₹3528.45▲1.35%
1.32%
Low
Day's Volatility:1.96%
High
0.65%
34.33%
Low
52 Weeks Volatility:186.56%
High
152.24%
Returns % | |
1 Month Return | -9.77 % |
3 Month Return | -21.5 % |
1 Year Return | + 47.58 % |
Market Stats | |
Previous Close | ₹₹3,481.45 |
Open | ₹₹3,520.00 |
Volume | ₹5.22L |
Upper Circuit | ₹- |
Lower Circuit | ₹- |
Market Cap | ₹₹53,631.74Cr |
based on 31 analysts
Based on 31 analysts offering long term price targets for Persistent Systems Ltd. An average target of ₹3723.39
Source: S&P Global Market Intelligence
Organisation | Persistent Systems Ltd |
Headquarters | |
Industry | IT - Software |
E-voting on shares | Click here to vote |
Key events for Persistent Systems Ltd
Persistent Systems has appointed Vinit Teredesai as its new CFO, succeeding Sunil Sapre. The company reported a YoY growth in consolidated revenue and recommended a final dividend of ₹10 per share for the fiscal year 2024. The stock has remained steady amidst market fluctuations.
Persistent Systems Demonstrates Robust Financial Performance - 15 May, 2024
Persistent Systems, a growth-oriented company with high insider ownership in India, has demonstrated robust financial performance with earnings growing at 27% annually over the past five years. Recent initiatives like the launch of Persistent iAURA, an AI-powered data solution suite, underscore its commitment to leveraging advanced technology for business growth.
Persistent Systems Launches iAURA to Address Data Challenges in AI Deployment - 07 May, 2024
Persistent Systems has launched iAURA, an AI and ML-powered portfolio that addresses data challenges in the deployment of artificial intelligence. The portfolio includes iAURA Insights, which enables teams to extract business insights from data using natural language; iAURA Migrate, which automates migration and modernisation of data technologies using GenAI-enabled tools; and iAURA Platforms, which assists clients in managing tool choice, governance, security, and cost through data and AI platform services. However, Persistent Systems' shares were down by 1.21% to ₹3,350 on the BSE.
Persistent Systems Ltd's EPS Estimates Downgraded by Analysts - 26 Apr, 2024
Analysts have downgraded Persistent Systems Ltd's earnings per share estimates, leading to a decline in sentiment. However, revenue forecasts remain unchanged with the business expected to grow faster than the wider industry. The consensus price target has fallen measurably, indicating lower future valuation.
Persistent Systems Reports Strong Q4 Results; Rating Upgraded to ACCUMULATE - 25 Apr, 2024
Persistent Systems reports strong Q4 results with significant YoY revenue and profit growth. KR Chokseys research report upgrades rating to ACCUMULATE despite lowered TP due to margin pressure and macro environment challenges.
Persistent Systems Stock Drops After Margin Expansion Delay - 24 Apr, 2024
Persistent Systems' stock drops over 10% in three trading sessions after announcing the delay of estimated operating margin expansion beyond FY25, leading analysts to cut EPS forecasts. However, Axis Securities maintains a buy call with a target price of Rs 4350.
Persistent Systems Faces Margin Woes; Analysts Cut EPS Estimates - 23 Apr, 2024
Persistent Systems faces headwinds as brokerages cut their earnings per share estimates for FY25 by 5-8%. The company's muted margin performance in Q4 is the key worry for investors.
Persistent Systems Shares Fall Due to Lower Margins - 22 Apr, 2024
Persistent Systems' Q4FY24 net profit grew 25.4%, but margins were impacted leading to a 9.7% drop in share price. Flat margin guidance for FY25 disappointed investors.
Persistent Systems Reports Rise in Net Profit for Q4 FY24 - 21 Apr, 2024
Mid-tier IT services firm Persistent Systems reported a rise in net profit to Rs 3153.21 million for Q4 FY24, up 10.20% QoQ, with consolidated revenue at Rs 25,905.26 million. The Board has recommended a final dividend of Rs 10 per Equity Share.
Fundamentals of Persistent Systems Ltd
Insights help you understand the recent movement of the company's critical parameters, giving you an overall view of the company.
FII Holding Up
Foreign Institutions have increased holdings from 24.55% to 24.96% in Mar 2024 quarter
Revenue Rich
Revenue is up for the last 14 quarters, 1.10K Cr → 2.62K Cr (in ₹), with an average increase of 6.4% per quarter
Profit Spike
Netprofit is up for the last 4 quarters, 228.77 Cr → 315.32 Cr (in ₹), with an average increase of 10.1% per quarter
Retail Holding Up
Retail Investor have increased holdings from 16.91% to 17.02% in Mar 2024 quarter
Price Dip
In the last 1 month, PERSISTENT stock has moved down by -9.8%
MF Holding Down
Mutual Funds have decreased holdings from 22.35% to 21.01% in Mar 2024 quarter
Promoter Holding Down
Promoters have decreased holdings from 31.06% to 31.02% in Mar 2024 quarter
Persistent Systems Ltd in the last 5 years
Lowest (7.47x)
March 28, 2019
Industry (32.92x)
May 15, 2024
Today (48.09x)
May 15, 2024
Highest (64.75x)
February 16, 2024
Investors | Holdings % | Prev. 1 periods | 3M change |
---|---|---|---|
Promoter Holdings | 31.02% | 0.00 | |
Foreign Institutions | 24.96% | 0.00 | |
Mutual Funds | 21.01% | 0.00 | |
Retail Investors | 17.02% | 0.00 | |
Others | 5.98% | 0.00 |
Technicals of Persistent Systems Ltd share
News & Events of Persistent Systems Ltd
Persistent Systems Ltd (PERSISTENT) share price today is ₹3528.45
Persistent Systems Ltd is listed on NSE
Persistent Systems Ltd is listed on BSE
PE Ratio of Persistent Systems Ltd is 48.09
PE ratio = Persistent Systems Ltd Market price per share / Persistent Systems Ltd Earnings per share
Today’s traded volume of Persistent Systems Ltd(PERSISTENT) is 5.22L.
Today’s market capitalisation of Persistent Systems Ltd(PERSISTENT) is ₹53631.74Cr.
Persistent Systems Ltd(PERSISTENT | Price |
---|---|
52 Week High | ₹8900 |
52 Week Low | ₹2317.18 |
Persistent Systems Ltd(PERSISTENT) share price is ₹3528.45. It is down -60.35% from its 52 Week High price of ₹8900
Persistent Systems Ltd(PERSISTENT) share price is ₹3528.45. It is up 52.27% from its 52 Week Low price of ₹2317.18
Persistent Systems Ltd(PERSISTENT | Returns |
---|---|
1 Day Returns | 47% |
1 Month Returns | -9.77% |
3 Month Returns | -21.5% |
1 Year Returns | 47.58% |