Persistent Q2 PAT may dip 2.8% QoQ to Rs. 80.2 cr: Prabhudas Lilladher Net Sales are expected to increase by 5.6 percent Q-o-Q (up 5.2 percent Y-o-Y) to Rs. 878.6 crore, according to Prabhudas Lilladher.
Q2FY20 preview: Modest numbers expected from IT sector; TCS, Infosys may report steady growth Brokerages feel the IT sector's performance will be modest, however, TCS, HCL Technologies and Infosys are expected to report steady growth.
Wipro, HCL Tech pull IT stocks in red but CLSA remains bullish — here's why The S&P BSE IT was also trading in the red dragged by L&T Infotech which shed 2 percent followed by NIIT Tech, Persistent Systems, Midntree and L&T Tech.
Hold Persistent Systems; target of Rs 520: Prabhudas Lilladher Prabhudas Lilladher recommended Hold rating on Persistent Systems with a target price of Rs 520 in its research report dated July 28, 2019.
Persistent Q1 net profit declines 5.6% to Rs 82.4 crore Its revenue from operations declined marginally to Rs 832.1 crore in the June 2019 quarter as compared with Rs 834.2 crore in the April-June 2018 period, it added.