Persistent’s revenue grew by 11.1% sequentially to $ 241.5 million in June quarter. The acquisition of US-based companies, including Data Glove in February and MediaAgility in May, contributed over half of the topline growth.
Behari Lal Engineering shares surged 14% after making a strong market debut, listing at a 63% premium to the IPO price. Brokerages remain positive, citing
India has replaced Indonesia as Asia’s least-preferred stock market among fund managers surveyed by Bank of America, with 32% of respondents net underweight on Indian
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