Persistent Systems Faces Decline Amid Broader Market Challenges and Mixed Momentum

Jun 02 2025 12:45 PM IST
share
Share Via
Persistent Systems, a key player in the software and consulting sector, faced a decline on June 2, 2025, underperforming relative to the broader market. The stock has seen a cumulative drop over two days and is currently positioned variably against its moving averages. Meanwhile, the broader market continues to experience challenges.
Persistent Systems, a prominent player in the Computers - Software & Consulting industry, experienced a decline of 3.1% on June 2, 2025. This performance marks a notable underperformance compared to the broader market, as the stock lagged behind its sector by 2.1%. Over the past two days, Persistent Systems has seen a cumulative drop of 3.42%, reflecting a challenging period for the stock.

Intraday trading revealed a low of Rs 5463, indicating a 3.07% decrease at its lowest point. In terms of moving averages, the stock is currently positioned above its 50-day moving average but below the 5-day, 20-day, 100-day, and 200-day averages, suggesting mixed short-term momentum.

In the broader market context, the Sensex opened lower at 81,214.42, down 236.59 points, and is currently trading at 81,341.36. The index has faced a three-week consecutive decline, losing 1.2% during this period. Despite these challenges, small-cap stocks are showing resilience, with the BSE Small Cap index gaining 0.49% today.
{{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