Persistent Systems Ltd.

Persistent Systems is currently trading at Rs. 2490.00, up by 13.40 points or 0.54% from its previous closing of Rs. 2476.60 on the BSE.

The scrip opened at Rs. 2524.00 and has touched a high and low of Rs. 2524.00 and Rs. 2481.10 respectively. So far 1623 shares were traded on the counter.

The BSE group 'A' stock of face value Rs. 10 has touched a 52 week high of Rs. 2595.00 on 27-May-2021 and a 52 week low of Rs. 554.00 on 05-Jun-2020.

Last one week high and low of the scrip stood at Rs. 2595.00 and Rs. 2460.00 respectively. The current market cap of the company is Rs. 18988.94 crore.

The promoters holding in the company stood at 31.29%, while Institutions and Non-Institutions held 48.85% and 19.86% respectively.

Persistent Systems is planning to expand its relationship with IBM to help fuel open hybrid cloud adoption, core IT modernization and digital transformation for customers across the enterprise. The company will continue to invest in IBM technology that helps its customers adopt hybrid cloud architectures with Red Hat OpenShift, industry-specific clouds and advanced security practices.

Spanning more than 20 years, Persistent’s collaboration with IBM grew from a project in security to collaborating on more than 400 shared customers and experience across 50 IBM brands and 125 IBM products including IBM Cloud Paks.

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.