NSE: PERSISTENT | BSE: 533179

Expensive Performer

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5662.00 79.50 (1.42%)

75.18% Gain from 52W Low

287.5K NSE+BSE Volume

NSE 23 May, 2025 3:31 PM (IST)

88,242.3

Market Cap

High in industry

1.2

Beta 1Year

High Volatility

Persistent Systems Ltd. share price target and research reports

Latest analyst research reports with target prices and PDF download for PERSISTENT, BSE:533179 Persistent Systems Ltd.

Persistent Systems Ltd.

25 Jan 2017

5662.00

1.42%

Persistent Systems (3QFY17): Steady, calibrated transformation. BUY

Buy: Persistent Systems Ltd.

Target

HDFC Securities

Persistent (PSYS) posted accelerated revenue growth and modest improvement in operating performance. Growth in 3Q was enterprise-led (digital) as well as IP-led (IBM alliance), while ISV was flat (vs. decline in prior quarter). We note strong growth across large client buckets as well as improvement in employee productivity on higher non-linearity and efficiency improvement.

Persistent Systems L.. has an average target of 5584.00 from 8 brokers.

Persistent Systems Ltd.

25 Jan 2017

5662.00

1.42%

EARNING UPDATE - PERSISTENT LIMITED

Buy: Persistent Systems Ltd.

Target

Chola Wealth Direct

Background: Persistent Systems is one of the leading outsourced product development (OPD) companies in India. 3QFY17: Revenue share from Services business (71.6%) & the IP -led business (28.4%). The company has domain expertise in ISV (42.5%), Enterprise (29.1%) and IP Led (28.4%). Company has strong workforce of 9,389 employees. The company's business is spread across North America (86.6%), Europe (5.3%) and RoW (8.1%). Company earns revenue from global delivery centers (26.7% ), India (44.9%) and IP Led (28.4%). Total active clients stood at 654 including services and IP led business. Company's top client accounts 29.5% in...

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

Persistent Systems Ltd.

24 Jan 2017, 12:00AM

5662.00

1.42%

Persistent Systems

Buy: Persistent Systems Ltd.

ICICI Securities Limited

ICICI Securities Ltd | Retail Equity Research Persistent Systems (PSL) reported strong revenue growth but EBITDA margins were below our estimates...

Persistent Systems L.. has an average target of 5584.00 from 8 brokers.

Persistent Systems Ltd.

24 Jan 2017, 12:00AM

5662.00

1.42%

Persistent - 3QFY17 Result Update

Buy: Persistent Systems Ltd.

Target

Reliance Securities

Persistent Systems (Persistent) has reported healthy growth in revenue in 3QFY17, with IP revenue (+6.9% qoq) and revenue from top client IBM (+8.7%) clocking excellent growth following a decline in 2QFY17. Its revenue from IBM so far in 9MFY17 is well in-line with its expectations of a US$50mn incremental revenue contribution in FY17E. Expectations of 2HFY17E being stronger on both IP & IBM sides are on track, with key growth drivers Enterprise (+9.5% qoq) & Digital (+16.3%) both maintaining healthy growth in 3QFY17. A negative factor was lower-than-expected margin expansion...

Persistent Systems L.. has an average target of 5584.00 from 8 brokers.

Persistent Systems Ltd.

30 Dec 2016

5662.00

1.42%

Persistent Systems

Buy: Persistent Systems Ltd.

Recommendation Target

ICICI Securities Limited

Persistent Systems (PSL) has corrected by ~10% in the last six months possibly on account of selling of shares by one of the promoters for his philanthropic work. This could be an opportunity to accumulate the stock from a long term perspective. We believe PSL has more exposure to newer technologies related to digital transformation, vis--vis other IT players who have more service offerings for traditional segment. The traditional IT segment is witnessing pricing pressure and decline in client budget. Hence, PSL would be less impacted. Secondly, PSL margin...

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

Persistent Systems Ltd.

30 Dec 2016

5662.00

1.42%

Persistent Systems Ltd.

Buy: Persistent Systems Ltd.

Ashika Research

Persistent Systems ltd. (PSYS) is engaged in the business of building software products and works with the software product companies like IBM and Mircrosoft. Company operates through four business verticals with Service business accounts 47% of total revenue, following digital 14%, Accelerite 9% and Alliances 30%. PSYS revenue is segregated into linear revenue and nonlinear revenue with linear revenue based on person/hr basis and non-linear revenue based on solutions. PSYS is somewhat insulated from IT spending slowdown as 35% is non-linear...

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

Persistent Systems Ltd.

26 Dec 2016

5662.00

1.42%

Analyst Meet Update:Persistent Sys

Buy: Persistent Systems Ltd.

Axis Direct

We attended Persistent's (PSYS)analyst meet. Key takeaways: Huge addressable market opportunity (like IoT at ~USD 120 bn by 2018), edge/ thrust on new technologies (IoT, Analytics, Blockchainetc), expertise in high growth EDT^ (28% revenue) offerings, and steady outlook for IP revenue (28% share) ..

Persistent Systems Ltd. has gained 58.67% in the last 1 Year

Is Persistent Systems Ltd. worth buying?

308 Votes:

Buy 77.6%

Sell 13.96%

Hold 8.44%

RESEARCH REPORTS

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