Persistent Systems Shows Resilience with Notable Rebound Amid Market Volatility
Persistent Systems experienced a notable rebound on January 23, 2025, gaining 6.94% after two days of declines. The stock demonstrated high volatility and reached an intraday high of Rs 6035.9. Despite a recent monthly decline, it remains above key moving averages, reflecting strong investor interest.
Persistent Systems has shown a significant rebound today, gaining 6.94% on January 23, 2025, which positions it ahead of its sector by 5.48%. This marks a notable trend reversal following two days of declines. The stock opened with a 2.52% increase, reflecting positive market sentiment.During the trading session, Persistent Systems reached an intraday high of Rs 6035.9, indicating a 6.17% rise. The stock has exhibited high volatility, with an intraday volatility rate of 31.62%, suggesting active trading and strong investor interest.
In terms of moving averages, Persistent Systems is currently above the 100-day and 200-day moving averages, although it remains below the 5-day, 20-day, and 50-day moving averages. Over the past month, the stock has seen a decline of 5.07%, which is more pronounced than the 2.90% drop in the Sensex.
Overall, Persistent Systems' recent performance underscores its resilience within the IT software sector, demonstrating its capacity to recover and attract investor attention in a dynamic market environment.
{{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}}%)
Related Stock Links
- {{stockdata.stock.stock_name.value}} Analysis
- {{stockdata.stock.stock_name.value}} Technicals
- {{stockdata.stock.stock_name.value}} Quality
- {{stockdata.stock.stock_name.value}} Valuation
- {{stockdata.stock.stock_name.value}} Financial Trend
- {{stockdata.stock.stock_name.value}} Return Analysis
- {{stockdata.stock.stock_name.value}} Price Analysis
- {{stockdata.stock.stock_name.value}} Quarterly Result Analysis
- {{stockdata.stock.stock_name.value}} Half-Yearly Result Analysis
- {{stockdata.stock.stock_name.value}} Nine Monthly Result Analysis
- {{stockdata.stock.stock_name.value}} Annual Results
- {{stockdata.stock.stock_name.value}} Balance Sheet
- {{stockdata.stock.stock_name.value}} Profit & Loss
- {{stockdata.stock.stock_name.value}} Cash Flow
- {{stockdata.stock.stock_name.value}} News
- {{stockdata.stock.stock_name.value}} Announcements
- {{stockdata.stock.stock_name.value}} Share Holding
- {{stockdata.stock.stock_name.value}} Peer Comparison
Our weekly and monthly stock recommendations are here
Loading...
Industry
{{sm.old_ind_name }}
Market Cap
{{sm.mcapsizerank }}
Date of Entry
{{sm.date }}
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
Most Read
