Persistent Systems Ltd gained for a fifth straight session today. The stock is quoting at Rs 7708.95, up 0.7% on the day as on 12:44 IST on the NSE. The benchmark NIFTY is up around 0.75% on the day, quoting at 22058.55. The Sensex is at 73165.16, up 0.82%. Persistent Systems Ltd has gained around 7.87% in last one month. Meanwhile, Nifty IT index of which Persistent Systems Ltd is a constituent, has gained around 4.19% in last one month and is currently quoting at 36521.7, up 1.8% on the day. The volume in the stock stood at 2.62 lakh shares today, compared to the daily average of 3.02 lakh shares in last one month. The benchmark January futures contract for the stock is quoting at Rs 7671.35, up 0.24% on the day. Persistent Systems Ltd is up 93.98% in last one year as compared to a 23.27% jump in NIFTY and a 27.05% jump in the Nifty IT index. The PE of the stock is 58.53 based on TTM earnings ending September 23.
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