|
20 Sep 2025 |
Persistent Systems
|
Consensus Share Price Target
|
5506.00 |
5868.46 |
- |
6.58 |
hold
|
|
|
|
|
20 Jan 2023
|
Persistent Systems
|
Motilal Oswal
|
5506.00
|
4360.00
|
4323.50
(27.35%)
|
Target met |
Neutral
|
|
|
|
|
21 Oct 2022
|
Persistent Systems
|
ICICI Securities Limited
|
5506.00
|
3554.00
|
3665.70
(50.20%)
|
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
|
5506.00
|
3660.00
|
3665.70
(50.20%)
|
Target met |
Neutral
|
|
|
|
|
21 Oct 2022
|
Persistent Systems
|
ICICI Direct
|
5506.00
|
4370.00
|
3665.70
(50.20%)
|
Target met |
Buy
|
|
|
|
|
21 Oct 2022
|
Persistent Systems
|
Axis Direct
|
5506.00
|
4265.00
|
3665.70
(50.20%)
|
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.
|
|
20 Oct 2022
|
Persistent Systems
|
Motilal Oswal
|
5506.00
|
3660.00
|
3665.70
(50.20%)
|
Target met |
Neutral
|
|
|
|
|
19 Sep 2022
|
Persistent Systems
|
Axis Direct
|
5506.00
|
3900.00
|
3163.00
(74.08%)
|
Target met |
Buy
|
|
|
We recommend a BUY rating on the stock and assign a 27 x P/E multiple to its FY24E earnings of Rs 143.2/share to arrive at a TP of Rs 3,900/share, implying an upside of 22% from the CMP.
|
|
27 Jul 2022
|
Persistent Systems
|
Chola Wealth Direct
|
5506.00
|
4661.00
|
3383.35
(62.74%)
|
Target met |
Buy
|
|
|
|
|
25 Jul 2022
|
Persistent Systems
|
ICICI Direct
|
5506.00
|
4200.00
|
3606.55
(52.67%)
|
Target met |
Buy
|
|
|
|
|
23 Jul 2022
|
Persistent Systems
|
Prabhudas Lilladhar
|
5506.00
|
3500.00
|
3606.55
(52.67%)
|
Target met |
Hold
|
|
|
|