PERSISTENT.NS Persistent Systems NSE falls 2.25% to INR 4977.50: AI services under lens
We see PERSISTENT.NS stock trading at INR 4,977.50 on the NSE intraday session, down 2.25% on volume 835,445 shares. The pullback follows a gap from the 50-day average of INR 6,117.37 and rising selling momentum. We focus on AI services revenue, valuation, and short-term trade signals for India-listed Persistent Systems Limited.
Intraday price action and drivers for PERSISTENT.NS stock
Persistent Systems (PERSISTENT.NS) opened at INR 5,090.00 and hit a day low of INR 4,916.00. The stock is down 114.50 INR intraday, or -2.25%, on above-average volume of 835,445 versus an average of 524,630. This activity reflects profit taking after a YTD decline of -20.77% and investor focus on AI-related revenue growth.
Earnings, valuation and fundamentals
Persistent Systems reports EPS 110.50 INR and trades at PE 45.05, above the Technology sector average PE of 41.87. Market cap is INR 778,311,351,868 with low net debt and strong cash per share of INR 146.53. Key ratios: ROE 24.67%, Debt/Equity 0.09, and PB 10.00, flagging premium valuation for steady earnings growth.
Technical snapshot and trading signals
Momentum indicators show oversold conditions: RSI 22.30 and Williams %R at -94.62, while ADX 31.68 signals a strong trend. Short-term averages sit below the 50-day mean, and MACD is negative with histogram -75.26. Traders should watch support near the year low INR 4,148.95 and resistance at the 50-day INR 6,117.37.
Meyka AI rates PERSISTENT.NS with a score out of 100 and forecast for the stock
Meyka AI rates PERSISTENT.NS with a score of 79.73 / 100, Grade B+, suggestion: BUY. This grade factors in S&P 500 comparison, sector performance, financial growth, key metrics, and analyst consensus. Meyka AI’s forecast model projects monthly INR 5,241.54, quarterly INR 5,545.36, and yearly INR 7,414.96. Relative to the current price INR 4,977.50, the yearly projection implies +48.96% upside. Forecasts are model-based projections and not guarantees.
AI opportunity, catalysts and PERSISTENT.NS stock risks
Persistent’s AI and cloud services are core catalysts, with wins in 5G AI operations and enterprise automation supporting revenue growth. Analysts cite AI-led deal ramps as the primary opportunity. Risks include premium valuation, slower global IT spending, and margin pressure. Monitor next earnings announcement on 2026-04-22 for AI revenue cadence and guidance changes.
Price targets, trading strategy and sector context
We set a conservative 6-month price target INR 6,200.00 and a 12-month target aligned with the model at INR 7,400.00. That implies near-term upside of 24.61% and longer-term upside 48.72% from INR 4,977.50. Given a PE of 45.05, investors seeking AI exposure should scale in using stop-loss near INR 4,850.00 and trim into rallies toward the 50-day average. Technology sector headwinds can widen volatility.
Final Thoughts
PERSISTENT.NS stock is trading lower intraday at INR 4,977.50, reflecting short-term momentum and valuation re-rating. Fundamentals remain solid, with EPS 110.50 INR, ROE 24.67%, and strong cash per share INR 146.53 versus modest debt. Meyka AI’s model projects a yearly price of INR 7,414.96, implying ~48.96% upside versus the current price; this is model-based and not a guarantee. For active traders, technicals signal oversold conditions that can produce short-term bounces, while long-term investors should weigh premium multiples against AI-driven revenue growth. We use this intraday move to watch earnings on 2026-04-22 and measure AI deal traction before increasing exposure. For the latest holdings and sector context, see persistent fund holdings and recent market coverage stockanalysis holdings and the broader market commentary on AI and healthcare catalysts Business Insider report. Meyka AI provides this AI-powered market analysis to help contextualise intraday moves. Remember to match position sizing to your risk profile, and treat forecasts as probabilistic scenarios.
FAQs
What is the current intraday price and change for PERSISTENT.NS stock?
As of this intraday update PERSISTENT.NS stock is at INR 4,977.50, down INR 114.50 or -2.25%, with volume 835,445 shares on the NSE in India.
How does Persistent Systems’ valuation compare to its sector?
PERSISTENT.NS stock trades at PE 45.05, above the Technology sector average PE 41.87, and shows a PB 10.00, indicating a premium valuation relative to peers.
What price targets and upside does Meyka AI forecast for PERSISTENT.NS stock?
Meyka AI’s forecast model projects a yearly target of INR 7,414.96, implying ~48.96% upside from INR 4,977.50. Forecasts are model-based projections and not guarantees.
What are the main risks to PERSISTENT.NS stock’s AI growth story?
Key risks for PERSISTENT.NS stock include valuation compression, slower global IT budgets, margin pressure, and execution risk on AI contract ramps. Monitor quarterly guidance and deal closure rates.
Disclaimer:
Stock markets involve risks. This content is for informational purposes only. Past performance does not guarantee future results. Meyka AI PTY LTD provides market analysis and data insights, not financial advice. Always conduct your own research and consider consulting a licensed financial advisor.