Persistent Systems Ltd Sees Rs 73.14 Crores in Total Traded Value Today

Persistent Systems Ltd, a prominent player in the Computers - Software & Consulting industry, has shown significant activity in the stock market today. The company, with a market capitalization of Rs 83,271.00 crore, has traded a total of 1,299,882 shares, resulting in a total traded value of approximately Rs 73.14 lakh.
The stock opened at Rs 5,522.00, reflecting a gain of 3.45% from the previous close of Rs 5,337.90. Throughout the day, Persistent Systems reached an intraday high of Rs 5,715.00, marking a notable increase of 6.78%. Currently, the last traded price stands at Rs 5,693.90, indicating a 6.93% return for the day, significantly outperforming the sector's return of 0.18% and the Sensex's return of 0.34%.

Persistent Systems has been on a positive trajectory, gaining for the last two days with a cumulative return of 6.24%. The stock is also trading above its 5-day, 20-day, 50-day, 100-day, and 200-day moving averages, showcasing strong momentum. Additionally, the delivery volume on October 14 increased by 58.79% compared to the 5-day average, indicating rising investor participation. Overall, Persistent Systems continues to demonstrate robust performance metrics in the current market landscape.