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Persistent Systems Ltd rose for a third straight session today. The stock is quoting at Rs 5015, up 1.85% on the day as on 12:49 IST on the NSE. The benchmark NIFTY is up around 0.4% on the day, quoting at 19642.65. The Sensex is at 66344.78, up 0.43%. Persistent Systems Ltd has gained around 1.45% in last one month. Meanwhile, Nifty FMCG index of which Persistent Systems Ltd is a constituent, has gained around 9% in last one month and is currently quoting at 30945.5, up 1.12% on the day. The volume in the stock stood at 4 lakh shares today, compared to the daily average of 3.09 lakh shares in last one month. The benchmark July futures contract for the stock is quoting at Rs 5047, up 2.04% on the day. Persistent Systems Ltd is up 54.27% in last one year as compared to a 20.67% jump in NIFTY and a 14.53% jump in the Nifty FMCG index. The PE of the stock is 46.88 based on TTM earnings ending March 23.
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