Persistent Systems533179Information technology services
Persistent Systems recovered in trade after falling on a margin miss versus estimates
By ScoutQuest · · 1 min read
- Initial fall
- 5 to 6 percent
- Recovery move
- 3 percent
Heard on business television between 12:23:45 - 12:26:45 IST.
- Stock was down almost 5-6% earlier but recovered, up about 3% later.
- The fall was attributed to a miss versus estimates from a margin perspective.
- The weakness had a bearing on Coforge, which reports earnings on the 23rd.
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Source: Live TV News Channel · 16 Oct 2026
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