Persistent Systems - Call Closure

India Infoline News Service | Mumbai |

Persistent Systems - Call Closure

Reco price Rs388, Call Closure Price Rs505

We had recommended a BUY on Persistent Systems in a detailed initiating coverage report dated April 05, 2011 with a target price of Rs475. We had subsequently upgraded its target price to Rs490 in our recent update report. The stock has  surpassed its increased target price in today’s trading session. While we continue to be positive on the company, we recommend investors to book profits at current levels. 

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