Patni Computer Systems is currently trading at Rs. 512.00, up by 0.65 points or 0.13% from its previous closing of Rs. 511.35 on the BSE.
The scrip opened at Rs. 514.00 and has touched a high and low of Rs. 518.00 and Rs. 506.05 respectively. So far 38017 shares were traded on the counter.
The BSE group 'B' stock of face value Rs. 2 has touched a 52 week high of Rs. 520.85 on 23-Mar-2012 and a 52 week low of Rs. 250.00 on 22-Aug-2011.
Last one week high and low of the scrip stood at Rs. 520.85 and Rs. 490.15 respectively. The current market cap of the company is Rs. 6865.42 crore.
The promoters holding in the company stood at 66.86% while Institutions and Non-Institutions held 12.29% and 2.44% respectively.
iGATE Patni, a technology firm is betting big on the product engineering space. The company is expecting that nearly 25% revenues to come from the product engineering services (PES) business in 2-3 years. The technology firm currently derives 15% of the business from PES business.
iGATE Patni is the common brand identity of two organizations - iGATE Corporation and Patni Computer Systems (Patni). With iGATE having acquired a majority stake in Patni, the two companies, under the common brand iGATE Patni, jointly provide full-spectrum consulting, technology and business process outsourcing, and product engineering services on a business outcomes-based model.
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