Persistent Systems inches up on joining Siemens’ MindSphere Partner Program

06 May 2019 Evaluate

Persistent Systems is currently trading at Rs. 627.95, up by 5.80 points or 0.93% from its previous closing of Rs. 622.15 on the BSE.

The scrip opened at Rs. 619.95 and has touched a high and low of Rs. 628.00 and Rs. 606.70 respectively. So far 2024 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. 643.65 and Rs. 606.70 respectively. The current market cap of the company is Rs. 4814.38 crore.

The promoters holding in the company stood at 30.61%, while Institutions and Non-Institutions held 42.80% and 26.58% respectively.

Persistent Systems has joined Siemens’ MindSphere Partner Program to deliver its Industrial IoT solutions to market. MindSphere is the cloud-based, open IoT operating system from Siemens that connects products, plants, systems, and machines, enabling businesses to harness the wealth of data generated by the Internet of Things (IoT) with advanced analytics.

The company is delivering MindSphere solutions for Smart Energy Management, Overall Equipment Effectiveness (OEE) and other related offerings to manufacturing clients in APAC and North America. In addition to offering clients a fast track to remote connectivity and management for machines and programmable logic controller (PLC) assets through its MindSphere ‘Connect & Monitor’ integration services, Persistent offers custom analytics that leverage MindSphere Analytics and Machine Learning service APIs.

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.

Persistent Systems Share Price

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