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Persistent Systems Ltd gained for a third straight session today. The stock is quoting at Rs 4500, up 1.69% on the day as on 12:49 IST on the NSE. The benchmark NIFTY is up around 0.1% on the day, quoting at 16968.95. The Sensex is at 57625.92, up 0.02%. Persistent Systems Ltd has dropped around 8.31% in last one month. Meanwhile, Nifty FMCG index of which Persistent Systems Ltd is a constituent, has dropped around 7.61% in last one month and is currently quoting at 27702.75, up 0.37% on the day. The volume in the stock stood at 2.59 lakh shares today, compared to the daily average of 3.16 lakh shares in last one month. The benchmark March futures contract for the stock is quoting at Rs 4502.5, up 1.69% on the day. Persistent Systems Ltd is down 6% in last one year as compared to a 3.02% drop in NIFTY and a 23.74% drop in the Nifty FMCG index. The PE of the stock is 45.11 based on TTM earnings ending December 22.
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