Company Profile

PERSISTENT SYSTEMS LTD.

NSE : PERSISTENTBSE : 533179ISIN CODE : INE262H01013Industry : IT - Software House : Persistent Systems
BSE716.90-2 (-0.28 % )
PREV CLOSE (Rs.) 718.90
OPEN PRICE (Rs.) 720.00
BID PRICE (QTY) 0.00 (0 )
OFFER PRICE (QTY) 0.00 (0 )
VOLUME 2730
TODAY'S LOW / HIGH (Rs.)710.90 720.25
52 WK LOW / HIGH (Rs.)472.25 739.9
NSE717.15 -1.45 (-0.2 % )
PREV CLOSE(Rs.) 718.60
OPEN PRICE (Rs.) 714.95
BID PRICE (QTY) 717.15 (96 )
OFFER PRICE (QTY) 0.00 (0 )
VOLUME 41425
TODAY'S LOW / HIGH(Rs.) 710.00 721.55
52 WK LOW / HIGH (Rs.)468.75 740

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STOCK SUMMARY
Trade Value (Rs. in Lacs) 0.00
Dividend Yield(%) 1.53
TTM EPS (Rs.) 46.09
P/E Ratio 15.55
Book Value (Rs.) 299.19
Face Value (Rs.) 10
MCap (Rs. in Mn) 54789.08
Price/Earning (TTM) 13.51
Price/Sales (TTM) 2.66
Price/Book (MRQ) 2.40
PAT Margin (%) 16.07
ROCE (%) 20.50
Incorporation Year : 1990

Management Info :

Anand Deshpande - Chairman Anand Deshpande - Managing Director

Registered Office :

Address : Bhageerath 402,Senapati Bapat Road , ,
Pune,
Maharashtra-411016

Phone : +91-20-6703 0000

Website : www.persistent.com

Registrar's Details : Link Intime India Pvt Ltd.
Block No 202, 2nd Floor,Akshay Complex, Near Ganesh Temple,Off Dhole Patil Road ,Pune
Listing : BSE, NSE, MCX
NEWS More
30Jan01-30-2020$Persistent Systems informs about outcome of board meeting Persistent Systems informs a

Persistent Systems has informed that the Board of Directors, at its meeting held on January 29, 2020 and concluded on January 30, 2020 at 1610 HRS (IST), has taken the following decisions: Approval of the Unaudited Financial Results for Q3 FY20; and approval of the payment of Interim Dividend for FY 2019-20.

The above information is a part of company’s filings submitted to BSE.

Persistent Systems has informed that the Board of Directors, at..
30Jan01-30-2020$Persistent Systems informs about press release Persistent Systems informs a

Persistent Systems has informed that the Company has made a press release dated January 30, 2020 announcing the financial results for the quarter and period ended December 31, 2019, as approved by the Board of Directors at its meeting held on January 29, 2020 and concluded on January 30, 2020.

The above information is a part of company’s filings submitted to BSE.

Persistent Systems has informed that the Company has made a pre..
30Jan01-30-2020$ Announcement under Regulation 30 (LODR)-Dividend Updates Announcement under Regulati
In continuation of above referred letter dated December 19, 2019, we wish to inform you that the Board of Directors at its meeting held on January 29, 2020 and concluded on January 30, 2020 has approved payment of Interim Dividend of INR 9 (Nine} per Equity Share of INR 10 each for the Financial Year 2019-20.
In continuation of above referred letter dated December 19, 201..
24Jan01-24-2020$Persistent Systems, ValidSoft develop secure digital voice authentication Persistent Systems, ValidSof

Persistent Systems and ValidSoft have jointly developed a secure digital voice authentication for continuous user validation, integrated with Persistent's banking solutions. As part of Persistent Digital Bank Solution, Persistent will leverage ValidSoft’s Precision Voice Biometrics to ensure strong identity assurance for all individuals transacting on their platform.

Persistent helps credit unions and small and medium-sized banks quickly deliver digital solutions that transform how they engage and serve their members/customers using technologies such as voice biometrics, artificial intelligence, machine learning and cloud computing.

Persistent Systems is a global company specializing in software product and technology services. Persistent develops best-in-class solutions in key next-generation technology areas including Analytics, Big Data, Cloud Computing, Mobility and Social, for the telecommunications, life sciences, healthcare and banking & financial services verticals.

Persistent Systems and ValidSoft have jointly developed a secur..
24Jan01-24-2020$Persistent Systems, S P Apparels and HFCL to see some action today Persistent Systems, S P Appa

Persistent Systems and ValidSoft have jointly developed a secure digital voice authentication for continuous user validation, integrated with Persistent's banking solutions. As part of Persistent Digital Bank Solution, Persistent will leverage ValidSoft’s Precision Voice Biometrics to ensure strong identity assurance for all individuals transacting on their platform.

S P Apparels has received approval to sell the Retail Division on a slump sale / going concern basis to S.P. Retail Brands. The total consideration of the deal will be Rs 81 crore which will be settled by S.P. Retail Brands partly by cash and a portion by way of compulsorily convertible preference shares of S.P. Retail Brands. The cash settlement will be partly made immediate and partly through deferred payment.

Himachal Futuristic Communications (HFCL) has commissioned and commenced the commercial production of Greenfield Optical Fibre manufacturing facility at Telangana, Hyderabad with effect from January 23, 2020. This Optical Fibre Plant with a capacity of 6.40m fkm p.a. is designed to scale up to 9.60m fkm p.a. in future. The Company has already made an outlay of Rs 236 crore to set up this State of Art Plant, till date.

Oriental Bank of Commerce has reported 39.11% rise in its net profit at Rs 201.66 crore for third quarter ended December 31, 2019 as compared to Rs 144.96 crore for the same quarter in the previous year. Total income of the Bank increased by 10.04% at Rs 5642.61 crore for Q3FY20 as compared Rs 5127.98 crore for the corresponding quarter previous year.

Canara Bank has reported a rise of 3.81% in its net profit at Rs 329.62 crore for third quarter ended December 31, 2019 as compared to Rs 317.52 crore for the same quarter in the previous year. Total income of the bank increased by 3.61% at Rs 14001.63 crore for Q3FY20 as compared Rs 13513.35 crore for the corresponding quarter previous year.

Laurus Labs has received an Establishment Inspection Report (EIR) (for the Pre-Approval Inspection) from US Food and Drug Administration (USFDA) for its Unit-2 (FDF&API integrated facility) located at APSEZ, Atchutapuram, Visakhapatnam, Andhra Pradesh. The Pre-Approval Inspection (PAI) was carried out from November 04, 2019 to November 08, 2019.

KEC International has secured new orders of Rs 1255 crore across its various businesses. Transmission and Distribution business and SAE Towers have secured orders of Rs 510 crore for T&D projects in Africa, Middle East and the Americas. The Railway business has secured orders of Rs 449 crore for Overhead Electrification (OHE) works and associated civil works in India. The Civil business has secured orders of Rs 161 crore for residential and industrial projects in India. Besides, company’s Cables business has secured orders of Rs 135 crore for various types of cables/ cabling projects.

Persistent Systems and ValidSoft have jointly developed a secur..
Financials More
Rs. in Millions
QTR Dec 19 ANNUAL 19
Net Profit899.5600000000013150.08
Gross Profit 1206.76 4383.76
Operating Profit 1357.714843.11
Net Sales 5448.7919598.67
ROLLING FORWARD P/E (EOD)
EVENT CALENDAR
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Shareholding Pattern More
PROMOTERS 31.91 %
NON-INSTITUTION 25.1 %
MUTUAL FUNDS/UTI 20.79 %
FI/BANKS/INSURANCE 0.87 %
GOVERNMENT 0 %
FII 0 %
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