TheScreener - Persistent Systems (PERSISTENT) PERSISTENT SYSTEMS sees a downgrade to Neutral on account of less fundamental stars

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PERSISTENT SYSTEMS sees a downgrade to Neutral on account of less fundamental stars

The independent financial analyst theScreener just lowered the general evaluation of PERSISTENT SYSTEMS (IN), active in the Software industry. As regards its fundamental valuation, the title now shows 0 out of 4 stars while market behaviour can be considered defensive. theScreener believes that the title remains under pressure due to the loss of a star(s) and downgrades its general evaluation to Neutral. As of the analysis date January 18, 2022, the closing price was INR 4,349.00 and its target price was estimated at INR 3,656.02.

19/01/2022 1 EN

Underlying

Persistent Systems

Persistent Systems Limited is engaged in the business of building software products. The Company offers complete product life cycle services. The Company's segments include Infrastructure and Systems, Telecom and Wireless, Life science and Healthcare, and Financial Services. The Company's products include Connected Healthcare, which is an integrated healthcare ecosystem; ShareInsights Platform, which allows organizations to analyze an overlay of enterprise data with public or cloud sources to derive insights; Digital Banking, and Accelerite, which provides cloud solutions, endpoint management and mobility. The Company provides product engineering services, platform-based solutions and Internet protocol (IP)-based software products to its global customers. It has presence in North America, Europe and Rest of the World. Its subsidiaries include Persistent Systems France S.A.S., Persistent Systems Malaysia Sdn. Bhd. and Persistent Systems Pte. Ltd.

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INE262H01013 National Stock Exchange of India India

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TheScreener

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PERSISTENT SYSTEMS sees a downgrade to Neutral on account of less fundamental stars

Empowering Investors

MOSL : . PERSISTENT SYSTEMS: Strong growth factored in the rich valuations

MOSL: PERSISTENT SYSTEMS (Downgrade to Neutral)- Valuation factoring in industry-leading performance

AC ENERGY CORP increases its risk exposure and slightly lowers to Neutral

With a more favourable environment, VUKILE PROPERTY improves to Positive

An unfavourable environment weighs on ROYAL BAFOKENG PLATINUM, which sees a downgrade to Slightly Negative

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