 Hey, I want to invite you to join Stocktwits. It’s the largest global community of active traders. You’ll get access to the real-time market insights, news, discussion and much more! You can sign up using my unique link below 
 


 has invited you to join Stocktwits

Persistent Systems achieved  Premier Tier Services Partner status within the Amazon Web Services (AWS) Partner Network (APN), further strengthening its relationship with AWS. Achieving the highest level of APN status demonstrates Persistents expertise and success in helping clients design, architect, migrate, modernize, and manage their AWS workloads while maximizing their cloud investments.Reaching AWS Premier Tier Services Partner status is an acknowledgment of Persistents investments in IP, assets, and accelerators, coupled with extensive domain expertise. Theseassets help automate the deployment process and accelerate clients cloud journeys to conformwith global compliance frameworks. Persistents industry-leading cloud practice, coupled with AWSs scalable, flexible, and cost-effective cloud services, empowers the Company to deliver increased value through its comprehensive suite of technology services for mid-market and enterprise clients. Persistent has recently been recognized as a Challenger in the 2023 Gartner® Magic Quadrant™ for Public Cloud IT Transformation Services.

Persistent achieves AWS Premier Tier Services Partner status

Sharekhan is bullish on Persistent Systems has recommended buy rating on the stock with a target price of Rs 6000 in its research report dated August 31, 2023.

Buy Persistent Systems; target of Rs 6000: Sharekhan

Persistent Systems has been named a Leader in Everest Groups Payments IT Services PEAK Matrix® Assessment 2023. This recognition reflects Persistents differentiated expertise in the payments industry that empowers businesses to modernize their infrastructure with fast, flexible, and secure payment solutions.Todays interconnected business landscape and increasing emphasis on digital experiences have amplified the need for payments modernization and transformation for most organizations. In addition, with rampant and sophisticated frauds and scams, organizations are looking at modernizing fraud prevention to prevent bad actors from exploiting their payment systems. Persistent has leveraged its 20+ years of deep domain expertise in the payments landscape, investments into developing personalized solutions, and innovative frameworks and accelerators to support its clients in these endeavors.In its first edition of the Payments IT Services PEAK Matrix® Assessment, Everest Group evaluated 30 leading payments IT service providers based on their capabilities and market impact. The report provides an objective, data-driven assessment of service providers based on their overall vision and capability, as well as market impact across different global services markets. Persistent has been recognized for:Industry-leading revenue growth enabled by business contextualized IP with offerings such as smart contract engine, intelligent interface for fraud prevention, and API integrations for tokenization and encryption.Rich offerings portfolio with superior product delivery, powered by a suite of partnerships with leading technology providers, hyperscalers, and FinTechs.Client-recognized domain expertise across platforms services, application development, and servicing of product companies.Enhanced capabilities across the payments ecosystem with specific domain-centric investments.

Persistent named Leader in Everest Group's Payments IT Services PEAK Matrix® Assessment 2023

Persistent Systems Ltd is up for a third straight session today. The stock is quoting at Rs 5322.6, up 2.64% on the day as on 12:49 IST on the NSE. The benchmark NIFTY is down around 0.2% on the day, quoting at 19308.05. The Sensex is at 65001.66, down 0.13%. Persistent Systems Ltd has gained around 10.67% in last one month. Meanwhile, Nifty FMCG index of which Persistent Systems Ltd is a constituent, has gained around 3.32% in last one month and is currently quoting at 31103.9, up 0.61% on the day. The volume in the stock stood at 4.38 lakh shares today, compared to the daily average of 3.1 lakh shares in last one month. The benchmark August futures contract for the stock is quoting at Rs 5325.35, up 2.72%  on the day. Persistent Systems Ltd is up 56.55% in last one year as compared to a 10.06% jump in NIFTY and a 12.38% jump in the Nifty FMCG index.The PE of the stock is 44.85 based on TTM earnings ending June 23.

Persistent Systems Ltd rises for third consecutive session

There’s a clear divergence in the YTD performance of Nifty IT index constituents, with the smaller companies outperforming the industry giants by a sizeable margin.

Big 4 IT stocks yet to catch up with mid-sized peers

The partnership will equip clients with AI solutions to understand how to successfully identify and implement advanced technologies to their businesses at scale, the company said

Persistent Systems partners with Google Cloud to launch generative AI solutions

FIIs have withdrawn around $2.12 billion from the information technology sector, so far, in 2023 amid a challenging demand environment. Mutual funds, however, increased stakes in some midcap IT companies in the June quarter

FIIs cut stake in IT players in Q1, Wipro, HCL Tech resilient

Motilal Oswal recommended Neutral rating on Persistent Systems with a target price of Rs 4600 in its research report dated July 23, 2023.

Neutral Persistent Systems; target of Rs 4600: Motilal Oswal

Sharekhan is bullish on Persistent Systems has recommended buy rating on the stock with a target price of Rs 5500 in its research report dated July 21, 2023.

Buy Persistent Systems; target of Rs 5500: Sharekhan

ICICI Securities is bullish on Persistent Systems recommended buy rating on the stock with a target price of Rs 5776 in its research report dated July 22, 2023.

Buy Persistent Systems; target of Rs 5776: ICICI Securities

Persistent Systems Ltd. is a technology services company. It engages in delivering digital business acceleration, enterprise modernization, and next generation product engineering services. The firm operates through the following segments: Banking, Financial Services & Insurance, Healthcare & Life Sciences, and Technology Companies & Emerging Verticals. The company was founded by Anand Suresh Deshpande, Sonali Deshpande, Pradeep Kumar Bhargava, and Suresh Purushottam Deshpande on May 30, 1990 and is headquartered in Pune, India.

Watchers	164
52-Wk Low	3,085.54
52-Wk High	6,035.00

Market Cap	449.96B
Volume (M)	258,771.00
52-Wk High	6,035.00
52-Wk Low	3,085.54

PERSISTENT.NSE Persistent Systems Ltd.

About

Feed

News

Fundamentals