Persistent Systems Ltd rose for a fifth straight session today. The stock is quoting at Rs 8257.9, up 4.25% on the day as on 12:44 IST on the NSE. The benchmark NIFTY is down around 0.79% on the day, quoting at 21401.25. The Sensex is at 70871.56, down 0.77%. Persistent Systems Ltd has added around 12.22% in last one month. Meanwhile, Nifty IT index of which Persistent Systems Ltd is a constituent, has added around 3.82% in last one month and is currently quoting at 36697.5, up 0.41% on the day. The volume in the stock stood at 11.25 lakh shares today, compared to the daily average of 2.69 lakh shares in last one month. The benchmark January futures contract for the stock is quoting at Rs 8346.15, up 5.37% on the day. Persistent Systems Ltd is up 79.98% in last one year as compared to a 18.12% gain in NIFTY and a 21.54% gain in the Nifty IT index. The PE of the stock is 60.63 based on TTM earnings ending September 23.
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