Strong deal momentum to keep Street hooked on to Persistent

Strong deal momentum to keep Street hooked on to Persistent

ET Intelligence Group: The stock of Persistent Systems, a mid-tier IT services company, has gained 10% since its second-quarter result announcement last Tuesday, taking the three-month return to 20%. The stock has remained buoyant following the company’s strong business momentum in the September quarter, even as the broader market has shown weakness. The key business … Read more