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PERSISTENT

Can it Persistently Rise? Market Cap 38,892 Cr. Stock P/E 41 Industry PE 33 Piotroski score 8 ROCE 31 % ROE 26 % Debt to equity 0.17 OPM 18 % EBIDT growth 3Years 38 % Promoter holding 31 % Persistent Systems provides software engineering and strategy services to help companies implement and modernize their businesses. It has its own software and frameworks with pre-built integration and acceleration. BFSI accounts for the majority of revenues at 31.6%, followed by Healthcare & Life Sciences (20.8%). Tech & emerging verticals account for the remaining 47.6% of revenues. The company has a global presence with presence in 17 countries including India, Australia, Canada, Germany, Japan etc. The North American region contributes 78.8% of the total revenue. Contribution from India region was 10.6% and Europe was 8.7% while the Rest of the World contributed 1.9% of total revenue.
NSE:PERSISTENTLong
by CannySunny
PERSISTENT - All Time High Breakout - Swing/InvestmentThose who study charts on regular basis, would be familiar that when a stock price breaks its ATH level on a higher Time frame, in majority of cases, it goes much above that level. Similar is the setup in this stock which has been in uptrend for quite long and has shown strength even during market correction recently. The analysis is done on Daily TF hence price may take few weeks to few months in order to reach the targets. Trade setup is explained in image itself. The above analysis is purely for educational purpose. Traders must do their own study & follow risk management before entering into any trade Checkout my other ideas to understand how one can earn from stock markets with simple trade setups. Feel Free to comment below this or connect with me for any query or suggestion regarding this stock or Price Action Analysis.
NSE:PERSISTENTLong
by TradewithAditya
Persistent system at level of Make or Break ??IT sectors strong player persistent system is at all time time high ,not its time for decision if you alredy in should you exit ?or if you think to in is it right time? this all things we are going to discuss here, slightly my view is strong on stock with strict with 120 SL. for 1-2 month horizon , because its 3 rd time stock is going to touch same level again if it will break up side its posible to touch new hight up to 6k, but if fails then another 3-4 month is not good for stocks. lets see progress be connected with me i will update idea time to time. Thanks Ravindra Bhise
NSE:PERSISTENT
by RavindraBhise
3
PERSISTENTPERSISTENT:- Ascending triangle pattern has formed and the stock is trading in a small range near the resistance, it may give downside movement, wait for proper entry, till then keep an eye on the stock. Hello traders, As always, simple and neat charts so everyone can understand and not make it too complicated. rest details mentioned in the chart. will be posting more such ideas like this. Until that, like share and follow :) check my other ideas to get to know about all the successful trades based on price action. Thanks, Ajay. keep learning and keep earning.
NSE:PERSISTENTLong
by AjayDhakad_Keep_it_simple