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1 Comment
Persistent Systems Limited is currently in a long term uptrend where the price is trading 57.5% above its 200 day moving average.
From a valuation standpoint, the stock is 100.0% cheaper than other stocks from the Technology sector with a price to sales ratio of 3.7.
Persistent Systems Limited's total revenue rose by 16.5% to $11B since the same quarter in the previous year.
Its net income has increased by 37.5% to $1B since the same quarter in the previous year.
Finally, its free cash flow grew by 157.8% to $2B since the same quarter in the previous year.
Based on the above factors, Persistent Systems Limited gets an overall score of 5/5.
ISIN | INE262H01013 |
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Sector | Technology |
Industry | Information Technology Services |
Exchange | NSE |
CurrencyCode | INR |
Market Cap | 855B |
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Beta | 0.69 |
PE Ratio | 61.28 |
Target Price | 5549.5884 |
Dividend Yield | 0.5% |
Persistent Systems Limited provides software products, services, and technology solutions in India, North America, and internationally. It operates through Banking, Financial Services and Insurance; Healthcare & Life Sciences; and Software, Hi-Tech and Emerging Industries segments. The company provides Persistent GenAI Hub, a generative artificial intelligence (AI) solution; consulting services for business strategy and transformation; software engineering services to architect, design, develop, and manage software product lifecycle; and CX transformation solutions, such as CX strategy, Salesforce cloud implementation, CX platform integration, customer analytics and insights, Salesforce industry solutions and accelerators. It also offers hybrid and multi-cloud transformation, data center modernization, cloud advisory, service management, service desk, digital workplace, and management and sustenance services, as well as CloudOps, a multi-cloud intelligent operations framework; business process management, robotic process automation, low code application development, and conversational AI solutions; and application modernization, maintenance and support, and portfolio rationalization, as well as application and platform development solutions. In addition, the company enterprise IT security solutions comprising managed security, security assurance and data security, and identity access management, as well as governance, risk, and compliance services; data and analytics advisory, data stack modernization, data science and machine learning, data connectors and certification, and data strategy and governance services; and enterprise integration strategy and advisory, API-led and managed integration, and migration services. It serves customers in the banking, financial services, insurance, healthcare, life sciences, consumer tech, industrial, software and hi-tech, and telecom and media sectors. The company was incorporated in 1990 and is based in Pune, India.
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