Persistent Systems Surges 3.5% as Investors Rally Behind Strong Q3 Performance

Persistent Systems (PERS.NS) shares jumped 3.5% to ₹5,749.95 in early trading on Tuesday, February 18, 2025, rebounding from recent declines. The surge comes after the IT consulting firm reported robust Q3 FY25 results and secured a strategic asset acquisition in Poland. Analysts remain bullish on Persistent's growth prospects, with the stock showing a 28.48% gain over the past year despite recent market volatility. The company's focus on digital transformation services and expanding global footprint continues to attract investor interest. However, the stock remains below its 52-week high of ₹6,788.80, indicating potential for further upside.

 

Sources: Business Standard, Financial Express, Equitypandit