Persistent Systems Limited (NSE: PERSISTENT)
India
· Delayed Price · Currency is INR | Market Cap | 841.08B |
| Revenue (ttm) | 107.55B |
| Net Income (ttm) | 12.33B |
| Shares Out | 146.90M |
| EPS (ttm) | 79.95 |
| PE Ratio | 71.61 |
| Forward PE | 58.43 |
| Dividend | 26.00 (0.46%) |
| Ex-Dividend Date | Jul 9, 2024 |
| Volume | 249,353 |
| Open | 5,780.00 |
| Previous Close | 5,725.50 |
| Day's Range | 5,759.55 - 5,868.75 |
| 52-Week Range | 3,135.40 - 5,868.75 |
| Beta | 0.69 |
| Analysts | n/a |
| Price Target | n/a |
| 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
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...
Coforge and Persistent Systems surge over 10% today: Check out the details
As of 11:02 AM, two major IT stocks—Coforge and Persistent Systems—have surged significantly, both registering gains of over 10%. Coforge Ltd: The stock is up 11.01%, gaining ₹748.60, bringing its pri...
Persistent Systems sees ₹8,850 crore gain to market cap after as shares surge 11%, strong Q2 results
Persistent Systems Ltd saw its shares jump by 11.10% on October 23, 2024, closing at ₹5,731.00, up from ₹5,158.20. This surge in stock price led to a market capitalization gain of approximately ₹8,850...
Why Persistent Systems shares are surging over 11% – Know more
Persistent Systems shares surged by more than 11% after the company delivered better-than-expected Q2 FY25 results, surpassing market expectations. The company’s strong performance was driven by highe...
Persistent Systems shares surge over 6% as Q2 FY25 revenue and net profit beat estimates
Persistent Systems shares jumped by over 6% after the company reported strong Q2 FY25 results, exceeding market expectations. The company posted a constant currency revenue growth of 5%, higher than t...
Persistent Systems: Should you hold, sell or buy? See what Nomura says
Persistent Systems delivered resilient growth in Q2, but Nomura is maintaining a cautious stance on the stock. Nomura has maintained a neutral rating on Persistent Systems, with a target price of ₹5,2...
IT Stocks to Watch After Q2 Results: Persistent Systems, Coforge
Several IT companies have reported their Q2 FY25 results, showing strong growth in both revenue and profitability. Here’s a breakdown of the key results from Persistent Systems and Coforge, making the...
Persistent Systems Q2 FY25 results: Revenue rises 5.9% QoQ to ₹2,897.15 cr, net profit increases 6.1% to ₹324.99 cr
Persistent Systems has announced its Q2 FY25 financial results, showing steady growth in both revenue and net profit on a quarter-on-quarter (QoQ) basis. Key Financial Highlights: Revenue: The company...
Persistent Systems launches SASVA 2.0 to revolutionize software development
Persistent Systems, a global leader in digital engineering and enterprise modernization, has recently launched SASVA 2.0, the newest generation of its flagship AI-powered platform that uses generative...
Persistent Systems achieves carbon neutrality for scope 1 and 2 emissions, aiming for net-zero by 2050
Persistent Systems has successfully achieved carbon neutrality for its Scope 1 and Scope 2 emissions for FY23-24, a full year ahead of its target. This milestone, verified by DNV Business Assurance, s...
IT Stocks Update: Persistent, LTTS, Wipro, Mphasis among top losers as IT stocks face pressure
IT stocks are trading under pressure today, with major names in the sector witnessing declines. Here’s a look at how the top IT stocks are performing: Persistent Systems: Down by 3.47%, trading at ₹5,...
Persistent Systems acquires Arrka to enhance data privacy and AI-driven business transformation
Persistent Systems, a global leader in Digital Engineering and Enterprise Modernization, has announced its intent to acquire Pune-based Arrka, a company recognized for its decade-long expertise in dat...
Motilal Oswal turns bullish on IT sector, expects up to 26% upside in stocks
Motilal Oswal expects significant upside in leading IT stocks, with projected gains of up to 26%. MOSL's top picks for the sector include HCL Technologies, LTIMindtree, and Persistent Systems, among o...
Motilal Oswal maintains ‘Buy’ rating on Persistent Systems
Motilal Oswal Financial Services (MOSL) has reiterated its “Buy” recommendation for Persistent Systems, with a target price of Rs 6,300 per share. The brokerage firm’s analysis highlights Persistent’s...
Stock Market Live: Nifty IT index hits record high, global cues drive stocks higher
The Nifty IT index has achieved a new record high, reaching 41,746.55 points and currently trading 1% higher. This milestone reflects a strong performance in the technology sector, driven by positive ...