Patni Computer Systems Limited (ADR) (NYSE:PTI)
CAPS Rating:
The Company is an Indian provider of information technology services. It delivers a range of IT services through globally integrated onsite and offshore delivery locations primarily in India.
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Weaker near term economic outlook will bode well for Patni Systems as companies continue to aggresively cut costs. The company is well positioned to capitalize on this trend in the near term. Longer term ... expect competitive pricing pressures and margin errosion.