Why Genpact Stock Raced Nearly 16% Higher Today
Business process management company Genpact Limited (NYSE: G) managed to post a solid quarterly earnings report on Friday, and was handsomely rewarded by the stock market for doing so. The company's shares ended up closing almost 16% higher in price as a result, a far better showing than the S 500 index's 0.1% bump higher on the day.
Genpact began Friday by issuing its third-quarter earnings release, which revealed that its net revenue for the frame was slightly over $1.29 billion.
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Source Fool.com
Genpact Ltd Stock
€38.18
-1.510%
Currently there is a rather positive sentiment for Genpact Ltd with 4 Buy predictions and 0 Sell predictions.
With a target price of 44 € there is a slightly positive potential of 15.24% for Genpact Ltd compared to the current price of 38.18 €.
