$PERSISTENT

Fundamental Analysis: $PERSISTENT is a leading IT services and digital engineering company focused on cloud, AI, and enterprise transformation solutions. In the latest quarter, the company’s revenue grew by 25% while net profit increased by 34%, reflecting strong demand across its digital services business. DII holdings also increased by 0.67%. The valuation remains slightly premium with the stock trading at a P/E of 43.10x compared to its 10-year average of 35.5x. Technical Analysis: The stock has shown a strong recovery from the ₹4,700 zone and price is approaching the key resistance area near ₹5,400 after a sharp rebound. RSI is around 61, suggesting positive strength, while MACD has turned bullish with improving momentum.