Persistent Systems Ltd.

Persistent Systems is currently trading at Rs. 601.00, up by 6.80 points or 1.14% from its previous closing of Rs. 594.20 on the BSE.

The scrip opened at Rs. 597.00 and has touched a high and low of Rs. 605.00 and Rs. 597.00 respectively. So far 3,500 shares were traded on the counter.

The BSE group 'B' stock of face value Rs. 10 has touched a 52 week high of Rs. 620.00 on 12-Sep-2013 and a 52 week low of Rs. 404.15 on 24-Sep-2012.

Last one week high and low of the scrip stood at Rs. 599.00 and Rs. 565.00 respectively. The current market cap of the company is Rs. 2,404 crore.

The promoters holding in the company stood at 38.96% while Institutions and Non-Institutions held 34.15% and 26.89% respectively.

Persistent Systems, a global leader in software product and technology services, and Platinum level member of the Oracle Partner Network (OPN), has expanded its Oracle practice to help Oracle partners and customers solve the increasingly complex data, mobility and security challenges associated with next-generation enterprises.

The company unveiled its expansion at Oracle Open World 2013, the world’s largest educational and networking event for Oracle technology providers, partners and customers. Persistent Systems’ Oracle practice leaders are on hand to showcase the company’s services and solutions supporting Oracle’s product portfolios.

Persistent Systems is an OPD specialty company, offering the customers the benefits of offshore delivery. It designs, develops and maintains software systems and solutions, creates new applications and enhances the functionality of the customers’ existing software products. It delivers services across all stages of the product life-cycle, which enables it to work with a wide-range of customers and allows it to develop, enhance and deploy its customers’ software products.