Persistent recommends final dividend of Rs 12
The company also added that a special dividend is being recommended for achieving $1 billion in annual revenue and will be paid along with the final dividend.
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The company also added that a special dividend is being recommended for achieving $1 billion in annual revenue and will be paid along with the final dividend.
In its preview research report, ICICI Direct analysts said that Q4 is seasonally weak for IT companies on account of fewer working days, some additional furloughs in January.
Persistent Systems shares touched an intraday low of Rs 4,220.8, down 2.86% on BSE. Market cap of the firm fell to Rs 32,447 crore
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