The company announced plans to organize its business around four key growth strategies unique to Persistent. Its product development and technology DNA drive all the four growth strategies.
Persistent Systems Ltd stock was lower by 5% at Rs. 700.
The company announced plans to organize its business around four key growth strategies unique to Persistent. The company’s product development and technology DNA drive all four growth strategies.
The company announced plans to organize its business around four key growth strategies unique to Persistent. The company’s product development and technology DNA drive all four growth strategies.
The new structure along with new leadership responsibilities will be effective April 1, 2016.
Persistent Systems Ltd is currently trading at Rs. 718.85, down by Rs. 21.35 or 2.88% from its previous closing of Rs. 740.2 on the BSE.
The scrip opened at Rs. 743 and has touched a high and low of Rs. 743 and Rs. 705.65 respectively. So far 11308(NSE+BSE) shares were traded on the counter. The current market cap of the company is Rs. 5921.6 crore.
The BSE group 'A' stock of face value Rs. 10 has touched a 52 week high of Rs. 820 on 20-May-2015 and a 52 week low of Rs. 562.5 on 12-Feb-2016. Last one week high and low of the scrip stood at Rs. 796.75 and Rs. 597 respectively.
The promoters holding in the company stood at 38.53 % while Institutions and Non-Institutions held 34.31 % and 22.18 % respectively.
The stock is currently trading below its 200 DMA.
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