Markets Quota Constitution Equities turns bullish on Persistent Systems after recent underperformance, though flags dilution risk from pending $1.25 billion QIP

Mon 5 Oct 2026

QIP fundraise approval

1.25 billion dollars

Heard on business television between 14:49:40 - 14:52:40 IST.

• Analyst house (Markets Quota Constitution Equities) said bullish view on Persistent Systems despite recent stock weakness.
• Noted QIP still to play out, creating supply pressure and dilution risk once it opens, as company has approval to raise 1.25 billion dollars.
• Earnings delivery seen as a key trigger for the stock.
• Guest Rima said she holds Persistent in her personal portfolio along with Koforge and Tata Elxsi, hoping acquisition synergies show up in numbers.
• She cautioned street may apply lower PE multiples to high-growth IT services names over time.

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