Persistent Systems Ltd Share Price – NSE /  BSE

IT - Software, Mid Cap

Persistent Systems Ltd is up for a fifth straight session in a row. The stock is quoting at Rs 5955, up 2.84% on the day as on 12:44 IST on the NSE. The benchmark NIFTY is up around 0.13% on the day, quoting at 25136.5. The Sensex is at 82493.19, up 0.06%. Persistent Systems Ltd has risen around 1.34% in last one month.

Meanwhile, Nifty IT index of which Persistent Systems Ltd is a constituent, has risen around 0.31% in last one month and is currently quoting at 37669.2, up 1.95% on the day. The volume in the stock stood at 7.14 lakh shares today, compared to the daily average of 4.3 lakh shares in last one month.

The benchmark June futures contract for the stock is quoting at Rs 5974.5, up 2.8% on the day. Persistent Systems Ltd is up 59.49% in last one year as compared to a 8.04% spurt in NIFTY and a 11.21% spurt in the Nifty IT index.

The PE of the stock is 78.4 based on TTM earnings ending March 25.

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Dr. Anand Deshpande is the founder, chairman, and managing director of Persistent Systems since inception and is responsible for the overall leadership of the company. He is also the promoter shareholder of the company.

Dr. Deshpande received his Bachelor of Technology (B. Tech.) with Honours (Hons.) in Computer Science and Engineering from the Indian Institute of Technology (IIT), Kharagpur, in 1984 and an M.S. and a Ph.D. in Computer Science from Indiana University, Bloomington, Indiana, USA in 1986 and 1989 respectively. He has been recognised by both his alma maters - as a Distinguished Alumnus by IIT Kharagpur in 2012 and with the Career Achievement Award by the School of Informatics of Indiana University in 2007.

Dr. Anand is a founding trustee of the Persistent Foundation, a trustee of the VLDB Endowment, the co-chair of the Biotechnology Research Innovation Council (BRIC) set up by the Department of Biotechnology, Government of India, and the Chairman of the VJTI Board of Governors. He is also an honorary Adjunct Professor of Practice at the Desai Sethi School of Entrepreneurship at IIT Bombay.

He is on the Board of the Mahratta Chamber of Commerce and Industries, Pune, a trustee on the Board of BAIF and has served industry associations as a past President of Software Exporters? Association of Pune (SEAP), Pune Chapter of Computer Society of India (CSI), and CII?s Pune Zonal Council.

Dr. Deshpande does not have any inter-relationship with any other director.

Persistent Systems is a global services and solutions company delivering digital engineering and enterprise modernization to businesses across industries. Its net profit advanced 6.1% to Rs 395.76 crore on a 5.87% increase in revenue to Rs 3,242.11 crore in Q4 FY25 over Q3 FY25. However, on a year-on-year basis, the company's consolidated net profit gained 25.51% on a 25.15% increase in revenue in Q4 FY25 over Q4 FY24.

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According to the media reports, the U.S. Department of Justice?s healthcare fraud unit is investigating UnitedHealth's Medicare Advantage business practices. UnitedHealth has responded by affirming its confidence in the integrity of the program.

UnitedHealth is reportedly among Persistent Systems? top five clients, reportedly accounting for an over $100 million business relationship. However, the exact revenue exposure of Persistent Systems to UnitedHealth remains unclear.

The news comes on the heels of additional turbulence at UnitedHealth. On Tuesday (13 May), the company announced that CEO Andrew Witty would step down for personal reasons. Chairman Stephen Hemsley, who previously served as CEO from 2006 to 2017, has returned to the role, effective immediately. Witty will stay on as a senior adviser.

UnitedHealth cut its 2025 forecast last month following its first quarterly earnings miss in more than a decade. On Tuesday (13 May) the company withdrew that financial forecast entirely, saying that medical costs from new Medicare Advantage members were higher than expected.

UnitedHealth, which serves over 50 million Americans, is the largest provider of Medicare Advantage plans, with more than 8 million enrollees. It also operates a major pharmacy benefit manager and the Optum healthcare services division.

Persistent Systems is a global services and solutions company delivering digital engineering and enterprise modernization to businesses across industries. Its net profit advanced 6.1% to Rs 395.76 crore on a 5.87% increase in revenue to Rs 3,242.11 crore in Q4 FY25 over Q3 FY25. However, on a year-on-year basis, the company's consolidated net profit gained 25.51% on a 25.15% increase in revenue in Q4 FY25 over Q4 FY24.

Powered by Capital Market - Live News

Dr. Anand Deshpande is the founder, chairman, and managing director of Persistent Systems since inception and is responsible for the overall leadership of the company. He is also the promoter shareholder of the company.

Dr. Deshpande received his Bachelor of Technology (B. Tech.) with Honours (Hons.) in Computer Science and Engineering from the Indian Institute of Technology (IIT), Kharagpur, in 1984 and an M.S. and a Ph.D. in Computer Science from Indiana University, Bloomington, Indiana, USA in 1986 and 1989 respectively. He has been recognised by both his alma maters - as a Distinguished Alumnus by IIT Kharagpur in 2012 and with the Career Achievement Award by the School of Informatics of Indiana University in 2007.

Dr. Anand is a founding trustee of the Persistent Foundation, a trustee of the VLDB Endowment, the co-chair of the Biotechnology Research Innovation Council (BRIC) set up by the Department of Biotechnology, Government of India, and the Chairman of the VJTI Board of Governors. He is also an honorary Adjunct Professor of Practice at the Desai Sethi School of Entrepreneurship at IIT Bombay.

He is on the Board of the Mahratta Chamber of Commerce and Industries, Pune, a trustee on the Board of BAIF and has served industry associations as a past President of Software Exporters? Association of Pune (SEAP), Pune Chapter of Computer Society of India (CSI), and CII?s Pune Zonal Council.

Dr. Deshpande does not have any inter-relationship with any other director.

Persistent Systems is a global services and solutions company delivering digital engineering and enterprise modernization to businesses across industries. Its net profit advanced 6.1% to Rs 395.76 crore on a 5.87% increase in revenue to Rs 3,242.11 crore in Q4 FY25 over Q3 FY25. However, on a year-on-year basis, the company's consolidated net profit gained 25.51% on a 25.15% increase in revenue in Q4 FY25 over Q4 FY24.

Powered by Capital Market - Live News

According to the media reports, the U.S. Department of Justice?s healthcare fraud unit is investigating UnitedHealth's Medicare Advantage business practices. UnitedHealth has responded by affirming its confidence in the integrity of the program.

UnitedHealth is reportedly among Persistent Systems? top five clients, reportedly accounting for an over $100 million business relationship. However, the exact revenue exposure of Persistent Systems to UnitedHealth remains unclear.

The news comes on the heels of additional turbulence at UnitedHealth. On Tuesday (13 May), the company announced that CEO Andrew Witty would step down for personal reasons. Chairman Stephen Hemsley, who previously served as CEO from 2006 to 2017, has returned to the role, effective immediately. Witty will stay on as a senior adviser.

UnitedHealth cut its 2025 forecast last month following its first quarterly earnings miss in more than a decade. On Tuesday (13 May) the company withdrew that financial forecast entirely, saying that medical costs from new Medicare Advantage members were higher than expected.

UnitedHealth, which serves over 50 million Americans, is the largest provider of Medicare Advantage plans, with more than 8 million enrollees. It also operates a major pharmacy benefit manager and the Optum healthcare services division.

Persistent Systems is a global services and solutions company delivering digital engineering and enterprise modernization to businesses across industries. Its net profit advanced 6.1% to Rs 395.76 crore on a 5.87% increase in revenue to Rs 3,242.11 crore in Q4 FY25 over Q3 FY25. However, on a year-on-year basis, the company's consolidated net profit gained 25.51% on a 25.15% increase in revenue in Q4 FY25 over Q4 FY24.

Powered by Capital Market - Live News

Persistent Systems announced that the Board of Directors of the Company at its meeting held on 24 April 2025, inter alia, have recommended the final dividend of Rs 15 per equity Share (i.e. 300%) , subject to the approval of the shareholders.

Powered by Capital Market - Live News

Persistent Systems Ltd is up for a fifth straight session in a row. The stock is quoting at Rs 5955, up 2.84% on the day as on 12:44 IST on the NSE. The benchmark NIFTY is up around 0.13% on the day, quoting at 25136.5. The Sensex is at 82493.19, up 0.06%. Persistent Systems Ltd has risen around 1.34% in last one month.

Meanwhile, Nifty IT index of which Persistent Systems Ltd is a constituent, has risen around 0.31% in last one month and is currently quoting at 37669.2, up 1.95% on the day. The volume in the stock stood at 7.14 lakh shares today, compared to the daily average of 4.3 lakh shares in last one month.

The benchmark June futures contract for the stock is quoting at Rs 5974.5, up 2.8% on the day. Persistent Systems Ltd is up 59.49% in last one year as compared to a 8.04% spurt in NIFTY and a 11.21% spurt in the Nifty IT index.

The PE of the stock is 78.4 based on TTM earnings ending March 25.

Powered by Capital Market - Live News

Dr. Anand Deshpande is the founder, chairman, and managing director of Persistent Systems since inception and is responsible for the overall leadership of the company. He is also the promoter shareholder of the company.

Dr. Deshpande received his Bachelor of Technology (B. Tech.) with Honours (Hons.) in Computer Science and Engineering from the Indian Institute of Technology (IIT), Kharagpur, in 1984 and an M.S. and a Ph.D. in Computer Science from Indiana University, Bloomington, Indiana, USA in 1986 and 1989 respectively. He has been recognised by both his alma maters - as a Distinguished Alumnus by IIT Kharagpur in 2012 and with the Career Achievement Award by the School of Informatics of Indiana University in 2007.

Dr. Anand is a founding trustee of the Persistent Foundation, a trustee of the VLDB Endowment, the co-chair of the Biotechnology Research Innovation Council (BRIC) set up by the Department of Biotechnology, Government of India, and the Chairman of the VJTI Board of Governors. He is also an honorary Adjunct Professor of Practice at the Desai Sethi School of Entrepreneurship at IIT Bombay.

He is on the Board of the Mahratta Chamber of Commerce and Industries, Pune, a trustee on the Board of BAIF and has served industry associations as a past President of Software Exporters? Association of Pune (SEAP), Pune Chapter of Computer Society of India (CSI), and CII?s Pune Zonal Council.

Dr. Deshpande does not have any inter-relationship with any other director.

Persistent Systems is a global services and solutions company delivering digital engineering and enterprise modernization to businesses across industries. Its net profit advanced 6.1% to Rs 395.76 crore on a 5.87% increase in revenue to Rs 3,242.11 crore in Q4 FY25 over Q3 FY25. However, on a year-on-year basis, the company's consolidated net profit gained 25.51% on a 25.15% increase in revenue in Q4 FY25 over Q4 FY24.

Powered by Capital Market - Live News

According to the media reports, the U.S. Department of Justice?s healthcare fraud unit is investigating UnitedHealth's Medicare Advantage business practices. UnitedHealth has responded by affirming its confidence in the integrity of the program.

UnitedHealth is reportedly among Persistent Systems? top five clients, reportedly accounting for an over $100 million business relationship. However, the exact revenue exposure of Persistent Systems to UnitedHealth remains unclear.

The news comes on the heels of additional turbulence at UnitedHealth. On Tuesday (13 May), the company announced that CEO Andrew Witty would step down for personal reasons. Chairman Stephen Hemsley, who previously served as CEO from 2006 to 2017, has returned to the role, effective immediately. Witty will stay on as a senior adviser.

UnitedHealth cut its 2025 forecast last month following its first quarterly earnings miss in more than a decade. On Tuesday (13 May) the company withdrew that financial forecast entirely, saying that medical costs from new Medicare Advantage members were higher than expected.

UnitedHealth, which serves over 50 million Americans, is the largest provider of Medicare Advantage plans, with more than 8 million enrollees. It also operates a major pharmacy benefit manager and the Optum healthcare services division.

Persistent Systems is a global services and solutions company delivering digital engineering and enterprise modernization to businesses across industries. Its net profit advanced 6.1% to Rs 395.76 crore on a 5.87% increase in revenue to Rs 3,242.11 crore in Q4 FY25 over Q3 FY25. However, on a year-on-year basis, the company's consolidated net profit gained 25.51% on a 25.15% increase in revenue in Q4 FY25 over Q4 FY24.

Powered by Capital Market - Live News

Dr. Anand Deshpande is the founder, chairman, and managing director of Persistent Systems since inception and is responsible for the overall leadership of the company. He is also the promoter shareholder of the company.

Dr. Deshpande received his Bachelor of Technology (B. Tech.) with Honours (Hons.) in Computer Science and Engineering from the Indian Institute of Technology (IIT), Kharagpur, in 1984 and an M.S. and a Ph.D. in Computer Science from Indiana University, Bloomington, Indiana, USA in 1986 and 1989 respectively. He has been recognised by both his alma maters - as a Distinguished Alumnus by IIT Kharagpur in 2012 and with the Career Achievement Award by the School of Informatics of Indiana University in 2007.

Dr. Anand is a founding trustee of the Persistent Foundation, a trustee of the VLDB Endowment, the co-chair of the Biotechnology Research Innovation Council (BRIC) set up by the Department of Biotechnology, Government of India, and the Chairman of the VJTI Board of Governors. He is also an honorary Adjunct Professor of Practice at the Desai Sethi School of Entrepreneurship at IIT Bombay.

He is on the Board of the Mahratta Chamber of Commerce and Industries, Pune, a trustee on the Board of BAIF and has served industry associations as a past President of Software Exporters? Association of Pune (SEAP), Pune Chapter of Computer Society of India (CSI), and CII?s Pune Zonal Council.

Dr. Deshpande does not have any inter-relationship with any other director.

Persistent Systems is a global services and solutions company delivering digital engineering and enterprise modernization to businesses across industries. Its net profit advanced 6.1% to Rs 395.76 crore on a 5.87% increase in revenue to Rs 3,242.11 crore in Q4 FY25 over Q3 FY25. However, on a year-on-year basis, the company's consolidated net profit gained 25.51% on a 25.15% increase in revenue in Q4 FY25 over Q4 FY24.

Powered by Capital Market - Live News

According to the media reports, the U.S. Department of Justice?s healthcare fraud unit is investigating UnitedHealth's Medicare Advantage business practices. UnitedHealth has responded by affirming its confidence in the integrity of the program.

UnitedHealth is reportedly among Persistent Systems? top five clients, reportedly accounting for an over $100 million business relationship. However, the exact revenue exposure of Persistent Systems to UnitedHealth remains unclear.

The news comes on the heels of additional turbulence at UnitedHealth. On Tuesday (13 May), the company announced that CEO Andrew Witty would step down for personal reasons. Chairman Stephen Hemsley, who previously served as CEO from 2006 to 2017, has returned to the role, effective immediately. Witty will stay on as a senior adviser.

UnitedHealth cut its 2025 forecast last month following its first quarterly earnings miss in more than a decade. On Tuesday (13 May) the company withdrew that financial forecast entirely, saying that medical costs from new Medicare Advantage members were higher than expected.

UnitedHealth, which serves over 50 million Americans, is the largest provider of Medicare Advantage plans, with more than 8 million enrollees. It also operates a major pharmacy benefit manager and the Optum healthcare services division.

Persistent Systems is a global services and solutions company delivering digital engineering and enterprise modernization to businesses across industries. Its net profit advanced 6.1% to Rs 395.76 crore on a 5.87% increase in revenue to Rs 3,242.11 crore in Q4 FY25 over Q3 FY25. However, on a year-on-year basis, the company's consolidated net profit gained 25.51% on a 25.15% increase in revenue in Q4 FY25 over Q4 FY24.

Powered by Capital Market - Live News

Persistent Systems announced that the Board of Directors of the Company at its meeting held on 24 April 2025, inter alia, have recommended the final dividend of Rs 15 per equity Share (i.e. 300%) , subject to the approval of the shareholders.

Powered by Capital Market - Live News