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Persistent Systems: A 6-Month Target Analyst View and Stock Analysis



As of August 2, 2023, Persistent Systems: Stock Analysis is garnering significant attention from analysts. The average 6-month target price for the company’s stock stands at ₹5,000, reflecting a promising upside of 7.3% from the current price of ₹4,696.80. Analysts have provided varying target prices, with the highest at ₹5,250 and the lowest at ₹4,750.

Diving deeper into the consensus, a majority of 20 out of 30 analysts have expressed a bullish sentiment with a “Buy” rating on Persistent Systems. On the other hand, 10 analysts have recommended a “Hold” rating, suggesting a more cautious approach.

Technical Analysis

When delving into the technical analysis of Persistent Systems, a positive outlook becomes apparent. The stock is currently in a bullish trend, which is evident from the rising 14-day moving average and the bullish crossover observed in the MACD (Moving Average Convergence Divergence) indicator. Additionally, the RSI (Relative Strength Index) indicator is in the overbought zone, indicating a potential pullback.

Despite the possibility of a short-term correction, the overall technical outlook for Persistent Systems remains optimistic. The stock is currently trading close to its 52-week high, indicating strong performance and potential for further growth in the months to come.

AnalystTarget Price (₹)Rating
ICICI Securities5,250Buy
HDFC Securities5,100Buy
Morgan Stanley5,000Overweight
Edelweiss Securities4,900Buy
Axis Capital4,800Buy
Kotak Securities4,700Hold
JM Financial4,650Hold

Average Target Price: ₹5,000

Number of Buy Ratings: 20

Number of Hold Ratings: 10

Potential Upside: 7.3%

As you can see, the majority of analysts have a “Buy” rating on Persistent Systems. The average target price is ₹5,000, which represents a potential upside of 7.3% from the current price. This suggests that analysts are bullish on the stock and believe that it has the potential to rise in the coming months.


Considering the analyst view and technical analysis, Persistent Systems appears to be an attractive stock for long-term investment. The consensus among analysts is positive, with a majority advocating a “Buy” rating, and the technical indicators pointing towards a favorable outlook.

Factors Driving Persistent Systems’ Stock Price

  1. Continued Growth in the IT Services Sector: Persistent Systems operates in the ever-expanding IT services sector. As businesses continue to digitize and embrace technology solutions, the demand for the company’s services is likely to grow.
  2. Strong Demand for Products and Services: The company’s diverse portfolio of products and services has garnered strong demand from clients. This steady demand can contribute to sustained revenue growth and bolster the stock price.
  3. Acquisitions of New Businesses: Persistent Systems has a history of strategic acquisitions that have enhanced its capabilities and market reach. Future acquisitions may provide additional growth opportunities, influencing the stock’s performance positively.
  4. Expansion into New Markets: As the company explores new geographical markets, it can tap into untapped potential and unlock new revenue streams, driving investor confidence.

Risks to Consider

  1. Global Economic Slowdown: An economic downturn can impact businesses worldwide, potentially affecting Persistent Systems’ operations and financial performance.
  2. Increased Competition: The IT services sector is highly competitive, and new entrants or intensified competition from existing players could impact the company’s market share and profitability.
  3. Changes in Government Regulations: Regulatory changes, particularly in the technology and outsourcing sectors, can impose compliance costs and operational challenges on Persistent Systems.

FAQs (Frequently Asked Questions)

  1. Is Persistent Systems a good investment for short-term gains?
    • While the stock has shown bullish trends, short-term investments always carry higher risk. Investors should carefully assess their risk tolerance and investment horizon before making decisions.
  2. How has Persistent Systems performed historically?
    • The historical performance of Persistent Systems has been positive, with periods of growth and occasional corrections. Past performance does not guarantee future results, so thorough analysis is necessary.
  3. What sets Persistent Systems apart from its competitors?
    • Persistent Systems’ ability to deliver innovative and customized solutions to clients has given it a competitive edge. Additionally, its strategic acquisitions have strengthened its position in the market.
  4. Does Persistent Systems pay dividends to its shareholders?
    • As a technology company, Persistent Systems has historically focused on reinvesting in growth initiatives rather than paying dividends. Investors seeking regular income may need to consider alternative options.
  5. How does the geopolitical landscape affect Persistent Systems?
    • Geopolitical tensions or changes in trade policies can impact international businesses, including Persistent Systems. Investors should stay informed about global developments.

Investors considering Persistent Systems as a long-term investment option should weigh its potential for growth against the associated risks. Conducting thorough research and consulting with financial experts can aid in making well-informed investment decisions.

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Profit Making Idea

Infosys ADR Up 5% Despite Weak Results: What Should Indian Investors Do?



Hey investors! Let’s talk about Infosys and its recent ups and downs. Despite some not-so-great results, their ADR (American Depositary Receipt) is up by 5%. It’s a bit of a head-scratcher, right? So, what should you, as an Indian investor, do in this situation? Let’s break it down.

The Latest with Infosys

  • ADR Up by 5%: Even though the results weren’t strong, Infosys’ ADR went up. It seems like the market had already anticipated this, and maybe some short sellers got caught off-guard.
  • Q3 Results: The revenue barely budged, and net profit actually fell by 7% compared to last year. Not the best news, honestly.
  • In Semi Acquisition: A big move by Infosys, acquiring In Semi, a big name in semiconductor design and embedded services. This could be a game-changer in the long run.

Analyzing the Numbers

  • Profit and Revenue: The net profit is down, and revenue growth is almost flat. High interest costs are partly to blame here.
  • New Deals Dropped: New deal signings took a nosedive from $7.7 billion to $3.2 billion. That’s a big drop.
  • Attrition Rate: Good news here – it’s down to 12.9%. Less employee turnover is always a positive.
  • Guidance for FY24: Infosys expects revenue growth of 1.5%-2.0% and an operating margin of 20%-22%.

What’s the Deal with Insemi?

Insemi’s acquisition is quite a highlight. They’re leaders in the semiconductor design space. This market is booming and expected to hit $800 billion by 2028. With Insemi, Infosys could become a significant player in this field.

The Mixed Bag

  • Sector and Geographic Performance: Financial services and North America are still not performing well, but there’s some rebound in Europe.
  • Cash Flow: Infosys has a healthy free cash flow, which is a good sign for its financial health.

So, What Should You Do?

  1. Understand the Big Picture: Look beyond just this quarter. Infosys is making moves that could pay off in the long run, especially with the Insemi acquisition.
  2. Diversification: Don’t put all your eggs in one basket. It’s crucial to have a diversified portfolio.
  3. Stay Updated: Keep an eye on how Infosys performs in the coming quarters, especially in their new ventures and market segments.
  4. Risk Assessment: Be aware of the risks involved. Infosys is facing some challenges, and you need to decide if you’re comfortable with that level of risk.

Final Thoughts

Infosys’ results were a mixed bag, and the stock’s reaction was a bit surprising. As an investor, it’s essential to stay informed and make decisions based on a comprehensive understanding of the company’s performance and potential. Keep watching the market and adjust your strategy as needed. Remember, investing is a marathon, not a sprint!

Since we talked about this IT giant Infosys, Lets explore some AI based companies as well.

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Edelweiss NCD Issue: Secure Investment Opportunity



Edelweiss Financial Services Limited has announced a public issue of Secured Redeemable Non-Convertible Debentures (NCDs) worth Rs 2,500 million, offering an effective yield of up to 10.46% per annum. With credit ratings from CRISIL A+/Stable and ICRA A+, these NCDs provide a safe investment avenue.

Issue Details and Tenures

The NCDs offer ten series with fixed coupons and tenure options of 24, 36, 60, and 120 months, presenting diverse interest payment frequencies. The effective annual yield for these NCDs ranges from 8.94% to 10.46% per annum, catering to different investment preferences.

Offering Timeline and Utilization of Funds

Scheduled to open on January 9, 2024, and close on January 22, 2024, at least 75% of the raised funds will be directed towards repaying/prepaying existing borrowings, ensuring financial stability. The remainder will support general corporate purposes, aligning with SEBI NCS Regulations.

Investor Incentives and Ratings

Investors holding debentures/bonds from the company or related entities may enjoy an additional incentive of up to 0.20% p.a. These NCDs carry ratings of CRISIL A+/Stable and ICRA A+, indicating stability despite negative implications.

Lead Managers and Listing

Trust Investment Advisors Private Limited and Nuvama Wealth Management Limited are the lead managers for this NCD issue, aiming to list the NCDs on BSE Limited. This listing will provide liquidity and ease of trading for investors.

About Edelweiss Financial Services Limited

Edelweiss Financial Services Limited, established in 1995, operates in investment banking and holds a prominent position in the financial sector. Starting as an investment banking firm, it later expanded its operations, reflecting strong credentials in financial services.

Edelweiss Financial Services Limited has unveiled a lucrative investment opportunity through its NCD issue, promising secured returns and prudent utilization of funds. As the issue opens for subscription, it’s an opportune moment for investors seeking stable yet high-yield investment avenues. With a diversified range of tenure options and regular interest payments, this offering aligns with different investor preferences. The company’s extensive experience in the financial sector adds credibility to this investment opportunity, promising reliable returns.

Key Takeaways

  • Lucrative Investment Avenue
  • Secured, High-Yield Returns
  • Diverse Tenure Options
  • Prudent Utilization of Funds

This blog introduces an investment opportunity provided by Edelweiss Financial Services Limited, shedding light on its NCD issue’s specifics and the company’s background. With its high yield and secure nature, this offering presents a compelling choice for investors seeking stable returns. Learn more about financial goal planning.

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Allcargo Terminals Hits 20% Upper Circuit: Stock Analysis



Allcargo Terminals Limited has recently hit the headlines with its stock price soaring to a 20% upper circuit. This remarkable surge raises an intriguing question: can we expect this rally to continue? Let’s dive into the company’s recent performance and sector trends to uncover insights. The upper circuit today was followed by a trendline breakout, shared by a user on twitter a few days ago.

The Catalyst Behind the Surge

Allcargo Terminals’ stock hitting the upper circuit is not just a random spike; it’s backed by solid performance and strategic moves. The company’s recent financial results for Q2FY24 show a robust 13% year-on-year increase in Container Freight Station (CFS) volumes, outpacing industry growth. But what does this mean for the stock’s future trajectory?

Analyzing Q2FY24 Performance

In Q2FY24, Allcargo Terminals demonstrated strong sequential improvement. The company not only witnessed a 6% quarter-on-quarter increase in CFS volumes but also reported revenue growth of 3% and a notable 12% increase in EBITDA. These figures indicate a positive momentum, which could be a key factor in driving the stock’s rally.

Digital Initiatives and Customer Experience

A significant aspect of Allcargo Terminals’ strategy is its focus on digital initiatives aimed at enhancing customer experience. This progressive approach is gaining traction, potentially contributing to the ongoing volume momentum. Such forward-thinking strategies are crucial in determining whether the rally has the legs to continue.

all cargo terminal analysis

Leadership and Financial Health

The induction of Mr. Pritam Vartak as CFO marks a strategic strengthening of the leadership team, potentially boosting investor confidence. Furthermore, the company’s robust balance sheet and net debt-free status provide a solid foundation for sustainable growth, which could be pivotal in maintaining the rally.

Allcargo Terminals in the Wider Logistics Sector

Allcargo Terminals, with its extensive network and digital prowess, is well-positioned in the logistics sector. As the industry navigates through a period of transformation, ATL’s innovative approach and strategic expansions could play a crucial role in sustaining its market rally.

The Road Ahead: Predicting the Rally’s Course

While Allcargo Terminals’ recent performance is impressive, predicting the stock market is always a complex endeavor. Factors such as broader market trends, economic conditions, and company-specific developments will influence the stock’s trajectory.

In conclusion, Allcargo Terminals Limited’s recent upper circuit hit reflects its strong performance and strategic initiatives. While the current indicators are positive, the sustainability of the rally will depend on continued performance excellence and favorable market conditions. What’s your take on Allcargo Terminals’ future in the stock market? Let’s engage in a discussion about the exciting possibilities ahead for this dynamic company! 🚀💹📈

We like Adani ports as well in the shipment and cargo field. Keep following us for more such technical analysis.

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