Tag «USD»

Persistent Systems Q3 FY14 Revenue grows 15.1% in USD and 30% in INR and PAT grows 29.7% Y-o-Y, declares interim dividend of Rs. 8 per share

Pune, India and Santa Clara, CA – January 25, 2014: Persistent Systems (BSE & NSE: PERSISTENT), the global leader in software product and technology services, today announced the Company’s audited financial results for the third quarter ended December 31, 2013, as approved by the Board of Directors. “We have delivered another strong quarter with 3.8% …

Currency update…..Umesh Shanmugam

USD-INR loses confidence in the market as discussed earlier.. Todays break above 55 shows that it is extending without a dip and subdividing higher. A series of i-ii-i-ii-i-ii markings are the only alternate and a larger wave II correction seems ruled out. This pattern may continue all the way till the target of 60 with small halts only..(CHART …