Persistent Systems is currently trading at Rs. 3771.00, up by 51.00 points or 1.37% from its previous closing of Rs. 3720.00 on the BSE.
The scrip opened at Rs. 3740.00 and has touched a high and low of Rs. 3844.00 and Rs. 3694.05 respectively. So far 18490 shares were traded on the counter.
The BSE group ‘A’ stock of face value Rs. 10 has touched a 52 week high of Rs. 4986.85 on 03-Jan-2022 and a 52 week low of Rs. 2982.50 on 04-Aug-2021.
Last one week high and low of the scrip stood at Rs. 3844.00 and Rs. 3550.00 respectively. The current market cap of the company is Rs. 28793.12 crore.
The promoters holding in the company stood at 31.26%, while Institutions and Non-Institutions held 46.39% and 22.34% respectively.
MediaAgility, which is now part of Persistent Systems and a leading provider of solutions in the global cloud transformation services, has been recognized in the 2022 Gartner Magic Quadrant for Public Cloud IT Transformation Services. It also scored in all the five use cases for Critical Capabilities for Public Cloud IT Transformation Services on account of its ability to execute and completeness of vision.
Persistent has bolstered its presence in the Google ecosystem with the acquisition, first announced in March 2022, of MediaAgility. With cloud increasingly at the epicenter of digital transformation, Persistent has significantly invested in bringing scale and the skills needed to build an enviable multicloud portfolio across major hyperscalers. This includes fortifying its capabilities with GCP, Azure and AWS to offer horizontal and verticalized solutions to its clients, enabling them to accelerate their journeys. Integral to this strategy has been the formation of hyperscaler-focused business units both organically and through acquisitions.
Persistent Systems is a global company specializing in software product and technology services.