Friday, 25 June, 2021
Home Business Stocks To Watch: Wipro, Persistent Systems, Panacea Biotec

Stocks To Watch: Wipro, Persistent Systems, Panacea Biotec

Panacea Biotec reported consolidated loss at Rs 54.14 crore within the March quarter

The home inventory markets are prone to open within the inexperienced as a consequence of optimistic international cues. Developments on SGX Nifty point out a optimistic opening for the index in India, with a 78-point acquire. At 7;30 am, the Nifty futures have been buying and selling at 15,708, greater by 789 factors or 0.65 per cent, on the Singapore Inventory Trade.

On Wednesday, the BSE Sensex was down 85.40 factors and Nifty rose 1.30 factors.

Shares to look at in commerce in as we speak’s session

Wipro

Wipro has offered its complete 33.33 per cent stake in Denim Group for a consideration of $22.42 million (about Rs 160 crore). Wipro additionally partnered with Finastra to assist company banks throughout Asia-Pacific speed up their digital transformation.

Persistent Methods

Persistent Methods will develop its relationship with IBM to assist gas open hybrid cloud adoption, core IT modernization and digital transformation for patrons throughout the enterprise.

Panacea Biotec

Panacea Biotec reported consolidated loss at Rs 54.14 crore within the March quarter as in opposition to Rs 68.39 crore in the identical quarter final 12 months. Revenues rose from Rs 125.36 crore to to Rs 168.27 crore through the interval into account.

MTAR Applied sciences

MTAR Applied sciences’s web revenue in FY21 rose 47 per cent to Rs 46.1 crore from Rs 31.three crore, whereas revenues elevated 15 per cent to Rs 246.40 crore.

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