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Persistent Systems Ltd Board approves Dividend of Rs 6

Persistent Systems Ltd Board approves Dividend of Rs 6
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Persistent systems ltdPersistent systems ltd boardSystems ltd boardTime zoneFinal dividendEquity shareFinancial yearAnnual general meetingBook closureதொடர்ந்து அமைப்புகள் லிமிடெட்தொடர்ந்து அமைப்புகள் லிமிடெட் பலகைஅமைப்புகள் லிமிடெட் பலகைநேரம் ஸோந்இறுதி ஈவுத்தொகைபங்கு பகிர்நிதி ஆண்டு

Persistent Systems Ltd Q4FY21 consolidated PAT climbs to Rs 137 75 crore

Persistent Systems Ltd Q4FY21 consolidated PAT climbs to Rs 137 75 crore
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Persistent systems ltdTime zoneதொடர்ந்து அமைப்புகள் லிமிடெட்நேரம் ஸோந்

Information Technology shares fall

Information Technology stocks were trading in the negative zone, with the S&P BSE IT Sector index falling 144.28 points or 0.54% at 26641.41 at 13:49 IST. Among the components of the S&P BSE IT Sector index, HCL Technologies Ltd (down 2.89%), L&T Technology Services Ltd (down 2.81%),TVS Electronics Ltd (down 1.81%),HCL Infosystems Ltd (down 1.71%),Larsen & Toubro Infotech Ltd (down 1.56%), were the top losers. Among the other losers were Persistent Systems Ltd (down 1.53%), Mindtree Ltd (down 1.48%), Tech Mahindra Ltd (down 1.38%), Coforge Ltd (down 1.25%), and Tata Elxsi Ltd (down 0.62%). On the other hand, Subex Ltd (up 13.9%), 63 Moons Technologies Ltd (up 5.37%), and Aptech Ltd (up 5.36%) moved up.

Infosystems ltdSubex ltdMoons technologies ltdTechnologies ltdLt technology services ltdCoforge ltdTech mahindra ltdAptech ltdLarsen toubro infotech ltdInformation technologyPersistent systems ltdElectronics ltdMindtree ltdTata elxsi ltdToubro infotech ltdCapital market

Information Technology stocks slide

Broker s call: Persistent Systems (Buy) - The Hindu BusinessLine

Broker s call: Persistent Systems (Buy) | Updated on CMP: ₹1961.10 Persistent Systems Ltd is on track to reach the $1 billion revenue milestone by FY25 (implies nearly 15.4 per cent CAGR over FY21-25) on the back of continued strong traction in the Technology Services business, anticipated recovery in the Alliance business and M&A. The Technology Services business is likely to sustain a 3.5-5 per cent CQGR in the medium term (4.4 per cent in last 6 qtrs), aided by strong deal wins (2.1x book-to-bill in Q3), healthy deal pipeline, growing annuity revenue (3/4th of revenue) and cross-selling opportunities across the client base. PSYS has over $250 million cash on the books and is actively pursuing M&A to augment its domain capabilities, digital offerings and expand presence in Europe. It aims to drive Europe revenue to 15-18 per cent of total revenue in 3-4 years from less than 10 per cent currently.

Technology servicesPersistent systems ltdSystems ltdEmkay globalPersistent systemsதொழில்நுட்பம் சேவைகள்தொடர்ந்து அமைப்புகள் லிமிடெட்அமைப்புகள் லிமிடெட்எம்காய் உலகளாவியதொடர்ந்து அமைப்புகள்