Persistent Systems Ltd.

Persistent Systems is currently trading at Rs. 736.00, up by 18.15 points or 2.53% from its previous closing of Rs. 717.85 on the BSE.

The scrip opened at Rs. 716.40 and has touched a high and low of Rs. 740.00 and Rs. 705.00 respectively. So far 34056 shares were traded on the counter.

The BSE group 'A' stock of face value Rs. 10 has touched a 52 week high of Rs. 820.00 on 20-May-2015 and a 52 week low of Rs. 562.50 on 12-Feb-2016.

Last one week high and low of the scrip stood at Rs. 782.00 and Rs. 705.00 respectively. The current market cap of the company is Rs. 5840.00 crore.

The promoters holding in the company stood at 38.50% while Institutions and Non-Institutions held 34.11% and 22.73% respectively.

The company has posted a fall of 13.52% in its net profit at Rs 61.49 crore for the quarter ended March 31, 2016 as compared to 71.10 crore for the same quarter in the previous year. However, total income of the company has increased by 17.19% at Rs 405.71 crore for quarter under review as compared to Rs 346.20 crore for the quarter ended March 31, 2015.

On consolidated basis, the company has posted a rise of 6.25% in its net profit after taxes, minority interest and share of profit of associates of Rs 80.80 crore for the quarter ended March 31, 2016 as compared to Rs 76.05 crore for the corresponding quarter in the FY15. Total income of the company increase by 36.05% at Rs 701.74 crore for quarter under review as compared to Rs 515.78 crore for the same quarter ended previous year.

For the year ended March 31, 2016, the company has posted a rise of 2.38% in its net profit at Rs 265.46crore as compared to Rs 259.29 crore for the same period in the previous year. Total income of company increased 14.17% at Rs 1527.78 crore for year under review as compared to Rs 1338.16 crore for the period ended March 31, 2015.