Highlights Strong revenue traction, confident of industry leading growth Reduced reliance on top client Order wins healthy Margin outlook positive Attrition declining could support margin Stock a great bet to add on weakness Persistent Systems (CMP: Rs 4533 Rs Market Cap: Rs 34,644 crore) — one of our top mid-cap IT picks — has outperformed both Nifty and the IT index in the past three months. With a consistent performance and right capabilities, we expect it to wade through the ongoing macro noise well. Strong revenue traction,...
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