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Persistent Systems trades high on the bourses

11 Nov 2016

Persistent Systems is currently trading at Rs. 641.30, up by 4.20 points or 0.66% from its previous closing of Rs. 637.10 on the BSE.

The scrip opened at Rs. 636.25 and has touched a high and low of Rs. 641.30 and Rs. 636.25 respectively. So far 2380 shares were traded on the counter.

The BSE group 'A' stock of face value Rs. 10 has touched a 52 week high of Rs. 796.75 on 21-Mar-2016 and a 52 week low of Rs. 501.10 on 28-Sep-2016.

Last one week high and low of the scrip stood at Rs. 664.70 and Rs. 625.00 respectively. The current market cap of the company is Rs. 5112.00 crore.

The promoters holding in the company stood at 37.86%, while institutions and non-institutions held 34.54% and 27.60% respectively.

Persistent Systems, a global software and technology developer, has entered into an alliance with Dell Boomi, the number one integration cloud, to focus on healthcare and financial organizations.

The alliance bolsters Vega - Persistent’s Digital Experience framework that brings speed to digital transformation. The Vega framework is the company’s reference architecture based on data integration, data curation, and API management, to rapidly bring new experiences to market. Persistent will use Dell Boomi AtomSphere iPaaS as a key component in Vega.

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.

Related Persistent Systems Ltd. Links:

Persistent Systems Share Price

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Puchho Befikar
SEBI Registered: Investment Adviser - INA000013323