Profit

BSE Code: | NSE Code: | ISIN: | Sector:

NSE
540.25
Change Change %
2.50 0.46%

Updated:16 Nov, 2018, 14:24 PM IST

BSE
540.00
Change Change %
2.85 0.53%

Updated:16 Nov, 2018, 14:52 PM IST

Research Report Detail

Brokerage
Analyst
Report Date Call Price@Call Target Price
Stop Loss
Current Status Time Horizon
Nirmal Bang
N/A
26-04-2016 Sell 730.30 558.00
N/A
Target Hit Long (1Y)
26-04-2017

Nirmal Bang maintains sell on Persistent Systems

Persistent Systems' revenue beat in Q4 beat was on account of higher revenues from its recent acquisition Watson IOT. With pressure on revenue growth easing because of Watson IOT deal, Persistent Systems is focused on improving margins in its core business by walking away from low-margin contracts.

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