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persistent systems

stock picks: 3 sectors Vinay Rajani is bullish on for near term

by Mark McDuffie
stock picks: 3 sectors Vinay Rajani is bullish on for near term

“And as you said that there has been a good sector rotation in the market and there are many stocks in the largecap segment also which are looking very good …

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These 12 midcap stocks hit fresh 52-week highs; rallied up to 27% in a month – On A Roll!

by Mark McDuffie
These 12 midcap stocks hit fresh 52-week highs; rallied up to 27% in a month – On A Roll!

Indian Railway Finance Corporation Share Price 167.02 04:00 PM | 12 Sep 2024 1.15(0.69%) One97 Communications Share Price 666.0 04:01 PM | 12 Sep 2024 -0.5(-0.08%) YES Bank Share Price …

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Persistent growth momentum to continue as JM Financial sees 13% upside potential

by Mark McDuffie
Persistent growth momentum to continue as JM Financial sees 13% upside potential

Investors have only little doubt on Persistent System’s (PSYS) growth momentum, a sentiment which is also echoed by domestic brokerage firm JM Financial as they have a target price of …

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Nifty IT index rallies over 8% in last seven sessions. Analysts maintain bullish outlook

by Mark McDuffie
Nifty IT index rallies over 8% in last seven sessions. Analysts maintain bullish outlook

Having outperformed the broader Nifty 50 index in the last one year, the Nifty IT index rallied 8.5% in the last 7 consecutive sessions to reach its new peak at …

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IT stocks rally up to 4% as an early indicator of Q1 earnings just gave green signals

by Mark McDuffie
IT stocks rally up to 4% as an early indicator of Q1 earnings just gave green signals

Shares of India’s software services exporters on Friday rallied up to 4% during the day as quarterly results of global peer Accenture had a few positive elements such as strong …

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Persistent Systems: Our aspiration is to make Persistent a $2 billion plus company in next three years: CEO

by Mark McDuffie
Persistent Systems: Our aspiration is to make Persistent a  billion plus company in next three years: CEO

Sandeep Kalra, CEO, Persistent Systems, says “as we go ahead, as the market conditions stabilise, that will give us the opportunity to have the leverage of all the investments we …

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FIIs raise bet on TCS, Infosys, 4 other IT stocks in Q4. Time for a U-turn?

by Mark McDuffie
FIIs raise bet on TCS, Infosys, 4 other IT stocks in Q4. Time for a U-turn?

Hoping to see a turnaround of fortunes in FY25, foreign institutional investors (FIIs) raised stakes in TCS, Infosys, HCL Tech, Wipro, Coforge and Persistent Systems in the March quarter. But …

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q4 earnings: Q4 results this week: RIL, ICICI Bank, HCL Tech, among 166 companies that’ll announce earnings

by Mark McDuffie
q4 earnings: Q4 results this week: RIL, ICICI Bank, HCL Tech, among 166 companies that’ll announce earnings

With Wipro and Infosys’ results out this week, the fourth quarter earnings season will now pick up pace as the upcoming week will witness the results for Axis Bank, ICICI …

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it stocks fall: CLSA downgrade of TCS, HCL Tech sparks selloff in IT stocks

by Mark McDuffie
it stocks fall: CLSA downgrade of TCS, HCL Tech sparks selloff in IT stocks

CLSA’s downgrade of Indian IT bellwether Tata Consultancy Services (TCS) and HCL Technologies did not go down well with the investors, triggering a selling spree in most IT stocks. Both …

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infosys shares: Hot Stocks: UBS upgrades Infosys & downgrades Wipro; JPMorgan upgrades TCS

by Mark McDuffie
infosys shares: Hot Stocks: UBS upgrades Infosys & downgrades Wipro; JPMorgan upgrades TCS

Brokerage firm UBS upgraded Infosys and downgraded Wipro ahead of the December quarter results. JPMorgan upgraded TCS, Infosys as well as HCL Technologies. JPMorgan upgraded Tata Motors to overweight.We have …

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