Persistent Systems: The Press Release titled 'Persistent Opens Third Hyderabad Facility to Strengthen AI and Modernization…
Persistent Systems (PERSISTENT) filed a disclosure titled "The Press Release titled 'Persistent Opens Third Hyderabad Facility to Strengthen AI and Modernization Delivery', is as enclosed". The company is valued at about ₹94,398 crore.
What happened
Persistent Systems (PERSISTENT) filed a disclosure with the exchanges on 13 October 2026 at 02:59 PM titled "The Press Release titled 'Persistent Opens Third Hyderabad Facility to Strengthen AI and Modernization Delivery', is as enclosed".
Company snapshot
Persistent Systems is a mid-cap company in the Information Technology sector, with a market value of about ₹94,398 crore.
The stock last traded at ₹5,984, against a 52-week range of ₹4,244.5–₹6,599 (9.3% below the high).
Before this filing the shares had moved +4.7% over the month and +12.5% over three months. Average daily turnover over the last 20 sessions was about ₹216 crore.
Promoters held 30.29% at the end of Q1 FY27. Foreign institutions owned 20.79% and domestic institutions 30.24%.
| Quarter | Revenue | Net profit | EPS (₹) |
|---|---|---|---|
| Q1 FY26 | 3,334 | 448.2 | 27.43 |
| Q2 FY26 | 3,581 | 471.5 | 30.31 |
| Q3 FY26 | 3,778 | 439.5 | 28.15 |
| Q4 FY26 | 4,056 | 529.3 | 33.83 |
| Q1 FY27 | 4,303 | 483 | 30.88 |
What history shows
BCEIE has no earlier similar filing from this company on record since May 2026.
Market-wide, 105 similar filings with an impact score of 50 or more saw an average next-day move of +0.6%, with 45% rising.
Past reactions describe what happened before; they are not a forecast.
What to watch
- 15 October 2026: Board meeting — Financial Results/Other business matters.
In the news
Recent coverage elsewhere (links open the original publisher):
Source
Automatically written from the exchange filing and BCEIE data. Not investment advice. Check the original filing before acting on it.