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IT stock down by up to 10% after Q4 results miss estimates

IT stock down by up to 10% after Q4 results miss estimates

IT Stock engaged in providing software engineering and strategy services to help companies implement and modernise their businesses hit a 10 percent lower circuit in the day’s trade upon posting Q4FY24 results and recommending a final Dividend of Rs. 10.  With a market capitalization of Rs. 54,208 Crores, the shares of Persistent Systems Limited were [...]
Penny jumps 4% after receiving an order worth ₹ 70 lakhs

Penny jumps 4% after receiving an order worth ₹ 70 lakhs

Shares of this microcap company jumped 4 percent in Monday’s trading session after receiving an order from CNH Industrial (India) Pvt. Ltd. worth Rs. 70.76 lakhs.  With a market capitalization of Rs. 87.6 crores, the shares of Kranti Industries Ltd started Monday’s trading session on a higher note at Rs. 77.80, gaining around 4 percent [...]
Auto stock jumps after signing agreement with Mahindra & Mahindra

Auto stock jumps after signing agreement with Mahindra & Mahindra

Small- Cap stock which is one of the leading premium automotive retail businesses in India with dealerships for Mercedes-Benz, Honda, Jeep, Volkswagen, and many others in focus upon signing a dealership agreement with Mahindra & Mahindra.  With a market capitalization of Rs. 3,178 Crores, the shares of Landmark Cars Limited were trading at Rs. 769.05, [...]
PSU stock jumps after receiving Navaratna status from Indian Govt

PSU stock jumps after receiving Navaratna status from Indian Govt

'Navratna' is a special status given by the government to a selected group of top-performing Central Public Sector Enterprises (CPSEs). These companies get more autonomy and financial power because of their good performance.  To become a Navratna, a company first needs to be a Miniratna and meet certain criteria, like having four independent directors on [...]
Hinduja Global Solutions jumps 7% after launch of network management solutions

Hinduja Global Solutions jumps 7% after launch of network management solutions

The shares of the digital customer solution provider gained up to 8 percent after the company launched OneX, a unified network-as-a-service solution covering network management, security, and LAN-side control solutions.  With a market capitalization of Rs 4,016.56 crore, the shares of Hinduja Global Solutions Ltd were trading at Rs 863.40 per share, increasing around 5 [...]
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