In return for its investments Persistant hopes it will develop valuable IP on back of which startups can be sold or seek investment at high...

At 11:30 am, Persistent System was trading 8.1 per cent higher at Rs 461.80. It has hit a low of Rs 441.90.

The company's revenue during the period grew 37.2 per cent to Rs 326.86 crore from Rs 238.17 crore in the year-ago period.