Current price is more than the intrinsic value

Intrinsic Value

Stock has been generating better return on equity than bank FD

ROE vs FD rates

Dividend Returns

Good time to consider, as stock is not in overbought zone

Entry Point

Stock not in ASM/GSM lists and not a lot of promoter holding is pledged

No Red Flags

Persistent Systems Ltd is quoting at Rs 4029, up 1.47% on the day as on 12:44 IST on the NSE. The stock is up 0.42% in last one year as compared to a 8.94% jump in NIFTY and a 12.54% jump in the Nifty FMCG.

Persistent Systems Ltd soars 1.47%, rises for fifth straight session

Here is what the charts say about the shares of GSPL, NCC and Persistent Systems

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Based on the open interest future percentage, there were 80 stocks, in which short-covering was seen include Escorts, Deepak Nitrite, Polycab India, Coal India, and Persistent Systems.

Trade setup for today: Top 15 things to know before the opening bell

“Some of the midcap IT names have shown a bit of a resilience and when we look at the numbers – be it MindTree, LTI, LTTS and Persistent Systems – many of these companies have delivered extremely good sets of numbers and improved margins. There is a case for some sort of a revival in the broader IT …

Hemang Jani on why he would avoid Tata Steel, go for HCL Tech, SBI now

Based on the open interest future percentage, there were 76 stocks in which a short build-up was seen including Aarti Industries, Metropolis Healthcare, AU Small Finance Bank, Persistent Systems, and Apollo Tyres.

Companies including ITC, EY, Flipkart, JPMorgan Chase, Genpact and Persistent Systems are focusing on a bunch of initiatives to make environmental sustainability a part of their core mission.

India Inc steps up Climate Change fight

The brokerage company ICICI Direct Research has recommended buying two multibagger stocks, Persistent Systems Limited and Indian Hotels Company Ltd

2 multibagger stocks could rise up to 14% in 3 months of holdings: Buy?

It is critical for organisations to focus not only on cybersecurity but also on improving their recovery processes.

Persistent Systems unveils innovative cyber recovery solution with Google Cloud; stock jumps ~2%

Anand Rathi is bullish on Persistent Systems has recommended buy rating on the stock with a target price of Rs 4410 in its research report dated October 21, 2022.

Buy Persistent Systems; target of Rs 4410: Anand Rathi

Emkay Global Financial is bullish on Persistent Systems has recommended buy rating on the stock with a target price of Rs 3950 in its research report dated October 21, 2022.

Buy Persistent Systems; target of Rs 3950: Emkay Global Financial

KR Choksey recommended accumulate rating on Persistent Systems with a target price of Rs 4131 in its research report dated October 21, 2022.

Accumulate Persistent Systems; target of Rs 4131: KR Choksey

Persistent Systems Limited is an India-based holding company engaged in the business of providing software products and technology services. The Company provides a range of services, including digital strategy and design, software product engineering, client experiences (CX) transformation, cloud & infrastructure, intelligent automation, enterprise information technology (IT) security and data and analytics. The Company serves various industries, including banking, financial services and insurance, healthcare and life sciences, industrial, software and hi-tech and telecom and media. The Company’s subsidiaries include Persistent Systems, Inc. (PSI), Persistent Systems Pte Ltd., Persistent Systems France SAS, Persistent Systems Malaysia Sdn. Bhd., Persistent Systems Germany GmbH (PSGG), Persistent Telecom Solutions Inc, Aepona Group Limited (AGL), Aepona Limited, Youperience GmbH (YGmbH) and Youperience Limited.

Persistent Systems Ltd

Persistent Systems Ltd

Intrinsic Value
Intrinsic value is the calculated value of the company and may differ from current stock price. If intrinsic value > current price, price increase is expected in the future to reduce the gap and vice-versa

ROE vs FD rates
Fixed Deposit rate is a virtually risk-free rate where the investor assumes almost no risk on their investment. If stock's long term average ROE is lower than this rate, investors are better off investing the amount in a FD

Dividend Returns
A dividend is the distribution of reward from a portion of company's earnings and is paid to its shareholders. Good dividend returns indicate good health and outlook for the company

Entry Point
High demand for a stock increases its price. If the price is pushed up to a level which is not justified, then it's considered to be in the overbought zone, which is not a good time to buy the stock

News & Opinions

Persistent Systems Ltd soars 1.47%, rises for fifth straight session

Movers & Shakers: Stocks that will see action this week

Trade setup for today: Top 15 things to know before the opening bell

Hemang Jani on why he would avoid Tata Steel, go for HCL Tech, SBI now

Trade setup for today: Top 15 things to know before the opening bell

India Inc steps up Climate Change fight

2 multibagger stocks could rise up to 14% in 3 months of holdings: Buy?

Persistent Systems unveils innovative cyber recovery solution with Google Cloud; stock jumps ~2%

Buy Persistent Systems; target of Rs 4410: Anand Rathi

Buy Persistent Systems; target of Rs 3950: Emkay Global Financial

Persistent Systems Ltd

Intrinsic ValueIntrinsic value is the calculated value of the company and may differ from current stock price. If intrinsic value > current price, price increase is expected in the future to reduce the gap and vice-versa

ROE vs FD ratesFixed Deposit rate is a virtually risk-free rate where the investor assumes almost no risk on their investment. If stock's long term average ROE is lower than this rate, investors are better off investing the amount in a FD

Dividend ReturnsA dividend is the distribution of reward from a portion of company's earnings and is paid to its shareholders. Good dividend returns indicate good health and outlook for the company

Entry PointHigh demand for a stock increases its price. If the price is pushed up to a level which is not justified, then it's considered to be in the overbought zone, which is not a good time to buy the stock

News & Opinions

Persistent Systems Ltd soars 1.47%, rises for fifth straight session

Movers & Shakers: Stocks that will see action this week

Trade setup for today: Top 15 things to know before the opening bell

Hemang Jani on why he would avoid Tata Steel, go for HCL Tech, SBI now

Trade setup for today: Top 15 things to know before the opening bell

India Inc steps up Climate Change fight

2 multibagger stocks could rise up to 14% in 3 months of holdings: Buy?

Persistent Systems unveils innovative cyber recovery solution with Google Cloud; stock jumps ~2%

Buy Persistent Systems; target of Rs 4410: Anand Rathi

Buy Persistent Systems; target of Rs 3950: Emkay Global Financial

Intrinsic Value
Intrinsic value is the calculated value of the company and may differ from current stock price. If intrinsic value > current price, price increase is expected in the future to reduce the gap and vice-versa

ROE vs FD rates
Fixed Deposit rate is a virtually risk-free rate where the investor assumes almost no risk on their investment. If stock's long term average ROE is lower than this rate, investors are better off investing the amount in a FD

Dividend Returns
A dividend is the distribution of reward from a portion of company's earnings and is paid to its shareholders. Good dividend returns indicate good health and outlook for the company

Entry Point
High demand for a stock increases its price. If the price is pushed up to a level which is not justified, then it's considered to be in the overbought zone, which is not a good time to buy the stock