Disclaimer: This image is entirely AI-generated and is a product of artificial intelligence. Any resemblance to actual persons, whether living or deceased, is purely coincidental and unintentional.
Uploaded 2 days ago
Duration: 0h 4m 39s
Persistent's premium valuations hinge on sustaining growth momentum
The stock of mid-tier information technology (IT) major Persistent Systems has been one of the outperformers in the IT pack with a return of 5.3 per cent over the last year, while its peer index, the Nifty IT, is down 16.2 per cent over the same period. The strong September quarter (Q2FY26) result and upgrades by brokerages are positive but its ability to sustain growth momentum in a weak macroeconomic environment will be key for future gains. At the current levels, the stock is trading at a premium valuation of 38 times its FY27 earnings estimates.
Uploaded by: Rediff Video Desk on Wed, 29 Oct 2025 22:05:46 +0530
Views: 33
Tags: Persistent's premium valuations hinge on sustaining growth momentum
© 2025