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As of 30-Jun-2024, promoters held 68.58 per cent stake in the company, while FIIs held 11.58 per cent and domestic institutional investors had 3.55 per cent.

Persistent Systems shares fell 7% after reporting a 2.8% profit decline in Q1FY25, despite a 34% YoY PAT rise. Revenue grew 18% YoY. Orders hit $462.8 million TCV, $337.3 million ACV. CEO Kalra praised 17 growth quarters, AI services. ISG ranked them a leader. Stock rose 80% last year, 26.60% YTD. Considering QIP on July 23. SpiceJet capital raise.

Gold August futures opened lower by 0.72%, or Rs 534, at Rs 73,621 per 10 grams on Friday, while silver September futures contracts opened down by nearly 1%, or Rs 90,953 per kilogram. Over the past week, gold has seen minimal gains of Rs 340 per 10 grams, while silver has declined by Rs 2,100 per kilogram.

On July 18, five stocks from the Nifty200 pack were identified in the RSI trending up scan. This scan indicates an uptrend when the RSI value crosses above 50 from below.

“Karnataka produces a lot of jobs. If you look at all the data, there are more jobs than people graduating. If you look at multiple sectors, construction, and infrastructure, there are not enough people from Karnataka. Security, we are not getting enough people from Karnataka. Even in IT, we are not getting enough qualified people,” says Mohandas Pai

A total of 4,769 shares changed hands on the counter till time (IST).

​On July 16, six stocks from the Nifty500 pack were flagged by the "White Marubozu" bullish scanner. The White Marubozu pattern is recognized as bullish in technical analysis.

The budget is likely to maintain its fiscal consolidation and borrowing targets, as per the announcement made in the Interim budget in February. We expect continuation on the policy front and the messaging to be consistent with previous budgets.