Persistent Systems Ltd.

Persistent Systems is currently trading at Rs. 303.30, up by 2.45 points or 0.81% from its previous closing of Rs. 300.85 on the BSE.

The scrip opened at Rs. 298.00 and has touched a high and low of Rs. 306.00 and Rs. 290.00 respectively.

The BSE group 'B' stock of face value Rs. 10 has touched a 52 week high of Rs. 467.15 on 04-Jan-2011 and a 52 week low of Rs. 280.80 on 29-Aug-2011.

Last one week high and low of the scrip stood at Rs. 312.50 and Rs. 290.00 respectively. The current market cap of the company is Rs. 1203.40 crore.

The promoters holding in the company stood at 38.95% while Institutions and Non-Institutions held 32.11% and 28.95% respectively.

Persistent Systems, the leader in outsourced software product development services has partnered with IL&FS Education and Technology Services to develop a series of mobile based learning applications on IL&FS Education’s Exploriment learning platform.

Exploriment is a simulation-based interactive platform designed for enhancing students’ conceptual understanding in Science and Math. As a technology partner, Persistent System will be developing mobile based applications on the Exploriment learning model for various mobile platforms like tablets and other hand held devices.

Exploriment intends to create a platform that enhances the delivery of quality education through the use of technology by providing a highly interactive and engaging experience for students and teachers.

Earlier in November, Persistent Systems and Proactive Education, Inc., a Cloud solution services and project management firm, entered into partnership to enable small and medium sized businesses (SMBs) to rapidly, intelligently and economically migrate their software and applications to the Cloud with confidence.