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The Persistent Systems stock hit a record high of Rs 6144 on October 27, 2023, but it failed to hold on to the momentum and witnessed some selling pressure. The chart structure suggests that the rally may not be over and short-term traders can buy the stock for a possible target of Rs 6150 and beyond, suggest experts. ....
The company s consolidated revenue for the quarter under review came at Rs 2411.67 crore, a rise of 17.7% YoY, and a 3.9% gain sequentially. While, the dollar revenue came at $291.71 million, a 14.1% increase as compared to the year-ago period. ....