Persistent Systems Limited (NSE:PERSISTENT)

India flag India · Delayed Price · Currency is INR
4,682.70
+102.10 (2.23%)
Jul 3, 2026, 3:30 PM IST
Market Cap698.89B -20.9%
Revenue (ttm)147.48B +23.5%
Net Income18.65B +33.2%
EPS118.87 +31.7%
Shares Out 149.25M
PE Ratio39.39
Forward PE31.70
Dividend40.00 (0.85%)
Ex-Dividend DateJan 27, 2026
Volume1,551,341
Open4,670.00
Previous Close4,580.60
Day's Range4,640.40 - 4,766.00
52-Week Range4,244.50 - 6,599.00
Beta0.12
AnalystsBuy
Price Target5,527.68 (+18.05%)
Earnings DateJul 22, 2026

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 (BFSI); Healthcare & Life Sciences; and Technology Companies and Emerging Verticals 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; a... [Read more]

Sector Technology
Founded 1990
Employees 22,205
Stock Exchange National Stock Exchange of India
Ticker Symbol PERSISTENT
Full Company Profile

Financial Performance

In fiscal year 2026, Persistent Systems's revenue was 147.48 billion, an increase of 23.53% compared to the previous year's 119.39 billion. Earnings were 18.65 billion, an increase of 33.21%.

Financial Statements

Analyst Summary

According to 34 analysts, the average rating for PERSISTENT stock is "Buy." The 12-month stock price target is ₹5,528, which is an increase of 18.05% from the latest price.

Price Target
₹5,528
(18.05% upside)
Analyst Consensus: Buy
Stock Forecasts

News

IT stocks rising today despite Wipro ADR's 17% overnight plunge

IT stocks traded higher on Thursday, with Infosys, HCLTech, Coforge, TCS, Tech Mahindra, LTIMindtree and Persistent Systems among the key gainers, even as Wipro's ADR plunged nearly 17% overnight in…

3 days ago - Business Upturn

Debt's the way for Indian IT acquisition funding

Indian IT firms are increasingly embracing debt for significant acquisitions, a shift from their traditional cash-rich approach. Persistent Systems' $1.5 billion financing for its Nagarro deal exempli...

3 days ago - The Times of India

Persistent Systems completes acquisition of Concise Systems business

Persistent Systems has successfully completed the acquisition of a part of Concise Systems OÜ's business, based in Estonia. The acquisition, initially announced on May 28, 2026, has now fulfilled all…

3 days ago - Business Upturn

Nagarro CEO expects watchdog to probe share price jump before takeover bid announcement

German software developer Nagarro's CEO said on Monday he expects the country's financial watchdog to investigate a surge in its share price ahead of the announcement of a proposed takeover by Indian ...

5 days ago - Reuters

Nagarro shares surge 90% after Persistent Systems €1 billion takeover offer at €81 per share

Nagarro SE shares surged around 90% in early trading on Monday after Persistent Systems Ltd made a formal offer to acquire the German digital engineering firm at €81 per share.…

6 days ago - Business Upturn

IT sector stocks today, June 29: Persistent Systems falls 7.19%, Ramco Systems jumps 3.37%, Nazara Tech rises 1.51%

The Indian IT sector showed a mixed to negative trend in early trading on June 29, 2026. The S&P BSE IT index stood at 26,483.21, down 0.63% as of approximately…

6 days ago - Business Upturn

India's Persistent slides after $1.14 billion offer to buy Germany's Nagarro

India's Persistent Systems shares opened 7% lower on Monday, after the IT services firm offered to buy German firm Nagarro for 1 billion euros ($1.14 billion), according to Reuters calculations.

6 days ago - Reuters

Why are Persistent Systems shares falling 7% today? Explained

Persistent Systems shares fell nearly 8% in early trade on Monday, June 29, after investors reacted negatively to the company's proposed acquisition of Germany-listed IT services firm Nagarro. Analyst...

6 days ago - Business Upturn

Top stocks for trade today June 29: Persistent Systems, Alembic Pharma, Lupin, Adani Green, BEML and more

Indian stock markets are expected to keep several companies in focus on June 29 following corporate announcements, regulatory approvals, project wins, acquisitions, fundraising plans, and operational ...

6 days ago - Business Upturn

Persistent bids to buy German company for $1.3 billion

India Business News: BENGALURU: In one of the largest cross-border acquisitions by an Indian IT services company, Persistent Systems has launched an all-cash bid to acquir.

6 days ago - The Times of India

Persistent Systems uploads investor FAQs following Nagarro merger update

Persistent Systems Limited has uploaded investor frequently asked questions (FAQs) on its website, the company confirmed in a regulatory filing to the National Stock Exchange of India and BSE on…

6 days ago - Business Upturn

Persistent Systems Transcript: M&A announcement

A €1.27B all-cash acquisition will combine two complementary digital engineering firms, creating a $2.9B+ global AI powerhouse with 46,000+ employees in 40+ countries. The deal is expected to be EPS accretive from year one, with strong management alignment, robust financing, and a focus on growth, integration, and long-term value creation.

7 days ago - Transcripts

Persistent Systems Slides: M&A announcement

Persistent Systems has posted slides in relation to its latest quarterly earnings report, which was published on June 28, 2026.

7 days ago - Filings

Persistent Systems Press release: M&A announcement

Persistent Systems issued a press release on June 28, 2026, disclosing material business information to investors.

7 days ago - Filings

Persistent Systems Subsidiary Launches EUR 81/shr Takeover Offer For Nagarro

(RTTNews) - Galaxy Germany Holding SE, a wholly-owned subsidiary of Persistent Systems Limited, announced its intention to launch a voluntary public takeover offer for all outstanding shares of Nagarr...

7 days ago - Nasdaq

Persistent Systems secures USD 650M contract in strategic agreement

Persistent Systems has announced the execution of a long-term strategic services agreement with a global technology leader headquartered in the United States. This agreement, which spans six and a hal...

8 days ago - Business Upturn

Persistent and Nagarro announce business combination agreement with 140% premium offer

Persistent Systems Limited has announced a significant strategic move by signing a Business Combination Agreement with Nagarro SE to form the Persistent - Nagarro Group, a global leader in AI-led…

8 days ago - Business Upturn

Persistent Systems acquires 100% stake in Galaxy Germany Holding SE

Persistent Systems has announced the establishment of M/s. Galaxy Germany Holding SE as a wholly owned subsidiary. This acquisition was executed through a Share Purchase Agreement on June 26, 2026.…

8 days ago - Business Upturn

Persistent Systems acquires 21% stake in Nagarro SE for strategic expansion

Persistent Systems has announced the acquisition of a 21% stake in Nagarro SE, a listed entity in Germany, as part of its strategic expansion in the European region. The acquisition…

8 days ago - Business Upturn

Persistent wins CII award for excellence in disability inclusion 2026

Persistent Systems, a leader in digital engineering and enterprise modernisation, has been awarded the CII Award for Excellence in Disability Inclusion 2026 in the category of 'Best Employer – Physica...

16 days ago - Business Upturn

Infosys, TCS & other Indian IT stocks crash! How Accenture’s warning has led to big sell-off - what brokerages are saying

Infosys led the decline with a drop of more than 8%. Other major names, including Mphasis, TCS, Tech Mahindra, LTIMindtree, HCLTech and Persistent Systems, registered losses of around 5-6%.

16 days ago - The Times of India

Persistent celebrates 10 years of growth in Mexico with strategic nearshore capabilities

Persistent Systems has marked a significant milestone by celebrating a decade of growth in Mexico, enhancing its nearshore engineering and delivery capabilities. The company's Mexico centre has evolve...

18 days ago - Business Upturn

Persistent Systems to acquire up to 40,000 shares by end of Q1FY27

Persistent Systems has announced its plan to acquire up to 40,000 additional equity shares by the end of the first quarter of the financial year 2027. This move is part…

19 days ago - Business Upturn

Persistent announces partnership with San Francisco Unicorns for AI innovation

Persistent Systems has announced a strategic partnership with the San Francisco Unicorns for the 2026 Major League Cricket season. As the official Re(AI)magining™ Partner, Persistent aims to integrate...

20 days ago - Business Upturn

HCLTech, Persistent Systems fall over 3% each as Wall Street tech selloff hits Indian IT stocks on June 10

Indian information technology stocks fell sharply on June 10, tracking a broad technology selloff on Wall Street, with HCL Technologies and Persistent Systems leading declines of over 3% each as…

24 days ago - Business Upturn