Persistent Systems Ltd.

BSE: 533179 | NSE: PERSISTENT
Mid Cap | IT - Software
6389.00
-47.00 (-0.73%)
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Persistent Systems gains as Morgan Stanley buys 13.18 lakh shares

Date: 23-06-2017

Persistent Systems is currently trading at Rs. 658.00, up by 1.35 points or 0.21% from its previous closing of Rs. 656.65 on the BSE.

The scrip opened at Rs. 663.70 and has touched a high and low of Rs. 664.00 and Rs. 653.05 respectively. So far 1195 shares were traded on the counter.

The BSE group 'A' stock of face value Rs. 10 has touched a 52 week high of Rs. 718.90 on 24-Jun-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. 687.80 and Rs. 647.00 respectively. The current market cap of the company is Rs. 5256.00 crore.

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

Morgan Stanley has bought 13,18,427 shares of Persistent Systems on June 22, 2017. Morgan Stanley India Investment Fund Inc has bought 6,59,575 shares at Rs 676.66 and Morgan Stanley Invest Fds Indian EQ Fund bought 6,58,852 shares at Rs 676.66 on the NSE. However, FIL Investments Mauritius has sold 12,06,186 shares of the company at Rs 676.63 on the NSE on the same day.

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.