5667.5000 -6.50 (-0.11%)
NSE Aug 21, 2026 15:31 PM
Volume: 355.1K
 

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Persistent Systems Ltd.
21 Jan 2026, 12:00AM
5667.50
-0.11%
ICICI Direct
Consistent growth engine with strong deal visibility: Persistent continues to demonstrate a structurally strong growth profile (+4.1% QoQ CC) and robust booking momentum. Rising TCV (US$674.5 mn - up 11% QoQ/13.5% YoY) and ACV (US$501.9 mn - up 12% QoQ/17% YoY) reflects improving revenue visibility, driven by deeper participation in large, strategic client programs. Demand remains healthy across verticals, supported by application and data modernization themes in BFSI and healthcare. The management noted that it remains firmly on track toward its US$2 bn revenue aspiration by FY27,...
ICICI Securities Limited upgraded Persistent Systems Ltd. to Hold with a price target of 5280.0 on 04 Aug, 2026.
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