Vodafone Idea, ICICI Bank, Titan, Motherson Sumi, IndiGo, IPCA Labs and BoBThe second largest private sector lender ICICI Bank set the floor price at Rs 351.36 per share for its proposed share sale to raise up to R...
Airtel & RIL top telecom picks but Vodafone can emerge as a dark horse: Hemang Jani‘Expect HUL, Marico & Britannia to report much better growth in 6-12 months’
Zensar, Persistent Can Do Better than Tata ElxsiSell Ashok Leyland around Rs 135, which is around 17 times FY19 expected earnings.
Fifteen stocks in focus in Monday's tradeIndian markets are expected to trade in a range. Here is a list of fifteen stocks which are likely to remain in focus today.
Markets take a sudden hit as Greece debt proposal falters, Nifty below 8,400Sensex pared gains after rallying as much as 72 points in trade on Wednesday, weighed down by losses in ITC, ICICI Bank, RIL, SBI and Axis ...
Top eight stocks in focus in Thursday morning tradeMarkets opened in green led by supportive cues from global peers. Trade may turn rangebound and traders may continue to book profits in cyc...
May look at easing home & auto loans in few days: Arundhati Bhattacharya, SBI"We will look at home and auto loan products. If there is a direction, it would be downwards and not upwards."