Persistent Systems Limited (BOM: 533179)
India
· Delayed Price · Currency is INR | Market Cap | 894.75B |
| Revenue (ttm) | 107.55B |
| Net Income (ttm) | 12.33B |
| Shares Out | n/a |
| EPS (ttm) | 79.95 |
| PE Ratio | 72.58 |
| Forward PE | n/a |
| Dividend | n/a |
| Ex-Dividend Date | n/a |
| Volume | 16,254 |
| Average Volume | 12,956 |
| Open | 5,983.20 |
| Previous Close | 5,962.25 |
| Day's Range | 5,839.55 - 6,150.00 |
| 52-Week Range | 3,232.60 - 6,788.80 |
| Beta | n/a |
| RSI | 45.92 |
| Earnings Date | Jan 17, 2025 |
About Persistent Systems
Persistent Systems Limited provides software products, services, and technology solutions in India, North America, and internationally. It operates through Banking, Financial Services and Insurance; Healthcare & Life Sciences; and Software, Hi-Tech and Emerging Industries segments. The company provides Persistent GenAI Hub, a generative artificial intelligence (AI) solution; consulting services for business strategy and transformation; software engineering services to architect, design, develop, and manage software product lifecycle; and CX tra... [Read more]
Financial Performance
In 2023, Persistent Systems's revenue was 98.54 billion, an increase of 17.82% compared to the previous year's 83.63 billion. Earnings were 10.93 billion, an increase of 18.72%.
Financial StatementsNews
Persistent Systems launches ContractAssIst, leveraging Microsoft 365 Copilot for advanced contract management
Persistent Systems Limited, a global leader in digital engineering and enterprise modernization, has unveiled ContractAssIst, a cutting-edge contract management solution powered by Microsoft 365 Copil...
Persistent Systems launches Pi-OmniKG to boost biomedical research with AI-driven solutions
Persistent Systems (BSE: 533179, NSE: PERSISTENT) has unveiled Pi-OmniKG, an advanced AI-driven knowledge graph solution powered by Google Cloud technology. Designed for healthcare and life sciences (...
Tech stocks update: TCS flat, Tata Tech gains 2.00%, Persistent falls 3.26%, OFSS down 4.17%
As of 10:54 AM, tech stocks exhibited mixed performance. Here are the key movements: Gainers: Tata Tech: Leading the pack with a 2.00% gain, trading at ₹899.10. TCS: Rose 0.17%, currently at ₹4,035.00...
Persistent Systems acquires Soho Dragon assets for $5.94 million to strengthen BFSI focus
Persistent Systems Limited has announced the acquisition of select assets from Soho Dragon Solutions India Private Limited, an IT services provider catering primarily to BFSI clients. The transaction,...
IT Stocks: Persistent (-3.77%), OFSS (-2.40%), Coforge (-1.99%), HCL Tech (-1.56%) lead IT sector losses
As of 9:17 AM, IT sector stocks are trading lower across the board, with significant declines observed in several midcap and large-cap IT players. Persistent Systems and Oracle Financial Services Soft...
IT Stocks Today: Intellect Design up 12%, Tejas Networks down 2%, Persistent Systems down 1% and more
The IT sector displayed varied performance today, with mid-cap stock Intellect Design surging over 12.67%, leading the pack. Large-cap IT giants like Infosys and TCS registered marginal declines, whil...
Stocks on brokerages’ radar for December 18
Several brokerage houses issued recommendations on various stocks. Motilal Oswal recommended buying Kirloskar Oil Engines, while ICICI Securities suggested buying PVR Inox, Sun TV, and Zee Entertainme...
JPMorgan on Persistent Systems: Growth Drivers Remain Intact; Remain Overweight
JPMorgan maintains its Overweight (OW) rating on Persistent Systems with a target price of ₹6,100, post-management interactions. The brokerage noted Persistent’s growth outperformance due to: Strong c...
IT Sector Stocks: OFSS (+0.70%), LTIM (+0.37%) rise; Mphasis (-1.01%), LTTS (-1.36%) decline
The IT sector saw mixed trading activity during the session. Here’s how key stocks performed: OFSS (Oracle Financial Services Software) led the gains, rising ₹84.35 to ₹12,179.70 (+0.70%). LTIMindtree...
Stock Market Update: Coforge, Paytm, Persistent Systems and more hit 52-week highs today on December 6, 2024
The Indian stock market saw a slightly negative trend on December 6, 2024, with both the Sensex and Nifty indices closing lower. Despite this, several stocks reached new 52-week highs, showcasing stro...
Persistent Systems stock jumps 2%, hits new 52-week high after CLSA raises target price
Shares of Persistent Systems surged by 2% today, reaching a new 52-week high of ₹6,148. This jump comes after leading brokerage firm CLSA raised its target price for the stock to ₹8,462, maintaining a...
CLSA raises target price for Persistent Systems to ₹8,462, maintains Outperform call
CLSA has raised its target price for Persistent Systems to ₹8,462, maintaining an ‘Outperform’ rating.
IT Stocks: TCS shares surge nearly 2%, Wipro up 1%, Mphasis up nearly 1% and more
The Nifty IT index edged higher on December 4, trading at 43,978.85, up by 0.51%. The sector showcased mixed performance with notable gains in key stocks. Top Gainers: TCS rose by 1.61%, trading at ₹4...
IT stocks: Coforge gains 2.56%, Mphasis up 2.19%, Persistent Systems rises 0.69% this week
The IT sector displayed a varied trend during the week of November 25–29, 2024, with gains in some counters and declines in others. Coforge Ltd led the gainers, surging ₹216.55 (2.56%) to close at ₹8,...
IT stocks: Persistent Systems gains 1.55%, LTIMindtree up 1.27%, KPIT Tech slips 2.75%
The IT sector showed mixed trends in early trade on November 29, 2024, with notable gains in Persistent Systems and LTIMindtree, while KPIT Technologies declined. Stock Highlights (as of 10:27 AM): Pe...
Edelweiss Mid Cap Fund sees 44.52% returns in last year, top holdings in Persistent Systems & Dixon Technologies
Edelweiss Mid Cap Direct Plan-Growth is an equity mutual fund offered by Edelweiss Mutual Fund. The fund has an AUM of ₹7,677.01 crores and the current NAV is ₹112.061 as of November 23, 2024. The ret...
Top Morning Losers Today: Five-Star Business, Oracle Financial Services, Persistent Systems, AB Capital and Tech Mahindra lead declines on NSE
Here are some of the top losers on the NSE this morning: Five-Star Business Finance Ltd (FIVESTAR) Price: ₹702.30 Change: -₹62.95 (-8.23%) Oracle Financial Services Software Ltd (OFSS) Price: ₹10,667....
Persistent Systems announces successful acquisition of Arrka Infosec
Persistent Systems Limited has recently informed exchanges that the company completed its acquisition of Arrka Infosec Private Limited, a cybersecurity company based in Pune, making it a wholly owned ...
Stocks to Buy This Diwali: AngelOne sees Persistent Systems rising to ₹7,040, with a 25% upside
AngelOne has highlighted Persistent Systems Ltd as a promising Diwali pick for 2024, setting a target price of ₹7,040. With a current market price of ₹5,631, the stock offers an upside potential of 25...