NIFTY 23907.25 BANK 51135.40

Persistent Systems Ltd.
Share Price Target & Analysis

NSE:PERSISTENT

5800.44

VWAP

5780

Open

5725.5

Close

5868.75

High

5752.2

Low

5868.75

52 Week High

5796.25 ⇧
70.75 (1.24%)

PERSISTENT

(IT)
97.2% Momentum

Trending & Favourite

3135.4

52 Week Low

63.3

EPS

36.41

PE

18.73

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 5796.25, this results in a dividend yield of 0.45 %.

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 63.3. NSE:PERSISTENT book value per share as of today is 309.41. The current price to book ratio for PERSISTENT as of Nov 23, 2024 is 18.73.

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 48.73% is very crucial parameter which shows that 48.73% investors are anticipating that the price of PERSISTENT share should go up with VWAP at 5800.44.

Now, the main question is whether to BUY or SELL, NSE:PERSISTENT at current valuation.
As per latest Analysis No. #2023:-

⇑ 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 (Nov 23, 2024)

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

Persistent Systems Ltd. share price moved Up by 1.24% from its previous close of Rs 5725.5. PERSISTENT stock last traded price is 5796.25. PERSISTENT share price trend is Up with a total of 688470 stocks traded till now. It has touched an intraday high of Rs 5868.75 and an intraday low of Rs 5752.2. The PERSISTENT trading at 5796.25, Up by Rs. 70.75, or 1.24 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 1.24%. PERSISTENT share price short term trend is Up. It suggests that PERSISTENT Share Price for Tomorrow remains the same with VWAP at 5800.44 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

 5796.25

PERSISTENT Share Price Target Prediction for 2024 ^

 4330.6 - 5897.8

PERSISTENT Share Price Target Prediction for 2025*^

 5897.8 - 6283.1

PERSISTENT Share Price Target Prediction for 2026*^

 6283.1 - 6722.9

PERSISTENT Share Price Target Prediction for 2027*^

 7059

PERSISTENT Share Price Target Prediction for 2028*^

 7261

PERSISTENT Share Price Target Prediction for 2030*^

 7914
PERSISTENT Current Book Value 2023
307.9

*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: @5713.8

PERSISTENT Moving Averages

BUY (14) NEUTRAL (0) SELL (0)
MA Simple Action S1 Expo Action E2
MA_5 5684.98 BUY 5675.36 BUY
MA_12 5592.96 BUY 5619.82 BUY
MA_20 5568.39 BUY 5580.24 BUY
MA_32 5501.34 BUY 5500.97 BUY
MA_50 5436.86 BUY 5399.53 BUY
MA_100 5169.83 BUY 5144.32 BUY
MA_200 4490.76 BUY 4573.87 BUY

PERSISTENT Trend Oscillators

BUY (3) NEUTRAL (1) SELL (0)
Trend Oscillators Value Action
Bollinger Bands 5568.39 Uptrend
MACD 6.05 BUY
ADX 13.89 NO or Weak Trend
DMI (+/-) 25.48 / 19.49 Uptrend

PERSISTENT Momentum Oscillators

BUY (2) NEUTRAL (10) SELL (0)
Momentum Oscillators Value Action
RSI 57.81 Neutral
STOCHASTIC_K (Fast) 43.96 Neutral
STOCHASTIC_D (Slow) 48.04 Neutral
CCI 69 Neutral
PSAR 5399.73 BUY
TRUE RANGE 143.3 Neutral
ATR 176.41 Neutral
WILLIAMS R -21.84 Neutral
TRIX 0 Neutral
STOCHASTIC RSI K 72.35 Neutral
STOCHASTIC RSI D 24.12 Neutral
MOMENTUM 169.95 BUY

PERSISTENT Last 1 Year Trend

Duration Value
1 Year 82.47%
3 Months 21.25%
1 Month 3.07%
1 Week -0.41%

PERSISTENT Technical Analysis Summary

Updated on 2024-11-14
Action Overall (%)
BUY 63%
NEUTRAL / HOLD 37%
SELL 0%

Most popular Questions & Answers about PERSISTENT


Persistent Systems Ltd. stock last traded price is 5796.25. PERSISTENT share price moved Up by 1.24% from its previous close of Rs 5725.5.

Persistent Systems Ltd. share price trend is Up with a total of 688470 stocks traded till now. It has touched an intraday high of Rs 5927.4375 and an intraday low of Rs 5752.2. The PERSISTENT trading at 5796.25, Up by Rs. 70.75, or 1.24 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 5800.44.

The market cap of Persistent Systems Ltd. is ₹31087.5 (in Cr) as of Nov 22, 2024.

The current price to earning ratio for Persistent Systems Ltd. as of Nov 22, 2024 is 36.41.

The current price to book ratio for Persistent Systems Ltd. as of Nov 22, 2024 is 18.73.

The highest price of Persistent Systems Ltd. stock is ₹5868.75 in the last 52-week.

The lowest price of Persistent Systems Ltd. stock is ₹3135.4 in the last 52-week.

Persistent Systems Ltd. share trading at ₹5796.25, Up by Rs. 70.75, or 1.24 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 ₹4330.6 on downside and ₹5897.8 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 ₹5897.8 on downside and ₹6283.1 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 ₹6283.1 on downside and ₹6722.9 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 ₹7261 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.

The price of Persistent Systems Ltd. (PERSISTENT) shares moved by 1.24%. The short-term trend for PERSISTENT share price is Up. It implies that the share price of PERSISTENT will stay the same tomorrow and that intraday traders should treat VWAP at 5800.44 as a stop loss. Investors with a long-term outlook can track PERSISTENT long-term trajectory, which is indicated in the future forecast table.

Estimated DCF Value of PERSISTENT stock is 759. Compared to the current market price of 5796.25 INR, the PERSISTENT stock is Overvalued by 86.9%.

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 63.3. Persistent Systems Ltd. book value per share as of today is 309.41. The current price to book ratio for PERSISTENT as of Nov 23, 2024 is 18.73.


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 4221.95 130.61 199.33
INFY 1889.20 66.5 195.5
WIPRO 571.40 18.27 110.45
HCLTECH 1897.10 43.51 145.45
TECHM 1744.10 29.96 236.78
LTI 6149.30 125.6 651.6
MINDTREE 3433.85 90.8 331.82
MPHASIS 2884.90 78.74 302.96
TATAELXSI 6586.45 131.16 402.31
PERSISTENT 5796.25 63.3 309.41
Updated at: 22 Nov 2024 15:30

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