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Is it time to look at Persistent Systems?

Strong revenue traction, improving margin, steady order flows, and waning supply-side concerns put it in a vantage position

Madhuchanda Dey

December 19, 2022 / 09:31 IST

Is it time to look at Persistent Systems?

While the stock has corrected relatively less compared to global peers, a few soft quarters, especially a slightly subdued Q3, in the near term is possible, which could compress the valuation multiple. (Representative image)

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Disclosure & Disclaimer

This Research Report / Research Recommendation has been published by Moneycontrol Dot Com India Limited (hereinafter referred to as “MCD”) which is a registered Investment Advisor under the Securities and Exchange Board of India (Investment Advisers) ...Read More