Persistent Systems Ltd slips for fifth straight session

21 Nov 2022 , 01:35 PM

Persistent Systems Ltd dropped for a fifth straight session today. The stock is quoting at Rs 3668, down 1.78% on the day as on 13:19 IST on the NSE. The benchmark NIFTY is down around 0.92% on the day, quoting at 18138.9. The Sensex is at 61093.31, down 0.92%.Persistent Systems Ltd has eased around 1.08% in last one month.Meanwhile, Nifty FMCG index of which Persistent Systems Ltd is a constituent, has increased around 2.65% in last one month and is currently quoting at 29669.25, down 1.27% on the day. The volume in the stock stood at 1.78 lakh shares today, compared to the daily average of 2.34 lakh shares in last one month. The benchmark November futures contract for the stock is quoting at Rs 3670.3, down 1.95% on the day. Persistent Systems Ltd tumbled 10.59% in last one year as compared to a 4.15% rally in NIFTY and a 17.44% fall in the Nifty FMCG index.The PE of the stock is 39.79 based on TTM earnings ending September 22.Powered by Capital Market – Live News