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NEW YORK ( TheStreet) -- Syntel (Nasdaq: SYNT) hit a new 52-week high Thursday as it is currently trading at $62.79, above its previous 52-week high of $62.03 with 174,902 shares traded as of 11:08 a.m. ET. Average volume has been 129,400 shares over the past 30 days. Syntel has a market cap of $2.31 billion and is part of the technology sector and computer software & services industry. Shares are up 15.1% year to date as of the close of trading on Wednesday. Syntel, Inc. provides information technology (IT) and knowledge process outsourcing (KPO) services worldwide. It operates in four segments: Applications Outsourcing, KPO, e-Business, and TeamSourcing. The company has a P/E ratio of 18.1, below the average computer software & services industry P/E ratio of 18.8 and above the S&P 500 P/E ratio of 17.7.