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Persistent Systems Ltd is up for a fifth straight session today. The stock is quoting at Rs 5495.5, up 2.36% on the day as on 12:44 IST on the NSE. The benchmark NIFTY is up around 0.45% on the day, quoting at 24981.35. The Sensex is at 81691.43, up 0.47%. Persistent Systems Ltd has gained around 6.72% in last one month.
Meanwhile, Nifty IT index of which Persistent Systems Ltd is a constituent, has gained around 2.89% in last one month and is currently quoting at 35440.85, up 2.68% on the day. The volume in the stock stood at 5.02 lakh shares today, compared to the daily average of 4.22 lakh shares in last one month.
The benchmark August futures contract for the stock is quoting at Rs 5490.5, up 2.23% on the day. Persistent Systems Ltd is up 10.06% in last one year as compared to a 0.12% slide in NIFTY and a 12.65% slide in the Nifty IT index.
The PE of the stock is 65.46 based on TTM earnings ending June 25.
Persistent Systems today announced strategic leadership changes to scale its growth momentum and enhance its operational excellence. Dhanashree Bhat, Chief Operating Officer, has decided to move on from her role effective 11 August 2025, to pursue external career opportunities. Persistent is grateful for her invaluable contributions. The Company has elevated Jaideep Dhok as Chief Operating Officer – Technology, effective 12 August 2025. This change reflects the strength of the Company's existing leadership, succession planning, long-term transformation priorities, and continued focus on seamless execution.
Jaideep Dhok previously served as Senior Vice President – Banking, Financial Services and Insurance (BFSI) of the Company. He has more than 23 years of experience across horizontal technologies and in the BFSI industry. With over 14 years at Persistent, he has led major transformation programs, built new business lines, and expanded Persistent's BFSI segment. Jaideep currently leads the APAC region and is a key contributor to the Company's AI strategy. In his new role, Jaideep will assume additional responsibility for Delivery Excellence, Talent Acquisition/Talent Management, Learning and Development, as well as Alliances and Partnerships.