Other than the hiring plans, rumours of stake sale are again doing the rounds in the market which is attributed to significant buying interest at the counter.
The stock soared to a high of Rs 473, and finally ended 5.2% higher at Rs 466. Around 185,000 shares changed hands at the counter on the BSE today.
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(Updated at 1047 hrs)
Patni Computers is quoting at Rs 448, higher by Rs 5 or 1%, on the BSE. The stock opened at Rs 443, and has touched a high of Rs 455 and a low of Rs 442 thus far.
India’s sixth largest information technology services provider has firmed hiring plans for 2010. The company plans to recruit 1,200-1,500 employees, with almost 75 per cent being graduating students. It had a headcount of 13,607 by the end of September this year.