Persistent Systems has not seen any major ramp-downs in the past couple of quarters, reflecting stable TCV to revenue leakage, it while noting that the improvement is not material.
On the daily chart, DLF has successfully broken out above a 'consolidation zone' ranging from Rs 543- 514. The weekly strength indicator RSI given a crossover above its reference line generated a buy signal.
eClerx shares: Nuvama expects revenue growth for eClerx to stay under pressure, as clients are looking to cut discretionary spends. Roll-offs in the current quarters were smaller but any higher-than-expected roll-offs can impact growth trajectory, it said.