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Persistent Systems

Founded Year




Date of IPO


About Persistent Systems

Persistent Systems (BSE and NSE: PERSISTENT) is a global company specializing in building software that drives the business of customers; enterprises and software product companies with software at the core of their digital transformation.

Headquarters Location

Bhageerath, 402 402enapati Bapat Road

Pune, 411 016,


+91 (20) 6703 0000

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Expert Collections containing Persistent Systems

Expert Collections are analyst-curated lists that highlight the companies you need to know in the most important technology spaces.

Persistent Systems is included in 1 Expert Collection, including Conference Exhibitors.


Conference Exhibitors

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Persistent Systems Patents

Persistent Systems has filed 6 patents.

patents chart

Application Date

Grant Date


Related Topics




Wireless networking, Radio technology, Radio electronics, Military radio systems, Telecommunications equipment


Application Date


Grant Date



Related Topics

Wireless networking, Radio technology, Radio electronics, Military radio systems, Telecommunications equipment



Latest Persistent Systems News

Gainers and Losers- Top 10 stocks that buzzed the most today

May 23, 2023

Gainers and Losers: Here are top 10 stocks that buzzed the most today, image -PTI Gainers and Losers: Indian equity benchmark indices Sensex and Nifty eked out gains in volatile trade to extend the winning streak to a third straight day on Tuesday amid weak trends in global markets as investors preferred to remain on the sidelines ahead of the release of the US Federal Open Market Committee (FOMC) meeting minutes. Fag-end volatility dragged the BSE Sensex lower from its intra-day high level and it finally settled at 61,981.79, a marginal gain of 18.11 points or 0.03 per cent. The NSE Nifty went up by 33.60 points or 0.18 per cent to end at 18,348, driven by gains in Adani group stocks. Among the Nifty firms, Adani Enterprises, Divi's Laboratories, Bajaj Finserv, Eicher Motors and UPL were the major gainers. Apollo Hospitals, HCL Technologies, Grasim, Tech Mahindra, and Kotak Mahindra Bank were the major laggards. Here is a list of Top 10 stocks that buzzed the most today: 1 Multi Commodity Exchange (MCX) MCX shares rose nearly 5 per cent to end at Rs 1,384.95 apiece on NSE. ICICI Securities has given a 'hold' rating on MCX with a target price of Rs 1,351 apiece. “Impact of lower software cost could potentially lift EBITDA, which will likely be partially offset by increased amortisation expense. The ultimate event of transition is still pending, and hence, is an overhang,” the brokerage said in its report. 2 APL Apollo Tubes APL Apollo Tubes shares surged over 4 per cent at Rs 1,156 apiece. Axis Securities has a 'buy' on APL Apollo Tubes for a target price of Rs 1,200 apiece. "Net debt from Rs 2.4bn in FY23 is likely to decline in future (target of net zero by FY25) as operating cash flow improves and as the residual Capex cycle for 5MT expansion ends by the end of FY24," the brokerage said in its report. 3 Jindal Stainless Jindal Stainless stock rose over 3 per cent to end at Rs 295.85 apiece. Phillip Capital has given a 'buy' on Jindal Stainless with a target price of Rs 300 apiece. “Jindal Stainless has a diverse product portfolio, comprising 120+ grades and a strong distribution network with extensive service centres in the domestic and international markets,” said the brokerage. 4 LTI Mindtree LTI Mindtree shares declined over 3 per cent and ended at Rs 4,857.85 apiece. Axis Securities has given a 'buy' rating on LTI Mindtree with a target price of Rs 4,950 apiece. “Given the company’s strong growth potential backed by robust deal wins and superior execution capabilities, we maintain our BUY recommendation on the stock,” Axis Securities said in its report. 5 Persistent Systems Persistent Systems stock declined over 1 per cent at Rs 4,950 apiece. Kotak Securities has maintained a ‘sell’ call on Persistent System for a target price of Rs 4,144 apiece. “We maintain SELL on the stock with a revised price target price of Rs.4144 (earlier Rs.3,942), valuing it at 23x (unchanged) FY25E earnings,” said the brokerage. 6 Gland Pharma Gland Pharma shares rose over 5 per cent at Rs 939.95 apiece. Brokerage firm Yes Securities has maintained a 'buy' on Gland Pharma shares for a target price of Rs 1,720 apiece "We also take this opportunity to introduce FY25 estimates and roll over target multiple. Given the expectation of growth disappointment, lack of near-term triggers, and a subpar acquisition in the form of Cenexi, lower target PE to 25x from 35x earlier and assign revised TP Rs1,720 (earlier Rs 3,060)," the brokerage said. 7 Eicher Motors Eicher Motors stock rose over 1 per cent at Rs 3,600 apiece. Nirmal Bang has given a buy call on Eicher Motors for a target price of Rs 3,786 apiece. “We expect demand to remain strong and drive volume growth going ahead in both domestic as well as export markets, leading to 21 per cent volume growth over FY22-FY25E,” said the brokerage. 8 Tech Mahindra Tech Mahindra stock declined over 1 per cent at Rs 1091.4 apiece. Reliance Securities has given a ‘sell’ call on Tech Mahindra for a target price of Rs 965 apiece. "In view of ongoing margin pressure, lower earnings growth and likely valuation de-rating, we maintain our SELL rating," the brokerage said. 9 Titan Titan shares declined nearly 1 per cent at Rs 2,692 apiece. Phillip Capital has maintained a ‘buy’ on Titan for a target price of Rs 3,000 apiece. “We have cut our FY24-25 EPS estimates by 6-10% to account for a) increased competitive intensity on gold rate front b) diamond inventory gains no longer being available over FY24- 25 and c) higher volatility in gold price which will eventually lead to deferment of demand,” the brokerage said. 10 Bharat Petroleum Corporation Ltd (BPCL) BPCL shares rose over 1 per cent at Rs 366.2 apiece. JM Financial has given a ‘buy’ call on BPCL for a target price of Rs 390 apiece "Despite the huge risk to marketing segment earnings on account of high crude price, we maintain BUY on BPCL," the brokerage said. Catch the latest  stock market  updates here. For more news on sports, politics follow  Zee Business

Persistent Systems Frequently Asked Questions (FAQ)

  • When was Persistent Systems founded?

    Persistent Systems was founded in 1990.

  • Where is Persistent Systems's headquarters?

    Persistent Systems's headquarters is located at Bhageerath, 402, Pune.

  • What is Persistent Systems's latest funding round?

    Persistent Systems's latest funding round is IPO.

  • Who are the investors of Persistent Systems?

    Investors of Persistent Systems include Norwest Venture Partners and Gabriel Venture Partners.

  • Who are Persistent Systems's competitors?

    Competitors of Persistent Systems include Innominds.

Compare Persistent Systems to Competitors

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Innominds provides software product engineering and IT services globally.

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