Persistent Systems surges on plan to acquire certain assets of Hoopz Planet Info

03 Jul 2014

Persistent Systems is currently trading at its upper circuit limit of Rs. 1,074.90, up by 13.90 points or 1.31% from its previous closing of Rs. 1,061.00 on the NSE.

The scrip opened at Rs. 1,050.00 and has touched a high and low of Rs 1,080.00 and Rs 1,050.00 respectively. So far 29,000 shares were traded on the counter.

The stock of face value Rs 10 has touched a 52 week high of Rs. 1,227.25 on 06-Mar-2014 and a 52 week low of Rs. 475.30 on 03-Jul-2013.

Persistent Systems has entered into an Asset Purchase Agreement (APA) to acquire certain assets of Hoopz Planet Info. The company has entered into this agreement on July 02, 2014.

Persistent Systems is a global company specializing in software product and technology services. Persistent develops best-in-class solutions in key next-generation technology areas including Analytics, Big Data, Cloud Computing, Mobility and Social, for the telecommunications, life sciences, healthcare, and banking & financial services verticals.

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Persistent Systems Share Price

1684.50 8.15 (0.49%) Mar 05, 18:59
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Puchho Befikar
SEBI Registered: Investment Adviser - INA000013323

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