Pending — not yet graded
“JM Financial maintains an 'add' view on Persistent Systems but trimmed its target price to ₹5,095 from ₹5,660. The revision factors in integration risk from the Nagarro acquisition, leading to a lower target multiple of 30 times FY28E EPS (previously 34 times), despite a marginal upward revision in FY27E-FY29E EPS due to a large deal ramp-up.”
JM Financial Analysis’s track record: 4 graded calls · 95% CI 5–70%
Persistent SystemsBullishCalled 29 Jun 2026
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