Maintain BUY on Persistent Systems - Structural pivot to high growth - HDFC Securities
Maintain BUY on Persistent Systems - Structural pivot to high growth - HDFC Securities Posted On: 2021-02-03 09:56:51 (Time Zone: Arizona, USA) Mr. Apurva Prasad, Institutional Research Analyst, HDFC Securities & Mr. Amit Chandra, Institutional Research Analyst, HDFC Securities We maintain BUY on Persistent Systems (PSYS) and assign it in our top picks, due to a solid 3Q (in-line), strong growth visibility supported by robust TCV bookings (including high ACV component), and a structural pivot towards high growth. The strong technology-led differentiation overlaid by improved client minin...