Page 2 - Persistent Systems

Persistent Systems' net profit up 45% at ₹471 crore, beats estimates

During the quarter, Persistent Systems won contracts in the software, hi-tech and emerging industries, banking, financial services, insurance, healthcare, and life sciences verticals

Persistent Systems CEO Sandeep Kalra tops India Inc remuneration charts

Remuneration of top brass grew 8.7% in FY25, outpacing firms' profits

Sensex drops 500 pts, Nifty below 25,200 as IT stocks drag

Even broader markets failed to trade in the green territory. The Nifty midcap 100 was trading at 58,954.15, down by 0.60 per cent.

Nifty IT index slides 1.5%: Why did IT stocks fall today?

Infosys shares fell despite analysts remaining positive after the company reported in-line first-quarter earnings

Persistent Systems bleeds over 9% post mixed Q1; here's what brokerages say

Around 11:10 AM, the Persistent Systems' share was trading 8.24 per cent lower at ₹5,143.50. In comparison, BSE Sensex was down 0.26 per cent at 82,514.88 levels.

2 midcaps, 1 smallcap stock with up to 35% upside potential; check details

Midcaps Persistent Systems and ICRA alongwith smallcap Valiant Labs look technically strong on charts, following the formation of 'Golden Cross' on Wednesday.

Top 10 midcap, smallcap stock ideas from Bernstein that are screaming buy

These rather are your next-door citizens who have the potential to over-deliver. These same also have experienced around 2.5 per cent positive earnings revisions for FY26 in May, Bernstein said

Breakout stocks, June 18: MCX, Persistent Systems among stocks to buy today

Stocks to buy today, June 18: Chandan Taparia of Motilal Oswal shares Nifty and Bank Nifty outlook today, along with three stocks to buy today

This tech indicator turns positive for these 3 IT stocks; details here

Infosys, Persistent Systems and Mphasis are likely to trade with a favourable bias as a key momentum indicator - the MACD has turned positive on the technical charts for these 3 IT stocks.

Midcap Alert: These 3 stocks can rally up to 22% hint charts; details here

These 3 midcap stocks, across sectors, have witnessed a positive breakout on different key parameters, show technical charts.

Persistent Systems Q4 results: Profit rises 25% to ₹396 cr on strong growth

Mid-tier IT company Persistent Systems on Thursday posted a 25 per cent jump in March quarter profit to Rs 395.76 crore. The Pune-headquartered company reported a net profit of Rs 315.32 crore in the year-ago period. Its revenues grew 25.2 per cent to Rs 3,242 crore from Rs 2,591 crore in the year-ago period, while operating profit margin expanded to 15.6 per cent from 14.5 per cent in the year-ago period. Its Chief Financial Officer Vinit Teredesai said the margins will further expand up to 2 percentage points in FY26. Speaking to PTI, he also added that the company is maintaining its aspiration of getting USD 2 billion in revenues by FY26, as against USD 1.4 billion in FY25 despite the ongoing uncertainties. He said it is very difficult to predict the exact outcome for the company from the shift in trade policies, and added that deal signings have become sluggish as customers adopt a cautious stance. The company's new deal signings declined to USD 517.5 million in the reporting

Infosys, TCS: Nifty IT slips 4% amid recession fears as US imposes tariff

The downturn in IT stocks can be attributed to fears around recession and as manufacturing hubs in China and Taiwan face new tariffs above 30 per cent

IT stocks: Nifty IT index slips over 2% on fears of slowing US economy

At 9:57 AM, the Nifty IT index was trading lower by 2.30 per cent, at 39,612. It touched an intra-day low of 39,465.75 during the session so far.

Midcap IT in focus: Coforge, Persistent, Cigniti rally up to 11% post Q3

Why are midcap IT stocks rising today: Persistent Systems share price soared 8 per cent to Rs 6,163.45 per share after the company reported broad-based growth across geographies and segments.

Persistent Systems shares under pressure, slip 7% ahead of Q3 results

The fall in Persistent Systems share price came in anticipation of December quarter of financial year 2025 (Q3FY25) results, which will be announced later today

Persistent Systems shares rise 5% in trade; here's what's boosting rally

ContractAssIst is developed to deliver advanced contract management capabilities for companies with high volume of contracts from various vendors

Stocks to Watch, January 1, 2025: Auto stocks, ITC, Sun Pharma, Piramal Ent

The previous session closed out 2024 with mixed sentiments. Despite a strong recovery from intraday lows, the benchmarks ended in the red, weighed down by losses in IT & select banking shares

Nifty IT slumps over 2%: Persistent Systems, Mphasis, Infosys fall up to 5%

Persistent Systems led the decline, plunging 4.78 per cent to Rs 6,320.50. Mphasis also fell sharply, down 3.38 per cent at Rs 2,836. Coforge dropped 2.77 per cent to Rs 9,546

Nifty IT hits life high, tops 46,000; why are IT stocks in demand today?

The rupee fell 2 paise to near all-time low of 84.85 against the US dollar in early trade on Thursday on the back of foreign fund outflows and rising crude oil prices

Persistent Systems' market cap hits Rs 1 trillion; zooms 101% from June low

At 10:16 AM, with a market cap of Rs 1.01 trillion, Persistent Systems was trading 2 per cent higher at Rs 6,473.05 on the BSE, exchange data showed