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Persistent Systems gains on offering academic research grant to Indiana University

Persistent Systems Ltd. | IT - Software | IT & ITES | BSE: 533179 | NSE: PERSISTENT

12 Jan 2012 Evaluate

Persistent Systems is currently trading at Rs. 326.95, up by 1.60 points or 0.49% from its previous closing of Rs. 325.35 on the BSE.

The scrip opened at Rs. 324.00 and has touched a high and low of Rs. 326.00 and Rs. 311.25 respectively. So far 1156 shares were traded on the counter.

The BSE group 'B' stock of face value Rs. 10 has touched a 52 week high of Rs. 452.80 on 19-Jan-2011 and a 52 week low of Rs. 280.80 on 29-Aug-2011.

Last one week high and low of the scrip stood at Rs. 329.90 and Rs. 310.00 respectively. The current market cap of the company is Rs. 1300.00 crore.

The promoters holding in the company stood at 38.95% while Institutions and Non-Institutions held 32.82% and 28.23% respectively.

Persistent Systems, the leader in outsourced software product development services, has offered a $100,000 academic research grant to Indiana University Bloomington School of Informatics and Computing.

The grant further extends Persistent Systems’ investment in the Persistent Indiana Research Center (PIRC) R&D incubator established in collaboration with IU School of Informatics and Computing (IU SoIC).

Through this grant, Persistent Systems supports leading-edge academic research that addresses critical issues and pertinent questions within the industry in the fields of Cloud Computing and Bioinformatics.

Persistent Systems is an OPD specialty company offering customers the benefits of offshore delivery. It designs, develops and maintains software systems and solutions, creates new applications and enhances the functionality of the customers' existing software products.

Persistent Systems Share Price

5484.40 41.65 (0.77%)

20-Apr-2026 10:43 View Price Chart

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Persistent Systems gains on offering academic research grant to Indiana University

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