Persistent share price: market snapshot and analyst outlook

Introduction: Why the persistent share price matters

The persistent share price is a focal point for investors tracking software and technology stocks. Given Persistent Systems’ sizeable market capitalization and recent analyst coverage, short-term price movements and analyst targets can influence portfolio decisions and market sentiment. This update summarizes the latest quoted prices, analyst target, and key valuation metrics from the provided sources.

Main details and market data

Intraday and quoted prices

According to the available trading snapshot, Persistent Systems opened at ₹6,119.50 while the previous close was ₹6,068.00. During the quoted session, the stock reached an intraday high of ₹6,120.00 (the same feed did not provide a corresponding intraday low). A broader high/low figure reported for the stock is ₹6,599 / ₹4,149.

Analyst target and upside

S&P data referencing 35 analysts gives Persistent Systems a target price of ₹6,817.54. This target implies a potential upside of approximately 12.35% versus the referenced current price of around ₹6,082–₹6,082.50. The analyst consensus indicates moderate upside from prevailing levels based on the compiled estimates.

Valuation and shareholder metrics

Key fundamentals from the provided information include a market capitalization of ₹96,191 crore, a price-to-earnings (P/E) ratio of 53.5, a book value of ₹453 per share, and a dividend yield of 0.58%. These metrics point to a relatively high earnings multiple and a modest income yield for shareholders, factors investors commonly weigh against growth expectations.

Conclusion: Implications and near-term outlook

The available data shows analysts see modest upside to Persistent Systems’ share price from current levels, with a consensus target of ₹6,817.54 (about 12.35% higher). Investors should balance that analyst view against the company’s valuation — a P/E of 53.5 — and the modest dividend yield of 0.58%. For readers, the immediate significance is that Persistent remains a sizeable, actively covered technology stock with potential upside per analysts but trading at a premium multiple. As always, investors should consider these figures alongside their own risk tolerance and time horizon and consult full research or a financial advisor before making investment decisions.