6106.5000 208.00 (3.53%)
NSE Jun 20, 2025 15:31 PM
Volume: 663.0K
 

6106.50
3.53%
Kotak Securities
IP revenue volatility continues: Persistent Systems indicated better revenue growth and margin improvement in H2FY19 which will partly mitigate the impact of one-offs in Q2FY19. Revenue growth will be supported by good deal wins, project starts in Q2FY19, higher contribution from healthcare business (strong demand on the digital side and higher deal sizes), meaningful jump in IP business and the reseller segment due to seasonally strong Q3FY19. In Q2FY19, it has added net 400 people reflecting strong project pipeline. Margin improvement will be supported by better sales mix...
Persistent Systems Ltd. has gained 58.92% in the last 1 Year
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