Persistent Systems Ltd.
NSE: PERSISTENT · Information Technology
Guidance miss and margin pressure outweigh relative outperformance; consolidation with weak volume may break downward before Q2 results.
Strong 3-month outperformance (+24.97% vs NIFTY -3.36%), confirmed Nagarro acquisition milestone, and robust FY26 dividend (₹40/share) signal institutional confidence and cash generation despite near-term guidance revision.
Q1 FY27 guidance delay ($2B revenue pushed to Q4 FY27) triggered CLSA EPS cuts of 6-7%; mixed technicals (price below EMAs, RSI neutral, volume 44% of average) with no fundamental data to validate valuation suggest downside risk to ₹4,300–4,500 if Q2 disappoints.
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Bearish 28 Sep 2026 → now Scores 28 Oct 2026₹5,328.50 → ₹5,328.50 0.0%
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