Stock market analyst Alpesh Furiya is of the view that investors can 'buy' Patni Computer Systems Ltd stock to achieve a target of Rs 625.

According to analyst, the investors can buy the stock with stop loss of Rs 540

Today, the stock of the company opened at Rs 1156 on the Bombay Stock Exchange (BSE). The share price has seen a 52-week high of Rs 1273.50 and a low of Rs 976 on BSE.

Current EPS & P/E ratio stood at 78.39 and 15.02 respectively.

Patni Computer Systems has appointed Frank Khoshnoud as senior vice president and head of manufacturing, retail and distribution (MRD) industry vertical.

Frank will look after growth of the company's MRD vertical.

While commenting on the development, Vijay Khare, EVP and Global Head of Industry Verticals, Patni said, "Frank brings a deep level of domain and management expertise which wiLl be invaluable to our MRD practice - one of Patni`s largest vertical industry contributors. With his appointment, we are confident of exploiting latent opportunities in this area as part of our micro-verticalization strategy to address the requirements of global MRD corporations."

Patni Computer declared that the company's Compensation & Remuneration Committee of Directors allotted 40,660 equity shares of par value of Rs 2 each to certain employees / director including 5,250 underlying equity shares of par value of Rs 2/- each to Bank of New York as Depository in connection with the issuance of 2,625 American Depositary Shares (ADSs) pursuant to the exercise of ADR Linked options.