Persistent Systems Limited (NSE:PERSISTENT)
India
· Delayed Price · Currency is INR | Market Cap | 846.25B |
| Revenue (ttm) | 119.39B |
| Net Income (ttm) | 14.00B |
| Shares Out | 149.25M |
| EPS (ttm) | 90.24 |
| PE Ratio | 62.83 |
| Forward PE | 50.48 |
| Dividend | 35.00 (0.63%) |
| Ex-Dividend Date | Jan 31, 2025 |
| Volume | 319,434 |
| Average Volume | 444,557 |
| Open | 5,645.00 |
| Previous Close | 5,584.00 |
| Day's Range | 5,628.00 - 5,725.00 |
| 52-Week Range | 3,232.05 - 6,788.90 |
| Beta | 0.69 |
| RSI | 57.13 |
| Earnings Date | Apr 21, 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 2024, Persistent Systems's revenue was 119.39 billion, an increase of 21.16% compared to the previous year's 98.54 billion. Earnings were 14.00 billion, an increase of 28.05%.
Financial StatementsNews
HSBC flags cash conversion concerns in IT sector; Coforge, PSYS among weakest
HSBC has raised a red flag over the cash conversion trends in India’s IT services sector, highlighting that several companies reported a weakening in this key metric during FY25. The brokerage noted t...
Persistent Systems share price down nearly 3% today – Here’s why
Shares of Persistent Systems Ltd. fell nearly 3% in early trade on May 15, dropping to ₹5,614 after closing at ₹5,758.50 in the previous session. The decline follows concerns surrounding its major cli...
IT Stocks: KPIT jumps 3.75%, Persistent Systems rises 3.11%, Coforge up 2.48%, L&T Technology jumps 2.39% on market sentiment
As of 9:26 AM, Indian IT stocks witnessed broad-based gains, aligning with a strong upward movement in the overall market. Key IT Stock Performers as of 9:26 AM: KPIT Technologies: ₹1,290.80 (+3.75%) ...
Persistent systems share price jumps 4% as Q4 CC revenue growth beats estimates
Persistent Systems shares jumped 3% on April 24 after the company posted better-than-expected results for the March 2025 quarter. As of 9:39 AM, the shares were trading 4.11% higher at Rs 5,375.50. Th...
Top stocks to watch today, April 24: Bajaj Finance, LTIMindtree, Tata Consumer Products, Persistent Systems and more
Indian benchmark indices ended higher on Wednesday, April 23. The BSE Sensex rose 520.90 points, or 0.65%, to settle at 80,116.49, while the NSE Nifty50 gained 161.70 points, or 0.67%, to close at 24,...
Persistent Systems recommends Rs 15 final dividend for FY25
Persistent Systems Ltd. on Thursday announced that its Board of Directors has recommended a final dividend of ₹15 per equity share for the financial year 2024-25. The dividend, which is subject to sha...
Persistent Systems Q4FY25: Revenue up 25.2% YoY to Rs 32,421 Cr, Profit jumps 25.5% to Rs 3,958 Cr
Persistent Systems Ltd reported a robust financial performance for the fourth quarter and full year ended March 31, 2025, marking its 20th consecutive quarter of revenue growth. The company recorded Q...
Persistent Systems merger with Capiot Software approved by NCLT
Persistent Systems Limited has secured formal approval from the National Company Law Tribunal (NCLT), Mumbai Bench, to merge its wholly owned subsidiary, Capiot Software Private Limited, with itself. ...
Infosys, TCS, Wipro, LTIMindtree stocks fall up to 3% – why are IT stocks down today? Check out the reason
Indian IT stocks tumbled over 3% in early trade today, tracking Accenture’s Q2FY25 earnings miss and lowered revenue guidance, which raised concerns about slowing demand for IT services globally. Acce...
Infosys, TCS, Wipro stocks fall up to 3% following Accenture Q2FY25 results
Indian IT stocks fell sharply in early trade today, reacting to Accenture’s Q2FY25 earnings and guidance, which signaled rising macro uncertainty and concerns over discretionary spending. The Nifty IT...
IT Stocks: Coforge surges 9.12%, Persistent up 3.77% as tech stocks rally; Nifty gains 160 points
Tech stocks witnessed strong buying momentum in early market trade, with Coforge soaring 9.12% to ₹7,869.90 and Persistent Systems rising 3.77% to ₹5,347.50. The uptrend was further supported by Oracl...
IT sector stocks update: Persistent Systems up 3.27%, LTIMindtree gains 2.81%, Tech Mahindra rises 1.46%, Wipro up 1.49%
As of 9:48 AM, the IT sector stocks are trading mostly in the green, with notable gains across major players. Persistent Systems stock surged 3.27% to ₹5,712.00, leading the sector’s gains. LTIMindtre...
Persistent Systems shares surge 3% after JP Morgan maintains ‘Overweight’ rating
Persistent Systems’ shares jumped 3% following JP Morgan’s decision to maintain its Overweight rating on the company, citing its strong growth potential and impressive deal pipeline. JP Morgan forecas...
JP Morgan maintains ‘Overweight’ on Persistent Systems, sees 30% upside on strong growth potential
JP Morgan has maintained its Overweight rating on Persistent Systems, citing the company’s high-quality growth trajectory and strong deal pipeline. The brokerage sees 30% potential upside, driven by r...
Persistent Systems’ valuation expensive despite company being top performing IT company, says HSBC
HSBC has maintained a ‘Hold’ rating on Persistent Systems, setting a target price of ₹5,650 per share, as uncertainty over global IT spending in 2025 weighs on near-term growth prospects. The company’...
Flipkart Commerce Cloud and Persistent Systems Forge Strategic Collaboration to Accelerate Global Expansion and Integration of Advanced E-Commerce Solutions
BENGALURU, India, Feb. 11, 2025 /PRNewswire/ — Flipkart Commerce Cloud (FCC), the technology solutions arm of Flipkart, India’s homegrown e-commerce marketplace, has announced a strategic collaboratio...
Top stock recommendations for the week starting January 27
Motilal Oswal Financial Services Ltd recommends Coforge and Persistent Systems as top stock picks for the week. Coforge demonstrates strong revenue growth, driven by partnerships and rising demand. Pe...
Why are Persistent Systems shares up 10% today?
Persistent Systems’ shares rose 10% today following impressive financial results for the quarter ending December 31, 2024. The company posted a 22.6% YoY increase in revenue, reaching ₹3,062.28 crore,...
Persistent Systems shares jump 6% as revenue surges 22.6% YoY in Q3 FY25
Persistent Systems’ shares saw a 6% jump after the company reported strong financial growth for the quarter ending December 31, 2024. As of 9:39 AM, the shares were trading 6.77% higher at Rs 6,068.00...
Bullish or Bearish on Persistent Systems: Brokerages divided; Citi says ‘Sell’, HSBC cautious with Hold, JPMorgan calls Overweight
Brokerages have issued mixed recommendations on Persistent Systems following its Q3 performance. While the company reported decent results with in-line revenue and better-than-expected margins, elevat...
Brokerage Report: Citi maintains ‘Sell’ on Persistent, raises target to Rs 5,000
Citi has reiterated its ‘Sell’ rating on Persistent Systems, raising the target price to ₹5,000 from the previous estimate. While the company reported a decent Q3 performance with in-line revenue and ...
Brokerage Alert: Nomura maintains ‘Neutral’ on Persistent Systems, sees resilient growth
Nomura brokerage has reiterated a ‘Neutral’ rating on Persistent Systems with a target price of ₹6,200, implying an upside potential of 9.6% from the current market price of ₹5,655.00. The brokerage e...
Persistent Systems declares interim dividend for FY25 at Rs 20 per share
The Board of Directors of Persistent Systems Limited has approved the payment of an interim dividend of ₹20 per equity share (face value of ₹5 each) for the financial year 2024-25. This announcement r...
Persistent Systems Q3 FY25 Results: Revenue surges 22.6% YoY to Rs 3062.28 crore, Profit rises 30.3%
Persistent Systems Limited announced robust financial results for the quarter ending December 31, 2024, reporting strong year-on-year (YoY) and sequential growth. Key Financial Highlights: Revenue fro...
Persistent Systems shares drop over 6% ahead of Q3 results
Shares of Persistent Systems Ltd., one of the best-performing stocks on the Nifty IT index in 2024, fell over 6% on Wednesday, January 22. The decline comes as the company prepares to report its Decem...