Persistent Systems.
india-headquartered technology company
- Reports this week
- 0
- Active events
- 0
- Connections
- 40
What's happening
Earlier this month
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Infosys, HCL Technologies, and Persistent Systems were listed in Sensex updates on September 1, 2026.Some support1 report
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Eric Pagdiwalla has been appointed COO of Bhartiya Converge, which serves as the GCC enablement platform for Bhartiya Urban.Some support28 reports
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CLSA reiterated high conviction outperform rating on Persistent Systems.Some support1 report
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Anand Deshpande is the founder and chairman of Persistent Systems.Some support1 report
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The IT sector, including HCL Technologies and Persistent Systems, is experiencing a decline due to weak global market cues.Some support1 report
One to three months ago
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Major Indian IT companies, including TCS, Infosys, Wipro, and Persistent Systems, are thriving due to optimism surrounding the US-Iran diplomatic engagement.Some support3 reports1 development inside
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Persistent Systems reported sequential revenue growth driven by its India business, noting the presence of global capability centers in India.Some support1 report
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UBS maintained Buy rating on Infosys; downgraded Persistent Systems to Neutral; maintained Neutral rating on Wipro; raised target price for LTM Ltd. CLSA advocated selective approach to sector.Some support1 report
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LTM and Persistent Systems are confirmed to be major IT firms and constituents of the Nifty IT index.Some support1 report
Gone quiet
No new reports in 90+ days-
Infosys and Tata Group are navigating a market correction in the broader IT sector while also completing the acquisition of Nagarro SE, a Germany-based company.Some support1 report
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Power Finance Corporation approved amalgamation with REC and announced plans to acquire Nagarro SE, alongside signing a land deal in Bengaluru.Some support1 report
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The Middle East conflict is negatively impacting the Indian IT sector, leading to slower client spending and revenue hits for companies like Infosys, Accenture, and Persistent Systems.Some support2 reports
No events began in the chosen period. Widen it, or reset.
Around Persistent Systems this week
News at the entities that move Persistent Systems most-
Barclays TransactionalQinetiQ carried out share purchases and arranged for a share buyback execution on the London Stock Exchange.Moves Persistent Systems
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CLSA Mentioned togetherTalks between the US and China are underway, where the current US trade status is the key factor in establishing a conditional truce to avert a trade war.Moves Persistent Systems
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Accenture OperationalFinancial institutions noted weak demand and revenue headwinds for Accenture due to West Asia conflict disruptions.Moves Persistent Systems
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FED Shared contextIran closed the Strait of Hormuz, halting petroleum liquids movement and raising inflation concerns, which Donald Trump views as a potential solution.Moves Persistent Systems
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Tata Consultancy Services OperationalMajor Indian IT companies including TCS, Infosys, Wipro, and HCL experienced significant stock price declines on January 1, 2026, amidst market corrections and expert commentary on TCS.Moves Persistent Systems
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Infosys Mentioned togetherOn September 28, 2026, the market experienced a crash: Infosys was the only Sensex stock to close higher, while Larsen & Toubro was the biggest loser.Moves Persistent Systems
Connections
The 17 strongest of 40, analyzed from the reporting. The bars show how strongly a change on one side reaches the other.-
Barclays Transactional
Barclays is providing committed financing as part of the acquisition of Persistent Systems.
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Accenture Operational
Accenture's guidance changes and forecasts are observed to influence market sentiment and trigger sell-offs in the Indian IT sector where Persistent Systems operates.
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Anand Deshpande Structural
Anand Deshpande serves as the founder and chairman of Persistent Systems.
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Bidco Transactional
Persistent Systems utilizes Bidco as a functional vehicle for its acquisition strategy.
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Tata Consultancy Services Operational
Both companies are major IT service providers that actively compete for market share.
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Tata Technologies Mentioned together
Both entities were co-mentioned as mid-cap IT stocks experiencing strong buying interest.
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miNt Mentioned together
The relationship is noted as operating in a shared context, advanced between 2% and 3% in the session.
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Wipro Mentioned together
Both Wipro and Persistent Systems are identified as major players within the Indian IT services market.
Show all 17 connections
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UBS Mentioned together
Market analysts discussed potential premium valuations and integration risks between UBS and Persistent Systems, culminating in a market downgrade.
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LTM Mentioned together
Both companies are noted as members of the IT sector and are listed together in IT indices.
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Infosys Mentioned together
The companies are co-mentioned as part of the IT sector and beneficiaries of market trends like AI adoption.
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CLSA Mentioned together
CLSA provides market analysis, ratings, and expert commentary on Persistent Systems' business and market performance.
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HCL Technologies Mentioned together
Both companies were mentioned in the context of the general decline affecting the IT sector.
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Eric Transactional
Eric was a former employee of Persistent Systems.
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FED Shared context
FED's interest rate expectations provide a macroeconomic backdrop influencing the performance of the IT sector where Persistent Systems operates.
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Goodman Mentioned together
No evidence was provided linking Goodman and Persistent Systems.
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Nvidia Mentioned together
No direct relationship between Nvidia and Persistent Systems is described in the evidence.
History
Events by the month they beganSeptember 2026
5 events- Infosys, HCL Technologies, and Persistent Systems were listed in Sensex updates on September 1, 2026.
- Eric Pagdiwalla has been appointed COO of Bhartiya Converge, which serves as the GCC enablement platform for Bhartiya Urban.
- CLSA reiterated high conviction outperform rating on Persistent Systems.
- Anand Deshpande is the founder and chairman of Persistent Systems.
- The IT sector, including HCL Technologies and Persistent Systems, is experiencing a decline due to weak global market cues.
August 2026
2 events- Persistent Systems reported sequential revenue growth driven by its India business, noting the presence of global capability centers in India.
- UBS maintained Buy rating on Infosys; downgraded Persistent Systems to Neutral; maintained Neutral rating on Wipro; raised target price for LTM Ltd. CLSA advocated selective approach to sector.
July 2026
2 eventsShow 1 earlier month
June 2026
3 events- Infosys and Tata Group are navigating a market correction in the broader IT sector while also completing the acquisition of Nagarro SE, a Germany-based company.
- Power Finance Corporation approved amalgamation with REC and announced plans to acquire Nagarro SE, alongside signing a land deal in Bengaluru.
- The Middle East conflict is negatively impacting the Indian IT sector, leading to slower client spending and revenue hits for companies like Infosys, Accenture, and Persistent Systems.