Persistent Systems Shows Strong Rebound Amid Broader IT Sector Gains

May 12 2025 09:45 AM IST
share
Share Via
Persistent Systems experienced significant gains on May 12, 2025, outperforming the IT - Software sector. The stock opened higher and reached an intraday peak, marking a reversal after two days of decline. Over the past year, it has shown substantial growth compared to the Sensex, despite a year-to-date decline.
Persistent Systems has shown notable activity today, gaining 3.32% on May 12, 2025. This performance outpaced the IT - Software sector, which rose by 2.34%. The stock opened with a gap up of 2.85% and reached an intraday high of Rs 5638, reflecting a 3.54% increase. This marks a trend reversal for Persistent Systems, which had experienced two consecutive days of decline prior to today’s gains.

In terms of moving averages, the stock is currently above its 5-day, 20-day, 50-day, and 200-day moving averages, although it remains below the 100-day moving average. Over the past week, Persistent Systems has increased by 1.73%, significantly outperforming the Sensex, which saw a rise of 0.72%.

Looking at longer-term performance, Persistent Systems has delivered a remarkable 67.07% increase over the past year, compared to the Sensex's 11.99%. Year-to-date, however, the stock is down 13.04%, contrasting with the Sensex's gain of 4.15%. Over three years, Persistent Systems has surged by 204.19%, while the Sensex has risen by 53.75%.
{{stockdata.stock.stock_name.value}} Live

{{stockdata.stock.price.value}} {{stockdata.stock.price_difference.value}} ({{stockdata.stock.price_percentage.value}}%)

{{stockdata.stock.date.value}} | BSE+NSE Vol: {{stockdata.index_name}} Vol: {{stockdata.stock.bse_nse_vol.value}} ({{stockdata.stock.bse_nse_vol_per.value}}%)


Our weekly and monthly stock recommendations are here
Loading...
{{!sm.blur ? sm.comp_name : ''}}
Industry
{{sm.old_ind_name }}
Market Cap
{{sm.mcapsizerank }}
Date of Entry
{{sm.date }}
Entry Price
Target Price
{{sm.target_price }} ({{sm.performance_target }}%)
Holding Duration
{{sm.target_duration }}
Last 1 Year Return
{{sm.performance_1y}}%
{{sm.comp_name}} price as on {{sm.todays_date}}
{{sm.price_as_on}} ({{sm.performance}}%)
Industry
{{sm.old_ind_name}}
Market Cap
{{sm.mcapsizerank}}
Date of Entry
{{sm.date}}
Entry Price
{{sm.opening_price}}
Last 1 Year Return
{{sm.performance_1y}}%
Related News