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Persistent Systems hits 9-month high; rallies 15% in 3 days post Q3 results

The company's strong performance in recent years, healthy order book, and strong deal pipeline indicate an encouraging demand trend, said Motilal Oswal

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3 min read Last Updated : Jan 23 2023 | 3:23 PM IST

Shares of Persistent Systems continued their northward movement for the third session to hit a nine-month high of Rs 4,540 on surging 5 per cent on the BSE in Monday’s intra-day trade. The stock of the information technology (IT) company was trading at its highest level since April 11, 2022. It hit a 52-week high of Rs 4,950.35 on April 5.