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Persistent Systems rises on entering into collaboration with Nok Nok Labs

12 Apr 2017

Persistent Systems is currently trading at Rs. 575.00, up by 11.90 points or 2.11% from its previous closing of Rs. 563.10 on the BSE.

The scrip opened at Rs. 564.30 and has touched a high and low of Rs. 575.00 and Rs. 564.00 respectively.

The BSE group 'A' stock of face value Rs. 10 has touched a 52 week high of Rs. 782.00 on 20-Apr-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. 584.00 and Rs. 558.80 respectively. The current market cap of the company is Rs. 4,600.00 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 collaboration with Nok Nok Labs, an innovator in modern authentication and a founding member of the FIDO Alliance, to transform password security features and reduce friction around signing in for app services consumers. The collaboration with Nok Nok Labs is the latest example of Persistent growing its digital transformation partner ecosystem with start-ups and technology innovators.

Persistent Systems and Nok Nok Labs are helping software-driven businesses simplify and strengthen their digital security experience. In the digital world, users expect access to large amounts of data - much of it sensitive - across multiple devices and in an easy-to-use interface.

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

3061.75 -7.70 (-0.25%) Aug 04, 18:01
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Puchho Befikar
SEBI Registered: Investment Adviser - INA000013323