Persistent System is currently trading at Rs. 466.05, up by 0.95 points or 0.20% from its previous closing of Rs. 465.10 on the BSE.
The scrip opened at Rs. 466.25 and has touched a high and low of Rs. 475.00 and Rs. 455.00 respectively. So far 14960 shares were traded on the counter.
The BSE group 'B' stock of face value Rs. 10 has touched a 52 week high of Rs. 476.00 on 19-Oct-2012 and a 52 week low of Rs. 290.00 on 13-Dec-2011.
Last one week high and low of the scrip stood at Rs. 476.00 and Rs. 416.00 respectively. The current market cap of the company is Rs. 1852.00 crore.
The promoters holding in the company stood at 38.95% while Institutions and Non-Institutions held 34.68% and 26.37% respectively.
Persistent System has developed an exclusive cab miles program for TCabs, a leading radio cab provider in Pune, by using eMee, Persistant’s social gamification platform.
TMiles is an exclusive reward program in India for cabs that is designed to enhance the service and improve the travel experience. These reward points are collected over a period of time and entitles the customer to privileged benefits and can be redeemed against exclusive offers.
Persistent Systems is an OPD specialty company, offering the customers the benefits of offshore delivery. It designs, develops and maintains software systems and solutions, creates new applications and enhances the functionality of the customers’ existing software products. It delivers services across all stages of the product life-cycle, which enables it to work with a wide-range of customers and allows it to develop, enhance and deploy its customers’ software products.
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