Nifty IT News and Updates

Name: Latest research reports of Persistent Systems Ltd. authored by Sharekhan and published by - Trendlyne research reports.
Item: Persistent Systems Ltd.
Rating: 5
Author: Sharekhan

Keep track of all breaking news on Nifty IT from all sources in a single place.

Load latest

Tata Consultancy Services Ltd.

10 Sep 2024

3620.40

5.24%

TCS Inks Deal With UK's Mansfield Building Society To Digitally Transform Business

NDTV Profit

The deal with Mansfield will strengthen the company's presence in the 'building societies' sector of the UK, a top TCS official said.

Tata Consultancy Ser.. has an average target of 4122.91 from 11 brokers.

TCS to digitise Mansfield Building Society's UK operations

Business Line | 10 Sep 2024

Tata Consultancy Services Ltd.

10 Sep 2024

3620.40

5.24%

TCS, Infosys IT Picks For Bernstein As Gen AI-Led Capex Paves Way To Recovery

NDTV Profit

Bernstein maintains 'outperform' rating on Infosys and Tata Consultancy Services.

Tata Consultancy Services Ltd. is trading above its 50 day SMA of 3485.4

Persistent Systems Ltd.

09 Sep 2024

5876.50

7.96%

Persistent Systems - Worries On Margins To Recede: Motilal Oswal

NDTV Profit

The brokerage estimates an 18% USD revenue compound annual growth rate for the company over FY24-FY27, which, combined with margin expansion, could result in a ~21%+ earnings per share CAGR.

KRChoksey upgraded Persistent Systems Ltd. to Hold with a price target of 5324.0 on 28 Apr, 2025.

Persistent Systems Ltd.

09 Sep 2024

5876.50

7.96%

Poised for another top Quartile performance

Buy: Persistent Systems Ltd.

Target

Sharekhan

We interacted with the management of Persistent Systems Limited (Persistent) to understand the business strategy and growth prospects of the company. The company is aspiring to achieve the USD2 billion revenue milestone, aided by its diversified product engineering and IT service offering.

Persistent Systems Ltd.'s price crossed above 100Day SMA today

Tata Consultancy Services Ltd.

08 Sep 2024

3620.40

5.24%

Mcap of eight of top-10 most valued firms erode by Rs 2 trn; TCS, LIC drop

Business Standard

The combined market valuation of eight of the top-10 most valued firms got eroded by Rs 2,01,699.77 crore last week, with Reliance Industries and Tata Consultancy Services emerging as the biggest laggards, in line with weak trends in equities. Last week, the BSE benchmark dropped 1,181.84 points, or 1.43 per cent. The market valuation of Reliance Industries tumbled Rs 60,824.68 crore to Rs 19,82,282.42 crore. The valuation of Tata Consultancy Services (TCS) slumped Rs 34,136.66 crore to Rs 16,12,762.51 crore. State Bank of India's valuation dropped Rs 29,495.84 crore to Rs 6,98,440.13 crore and that of Bharti Airtel diminished Rs 28,379.54 crore to Rs 8,76,207.58 crore. The market capitalisation (mcap) of Infosys tanked Rs 17,061.44 crore to Rs 7,89,819.06 crore and that of Life Insurance Corporation of India (LIC) eroded by Rs 16,381.74 crore to Rs 6,57,009.14 crore. ICICI Bank's mcap declined Rs 15,169.76 crore to Rs 8,51,204.65 crore and that of ITC was down Rs 250.11 crore to

Tata Consultancy Services Ltd. is trading above its 50 day SMA of 3485.4

Wipro Ltd.

06 Sep 2024

257.28

6.31%

Wipro To Help JFK International Air Terminal Meet Net Zero Emission Targets By 2050

NDTV Profit

JFKIAT's target is to reduce their Scope 1 and 2 emissions by 50% prior to 2030 and by 100% prior to 2050.

Number of FII/FPI investors increased from 932 to 1017 in Mar 2025 qtr.

Wipro leverages AI to improve diagnostic accuracy and cost-effectiveness in healthcare

Business Line | 05 Sep 2024

Persistent Systems Ltd.

06 Sep 2024

5876.50

7.96%

Worries on margins to recede

Buy: Persistent Systems Ltd.

Motilal Oswal

PSYS is targeting a revenue of USD2b by FY27, and the management is optimistic about achieving this target despite a challenging business environment. The company is implementing strict cost management strategies and has visible margin levers such as SG&A, offshoring and pyramid.

Number of FII/FPI investors increased from 860 to 904 in Mar 2025 qtr.

Tata Consultancy Services Ltd.

05 Sep 2024

3620.40

5.24%

Gen AI boosting productivity of Indian IT industry's rising niche: TCS exec

Business Standard

Generative AI has taken centre stage in the space and clients are replanning budgets and product features, Chakravarti said

Tata Consultancy Ser.. has an average target of 4122.91 from 11 brokers.

Tata Consultancy Services Ltd.

04 Sep 2024

3620.40

5.24%

Top 10 Most Valued Firms Lose Rs 21,895 Crore Market Cap Led By TCS, ICICI Bank

NDTV Profit

TCS lost Rs 11,975.87 crore in market capitalisation to touch Rs 16.20 lakh crore.

Geojit BNP Paribas decreased Buy price target of Tata Consultancy Services Ltd. to 3671.0 on 23 Apr, 2025.

Infosys Ltd.

03 Sep 2024

1626.90

7.91%

After 2-year delay, Infosys finally sends joining dates to 1,000 graduates

Business Standard

If Infosys fails to honour commitment and breaches joining date, NITES will organise a protest right in front of its office, said Harpreet Singh Saluja, president of the IT employee union