Persistent Systems Ltd is up for a third straight session today. The stock is quoting at Rs 6000, up 2.04% on the day as on 12:49 IST on the NSE. The benchmark NIFTY is up around 0.7% on the day, quoting at 23097.15. The Sensex is at 74708.52, up 0.75%. Persistent Systems Ltd has gained around 11.79% in last one month.
Meanwhile, Nifty IT index of which Persistent Systems Ltd is a constituent, has gained around 15.06% in last one month and is currently quoting at 31866.4, up 2.2% on the day. The volume in the stock stood at 6.97 lakh shares today, compared to the daily average of 7.77 lakh shares in last one month.
The benchmark November futures contract for the stock is quoting at Rs 5996.5, up 2.12% on the day. Persistent Systems Ltd is up 1.41% in last one year as compared to a 10.21% slide in NIFTY and a 8.81% slide in the Nifty IT index.
The PE of the stock is 55.4 based on TTM earnings ending September 26.