|
11 Aug 2025 |
Persistent Systems
|
Consensus Share Price Target
|
5105.50 |
5857.97 |
- |
14.74 |
hold
|
|
|
|
|
26 Apr 2023
|
Persistent Systems
|
BOB Capital Markets Ltd.
|
5105.50
|
5330.00
|
4472.20
(14.16%)
|
Target met |
Buy
|
|
|
Q4 revenue up 3.9% QoQ CC to US$ 275mn, backed by services and top-client business
|
|
26 Apr 2023
|
Persistent Systems
|
ICICI Direct
|
5105.50
|
5170.00
|
4472.20
(14.16%)
|
Target met |
Buy
|
|
|
|
|
25 Apr 2023
|
Persistent Systems
|
Sharekhan
|
5105.50
|
5010.00
|
4472.20
(14.16%)
|
Target met |
Buy
|
|
|
|
|
20 Jan 2023
|
Persistent Systems
|
Axis Direct
|
5105.50
|
4500.00
|
4323.50
(18.09%)
|
Target met |
Buy
|
|
|
Given the company's strong growth potential backed by robust deal wins and superior execution capabilities, we maintain our BUY recommendation on the stock
|
|
20 Jan 2023
|
Persistent Systems
|
ICICI Direct
|
5105.50
|
4920.00
|
4323.50
(18.09%)
|
Target met |
Buy
|
|
|
|
|
20 Jan 2023
|
Persistent Systems
|
Motilal Oswal
|
5105.50
|
4360.00
|
4323.50
(18.09%)
|
Target met |
Neutral
|
|
|
|
|
21 Oct 2022
|
Persistent Systems
|
ICICI Direct
|
5105.50
|
4370.00
|
3665.70
(39.28%)
|
Target met |
Buy
|
|
|
|
|
21 Oct 2022
|
Persistent Systems
|
ICICI Securities Limited
|
5105.50
|
3554.00
|
3665.70
(39.28%)
|
Pre-Bonus/ Split |
Hold
|
|
|
Persistent Systems (Persistent) has reported strong revenue growth of 6.6% QoQ CC, 5.8% QoQ in US$ terms, above our estimate of 5% QoQ in US$ terms in Q2FY23.
|
|
21 Oct 2022
|
Persistent Systems
|
Motilal Oswal
|
5105.50
|
3660.00
|
3665.70
(39.28%)
|
Target met |
Neutral
|
|
|
|
|
21 Oct 2022
|
Persistent Systems
|
Axis Direct
|
5105.50
|
4265.00
|
3665.70
(39.28%)
|
Target met |
Buy
|
|
|
We recommend a BUY rating on the stock and assign a 30x P/E multiple to its FY24E earnings of Rs 143.9/share to arrive at a TP of Rs 4,265/share, indicating an upside potential of 15% from the CMP.
|