Patni Share Price vs Revenue

Quantitative Techniques for Business Decisions

Term Assignment




Quarterly Share Price Values
Vs
Quarterly Gross Revenues and Quarterly Gross Profits
Of Patni Computer Systems Ltd.





     









                                                                                   














                                                                                    Group 7

1)   Abhay Krishna (121)
2) Borra Satish Kiran (141)
3) Hardik Semlani (146)
4) Manish Makhija (155)
5) Ramya Lakshmi Dadana (164)
6) Sudeep Nettur (160)




Introduction:

Patni Computer Systems Ltd., is a provider of Information Technology services and business solutions. The company employs over 15,000 people, and has 23 international offices across the Americas, Europe and Asia-Pacific, as well as offshore development centres in 8 cities in India. Patni's clients include more than 200 Fortune 1000 companies. Patni has registered revenues of US$ 662.91 million for the year 2007.

Patni Computer Systems Limited was incorporated as Patni Computer Systems Private Limited on February 10, 1978 under the Companies Act, 1956. In 1988, by virtue of Section 43A of the Companies Act, the Company became a "deemed public company" and subsequently on April 15, 1991 it was then converted into a private limited company. By virtue of its turnover exceeding prescribed limits under the then-applicable Section 43A of the Companies Act, on July 1, 1995, the Company became a deemed public company and consequent to the deletion of Section 43A from the Companies Act, 1956, the Company was converted to a private limited company on June 27, 2002. The Company was again converted to a public limited company on September 18, 2003.

In 2004, Patni came out with an initial public offering (IPO) of 18,724,000 equity shares in the price of Rs 230 per share for a face value of Rs 2 each. In the same year, Patni acquired Fremont,... [continues]

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