Persistent Systems Ltd soars 3.63%, Gains for third straight session

Persistent Systems Ltd is quoting at Rs 6303, up 3.63% on the day as on 12:49 IST on the NSE. The stock is up 3.13% in last one year as compared to a 8.61% gain in NIFTY and a 9.47% gain in the Nifty IT index.

Persistent Systems Ltd is up for a third straight session in a row. The stock is quoting at Rs 6303, up 3.63% on the day as on 12:49 IST on the NSE. The benchmark NIFTY is up around 2.77% on the day, quoting at 25784.1. The Sensex is at 83941.05, up 2.79%. Persistent Systems Ltd has added around 1.6% in last one month.

Meanwhile, Nifty IT index of which Persistent Systems Ltd is a constituent, has added around 2.73% in last one month and is currently quoting at 38074.15, up 1.91% on the day. The volume in the stock stood at 1.97 lakh shares today, compared to the daily average of 4.83 lakh shares in last one month.

The benchmark February futures contract for the stock is quoting at Rs 6315, up 3.63% on the day. Persistent Systems Ltd is up 3.13% in last one year as compared to a 8.61% gain in NIFTY and a 9.47% gain in the Nifty IT index.

The PE of the stock is 60.99 based on TTM earnings ending December 25.

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