Money on the markets

A maturing market amid the mayhem

Patni computer rises

November 5, 2009

Shares in Patni Computer ended 8.2 percent higher at 494 rupees in a broader market which ended nearly 1 percent up.

INDIA

Shares in the company rose on a newspaper report that L&T Infotech is in talks to acquire majority stake in the company.

Trading volume in Patni Computer, whose shares have gained almost 200 percent so far this year, stood at over 0.6 million shares.

Shares in L&T ended 0.2 percent lower at 1542 rupees.

Do you think Patni Computer is an attractive buy?

Post Your Comment

We welcome comments that advance the story through relevant opinion, anecdotes, links and data. If you see a comment that you believe is irrelevant or inappropriate, you can flag it to our editors by using the report abuse links. Views expressed in the comments do not represent those of Reuters. For more information on our comment policy, see http://blogs.reuters.com/fulldisclosure/2010/09/27/toward-a-more-thoughtful-conversation-on-stories/
  •