4955.4000 132.90 (2.76%)
NSE Oct 01, 2025 15:31 PM
Volume: 285.4K
 

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Persistent Systems Ltd.
01 May 2021, 12:00AM
4955.40
2.76%
ICICI Securities Limited
The company has won a total contractual value of US$246.5 million of which annual contractual value is US$200 million (implying a book to bill ratio of 1.3x) and net new of US$96.9 million. This, coupled with multi-year deal won by the company, will help improve its revenues growth (the company aspires to achieve 3.5-4% QoQ growth). The company has hired 1618 and 1173 in the past two quarters, respectively, with increasing large deal size representing robust growth opportunity in coming quarters. In addition, Persistent's focus on client mining, scaling up new clients, expanding...
Persistent Systems L.. has an average target of 5848.11 from 9 brokers.
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