NIFTY 22200.55 BANK 47687.45

Persistent Systems Ltd.
Share Price Target & Analysis

NSE:PERSISTENT

3462.88

VWAP

3421.00

Open

3424

Close

3490.00

High

3413.00

Low

4450.00

52 Week High

3481.45 ⇧
57.45 (1.68%)

PERSISTENT

(IT)
54.6% Momentum

Turnaround Potential

2308.50

52 Week Low

64.07

EPS

31.08

PE

11.84

PB

Economical
Quality

Diamond
Valuation

#Analysis

NSE: PERSISTENT Share Price Financial Analysis & Valuation

Persistent Systems Ltd. (PERSISTENT) is broadly categorized in IT segment industry which deals in Computers - Software vertical. It is one of Mid Cap company with Market Capitalization of Rs 31087.5 (in Cr). Total number of free float shares are 8 (in Lacs). Persistent Systems Ltd. is listed on NSE with Exchange ID - INE262H01021 and trading code is NSE:PERSISTENT with short name Persistent.

Persistent Systems Ltd. is good enough to Outperformed the market. PERSISTENT gives better return on an investment after adjusting for market-related volatility and random fluctuations as compared to market.

In the past 1 year, Persistent Systems Ltd. has declared an equity dividend of Rs 26 per share. At the current share price of PERSISTENT at Rs 3481.45, this results in a dividend yield of 0.75 %.

As per the Fundamental Analysis of NSE:PERSISTENT, which uses revenues, earnings, future growth, financial ratios, return on equity, profit margins, and other data to determine PERSISTENT underlying value and future prospects. All of this data is available in PERSISTENT financial statements.

Quality of the Stock: As per the fundamental analysis of NSE:PERSISTENT, it is clearly understood that PERSISTENT is Economical performer in terms of earnings and profit margins with an EPS of 64.07. NSE:PERSISTENT book value per share as of today is 294.03. The current price to book ratio for PERSISTENT as of May 15, 2024 is 11.84.

Valuation of the Stock: The current valuation of PERSISTENT stock is like Diamond which means currently the stock is Very Expensive. Now, it's totally depends upon the risk appetite of an investor and risk-reward ratio of PERSISTENT whether to BUY this stock at current valuation. The delivery percentage of PERSISTENT is 35.72% is very crucial parameter which shows that 35.72% investors are anticipating that the price of PERSISTENT share should go up with VWAP at 3462.88.

Now, the main question is whether to BUY or SELL, NSE:PERSISTENT at current valuation.
As per latest Analysis No. #1639:-

⇑ STRONG BUY PERSISTENT if All Greens

⇗ BUY PERSISTENT (at Lower Levels) if any 2 Greens

⇒ NEUTRAL or HOLD PERSISTENT (With Stop Loss) if only 1 Green

⇘ SELL PERSISTENT if NO Green Indicator

NSE: PERSISTENT Share Price Today (May 15, 2024)

(Persistent Systems Ltd. Daily Analysis on the basis of PERSISTENT Intraday Graph & Trend)

Persistent Systems Ltd. share price moved Up by 1.68% from its previous close of Rs 3424. PERSISTENT stock last traded price is 3481.45. PERSISTENT share price trend is Up with a total of 694250 stocks traded till now. It has touched an intraday high of Rs 3490.00 and an intraday low of Rs 3413.00. The PERSISTENT trading at 3481.45, Up by Rs. 57.45, or 1.68 percent which suggests that most of the Traders are anticipating that the price of PERSISTENT share should go Up.

NSE: PERSISTENT Share Price Tomorrow Prediction

(Persistent Systems Ltd. Share Price Prediction for Tomorrow & future forecast is based on Current Trend of PERSISTENT)

Persistent Systems Ltd. share price moved Up by 1.68%. PERSISTENT share price short term trend is Up. It suggests that PERSISTENT Share Price for Tomorrow remains the same with VWAP at 3462.88 will be treated as stop loss for intraday traders. Persistent Systems Ltd. Long term investors can follow the PERSISTENT long term trend as mentiond in future forecast table.

NSE Code

NSE: PERSISTENT

PERSISTENT Share Price Today

 3481.45

PERSISTENT Share Price Target Prediction for 2024 ^

 3251 - 4472

PERSISTENT Share Price Target Prediction for 2025*^

 4472 - 4764.2

PERSISTENT Share Price Target Prediction for 2026*^

 4764.2 - 5097.7

PERSISTENT Share Price Target Prediction for 2027*^

 5353

PERSISTENT Share Price Target Prediction for 2028*^

 5506

PERSISTENT Share Price Target Prediction for 2030*^

 6001
PERSISTENT Current Book Value 2023
292.6

*Persistent Systems Ltd. Short Term & Long Term share price target is based on current financial year earings of the company.
^PERSISTENT share price target prediction for 2024 2025 & 2026 to 2030 is based on current market scenario, future forecast & growth assumptions, they might change subject to market sentiments.

PERSISTENT Technical Analysis

Candlestick Pattern: @3373.8

PERSISTENT Moving Averages

BUY (1) NEUTRAL (0) SELL (13)
MA Simple Action S1 Expo Action E2
MA_5 3439.41 SELL 3458.46 SELL
MA_12 3702.98 SELL 3637.44 SELL
MA_20 3799.66 SELL 3735.71 SELL
MA_32 3919.84 SELL 3848.12 SELL
MA_50 4038.08 SELL 3893.03 SELL
MA_100 3988.88 SELL 3834.44 SELL
MA_200 3354.07 BUY 3457.44 SELL

PERSISTENT Trend Oscillators

BUY (1) NEUTRAL (0) SELL (3)
Trend Oscillators Value Action
Bollinger Bands 3799.66 Downtrend
MACD -50.79 SELL
ADX 48 Strong Trend
DMI (+/-) 8.38 / 40.19 Downtrend

PERSISTENT Momentum Oscillators

BUY (0) NEUTRAL (2) SELL (10)
Momentum Oscillators Value Action
RSI 22.01 Oversold
STOCHASTIC_K (Fast) 9.07 Oversold
STOCHASTIC_D (Slow) 14.76 Oversold
CCI -103.95 SELL
PSAR 3758.74 SELL
TRUE RANGE 80 SELL
ATR 128.5 Neutral
WILLIAMS R -92.02 Oversold
TRIX 0 Neutral
STOCHASTIC RSI K 0 Oversold
STOCHASTIC RSI D 0 Oversold
MOMENTUM -663.6 SELL

PERSISTENT Last 1 Year Trend

Duration Value
1 Year 50.88%
3 Months -14.82%
1 Month -16.44%
1 Week -3.84%

PERSISTENT Technical Analysis Summary

Updated on 2024-04-29
Action Overall (%)
BUY 7%
NEUTRAL / HOLD 7%
SELL 87%

Most popular Questions & Answers about PERSISTENT


Persistent Systems Ltd. stock last traded price is 3481.45. PERSISTENT share price moved Up by 1.68% from its previous close of Rs 3424.

Persistent Systems Ltd. share price trend is Up with a total of 694250 stocks traded till now. It has touched an intraday high of Rs 4494.5 and an intraday low of Rs 3413.00. The PERSISTENT trading at 3481.45, Up by Rs. 57.45, or 1.68 percent which suggests that most of the Traders are anticipating that the price of PERSISTENT share should go Up and the Stop Loss will be around 3462.88.

The market cap of Persistent Systems Ltd. is ₹31087.5 (in Cr) as of May 14, 2024.

The current price to earning ratio for Persistent Systems Ltd. as of May 14, 2024 is 31.08.

The current price to book ratio for Persistent Systems Ltd. as of May 14, 2024 is 11.84.

The highest price of Persistent Systems Ltd. stock is ₹4450.00 in the last 52-week.

The lowest price of Persistent Systems Ltd. stock is ₹2308.50 in the last 52-week.

Persistent Systems Ltd. share trading at ₹3481.45, Up by Rs. 57.45, or 1.68 percent which suggests that most of the traders are anticipating that the price of PERSISTENT share should go Up.

In 2023, Stock price target for Persistent Systems Ltd. (PERSISTENT) are ₹3251 on downside and ₹4472 on upside. Persistent Systems Ltd. share price target is based on current financial year earings of the company.

In 2024, Stock price target for Persistent Systems Ltd. (PERSISTENT) are ₹4472 on downside and ₹4764.2 on upside. Persistent Systems Ltd. share price target is based on forecasted future earnings of the company.

In 2025, Stock price target for Persistent Systems Ltd. (PERSISTENT) are ₹4764.2 on downside and ₹5097.7 on upside. Persistent Systems Ltd. share price target is based on Discounted Cash Flow (DCF) method uses the projected future cash flows of the business.

In next five years, Stock price target for Persistent Systems Ltd. (PERSISTENT) will be around ₹5506 Persistent Systems Ltd. share price target is based on market scenario & growth assumptions, they might change subject to market sentiments and forecasted future earnings of PERSISTENT.

As per the fundamental analysis of Persistent Systems Ltd. (PERSISTENT), it is of Economical quality in terms of earnings and profit margins with an EPS of 64.07. Persistent Systems Ltd. book value per share as of today is 294.03. The current price to book ratio for PERSISTENT as of May 15, 2024 is 11.84.


NSE:PERSISTENT News & Other Useful Information about PERSISTENT Share Price


Peer Comparison of NSE: PERSISTENT

The Peers list includes companies operating in the same industry and having comparable market cap.

Sector: Computers - Software

Company Price EPS BV
TCS 3882.70 120.39 199.33
INFY 1419.95 65.6 163.19
WIPRO 458.50 17.44 119.96
HCLTECH 1335.00 43.02 145.45
TECHM 1276.90 21.79 254.1
LTI 4634.85 125.6 540.21
MINDTREE 3433.85 90.8 331.82
MPHASIS 2275.80 76.59 265.28
TATAELXSI 7231.00 127.25 402.34
PERSISTENT 3481.45 64.07 294.03
Updated at: 15 May 2024 15:29

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SITEMAP 4535
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