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Persistent Systems climbs higher on the bourses

21 Nov 2013 Evaluate

Persistent Systems is currently trading at Rs 845.30, up by 26.50 points or 3.24% from its previous closing of Rs 818.80 on the BSE.

The scrip opened at Rs 825.00 and has touched a high and low of Rs 857.00 and Rs 825.00 respectively. So far 15928 shares were traded on the counter.

The BSE group 'B' stock of face value Rs 10 has touched a 52 week high of Rs 858.00 on 29-Oct-2013 and a 52 week low of Rs 461.50 on 26-Nov-2012.

Last one week high and low of the scrip stood at Rs 832.00 and Rs 805.10 respectively. The current market cap of the company is Rs 3372.00 crore.

The promoters holding in the company stood at 38.96% while Institutions and Non-Institutions held 36.51% and 24.53% respectively.

Persistent Systems, the global leader in software product and technology services, has been selected by Ittavi, the modern family financial management company, whereby it has deployed SupportPay, the first product to enable parents to directly manage their child support payments and expenses. SupportPay is a unique cloud-based and mobile child support application built on the Salesforce Platform.

Ittavi turned to Persistent Systems to help it deliver an innovative solution that would allow parents to track child support and child expenses, upload receipts, communicate via the system and make payments online, either to each other or to a third party. Persistent’s development team provided Ittavi with a cost effective and robust solution using cloud and mobility best practices built on the Salesforce Platform.

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.

 

Persistent Systems Share Price

5442.75 -56.50 (-1.03%)
17-Apr-2026 16:59 View Price Chart
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