Persistent Systems Limited (NSE:PERSISTENT)

India flag India · Delayed Price · Currency is INR
5,441.00
-28.50 (-0.52%)
May 9, 2025, 3:30 PM IST
60.61%
Market Cap 809.37B
Revenue (ttm) 119.39B
Net Income (ttm) 14.00B
Shares Out 148.70M
EPS (ttm) 90.24
PE Ratio 60.32
Forward PE 48.51
Dividend 35.00 (0.64%)
Ex-Dividend Date Jan 31, 2025
Volume 299,418
Average Volume 805,274
Open 5,315.50
Previous Close 5,469.50
Day's Range 5,315.50 - 5,488.00
52-Week Range 3,232.05 - 6,788.90
Beta 0.69
RSI 56.89
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]

Sector Technology
Founded 1990
Employees 21,950
Stock Exchange National Stock Exchange of India
Ticker Symbol PERSISTENT
Full Company Profile

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 Statements

News

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...

15 days ago - Business Upturn

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,...

15 days ago - Business Upturn

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...

15 days ago - Business Upturn

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...

15 days ago - Business Upturn

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. ...

4 weeks ago - Business Upturn

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...

7 weeks ago - Business Upturn

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...

7 weeks ago - Business Upturn

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...

2 months ago - Business Upturn

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...

2 months ago - Business Upturn

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...

2 months ago - Business Upturn

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...

2 months ago - Business Upturn

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’...

3 months ago - Business Upturn

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...

3 months ago - Business Upturn

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...

3 months ago - The Times of India

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,...

3 months ago - Business Upturn

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...

3 months ago - Business Upturn

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...

3 months ago - Business Upturn

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 ...

3 months ago - Business Upturn

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...

3 months ago - Business Upturn

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...

3 months ago - Business Upturn

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...

3 months ago - Business Upturn

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...

3 months ago - Business Upturn

Most Active Stocks Today: MCX up 3.78%, HDFC Bank up 0.22%, ICICI Prudential down 8.22%, Persistent Systems down 5.58%

On January 22, 2025, the Indian stock market showcased significant activity across various sectors. Here’s a quick look at the most active stocks based on trading value and percentage changes: Top Gai...

3 months ago - Business Upturn

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...

4 months ago - Business Upturn

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 (...

4 months ago - Business Upturn