Page 2 - Persistent Systems Ltd News
Stocks to buy today: LT Foods, Torrent Power, Persistent Systems
Anand James of Geojit Investments has recommended three stocks to buy today - LT Foods, Torrent Power, and Persistent Systems.
 "Stocks to buy today: LT Foods, Torrent Power, Persistent Systems")
SaaSpocalypse unlikely as guidance, EPS robust despite AI fears: CLSA
CLSA found that most SaaS companies have either maintained or increased their revenue and margin guidance for the upcoming fiscal year and beaten consensus EPS
 "SaaSpocalypse unlikely as guidance, EPS robust despite AI fears: CLSA")
Nifty IT jumps 2.5%; why are Infosys, Wipro, TCS, Coforge up today?
Today's sharp outperformance in the IT sector was driven by overnight rally in tech stocks on the Wall Street and company-speciific developments back home.
 "Nifty IT jumps 2.5%; why are Infosys, Wipro, TCS, Coforge up today?")
Nifty IT extends gains for third session, up 8%; check top picks by analyst
Prashanth Tapse of Mehta Equities said that while IT stocks have seen some improvement in price, the broader fundamentals of the sector remain challenging due to relatively subdued growth expectations
 "Nifty IT extends gains for third session, up 8%; check top picks by analyst")
Nifty IT rebounds, up 4% in two days; analyst sees short-term upside
The Nifty IT index has corrected 27 per cent on a Y-T-D basis, in comparison, the Nifty 50 index has declined 9.5 per cent in the same period.
 "Nifty IT rebounds, up 4% in two days; analyst sees short-term upside")
Nifty Midcap Select index hits record high, rallies 13% in one month
The Nifty Midcap Select index hit a new high of 14,223.90, soaring 2% and surpassing its previous high of 14,118 touched on December 1, 2025.
 "Nifty Midcap Select index hits record high, rallies 13% in one month")
Tech budgets will not rise much, says Persistent CEO Sandeep Kalra
Tech budgets set for modest growth as macro pressures persist, with firms prioritising AI, data readiness, and high-impact digital investments
 "Tech budgets will not rise much, says Persistent CEO Sandeep Kalra")
Persistent Systems shares fall 5% on Q4 margin miss, slowing growth
Persistent Systems' stock was under pressure after the company released its Q4FY26 results
 "Persistent Systems shares fall 5% on Q4 margin miss, slowing growth")
Stocks to Watch today, Apr 22: HCLTech, IHCL, SBI Life, Swiggy, BEML
Stocks to Watch today, April 22, 2026: HCLTech, SBI, Swiggy and others will remain in focus; here's why
 "Stocks to Watch today, Apr 22: HCLTech, IHCL, SBI Life, Swiggy, BEML")
Persistent Systems Q4 results: Net profit rises 33.7% to ₹529.2 crore
IT firm reports strong quarterly growth driven by AI-led demand, with revenue up 25 per cent and continued momentum in deal bookings and client engagements
TCS, HCLTech, Wipro, Infosys, Mphasis: Why did Nifty IT rise 3% today?
Individually, Oracle Financial Services Software rallied 4.4 per cent, followed by TCS, Wipro, Persistent Systems, Infosys, Mphasis and LTIMindtree up over 2 per cent
 "TCS, HCLTech, Wipro, Infosys, Mphasis: Why did Nifty IT rise 3% today?")
TCS, Infosys: Nifty IT falls 3% in rising market: Key reasons explained
Coforge, Infosys, Mphasis and Tata Consultancy Services (TCS) slipped over 3 per cent
 "TCS, Infosys: Nifty IT falls 3% in rising market: Key reasons explained")
IT firms may post muted Q4; weak INR to cushion earnings; FY27 guidance key
IT Q4 results preview: While the recent sharp depreciation of INR against the USD is likely to provide a significant cushion to earnings, the focus has shifted toward FY27 guidance
 "IT firms may post muted Q4; weak INR to cushion earnings; FY27 guidance key")
Mphasis, TCS, HCLTech, Wipro: Why did Nifty IT rise 3% in trade today?
Individually, Mphasis shares were up 3.15 per cent, followed by Infosys, Tech Mahindra, Persistent Systems, HCLTech, Oracle Financial Services Software, and LTIMindtree up over 2 per cent.