Persistent Systems Q2 Review: Kotak Securities Maintains Buy, Citi Retains Sell After Q2 Results
Kotak Securities and Citi rate stocks including Persistent Systems.
· NDTV Profit
Persistent Systems reported a 27.1% sequential decline in net profit to Rs 352 crore in the September quarter, even as revenue rose 8.4% to Rs 4,664 crore.
The analysis
Earnings versus expectations is what actually re-rates a stock; the surprise matters more than the absolute number.
Market context
- Brokerage calls from Kotak Securities and Citi, with ratings on the stocks named. The stocks: Persistent Systems.
- Over three months: Persistent Systems +9.7% against IT -3.1% (12.8 points ahead).
| Company | Price | Day | 1M | 3M | From 52-wk high | Volume vs 20-day | Market cap |
|---|---|---|---|---|---|---|---|
| Persistent SystemsPERSISTENT · IT | ₹6,048.00 | +2.9% | +14.6% | +9.7% | -7.9% | 1.4× | — |
IT
1M +5.2% · 3M -3.1%
Persistent Systems
Prices as of 30 Oct 2026, 16:10 IST. Sector moves are the average of the stocks we track in each sector.
In this story
Related coverage
Birlasoft Shares Surge 10% After Q2 Results; Rs 3 Interim Dividend Declared
Hexaware Technologies Share Price Targets Cut By Jefferies, Kotak After IT Firm Slashes Growth Guidance
Sagility block deal: Promoter Sagility BV likely to sell 12% stake for Rs 2,377 crore
Q2 October dividend champions: Infosys, Colgate, HUL, CPCL, Coal India | Big payouts - amount, record date
eClerx Services shares plunge 13% post company's second-quarter results