HomeNewsTrendsITPersistent Systems Q3 FY24 – Industry-leading performance at a steep valuation

Persistent Systems Q3 FY24 – Industry-leading performance at a steep valuation

Given the traction in order inflows, the company is confident of growing in the leaders quadrant

Madhuchanda Dey

January 23, 2024 / 14:27 IST

Persistent Systems Q3 FY24 – Industry-leading performance at a steep valuation

While all seems to be great, the valuation at 1.7x PEG (price earning to growth) leaves little room for error. Investors should patiently wait for a correction to buy into this business

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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