Persistent Systems shares slump 9% on Q4 miss, flat FY25 margin guidance
Persistent Systems reported a 25.36 percent rise in net profit at Rs 315.3 crore year-on-year for the fourth quarter
Source: moneycontrol.com
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Infosys, HCL Tech, TCS, Persistent, Coforge, Mphasis shares: What to watch in IT Q4 results
For Infosys, Nirmal Bang expects total contract value (TCV) in the $2-3 billion range. For HCL, Nirmal Bang sees TCV to come in the guided range on the back of a healthy pipeline.
Source: businesstoday.in
KPIT Tech, Persistent Systems, Coforge shares: 3 IT stock picks by Axis Securities
Persistent Systems continues to report strong growth even during the challenging times with increasing client engagement, Axis Securities said. The broking firm assigned KPIT Tech target price based on 47x FY26E EPS .
Source: businesstoday.in
Persistent Systems shares to turn ex-dividend today: Price targets, outlook, technicals and more
Multibagger stock: Persistent Systems shares ended 3.05% percent higher at Rs 8639.30 on Monday against the previous close of Rs 8,383.55 on BSE. Market cap of the firm rose to Rs 66,457 crore on BSE.
Source: businesstoday.in
Sustained deal momentum, rising utilisation to support Persistent's performance
The company’s revenue increased by 3% sequentially in the December quarter to $300.6 million, one of the highest growth rates among peers. In rupee terms, it rose by 3.6% to Rs 24,982.2 crore while net profit grew by 8.7% to Rs 2,861.3 crore.
Source: indiatimes.com