Stock of Interest

Posted On: September 7, 2023

Stock Report: PERSISTENT(NSE) 06 Sep 2023

Persistent Systems Ltd is an India-based provider of software solution organized in three segments based on end market:  Software, Hi-Tech and Emerging Industries; Banking, Financial Services and Insurance; and Healthcare and Life Sciences. Its solutions include cloud life cycle management, Internet of Things, unified endpoint management, endpoint detection and response, and Big Data analytics. The firm also offers product engineering services, platform-based cloud solutions, and Internet Protocol-based products. Most of the firm’s revenue gets derived from the Software, Hi-Tech and Emerging Industries segment. 

#xCalData predicts that #PERSISTENT will continue its bullish phase over the next five days and trend within the range of 5952 to 6640.

In comparison to the previous month, the price of the stock has experienced an increase of 24.48% indicating a bullish. 

The Stock has doubled thrice since 29 Jun 2015 and took an average of 2.2 years to double. 

The stock has shown seasonality trend in the past. 

Reviewing the returns for the past 5 years for the same week, we see the stock has given negative returns in 1 years in the past. 

Majority of the technical ratios trend towards Bullish side of the spectrum. 

Collectively, xCalData suggests the stock would be in Bullish zone for next 5 days. 

#xCalData is an exceptional app available for Android devices that offers unbiased insights into stocks, allowing investors to make informed decisions. With its user-friendly interface and comprehensive features, xCalData provides a valuable resource for anyone interested in the stock market.  Download the app from google play. 

For Actionable Intelligence, subscribe to xCalData app on Android devices: https://tinyurl.com/downloadxCalData