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Persistent Systems is currently trading at Rs. 6462.55, up by 74.60 points or 1.17% from its previous closing of Rs. 6387.95 on the BSE.
The scrip opened at Rs. 6425.00 and has touched a high and low of Rs. 6492.80 and Rs. 6390.00 respectively. So far 10245 shares were traded on the counter.
The BSE group 'A' stock of face value Rs. 10 has touched a 52 week high of Rs. 6492.80 on 20-Nov-2023 and a 52 week low of Rs. 3618.20 on 21-Nov-2022.
Last one week high and low of the scrip stood at Rs. 6492.80 and Rs. 6143.55 respectively. The current market cap of the company is Rs. 49505.08 crore.
The promoters holding in the company stood at 31.06%, while Institutions and Non-Institutions held 50.01% and 18.93% respectively.
Persistent Systems has launched a unique open-source maintenance service to facilitate keeping an organization’s open-source software up to date with all patches, bug fixes, and incorporating the latest software releases. The service is comprised of a dedicated team of experts and specialists dealing with a wide range of complex software, equipped with the latest technologies, and backed by a knowledge base to help clients maintain their open-source software with all releases for the continuity of business operations.
More than 90% of an application’s software is constructed using open-source components. While open-source software offers numerous advantages, it also presents particular challenges in an enterprise environment. Organizations face delays in software upgrades and maintenance while waiting for the open-source community to provide fixes, which in turn means potentially missing software delivery and security compliance obligations.
Persistent’s open-source maintenance service aims to address this challenge with a dedicated team focused on component upgrades while maintaining security and integrity. It accelerates an enterprise’s ability to optimize operations and improves efficiency with fast, high-quality, compatible, and secure fixes in hours instead of days by leveraging cutting-edge technologies like Large Language Models and Generative AI, among others.
Persistent Systems is a global company specializing in software product and technology services.
| Company Name | CMP |
|---|---|
| TCS | 3870.60 |
| Infosys | 1435.75 |
| HCL Tech. | 1387.10 |
| Wipro | 462.95 |
| Tech Mahindra | 1285.95 |
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MoneyWorks4Me rating and ranking of funds for SIP is available to subscribers only. Moneyworks4Me is not a rating and ranking agency, however it is required that users have a way of selecting funds and building a Portfolio. The method used by it are described below to enable users to understand the logic behind the rating and ranking Subscriber will find more details on this in the various content made available from time to time. In case you need more please write to besafe@moneyworks4Me.com
MoneyWorks4Me rates and ranks mutual funds based on the following data-driven system:
Funds ranking in screeners: Performance Consistency and Quality are two parameters used for ranking funds for SIP. The ranking as follows GG, GO, GR, OG, OO, OR, RG, RO and RR.
With the same color-coded funds, the one with the higher Average 3-year rolling returns (over 5 to 10 years), the number that appears in the Performance tag, ranks higher.
Here is the summary:
The third tag Upside Potential is not relevant for SIP. It is relevant for lumpsum investments in Mutual Funds.
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