Shares of mid-tier IT company Persistent Systems surged over 7 per cent on Wednesday, October 15, 2025, after the company posted strong quarterly results. The stock opened gap up with a gain of 4.15 per cent at Rs 5,545 against the previous close of Rs 5,324.25 on the BSE. The scrip gained further to touch the intraday high of Rs 5,728.90, representing a gain of 7.6 per cent. Last seen, the stock was trading at Rs 5666.70 with a gain of 6.43 per cent. The market cap of the company stood at Rs 88,663.16 crore.
On the National Stock Exchange (NSE), the stock started the trading session at Rs 5,522 against the previous close of Rs 5,337.90.
The 52-week high of the stock is Rs 6,788.90, hit on December 20, 2024, and the 52-week low is Rs 4,148.95.
Persistent Q2 Results
The company has reported a 45 per cent year-on-year rise in consolidated net profit to Rs 471.4 crore for the second quarter of the financial year 2025-26, compared to Rs 324.9 crore in the same quarter a year ago. In the previous quarter, the company reported a profit of Rs 424.90 crore.
The company's revenue grew 23.6 per cent to Rs 3,580.7 crore from Rs 2,897.15 crore in Q2 FY25. On a quarterly basis, this has surged 7.4 per cent.
Share Market Today
Equity benchmark indices Sensex and Nifty were trading higher in early trade on Wednesday, tracking a rally in Asian markets amid hopes of a US Federal Reserve rate cut later this month.
The 30-share BSE Sensex climbed 354.57 points to 82,384.55 in early trade. The 50-share NSE Nifty edged higher by 109.55 points to 25,255.05.
From the Sensex firms, Asian Paints, NTPC, Bajaj Finance, Bharat Electronics, Bajaj Finserv and Power Grid were among the major winners. However, Tech Mahindra, Axis Bank, Infosys and Titan were the laggards.
(This article is for informational purposes only and should not be construed as investment, financial, or other advice.)
