Persistent Share Price Target 2024 – Persistent Systems Ltd, is a prominent IT and consulting company in India. The company specializes in providing software products and technology services.
If you are considering investing in Persistent Systems Ltd shares for the long term, it is important to analyze its potential growth and performance.
Our Persistent Systems Ltd Share Price target is based on a deep technical analysis and past performance of the company to help you make an informed decision.
To begin with, it is essential to understand Persistent Systems Ltd ’s business model and financial data. Once you have a clear understanding of the company’s operations and financial strength, you can determine whether Persistent Systems Ltd stock is a good buy or not.
Our Persistent Systems Ltd Share Price Forecast covers the stock’s potential growth and performance for the years 2024, 2025, 2030, and 2040 to help you make an informed investment decision.
Contents
- 1 About Persistent System Ltd?
- 2 Financial Overview of Persistent Systems Ltd.
- 3 Persistent Systems Ltd. Share Price Chart
- 4 Persistent Systems Ltd. Revenue
- 5 Persistent Systems Ltd. Net Profit
- 6 Persistent Systems Share Price Target 2024 (2024-2050)
- 6.1 Persistent Systems Share Price Target 2024
- 6.2 Persistent Systems Share Price Target 2025
- 6.3 Persistent Systems Share Price Target 2026
- 6.4 Persistent Systems Share Price Target 2027
- 6.5 Persistent Systems Share Price Target 2028
- 6.6 Persistent Systems Share Price Target 2029
- 6.7 Persistent Systems Share Price Target 2030
- 6.8 Persistent Systems Share Price Target 2040
- 6.9 Persistent Systems Share Price Target 2045
- 6.10 Persistent Systems Share Price Target 2050
- 6.11 Persistent Systems Share Price Target 2060
- 7 What are PROs and CONs of investing with Persistent Systems Ltd?
- 8 Who are the competitors of Persistent Systems Ltd?
- 9 Videos Related to Persistent Share Price Target 2024
- 10 Conclusion
- 11 Persistent Share Price Target 2024 FAQs
- 11.1 What is the current share price of Persistent Systems?
- 11.2 What is the IPO price of persistent?
- 11.3 Is persistent a good stock to buy?
- 11.4 What is the date of persistent dividend in 2024?
- 11.5 Is Persistent systems Ltd company a profit-making company?
- 11.6 What is the share price of Persistent Systems Ltd in next 5 years?
- 11.7 What is the share price of Persistent Systems Ltd in next 10 years?
- 12 Disclaimer
About Persistent System Ltd?
Persistent Systems Limited is an India-based IT and consulting service company incorporated on 16 May 1990, specializes in providing software products and technology services.
The company operates in three segments, namely –
- Banking, Financial Services, and Insurance (BFSI),
- Healthcare & Life Sciences, and
- Technology Companies and Emerging Verticals.
Persistent Systems offers a wide range of services including –
- digital strategy,
- software product engineering,
- client experiences (CX) transformation,
- cloud & infrastructure,
- intelligent automation,
- enterprise IT security,
- enterprise integration,
- application development and management, and
- data and analytics.
The company caters to various industries such as banking and financial services, insurance, healthcare life sciences, software and hi-tech, and telecom and media.
Persistent Systems’ cloud and infrastructure offerings comprise Hybrid & Multi-Cloud Transformation, Data Center Modernization, Persistent Intelligent IT Operations (PiOps), and Cloud Advisory Services. These services provide seamless integration of cloud-based solutions into existing systems and help businesses achieve operational efficiency.
Financial Overview of Persistent Systems Ltd.
Here are the details of Persistent Systems Ltd. Financials –
| Company Parameters | Values |
| Stock Name | Persistent systems Ltd |
| Stock Ticker/Symbol | PERSISTENT |
| Sector/Industry | IT Services & Consulting |
| Open | 4,028.00 |
| Previous Close | 3,972.90 |
| Volume | 856,391 |
| Value (Lacs) | 34,508.28 |
| i VWAP | 4,026.33 |
| Beta | 0.94 |
| Mkt Cap (Rs. Cr.) | 61,993 |
| High | 4,085.05 |
| Low | 3,977.40 |
| UC Limit | 4,370.15 |
| LC Limit | 3,575.65 |
| 52 Week High | 4,450.00 |
| 52 Week Low | 1,981.03 |
| Face Value | 5 |
| All Time High | 4,450.00 |
| All Time Low | 70.25 |
| 20D Avg Volume | 594,114 |
| 20D Avg Delivery(%) | — |
| Book Value Per Share | 287.21 |
| Dividend Yield | 0.62 |
| Official Website | Persistent Systems Ltd |
Financial Details
Persistent Systems Ltd. Revenue
Persistent Systems Ltd. Net Profit
| Year | Min Target Price | Max Target Price |
| 2024 | 3,753.70 | 4,883.31 |
| 2025 | 3,831.52 | 5,953.44 |
| 2026 | 4,716.96 | 7,329.23 |
| 2027 | 5,750.63 | 8,935.36 |
| 2028 | 7,010.82 | 10,893.45 |
| 2029 | 8,547.17 | 13,280.64 |
| 2030 | 10,420.20 | 16,190.96 |
| 2040 | 28,320.90 | 38,780.00 |
| 2045 | will update | will update |
| 2050 | will update | will update |
Persistent Systems Share Price Forecast 2024 – Details are as follows
| Year | Min Target Price | Max Target Price |
| 2024 | 3,753.70 | 4,883.31 |
Persistent Systems Share Price Forecast 2025 – Details are as follows
| Year | Min Target Price | Max Target Price |
| 2025 | 3,831.52 | 5,953.44 |
Persistent Systems Share Price Forecast 2026 – Details are as follows
| Year | Min Target Price | Max Target Price |
| 2026 | 4,716.96 | 7,329.23 |
Persistent Systems Share Price Forecast 2027 – Details are as follows
| Year | Min Target Price | Max Target Price |
| 2027 | 5,750.63 | 8,935.36 |
Persistent Systems Share Price Forecast 2028 – Details are as follows
| Year | Min Target Price | Max Target Price |
| 2028 | 7,010.82 | 10,893.45 |
Persistent Systems Share Price Forecast 2029 – Details are as follows
| Year | Min Target Price | Max Target Price |
| 2029 | 8,547.17 | 13,280.64 |
Persistent Systems Share Price Forecast 2030 – Details are as follows
| Year | Min Target Price | Max Target Price |
| 2030 | 10,420.20 | 16,190.96 |
Persistent Systems Share Price Forecast 2040 – Details are as follows
| Year | Min Target Price | Max Target Price |
| 2040 | 28,320.90 | 38,780.00 |
Persistent Systems Share Price Forecast 20245 – will update soon
Persistent Systems Share Price Forecast 2050 – will update soon
Persistent Systems Share Price Forecast 2025 – will update soon
What are PROs and CONs of investing with Persistent Systems Ltd?
PROs of investing with Persistent Systems | CONs of investing with Persistent Systems |
| Excellent 5-Year EPS Growth: Over the last 5 years, Persistent Systems has shown regular growth in its earnings per share (EPS), indicating a positive outlook for investors. | High Price-to-Earnings (PE) Ratio: The valuation of Persistent Systems may be a concern due to its high PE ratio. |
| Dividend Growth: The profits of the company have grown, and its dividend has also gone up, which can serve as a source of income for those who own shares. | Limited Dividend Yield: The dividend yield at present stands at 0.63%, which may not be sufficiently attractive for investors looking to generate income. |
| Strong Net Profit and Revenue Growth: Persistent Systems’ business trajectory is healthy, as it has demonstrated strong growth in both revenue and net profit. | Stock Dilution: During the last decade and a half, there has been an increase in the number of shares available, which might have an adverse effect on current shareholders. |
| Return on Equity (ROE): The efficient utilization of shareholders’ equity is reflected in the company’s outstanding ROE. | Debt-Equity Ratio: The financial risk cannot be evaluated effectively since there is no information provided about the debt-equity ratio of the company. |
| Safety of Investment: When investing in a stock, book value (also known as net asset value) is a crucial measure for ensuring safety. Although intangible assets are not considered in book value calculation, Persistent Systems’ sound financials enhance its safety profile. | Sector-Specific Considerations: The prices of businesses in industries such as Pharma and IT may exceed their book value because of intangible assets. |
Who are the competitors of Persistent Systems Ltd?
Here are the list of competitors of Persistent Systems Ltd –
- Tata Consultancy Services (TCS)
- eClerx Services
- Coforge (formerly known as NIIT Technologies)
- KPIT Technologies
- Unisys
Conclusion
We have presented Persistent Systems Ltd Share Price Target for the years 2024, 2025, 2026, 2030 and up to 2050 based on recent trading data and algorithms. These predictions can serve as potential support and resistance levels for the stock in the coming years.
It’s important to keep in mind that while these price targets are based on technical analysis, there are other market conditions and news that could also impact the stock’s performance. Hence, these target predictions should be used merely as guidelines and not as financial advice. It’s crucial to conduct your own due diligence before making any investment decisions.
We hope you will like the information given by us. And if you want more information related to stock prediction. You can read our article and stay with us so that you can know the prediction of more stocks in the future.
Also, do your due diligence and comment to us, whether you will invest in this stock or not. Till then Happy Investing.
The current share price of Persistent Systems Ltd. is ₹4029.50 as of April 4, 2024, 04:25 PM IST. Company is listed on both the Bombay Stock Exchange (BSE) and the National Stock Exchange (NSE) of India.
What is the IPO price of persistent?
The issue was listed at a price of Rs. 310 at a face value of Rs.10.
Is persistent a good stock to buy?
Yes if you can hold the share for a longer period of time. However, before making investment decisions, it is crucial to evaluate the potential benefits and drawbacks of investing in the company.
It is advisable to conduct thorough research and seek guidance from financial experts to make informed investment decisions.
What is the date of persistent dividend in 2024?
Persistent Systems (NSE) has declared a dividend of ₹32 per share for its shareholders. The ex-dividend date has been set as January 30, 2024, and the dividend will be paid on February 07, 2024.
Is Persistent systems Ltd company a profit-making company?
Persistent Systems Ltd. is a financially sound company that has consistently demonstrated strong financial performance over the years. The company has recorded steady growth in its earnings per share (EPS), net profit, and revenue growth.
Moreover, its return on equity (ROE) highlights its efficient use of shareholders’ equity.
However, before making investment decisions, it is crucial to evaluate the potential benefits and drawbacks of investing in the company. It is advisable to conduct thorough research and seek guidance from financial experts to make informed investment decisions.
The share price of Persistent Systems Ltd in next 5 years will be –
| Year | Min Target Price | Max Target Price |
| 2029 | 8,547.17 | 13,280.64 |
The share price of Persistent Systems Ltd in next 10 years will be –
| Year | Min Target Price | Max Target Price |
| 2034 | 16,580.17 | 25,090.40 |
Disclaimer
This article contains information that may be useful for those interested in the stock market. However, it is important to note that Investing in the stock market can be a risky venture and is heavily influenced by market conditions. It is important to conduct thorough research and analysis before making any investment decisions.
This article has been created for educational purposes only and does not constitute investment advice. We would like to clarify that we are not registered advisors with SEBI (Stock exchange board of India) and we do not provide tips or calls regarding specific investments.
It is always recommended to seek guidance from a qualified financial advisor to ensure that your investment decisions align with your financial goals and risk tolerance. Stay tuned with thepriceforecaster.com.
