Buy Persistent Systems, target Rs 815: Jay Thakkar

Buy Persistent Systems Ltd. at a price target of Rs 815.0 and a stop loss at Rs 760 from entry point.

Jay Thakkar of Anand Rathi has a buy call on Persistent Systems with a target price of Rs 815.

The current market price of Persistent Systems is Rs 782.05.

Time period given by the analyst is 'Intra Day' when Persistent Systems price can reach defined target.

Jay Thakkar recommended to keep a stop loss at Rs 760.

Persistent Systems, incorporated in the year 1990, is a Mid Cap company (having a market cap of Rs 6,256.40 Crore) operating in Information Technology sector.

The company’s top management includes Dr.Anand Deshpande, Mr.Anant Deep Jhingran, Mr.Kiran Umrootkar, Mr.Pradeep Bhargava, Mr.Prakash Telang, Mr.Sanjay Bhattacharyya, Mr.Sunil Sapre, Mr.Thomas (Tom) Kendra, Ms.Roshini Bakshi.
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Company has Joshi Apte & Co. as its auditors.

As on 31-12-2017, the company has a total of 80,000,000 shares outstanding.
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