Persistent Systems' performance based on a good manegement and business model: Kunj Bansal

In an chat with ET Now, Kunj Bansal, ED & CIO – Centrum Wealth Management Ltd, shares his views on Persistent Systems, Excerpts:

ET Now: Are you still invested in Persistent Systems?

Kunj Bansal: Yes we are still invested. The stock has done well and we made good money. To be truthful the whole IT pack has done well.

Large caps have done well, midcaps have done probably better than some of the large caps, only thing one had to do was to choose good managements and good business models of which Persistent is one.
ET Now: So you will hold on Persistent irrespective of a rally in the market.

Kunj Bansal: Yes.