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Persistent Systems gains on entering into partnership with MuleSoft

10 Feb 2017

Persistent Systems is currently trading at Rs. 616.40, up by 1.70 points or 0.28% from its previous closing of Rs. 614.70 on the BSE.

The scrip opened at Rs. 619.90 and has touched a high and low of Rs. 621.00 and Rs. 614.00 respectively. So far 1378 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. 621.00 and Rs. 592.00 respectively. The current market cap of the company is Rs. 4931.20 crore.

The promoters holding in the company stood at 36.21%, while institutions and non-institutions held 34.96% and 28.83% respectively.

Persistent Systems has entered into partnership with MuleSoft that will help customers speed their Digital Transformation. Utilizing MuleSoft’s Anypoint Platform, Persistent will help organizations rapidly integrate valuable enterprise data locked in silos, to create new revenue channels, improve customer experience and drive innovation.

Persistent Systems’ implementation expertise and industry knowledge will be enhanced with Anypoint Platform. Persistent will help customers build a network of applications, data and devices through API-led connectivity in the cloud, on-premises, or hybrid. Anypoint Platform will further bolster the Persistent Vega framework, a reference architecture based on data integration, data curation and API management that rapidly brings new experiences to market.

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