Don't want to miss the best from Business Standard?
Thursday, November 27, 2025 | 04:42 AM ISTहिंदी में पढें
Persistent's premium valuations hinge on sustaining growth momentum
Firm continues to outperform mid-, large-tier listed IT majors
 "Persistent Systems")
premium
Persistent continues to deliver industry-leading growth (17.6 per cent Y-o-Y in Q2FY26) and its FY27 revenue target of $2 billion translates to strong annual growth of 18 per cent
The stock of mid-tier information technology (IT) major Persistent Systems has been one of the outperformers in the IT pack with a return of 5.3 per cent over the last year, while its peer index, the Nifty IT, is down 16.2 per cent over the same period. The strong September quarter (Q2FY26) result and upgrades by brokerages are positive but its ability to sustain growth momentum in a weak macroeconomic environment will be key for future gains. At the current levels, the stock is trading at a premium valuation of 38 times its FY27 earnings estimates.
The firm continues to
