PERSISTENT SYSTEMS Share Price Up by 5%; BSE IT Index Up 3.5%
Tue, 22 Dec 03:26 PM

PERSISTENT SYSTEMS share price has zoomed 5% and is presently trading at Rs 1,394.

Meanwhile, the BSE IT Index is at 23,656 (up 3.5%).

Among the top Gainers in the BSE IT Index today are PERSISTENT SYSTEMS (up 5.5%) and L&T INFOTECH (up 5.2%).

Over the last one year, PERSISTENT SYSTEMS has moved up from Rs 674 to Rs 1,394, registering a gain of Rs 720 (up 105.9%).

On the other hand, the BSE IT has moved up from 15,440 to 23,656, registering a gain of 8,216 points (up 53.0%) during the last 12 months.

The top buzzing stocks among the BSE IT Index stocks during this same period were L&T INFOTECH (up 116.7%), PERSISTENT SYSTEMS (up 105.9%) and INTELLECT DESIGN (up 99.3%).

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What About the Benchmark Indices?

The BSE Sensex is at 46,067 (up 1.0%).

The top gainers among the BSE Sensex stocks today are HCL TECHNOLOGIES (up 5.3%), TECH MAHINDRA (up 4.4%) and INFOSYS (up 3.8%). Other gainers include SUN PHARMA (up 3.1%) and POWER GRID (up 2.5%). The most traded stocks in the BSE Sensex are ONGC and ITC.

In the meantime, NSE Nifty is at 13,492 (up 1.1%). The top gainers in the NSE Nifty include ADANI PORTS & SEZ (up 5.4%), HCL TECHNOLOGIES (up 5.1%) and TECH MAHINDRA (up 4.2%). Other gainers include INFOSYS (up 3.6%) and GAIL (up 3.6%) are among the top gainers in NSE Nifty.

Over the last 12 months, the BSE Sensex has moved up from 41,352 to 46,067, registering a gain of 4,715 points (up 11.30%).

PERSISTENT SYSTEMS Financial Update...

PERSISTENT SYSTEMS net profit stood at Rs 1 billion for the quarter ended September 2020, compared to a profit of Rs 879 million a year ago. Net Sales rose 9.2% to Rs 10.1 billion during the period as against Rs 9.2 billion in July-September 2019.

For the year ended March 2018, PERSISTENT SYSTEMS reported 3.3% increase in net profit to Rs 3.2 billion compared to net profit of Rs 3.1 billion during FY17.

Revenue of the company grew 5.4% to Rs 30 billion during FY18.

The current Price to earnings ratio of PERSISTENT SYSTEMS, based on rolling 12 month earnings, stands at 30.5x.



What else is happening in the markets today? Dig in...

  

Stock Market Updates

Dec 22, 2020 Closing

Indian share markets staged a strong recovery from intraday low levels in the afternoon session on the back of buying in IT heavyweights like Infosys, Tata Consultancy Services (TCS), HCL Technologies and Tech Mahindra.

Dec 22, 2020 03:28 PM

GRANULES INDIA share price is trading up by 5% and its current market price is Rs 362. The BSE HEALTHCARE is up by 1.9%. The top gainers in the BSE HEALTHCARE Index are GRANULES INDIA (up 5.4%) and SYNGENE INTERNATIONAL (up 5.4%). The top losers are PFIZER and WOCKHARDT (down 0.3%).

Dec 22, 2020 03:26 PM

PERSISTENT SYSTEMS share price has hit an all time high at Rs 1,394 (up 5.5%). The BSE IT Index is up by 3.5%. Among the top gainers in the BSE IT Index today are PERSISTENT SYSTEMS (up 5.5%) and L&T INFOTECH (up 5.2%). The top losers include HEXAWARE TECHNOLOGIES .

Dec 22, 2020 03:18 PM

HCL TECHNOLOGIES share price is trading up by 5% and its current market price is Rs 915. The BSE IT is up by 3.5%. The top gainers in the BSE IT Index are HCL TECHNOLOGIES (up 5.2%) and L&T INFOTECH (up 5.4%). The top losers is ORACLE FINANCIAL (down 0.2%).

Dec 22, 2020 03:10 PM

WELSPUN CORP share price is trading up by 6% and its current market price is Rs 125. The BSE CAPITAL GOODS is up by 1.1%. The top gainers in the BSE CAPITAL GOODS Index are WELSPUN CORP (up 5.5%) and SADBHAV ENGINEERING (up 6.2%). The top losers are HAVELLS INDIA and HINDUSTAN AERO. (down 0.1%).

Dec 22, 2020 03:02 PM

INDRAPRASTHA GAS share price is trading up by 7% and its current market price is Rs 501. The BSE OIL & GAS is up by 0.8%. The top gainers in the BSE OIL & GAS Index is INDRAPRASTHA GAS (up 6.7%). The top losers are HPCL and ONGC (down 0.2%).

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