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ICICI Securities recommended hold rating on Persistent Systems with a target price of Rs 6440 in its research report dated January 21, 2026.
Motilal Oswal is bullish on Persistent Systems has recommended buy rating on the stock with a target price of Rs 8500 in its research report dated January 20, 2026.
Customers are diverting their limited technology budgets to deploy more capital for transformations that will enhance revenue, CEO Sandeep Kalra tells Moneycontrol
Prabhudas Lilladher is bullish on Persistent Systems has recommended buy rating on the stock with a target price of Rs 7360 in its research report dated January 21, 2026.
Strong growth and resilient margin, partially aided by AI tools and the momentum in order inflows
Anand Rathi is bullish on Persistent Systems has recommended buy rating on the stock with a target price of Rs 7587 in its research report dated January 21, 2026.
Some brokerages remained optimistic and increased their target prices for the Persistent Systems shares, while some cited valuation concerns.
Stocks to Watch, 21 January: Stocks like United Spirits, Supreme Petrochem, Persistent Systems, IndiaMART InterMESH, Rallis India, CreditAccess Grameen, Shoppers Stop, AU Small Finance Bank, Vikram Solar, JSW Energy, HCL Technologies, Highway Infrastructure, and RBL Bank will be in focus on January 21.
The market is likely to consolidate further with a negative bias. Below are some short-term trading ideas to consider on January 8.
Persistent Systems share price: The shares of the IT company has emerged as one of the top gainers on the Nifty IT, Nifty Midcap 50 and Nifty Midsmall IT and telecom indices.
Among Tier-I IT firms, HCLTech had the highest billable revenue per employee at $17,822 in Q2, growing 5.2 per cent YoY, according to estimates by UnearthInsight.
Kalra told Moneycontrol that the company will not file for any new H-1B visas either, to avoid further impact of the US President Donald Trump government’s changing visa policies.
Motilal Oswal is bullish on Persistent Systems has recommended buy rating on the stock with a target price of Rs 6550 in its research report dated October 14, 2025.
Prabhudas Lilladher is bullish on Persistent Systems has recommended buy rating on the stock with a target price of Rs 6280 in its research report dated October 15, 2025.
ICICI Securities recommended hold rating on Persistent Systems with a target price of Rs 5220 in its research report dated October 15, 2025.
Stocks to watch, 15 October: Stocks like Tech Mahindra, Persistent Systems, ICICI Lombard General Insurance Company, Cyient DLM, Thyrocare Technologies, Kolte-Patil Developers, Sula Vineyards, Ashiana Housing, Keystone Realtors, Saatvik Green Energy, Mishra Dhatu Nigam, G R Infraprojects, and Hyundai Motor India will be in focus on October 15.
On September 5, weak US labour data, disappointing fourth quarter earnings and guidance by UK-based IT major Endava weighed on IT stocks
Persistent Systems CEO Sandeep Kalra is hopeful that the macro uncertainties due to Trump’s tariffs and delayed decision making by clients will start to stabilise over the next one or two quarters.
Deven Choksey recommended accumulate rating on Persistent Systems with a target price of Rs 5790 in its research report dated July 29, 2025.
Sharekhan is bullish on Persistent Systems has recommended buy rating on the stock with a target price of Rs 6600 in its research report dated July 24, 2025.
Motilal Oswal is bullish on Persistent Systems has recommended buy rating on the stock with a target price of Rs 6800 in its research report dated July 23, 2025.
