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Bengaluru: Persistent Systems' revenue in the September quarter rose by 4.4% in constant currency and increased by 4.2% quarter-on-quarter in dollar terms to reach $406 million. Its revenue grew 17.6% year-on-year. Persistent's strong performance drove the share price up by nearly 6% on the BSE on Wednesday.Industry-wise, sales grew quarter-on-quarter by 7% in BFSI, 3.8% in healthcare, and 2.2% in tech and emerging verticals. The company's EBIT margin stood at 16.3%, up 80 basis points sequentia ...Read More >
New Delhi: Traffic in central Delhi will be affected on Thursday as the traffic police has issued an advisory due to the Janmashtami and Tazia processions.According to police, the traffic movement in Paharganj is likely to be affected from 1.30pm in view of the shobha yatra for Janmashtami and the Tazia procession.The Janmashtami procession will start from Mandir Shri Banke Bihari Ji in Paharganj's Sangatrasan Bazar and pass through Desh Bandhu Gupta Road, Chuna Mandi, Main Bazar, Munja Chowk an ...Read More >
Mumbai: The Securities and Exchange Board of India (Sebi) has barred Dewan Housing Finance Corporation Ltd's (DHFL) former chairman Kapil Wadhawan, his brother Dheeraj Wadhawan and four others from accessing the securities market for five years, and imposed a cumulative penalty of ₹120 crore on them for diverting company funds to entities linked to its promoters. The regulator has also prohibited Kapil and Dheeraj Wadhawan from serving as directors or key managerial personnel in any listed comp ...Read More >
Multibagger stock: PC Jeweller share price saw solid gains in morning trade on Monday, December 2, rising 5 per cent to hit its upper circuit of ₹171.50, and inching closer to its record high of ₹186.80, achieved on October 1 this year. PC Jeweller share price opened at ₹167.10 against its previous close of ₹163.35 and jumped 5 per cent to hit its upper circuit of ₹171.50. Around 11:25 am, the stock traded 4.56 per cent higher at ₹170.80 apiece. The stock has attracted strong traction after the ...Read More >
Enviro Infra Engineers stock declined after a stellar debut on NSE and BSE today. The stock listed on the NSE at ₹220, a 49 per cent premium over the IPO price of ₹148. On the BSE, the stock debuted at ₹218, a premium of 47 per cent. Shares of Enviro Infra traded 3.90 per cent lower at ₹211.43 on the NSE as at 10.34 am. On the BSE, the stock was down 3.33 per cent to ₹210.75. IPO details The ₹650.43-crore IPO received an overwhelming response from all categories of investors, with an overall ...Read More >
Stock to buy for medium term: Multibagger stock Jindal Worldwide shares have surged 400% over the last five years, and according to Anand Rathi Share and Stock Brokers, they may still have room to grow. The brokerage recommends buying the textile company's stock for medium-term gains, projecting a potential upside of 19 per cent. Jindal Worldwide recently experienced a sharp correction of nearly 38% after reaching a peak of ₹436 in February 2024. This pullback, however, has brought the sto ...Read More >
SynopsisOn the technical charts, the RSI of the stock stood at 49.49.Shares of Bajaj Holdings & Investment Ltd. traded 1.41 per cent at Rs 10447.00 at 01:30PM (IST) on Tuesday, even as BSE benchmark Sensex 227.01 points to 79882.84. The stock had closed at Rs 10596.80 in the previous session. The stock quoted a 52-week high price of Rs 11348.50 and 52-week low of Rs 7212.00, respectively. As per BSE data, total traded volume on the counter till 01:30PM (IST) stood at 638 shares with a turnover ...Read More >
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