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12 Sep 2025 |
Persistent Systems
|
Consensus Share Price Target
|
5395.00 |
5843.12 |
- |
8.31 |
hold
|
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23 Jan 2024
|
Persistent Systems
|
Motilal Oswal
|
5395.00
|
8110.00
|
8254.40
(-34.64%)
|
Target met |
Neutral
|
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09 Dec 2023
|
Persistent Systems
|
Axis Direct
|
5395.00
|
7115.00
|
6464.50
(-16.54%)
|
Target met |
Buy
|
|
|
We recommend a BUY rating on the stock with a near term TP of Rs 7,115, implying an upside of 10% from CMP.
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20 Oct 2023
|
Persistent Systems
|
Motilal Oswal
|
5395.00
|
5430.00
|
5907.30
(-8.67%)
|
Pre-Bonus/ Split |
Neutral
|
|
|
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20 Oct 2023
|
Persistent Systems
|
ICICI Securities Limited
|
5395.00
|
5722.00
|
5848.95
(-7.76%)
|
Target met |
Hold
|
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Persistent’s revenue grew 3.2 QoQ CC, 3.1% QoQ USD in-line with our estimate, but above consensus’ estimate of 2.5% QoQ USD. Revenue growth was led by the Healthcare (7% QoQ USD) and Technology verticals (3.8% QoQ USD). BFSI was flat QoQ. EBIT margin came in at 13.7%, down 120bps QoQ.
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20 Oct 2023
|
Persistent Systems
|
Axis Direct
|
5395.00
|
6435.00
|
5907.30
(-8.67%)
|
Target met |
Buy
|
|
|
We assign a 27x P/E multiple to its FY26E earnings of Rs 239.1/share to arrive at a TP of Rs 6,435/share, implying an upside of 10% from the CMP. Hence, we recommend a BUY rating on the stock
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19 Oct 2023
|
Persistent Systems
|
Sharekhan
|
5395.00
|
6750.00
|
5848.95
(-7.76%)
|
Target met |
Buy
|
|
|
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|
31 Aug 2023
|
Persistent Systems
|
Sharekhan
|
5395.00
|
6000.00
|
5370.70
(0.45%)
|
Target met |
Buy
|
|
|
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|
26 Jul 2023
|
Persistent Systems
|
ICICI Securities Limited
|
5395.00
|
5478.00
|
4682.95
(15.21%)
|
Target met |
Buy
|
|
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PSYS has experienced robust revenue growth of 23.59% YoY and has consistently led the industry with strong performance for thirteen consecutive quarters. The management is confident that there won't be any significant pressure in any of its verticals going forward.
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24 Jul 2023
|
Persistent Systems
|
BOB Capital Markets Ltd.
|
5395.00
|
5330.00
|
4773.90
(13.01%)
|
Target met |
Hold
|
|
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Top BFS client the driving force behind Q1 growth, but management expects weakness in the vertical for the next few quarters
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24 Jul 2023
|
Persistent Systems
|
Axis Direct
|
5395.00
|
4920.00
|
4773.90
(13.01%)
|
Target met |
Hold
|
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Given the company's strong growth potential backed by robust deal wins and superior execution capabilities, we recommend a HOLD rating on the stock
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