Persistent Systems Ltd.

Persistent Systems is currently trading at Rs. 577.60, up by 9.80 points or 1.73% from its previous closing of Rs. 567.80 on the BSE.

The scrip opened at Rs. 570.00 and has touched a high and low of Rs. 581.10 and Rs. 568.35 respectively. So far 12397 shares were traded on the counter.

The BSE group 'A' stock of face value Rs. 10 has touched a 52 week high of Rs. 758.00 on 27-Apr-2016 and a 52 week low of Rs. 501.10 on 28-Sep-2016.

Last one week high and low of the scrip stood at Rs. 581.10 and Rs. 558.05 respectively. The current market cap of the company is Rs. 4605.60 crore.

The promoters holding in the company stood at 35.02%, while Institutions and Non-Institutions held 35.04% and 29.93% respectively.

Persistent Systems has entered into a strategic collaboration with Partners HealthCare, founded by Brigham and Women’s Hospital and Massachusetts General Hospital, to develop a new industry-wide open-source platform with the goal of bringing digital transformation to clinical care.

Persistent will help the digital transformation of clinical care at Partners and, together with Partners, develop an open-source platform to lower the barriers for knowledge exchange across health care providers and enable a new generation of decision support apps in the clinical environment.

This four-year collaboration will bring together the world class clinicians and researchers at Partners HealthCare with Persistent’s innovative healthcare technology and product engineering expertise.

The co-developed digital platform will be based on Substitutable Medical Applications & Reusable Technologies (SMART), an open, standards-based technology platform along with Fast Healthcare Interoperability Resources (FHIR). The platform will enable provider systems across the country to rapidly and cost-effectively deploy industry-leading best practices in clinical care across their ecosystems.