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Persistent Sys

about 18 years ago

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Persistent Sys

about 19 years ago

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Persistent Sys

about 17 years ago

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Persistent Systems at new low

about 8 years ago

Persistent Systems has hit a new 52-week low today at Rs.550.95, going down almost 17% and it continues to remain very firmly in the red.

Persistent Systems at new high

about 5 years ago

The stock, which had closed yesterday at Rs.4509.15, opened higher today at Rs.4535 and went on to hit a new high at Rs.4703 and remains strongly in the green

Circuit Sys

about 19 years ago

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Persistent Systems zooms high

about 12 years ago

Persistent Systems has hit a new 52-week high today at Rs.1400 with volumes rising over one time. It has since then come off the high levels but trades around 2% higher at Rs.1362 levels. The stock hit a new high after the company announced through a Press Release that it will be ...

Persistent loses, persistently

about 11 years ago

Persistent Systems is currently the top loser on the BSE, down over 10% at Rs.647. Volumes are huge at 73,000 shares traded today alone compared to two-week average of 7421 shares. The stock is down after it once again issued a muted outlook for Q1FY16. The company issued a Press Release yes ...

Persistent Systems awaits eve meet

about 11 years ago

Persistent Systems is currently the top gainer on the bourses, up over 10% at Rs.738 with an intra day high at Rs.796.75, up 19% - the highest intra day gain since Dec’14. Volumes have jumped up almost 6.5 times. The company is scheduled to hold an investor/analyst call today evening t ...

Persistent Systems up over 10%

about 7 years ago

The stock opened higher by 4% at Rs.484.80 and went on to hit an intraday high at Rs.513.95, a jump of over 10%.

Persistent Systems falls 5%

about 5 years ago

The stock dropped 5% to an intraday low today at Rs.3989.45 but recouped from these levels and is now trading at Rs.4064.

Persistent up 5.5%

about 5 years ago

Following these earnings, the stock opened 4.5% higher at Rs.4268 and went on to hit an intraday high at Rs.4296.

Persistent at new high

about 2 years ago

The stock price reacted to this news, which from a close of Rs.4595.90 rose and went on to hit a new 52-week high at Rs.4757.25.

INVESTING IN CHINESE STOCKS? BEWARE!

about 11 years ago

The Chinese markets have never been so turbulent. The persistent free fall of the markets there, despite the Government interventions has truly spooked the world. A full-blown crash in Chinese stock markets, where 85% of the traders are retail investors, could bring down the world's second largest economy. Commodity prices have also slumped to previous lows.

Elder Pharma rises, again

about 13 years ago

Elder Pharma is back in the news and the news remains the same despite persistent denials issued by the company. The stock is in the limelight on news that it is very close to selling its Indian formulation business at US$400-450 million and grapevine has it that the arm of Sanofi is touted to be ...

Tata Steel up on land sale

about 13 years ago

Tata Steel is buzzing today; not a loud persistent buzz but slow, consistent buzz. The stock is up 2% at Rs.370, with an intra day high at Rs.371.30. The stock is up today on news that the company has sold its 25-acre land in Borivali, a suburb of Mumbai to the highest bidder, at Rs.1155 cro ...

Rcom hits a new 52-week low

about 11 years ago

Reliance Communication (Rcom) hit a new 52-week low at Rs.48.75 and it remains in the red. The stock hit this low after international rating agency Moody’s cut the rating of the company from ‘stable’ to ‘negative’. It has cited persistent delays in the company&r ...

Gayatri Projects at four-year low

about 7 years ago

Yesterday and today, Gayatri Projects has been on the persistent low. Yesterday, it hit a new 52-week low at Rs.69.40 and today too, it hit a new low at Rs.62.50 - a four-year low.

IT stocks get hit

about 8 months ago

Losers were led by Persistent Systems and LTIMindtree, while Infosys, Tata Consultancy Services and Wipro also traded materially lower; by around 10 am, the decline was still broad-based even as the headline Nifty was relatively steady.

CHAI – THE SIP WILL ONLY GET TASTIER!

about 8 years ago

At a time when it is a persistent endeavor to make our humble cup of chai into a ‘national drink’, chai itself seems to be on a high! One man’s misery is an opportunity for the other.

A VERY BALANCED POLICY

about 4 years ago

Persistent high inflation and a shift in global policy has led to this hike, while continuing to withdraw the accommodative stance. This is the fourth straight rate hike since May, taking the total rate hike to 190 bps. But the stubborn inflation, like a wild lion trying to be controlled by the ring master, continues to cock a snook, remaining elevated beyond the target ceiling.

L&T Finance builds up

about 11 years ago

Last month the news on L&T Finance was that consulting firm, Bain Capital was close to acquiring a minority stake in the company and the deal was valued at $350 million. This is yet to happen. And today, the news is that Warburg Pincus, the US based PE fund is looking at buying a 25% sta ...

Tree House climbs to 10% UC

about 11 years ago

Tree House Education has been having a really volatile run on the bourses for the past few days. After hitting consistently new lows for the since 20th Nov, yesterday it had hit a new low at Rs.130.10 and in the same day, hit the 10% UC at Rs.167.30. And today too, it hit the 10% UC at Rs.184. ...

Alok Tex worse than penny stock!

about 10 years ago

Alok Textiles, with a market cap of Rs.460 crore and one-time, considered to be a shining star, is today worse than a penny stock. Over ambition, lop sided Govt policies and leveraging the company to the hilt – these have been the two banes of this company which literally sunk the company. ...

DCB Bank is top loser

about 9 years ago

This has pushed down the stock price of DCB Bank, making it the top loser on the BSE and it lost over 6% at Rs.178.

Ceramic stocks crack

about 5 years ago

Ceramic stocks are among the top five losers on the BSE consistently. Kajaria is currently down 7% at Rs.965 while Somany fell almost 6% to Rs.677.65.

CARE in limelight

about 4 years ago

The stock is currently the top gainer on the BSE currently; it opened 8% higher at Rs.448 and went up to an intraday high at Rs.475.60, up over 14.5%.

JSPL pounded to 6-year low

about 12 years ago

Jindal Steel & Power Ltd (JSPL) hit a 6-year low today at Rs.124 – the lowest since Jan 2009. And it continues to remain at the same level, showing that disenchantment is deep. The stock has been pounded into the red after the company reported a consolidated net loss of Rs.519 cror ...

Metal stocks at new highs

about 9 months ago

Hindalco Industries advanced over 4% to a new 52-week high of Rs 970.80, taking its gains to nearly 17% over the past month, 38% in six months, and 67% over the past year. NALCO climbed around 6% to a fresh 52-week high of Rs 350.35,

Vodafone rings,"AGR!"

about 9 months ago

At the time of reporting, Vodafone Idea was trading around Rs 11.5–12 levels, compared with a 52-week range of Rs 6.12–12.80, with volumes significantly higher than the recent average

Export-oriented stocks in focus

about 9 months ago

Thus export-oriented stocks are clearly in focus and under pressure, reflecting caution ahead of the US Supreme Court ruling on Trump-era tariffs and the broader risk of renewed trade uncertainty.

What does fiscal deficit mean?

about 11 years ago

SRF falls over 6%

about 9 months ago

The stock fell to an intraday low of around Rs. 2,690, representing a fall of over 6% from the prior close, before settling near Rs. 2,720, still down more than 5% on the session.

Indegene

about 2 years ago

Indeed a Good ST play
Subscription Start Date :6 May 2024 End Date :8 May 2024
Issue Size : Rs. 1,842 cr, Issue Type : Fresh cum OFS
Price Band : Rs.430 to Rs. 452
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Overall Subscription : 69.66x
QIB : 197.55x,HNI :54.68x,Retail :7.62x,Other :6.22x
Listing Date : 13 May 2024, , Listing Price : 655

Metal stocks tumble

about 7 months ago

The Nifty Metal index fell 4.25% to 10,927, with every constituent in the red, reflecting a broad unwind rather than stock-specific weakness. Hindustan Copper led the declines (down 6.4%), followed by Hindustan Zinc, Vedanta, SAIL and NMDC (each down 5%+)

Indigo faces some turbulence

about 1 year ago

The stock fell nearly 5% in early trade to Rs.5754.40, after a large block deal saw around 3.1% equity exchanged on the exchanges.

AN EMBARRASSMENT, NOT ANTI-INDIAN!

about 5 years ago

Infosys has time and again dealt with a lot of these issues but this one is vicious and evil. It is very rare that India Inc gets embroiled in controversies of such magnitude and this vitriolic has shocked one and all. What does one do when such right-winged opinions mar the reputation of a company?

PSUs – MANY OF THEM HEADLESS CHICKENS!

about 6 years ago

An enterprise running without a leader is like a household without a karta – everything goes haywire and that is what percolates down to the lowest level and thus the performance. And then it is said that PSUs are loss-making and are inefficient. What else will they be if this is the lackadaisical attitude to fill up the most important post?

THE HR CRISIS AT PSU BANKS

about 11 years ago

You want to meet the CEOs of Andhra Bank, Bank of Baroda, Bank of India, Canara Bank and Punjab National Bank? That's simply not possible. Not because we as aam aadmi rarely have access to the CEOs, that too of PSU Banks. But simply because these banks do not currently have a CEO. IDBI Bank's CEO will retire eight days from now.

US FED CONTINUES TO SIT ON ITS HANDS

about 10 years ago

This was such an expected move that the markets too had already discounted it. The US Federal Reserve left the interest rates unchanged. No surprises here. With elections round the corner, there was no way that Yellen would have done anything to rock the boat. Keeping interest rates intact

NAVRATANAS FOR A SPARKLING DIWALI

about 13 years ago

The festival of lights is here and like every year, we all fervently hope and pray that Goddess Lakshmi continues to bless one and all. This is also the time when we all loosen our purse strings and go shopping in full throttle. And like every year, we present a list of stocks which you should buy to ensure that your next Diwali will be even more 'dhamakedar!'.

AS THE LOTUS BLOOMS, 'AAP" KYA KARENGE?

about 13 years ago

The market is thrilled to bits. The BSE Sensex hit a lifetime high at 21,483.74 in morning trade today and some 30 stocks hit a new 52-week high. The mood is extremely optimistic. But wait, the market celebrating the victory of the Assembly Elections, the lead of BJP, the prospect of Modi becoming the next PM

INDIA BATTLES INFLATION AS EUROPE FIGHTS DEFLATION

about 13 years ago

On the other hand, prices in the 17 EU member states, which were using the Euro in 2013 rose in December at an annual rate of only 0.8% as reported by Eurostat, the European Union statistical agency. This figure did not include Latvia which adopted Euro since 1st Jan-14, was lower at 0.9% for November.

THE ENIGMA OF INFLATION - LOW IN DEVELOPED ECONOMIES, HIGH IN DEVELOPING

about 13 years ago

Low prices or deflation in simple economics means falling prices; so isn't that a good thing? After all everyone loves it when prices fall. But deflation in recessionary times is not good. Just as inflation reduces the value of money, deflation increases the value and thus people do not want to spend it, prefer to sit on the cash. People feel that prices could come down further and hence wait. Companies are also likely to sit on cash

THE BSE SHUTDOWN - HIGHEND 'SEN'SATIONAL DRAMA

about 12 years ago

BSE very abruptly halted trading today morning. Every newspaper and website, TV news channels had promptly put out 'Breaking news' announcing the shutdown and in a way spread some short lived panic. Technical network outage snags, HCL had explained. It was chaotic for a few minutes and then it was trading only on the NSE. One should not call it trading at all because

WHY WE ARE NOT YET 'GAAR-READY'....

about 12 years ago

The markets, a few days ago had tanked on GAAR fears, that it will be implemented from 1st April 2015. There has been no clarification on the same, whether it will indeed come into effect from FY16 or would it be postponed by a year or two more. The ambiguity around GAAR

TEA - TO BRING 'TAAZGI' IN H2FY15

about 12 years ago

Tea production has been on a decline this year due to erratic weather. All-India production of tea so far this year compared to the corresponding period of last year is lower due to lower production of tea in Assam. In fact May production numbers released by Tea Board of India shows a drop of 12% (YoY) in northern states due to extremely dry weather. This is worrying because last year,

ANNUAL REPORT OF RBI FOR FY14 - IGNORE IT AT YOUR OWN PERIL

about 12 years ago

One can ignore the RBI Annual Report for 2013-14, saying that it's a lot of mumbo-jumbo, too much macro economic data, that too of a year gone by. But therein lay the ignorance. There are so many cues which one can collate from this Report for the current year. Like reading the Chairman's Message

CIGARETTE SMOKING - INJURIOUS TO WHOSE HEALTH?

about 12 years ago

But thanks to two foreign funds - Morgan Stanley and UBS, the color of the day for all cigarette companies is today green. Moods have changed with both putting out a "buy" call with UBS hiking the target price to Rs.425. What had changed overnight? Well, the foreign funds thought over and stated that though the rule evokes negative sentiment, banning sale of loose cigarettes would be very hard to implement.

RBI's FINANCIAL STABILITY REPORT - PLIGHT OF THE PSU BANKS

about 12 years ago

In the 2013-14 Financial Stability Report, an annual feature paints a very gloomy picture for the Indian banking sector. In comparison, its picture about the Indian economy is much rosier and optimistic. But it's like this - if one limb of the body fails, the entire body gets affected. So when something as vital

Q4FY15 - NO EXPECTATIONS, NO DISAPPOINTMENT!

about 12 years ago

Its that time of the year - report card season, exams over. India Inc and the stock market is now bracing itself for the quiet storm which seems to be heading towards Dalal Street. The storm is brewing due to low 'pressure' arising on account of Q4FY15 results, which is expected to be disappointing, to put it mildly. The clouds are dark and looming

EL NINO MONSTER IS BACK - WHO GETS SCARED? WHO REMAINS NONCHALANT?

about 12 years ago

The El Nino monster is back, raising its ugly head, gnarling and snarling its teeth, threatening the very existence of farmers and their livelihood. With some 60% of the population depending directly or indirectly on agriculture, any forecast of poor monsoon spells doom. The first forecast from the Indian Meteorological Department (IMD) came in yesterday and it was not good. The IMD stated that monsoon this year could be 93% of the long-period average. Anything which falls in the range of 90-96% is considered

WHY IS THE INDIAN MARKET CRASHING?

about 12 years ago

The stock market has truly crashed and literally fallen through the floor. Falling below 650 points at one point, everyone's heart was in their hands. It was widely expected that the market will actually do well today as the Bombay High Court yesterday stayed the minimum alternate tax (MAT) demand from the income tax department. This stay came purely on 'technical grounds'. The Court stated that it was staying all proceedings against the fund as the Tax department had

ENIGMA OF INFLATION - LOW IN DEVELOPED ECONOMIES, HIGH IN DEVELOPING

about 11 years ago

It is a very pertinent question - why do countries like Europe, America and Japan have low inflation when almost all developing countries are suffering from seemingly pandemic high inflation rates? There, countries have almost zero percent interest rates and their Governments are looking at ways and means to hike rates and push up inflation.

BATTING FOR “BAT”

about 6 years ago

Tax collection is consistently on the dip and the Govt is spending more than what it earns; yes, that’s how it is also in a routine year but this year, the Corona has made the deficit look like a gaping huge black hole. We all knew that the Govt will try and do everything to increase its revenues and will come with stringent actions and creative ways to get more from taxes.

STALLED PROJECTS - PM INTERVENTION AND MORE....

about 11 years ago

It was a very reassuring to read that once a month the Prime Minister himself gets involved personally to oversee how stalled projects across India re progressing. He had promised that he will cut the red tape and this is a good step in that direction. But India is a huge and complex country, not a small state and the bureaucracy has been dysfunctional for as long as one can remember. Thus it is probably this centralized form

GROWING CHASM BETWEEN WPI AND CPI - WHY?

about 11 years ago

The house help had a pretty austere Diwali celebration this year. With the price of pulses hitting Rs.200-mark, vegetables continuing to remain expensive and fruits getting out of bounds for most, she is wondering how can she cope up with life? Living in Maharashtra, not Mumbai but Thane, she has to now grapple with a 50% water cut and ever increasing electricity bills. She says she does not save a single penny despite having

CIGARETTE MAKING - INJURIOUS TO COMPANIES HEALTH

about 11 years ago

The statutory warning should be changed - cigarette making is injurious to a company's financial health. Make cigarettes at your own risk! Seriously. If the Govt is so morally upright and so concerned about people smoking cigarettes and wants to make it as out-of-reach as possible, we cannot help but wonder why it is being allowed to be made at all? The latest has been the debacle on the proposed 40% GST on cigarette making companies. ITC tanked big time yesterday, so much so that it was probably one reason why the Sensex ended

INEQUALITY OF INFLATION -LOW IN DEVELOPED ECONOMIES, HIGH IN DEVELOPING

about 11 years ago

Asia is reeling under higher vegetable/fruit prices. In terms of food inflation, Indonesia for April (YoY) reported the highest increase in the region at 8.9%, followed by China at 7.4%, Malaysia at 5.1%. all - South Koera, Thailand, Philippines and of course India, are suffering high food prices. This is being blamed on the El Nino

GROWTH SLOWS AND RETAIL INFLATION FALLS

about 9 years ago

Retail inflation for June’17 was down to 1.54% while IIP for May’17 fell to 1.7% v/s 2.8% (MoM). Sp growth is down and inflation is also down. We in India celebrate every time we see a lower inflation rate while the developed countries are working towards increasing inflation. So are we missing a point here? That’s the thought which comes to mind with MoM lower inflation.

PATEL AND POWELL – IT’S ALL ABOUT HOLDING ONE’S STEED

about 9 years ago

Let’s face the truth – we appoint a new RBI Governor, apart from us Indians, that too a small section, no one really cares. But a new Federal Reserve chief is announced; the whole world will sit up and take notice. He/she is undoubtedly the most powerful economic public figure on earth and the appointment of this chief can move the markets while the “tone” of his/her language is analysed and dissected to the bare bones by economists.

A ‘RED’ BEGINNING TO SECOND HALF OF 2018

about 8 years ago

It was a red Monday all across – not just in India but across Europe and Asia. Despite Trump and his unleashing of a trade war, the dollar remained strong as a safe haven as political risks pulled down the Euro and pound. The deepening tensions in the German coalition and Brexit

CHINA SLOWS DOWN – WHERE IS INDIA’S GROWTH IMPETUS?

about 7 years ago

The stock market seems to be so lackluster. It does not know which way to move as there is no real compass to follow now. Earnings are more stock specific but for the market as a whole, there aren’t any major triggers in the offing. The global moods will more or less dictate the moods as on the domestic front, we will now wait for August to come

ANOTHER STIMULUS – A FEATHER IN THE STORMY WINDS

about 7 years ago

Well, this was the third round of so-called stimulus but looking at the way in which the market has given this a complete cold shoulder, clearly, it has not worked. In these three rounds, the FM has addressed the issues of the falling demand in the auto sector, wooing the FIIs by rolling back certain Budget announcements,

FED CUTS RATES – ONCE AGAIN, INSURANCE AGAINST GLOBAL RISKS

about 7 years ago

The US Federal Reserve did what was expected – cut rates by 25 bps. More importantly, the Fed left the door open to more rates cuts in the coming months but uncertainty mounted as the voice of dissent grew among the Fed members.

CPI AND WPI – SITTING ON A SEE-SAW

about 7 years ago

So it makes you wonder whether these price indices, especially WPI hold any relevance at all? The big question which vexes all – why this huge difference between the CPI and WPI? Well, looking at things from an economic perspective

FREAKY FRIDAY THE 13TH!

about 7 years ago

But what we learned today are two things – firstly, if the market is doing well, suddenly all fears vanish. The moment the Sensex turns green, its as though magically all negative emotions, all the panic and anxiety just vanished. So, if the market is good, irrespective of coronavirus or any other virus, life is good!

WPI DEFLATION AS ALL WFM!

about 6 years ago

So now everyone is talking about deflation. For us Indians, where rising price is an issue, we cannot help but wonder why this hullaballoo about deflation? Well, just as inflation has risks of an overheated economy, deflation poses risks of a cooled off economy.

TWO INFLATIONS – ONE HEADING NORTH, ANOTHER SOUTH

about 6 years ago

Common sense says that when retail inflation or CPI is high, the price in the Wholesale market (WPI) has to also be high as that’s where good come from, isn’t it? But in economics, common sense does not always work. What we have observed most of the times is that they both move in completely opposite direction

IT stocks remaim in red

about 1 month ago

IT stocks remain under pressure, with the BSE Focused IT index falling 3% to 35,273.05. Coforge was among the sharpest losers, down 4.43% to Rs. 1,862.75, while Infosys fell 4.42% to Rs. 1,035.10 and TCS slipped 2.59% to Rs. 2,201.50. The weakness was broad-based across the pack