Intrinsic Value

Stock has been generating better return on equity than bank FD

Returns 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

On the back of good growth, the stock has returned 271 per cent in the last one year and is at ₹4157 levels now

Why you should book profit in Persistent Systems stock

L&T Infotech and Persistent Systems as well as Mindtree and Coforge are working on their branding to attract freshers and win lateral hires from the likes of Tata Consultancy Services (TCS), Infosys and Wipro.

For India’s midsized IT firms, freshers are key to winning the talent war

Infosys expanded its Esop pool earlier this year while a much smaller Persistent Systems has rolled out an Esop covering almost 80% its employees.

Indian IT use work environment, learning and Esops to retain people amid talent war

Prabhudas Lilladher is bullish on Persistent Systems has recommended buy rating on the stock with a target price of Rs 4641 in its research report dated October 28, 2021.

Buy Persistent Systems; Target Of Rs 4641: Prabhudas Lilladher

Sharekhan is bullish on Persistent Systems has recommended buy on the stock with a revised price target (PT) of Rs. 4,730 in its research report dated October 27, 2021.

Buy Persistent Systems; Target Of Rs 4,730: Sharekhan

Persistent Systems Q2 Review - Result Beat On All Counts, Growth Metrics On Track: Dolat Capital

Persistent Systems, a Pune-based mid-tier IT services firm, has clocked $225-300 million in average deal wins over the past four quarters, a trend that CEO Sandeep Kalra says is likely to continue.

Persistent Systems is banking on deal wins to sustain growth momentum

Sandeep Kalra, ED & President of Persistent systems says they want to maintain 16-17% margin while accelerating growth. 

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Sandeep Kalra Of Persistent Systems Speaks On The Firm's Q2 Results | Bazaar Corporate Radar

Tech firm Persistent Systems on Tuesday reported a 58.6% rise in consolidated net profit to Rs 161.7 crore for the September 2021 quarter. The company had registered a profit of Rs 101.9 crore in the year-ago period, it said in a statement. Revenue from operations increased 34.1% to Rs 1,351.2 crore during the quarter under review as against Rs 1,007.7 crore a year ago, it added. In dollar terms, the company's revenue grew 34% to USD 182.32 million during the quarter from USD 136.09 million in the same period last fiscal. Sandeep Kalra, Executive Director & CEO, Persistent Systems shares details on Q2 TCV and deal wins.
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Earnings With ET NOW | New deal wins drive Q2 profit | Sandeep Kalra, Persistent Systems

Persistent Systems reported stable set of earnings along with improvement in margins. CEO Sandeep Kalra shares strategies to maintain growth momentum. #BQLive #Q2WithBQ


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Talking Point: Persistent Systems' Growth Strategies & Projections

Persistent Systems advanced 2.72% to Rs 4041.45 after the company reported 6.9% rise in consolidated net profit to Rs 161.75 crore on a 9.9% increase in revenue to Rs 1,351.24 crore in Q2 FY22 over Q1 FY22.

Persistent Systems gains after Q2 PAT rises 7% QoQ

Persistent Systems Limited is engaged in the business of building software products. The Company offers complete product life cycle services.

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

Returns 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 return on equity 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

Why you should book profit in Persistent Systems stock

For India’s midsized IT firms, freshers are key to winning the talent war

Indian IT use work environment, learning and Esops to retain people amid talent war

Buy Persistent Systems; Target Of Rs 4641: Prabhudas Lilladher

Buy Persistent Systems; Target Of Rs 4,730: Sharekhan

Persistent Systems Q2 Review - Result Beat On All Counts, Growth Metrics On Track: Dolat Capital

Persistent Systems is banking on deal wins to sustain growth momentum

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

Returns vs FD ratesFixed Deposit rate is a virtually risk-free rate where the investor assumes almost no risk on their investment. If stock's return on equity 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

Why you should book profit in Persistent Systems stock

For India’s midsized IT firms, freshers are key to winning the talent war

Indian IT use work environment, learning and Esops to retain people amid talent war

Buy Persistent Systems; Target Of Rs 4641: Prabhudas Lilladher

Buy Persistent Systems; Target Of Rs 4,730: Sharekhan

Persistent Systems Q2 Review - Result Beat On All Counts, Growth Metrics On Track: Dolat Capital

Persistent Systems is banking on deal wins to sustain growth momentum

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

Returns 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 return on equity 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