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    HomeNewsBusinessStocksPatni rises 2.2% on iGate deal expectation

    Patni rises 2.2% on iGate deal expectation

    Shares in Patni Computer rose as much as 2.8% on Monday on expectations US software firm iGate will announce a deal to buy the Indian firm. At 10:46 hrs the share was quoting at Rs 470.20, up Rs 10.10, or 2.20%.

    January 10, 2011 / 10:51 IST

    Shares in Patni Computer rose as much as 2.8% on Monday on expectations US software firm iGate will announce a deal to buy the Indian firm.

    iGate is scheduled to hold a news conference later on Monday.

    Patni Computer Systems touched an intraday high of Rs 475.00 and an intraday low of Rs 464.10. At 10:46 hrs the share was quoting at Rs 470.20, up Rs 10.10, or 2.20%.
     
    It was trading with volumes of 138,210 shares. On Friday the share closed down 0.69% or Rs 3.20 at Rs 460.10.

    first published: Jan 10, 2011 10:50 am

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