Reduce Persistent Systems; target of Rs 3700: Emkay Global FinancialMoneycontrol • 12 days ago
Emkay Global Financial recommended reduce rating on Persistent Systems with a target price of Rs 3700 in its research report dated April 22, 2024.
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Sharekhan is bullish on Persistent Systems has recommended buy rating on the stock with a target price of Rs 4,150 in its research report dated April 22, 2024.
Aside from the ratings upgrades awarded by JPMorgan, the brokerage also remains overweight on LTIMindtree and Infosys.
Emkay Global Financial recommended reduce rating on Persistent Systems with a target price of Rs 7850 in its research report dated March 11, 2024.
Around 70% of stocks in Nifty MidCap 100 and Nifty SmallCap 100 indices witnessed a rise in mutual fund stakes in December 2023 quarter, according to Ace Equities data.
The board of directors declared an interim dividend of Rs 32 per share on the face value of Rs 10 each for the financial year 2023-2024, the company informed the bourses. It has also recommended to split the face value of shares from Rs 10 to Rs 5 per share