Persistent Systems gains on reporting marginal rise in Q3

29 Jan 2019 Evaluate

Persistent Systems is currently trading at Rs. 576.70, up by 12.05 points or 2.13% from its previous closing of Rs. 564.65 on the BSE.

The scrip opened at Rs. 583.00 and has touched a high and low of Rs. 594.95 and Rs. 572.50 respectively. So far 143283 shares were traded on the counter.

The BSE group 'A' stock of face value Rs. 10 has touched a 52 week high of Rs. 915.00 on 10-Sep-2018 and a 52 week low of Rs. 532.80 on 13-Nov-2018.

Last one week high and low of the scrip stood at Rs. 594.95 and Rs. 542.20 respectively. The current market cap of the company is Rs. 4640.00 crore.

The promoters holding in the company stood at 30.47%, while Institutions and Non-Institutions held 43.07% and 26.45% respectively.

Persistent Systems has reported a fall of 21.52% in its net profit at Rs 61.00 crore for the quarter ended December 31, 2018 as compared to Rs 77.73 crore for the same quarter in the previous year. However, total income of the company increased by 12.09% at Rs 510.27 crore for Q3FY19 as compared Rs 455.22 crore for the corresponding quarter previous year.

On the consolidated basis, the company has reported a rise of 0.05% in its net profit at Rs 91.72 crore for the quarter under review as compared to Rs 91.67 crore for the same quarter in the previous year. Total income of the company increased by 9.38% at Rs 887.24 crore for Q3FY19 as compared Rs 811.17 crore for the corresponding quarter previous year.

Persistent Systems Share Price

3989.25 -57.38 (-1.42%)
28-Mar-2024 16:01 View Price Chart
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