PERSISTENT SYSTEMS at All Time High; BSE IT Index Up 0.3%
Mon, 22 Mar 09:40 AM

PERSISTENT SYSTEMS share price has hit an all-time high at Rs 1,988 (up 1.5%).

Meanwhile, the BSE IT Index is at 26,071 (up 0.3%).

Among the top gainers in the BSE IT Index today are PERSISTENT SYSTEMS (up 1.5%) and L&T INFOTECH (up 1.1%).

HEXAWARE TECHNOLOGIES and ZENSAR TECHNOLOGIES (down 0.1%) are among the top losers today.

Over the last one year, PERSISTENT SYSTEMS has moved up from Rs 571 to Rs 1,988, registering a gain of Rs 1,418 (up 246.3%).

The BSE IT has moved up from 11,564 to 26,071, registering a gain of 14,507 points (up 125.4%) during the last 12 months.

The top gainers among the BSE IT Index stocks during this same period were INTELLECT DESIGN (up 1094.3%), TATA ELXSI (up 305.2%) and FIRSTSOURCE SOLUTIONS (up 260.9%).

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What About the Benchmark Indices?

The BSE Sensex is at 49,879 (down 0.3%). The top gainers among the BSE Sensex stocks today are SUN PHARMA (up 1.1%), ASIAN PAINTS (up 0.5%) and HDFC (up 0.4%). Other gainers include INFOSYS (up 0.3%) and TECH MAHINDRA (up 0.3%). The most traded stocks in the BSE Sensex are ITC and HUL.

In the meantime, NSE Nifty is at 14,739 (down 0.3%). The top gainers in the NSE Nifty include CIPLA (up 2.3%), BPCL (up 1.8%) and BRITANNIA (up 1.5%). Other gainers include DR. REDDYS LAB (up 1.4%) and DIVIS LABORATORIES (up 1.3%).

Over the last 12 months, the BSE Sensex has moved up from 28,870 to 49,879, registering a gain of 21,009 points (up 72.2%).

PERSISTENT SYSTEMS Financial Update...

PERSISTENT SYSTEMS net profit stood at Rs 1 billion for the quarter ended December 2020, compared to a profit of Rs 879 million a year ago. Net Sales rose 16.5% to Rs 10.8 billion during the period as against Rs 9.2 billion in October-December 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 39.8x.



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

  

Stock Market Updates

Mar 22, 2021 Closing

Indian share markets witnessed volatile trading activity throughout the day today and ended on a flat note.

Mar 22, 2021 12:30 pm

BSE Sensex is trading down by 456 points, while the NSE Nifty is trading down by 86 points.

Mar 22, 2021 09:30 am

Indian share markets open lower. The BSE Sensex opened down by 228 points, while the Nifty is trading lower by 51 points.

Mar 22, 2021 09:40 AM

WOCKHARDT share price is trading up by 6% and its current market price is Rs 449. The BSE HEALTHCARE is up by 1.0%. The top gainers in the BSE HEALTHCARE Index is WOCKHARDT (up 5.6%). The top losers are PROCTER & GAMBLE HEALTH (down 0.2%) and PFIZER (down 0.4%).

Mar 22, 2021 09:36 AM

TATA INVESTMENT share price is trading down by 5% and its current market price is Rs 1,028. The BSE 500 is down by 0.2%. The top gainers in the BSE 500 Index are GSK CONSUMER (up 5.1%) and BHARAT DYNAMICS (up 4.9%). The top losers are TATA INVESTMENT (down 5.3%) and KPR MILL (down 5.0%).

Mar 22, 2021 09:28 AM

KPR MILL share price is trading down by 5% and its current market price is Rs 1,138. The BSE 500 is down by 0.2%. The top gainers in the BSE 500 Index are BHARAT DYNAMICS (up 5.4%) and GSK CONSUMER (up 5.1%). The top losers are KPR MILL (down 5.1%) and PNC INFRATECH (down 5.6%).

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