Persistent Systems Ltd.

BSE: 533179 | NSE: PERSISTENT
Mid Cap | IT - Software
6435.00
31.90 (0.50%)
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Persistent Systems spurts on reporting 6% rise in Q2 net profit

Date: 26-10-2015

Persistent Systems is currently trading at Rs. 671.70, up by 7.60 points or 1.14% from its previous closing of Rs. 664.10 on the BSE.

The scrip opened at Rs. 673.00 and has touched a high and low of Rs. 677.75 and Rs. 669.10 respectively. So far 3308 shares were traded on the counter.

The BSE group 'A' stock of face value Rs. 10 has touched a 52 week high of Rs. 960.83 on 02-Jan-2015 and a 52 week low of Rs. 577.00 on 29-Jun-2015.

Last one week high and low of the scrip stood at Rs. 693.90 and Rs. 661.00 respectively. The current market cap of the company is Rs. 5391.20 crore.

The promoters holding in the company stood at 38.53 % while Institutions and Non-Institutions held 28.36% and 33.11% respectively.

Persistent Systems has reported 6.51% rise in its net profit at Rs 59.41 crore for the quarter ended September 30, 2015 as compared to Rs 55.78 crore for the same quarter in the previous year. The company’s total income has increased by 11.16% to Rs 365.24 crore for the quarter under review from Rs 328.58 crore for the corresponding quarter of the previous year.

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.