Hot Pursuit     16-Aug-23
Persistent Systems Ltd gains for third consecutive session
Persistent Systems Ltd is quoting at Rs 4990.85, up 1.07% on the day as on 12:49 IST on the NSE. The stock is up 31.45% in last one year as compared to a 8.12% jump in NIFTY and a 3.33% jump in the Nifty FMCG index.

Persistent Systems Ltd rose for a third straight session today. The stock is quoting at Rs 4990.85, up 1.07% on the day as on 12:49 IST on the NSE. The benchmark NIFTY is down around 0.17% on the day, quoting at 19401.3. The Sensex is at 65322.42, down 0.12%. Persistent Systems Ltd has gained around 0.58% in last one month.

Meanwhile, Nifty FMCG index of which Persistent Systems Ltd is a constituent, has gained around 0.72% in last one month and is currently quoting at 31028.9, up 0.76% on the day. The volume in the stock stood at 2.25 lakh shares today, compared to the daily average of 4.18 lakh shares in last one month.

The benchmark August futures contract for the stock is quoting at Rs 4997.2, up 0.79% on the day. Persistent Systems Ltd is up 31.45% in last one year as compared to a 8.12% jump in NIFTY and a 3.33% jump in the Nifty FMCG index.

The PE of the stock is 42.8 based on TTM earnings ending June 23.

Previous News
  Persistent Systems drops after mgmt expects flat margin for FY25; EBIT margin remains flat at 14.5% QoQ in Q4
 ( Hot Pursuit - 22-Apr-24   11:17 )
  Barometers drift lower; Nifty below 24,800; breadth negative
 ( Market Commentary - Mid-Session 19-Jul-24   09:42 )
  Persistent Systems jumps after Q2 PAT rises 15% QoQ to Rs 263 cr
 ( Hot Pursuit - 19-Oct-23   10:05 )
  Board of Persistent Systems recommends final dividend
 ( Corporate News - 22-Apr-24   08:33 )
  Persistent Systems allots 1 lakh equity shares to ESOP Trust
 ( Corporate News - 01-Feb-24   19:24 )
  Persistent Systems drops after Q1 PAT slips 2% QoQ to Rs 306 cr
 ( Hot Pursuit - 19-Jul-24   10:54 )
  Persistent Systems wins CNBC-TV18's Most Promising Company Award
 ( Corporate News - 04-Dec-23   09:27 )
  Persistent Systems Ltd spurts 0.06%, rises for fifth straight session
 ( Hot Pursuit - 06-Nov-23   13:00 )
  Persistent Systems gains on bargain hunting
 ( Hot Pursuit - 08-Dec-22   13:05 )
  Persistent Systems launches unique open-source maintenance service
 ( Corporate News - 20-Nov-23   15:57 )
  Persistent Systems consolidated net profit rises 58.59% in the September 2021 quarter
 ( Results - Announcements 27-Oct-21   08:21 )
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