6197.0000 14.00 (0.23%)
NSE Dec 31, 2025 11:21 AM
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Persistent Systems Ltd.
30 Apr 2019, 12:00AM
6197.00
0.23%
ICICI Securities Limited
Expect company to lag industry growth in revenues Revenue growth was muted in FY19 due to specific issues in the top customer, concerns in meeting demand and weak performance in IP led business. Going forward, the management indicated better FY20E vs. FY19, driven by delivery capability enhancement, meeting demand by hiring at sales level and positive commentary from clients. Further, acceleration in digital business would support growth in coming years. However, a pick-up in IP business and services is required for the company to register double...
Persistent Systems has gained 27.24% in the last 3 Months
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