Tech Analysis
Tech Analysis
Persistent
Persistent is growing rapidly similar to the Infosys. Persistent Systems is a
global company specializing in software products, services and technology
innovation. The company offers complete product life cycle services. Past 10 year's
financial track record analysis indicates that Persistent Systems Ltd is a good
quality company.Persistent Systems Ltd's earnings have grown by 12.1%, whereas
share price has appreciated 43.8% CAGR over the past five years, indicating the
company’s share price is likely overvalued. Persistent Systems Ltd share price has
appreciated 38.5% annually (CAGR) over the past ten years.
Persistent Creates a Payments Business Unit and Expands Cloud Capabilities with
Strategic Acquisitions. Persistent Systems recently announced that it has reached a
deal to purchase Software Corporation International (SCI) of Charlotte, North
Carolina, and its affiliate, Fusion360, as well as the operations of Shree Partners
of East Brunswick, New Jersey, including its subsidiary in India.
Persistent Systems is a worldwide services and solutions firm offering Digital
Engineering and Enterprise Modernization with over 14,500 people in 18 countries.
Forbes Asia's Best Under A Billion 2021 list recognised Persistent for its
continuous top- and bottom-line success as well as growth.