Persistent Systems Ltd. - Mix-Bag Performance; Superior Execution
The broader economic environment continues to remain challenging, with clients keeping tight control over discretionary budgets.
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HSIE Results Daily: HCL Technologies, Persistent Systems, Tata Elxsi, PNB Housing Finance
HCL Technologies: HCL Tech Q4 results were lower vs expectation with soft growth across services (-0.1% QoQ CC), ER&D (-1.3% QoQ CC) and Software (...
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IT Sector (Q4FY26E Results Preview): Navigating Uncertainty, Valuations Turn Attractive
Launch of new models from Gen-AI platforms like Claude and Palantir fuelled a ~24% correction over the past three months on fears of disrupting...
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HSIE Results Daily: Persistent Systems, AU Small Finance Bank, Oberoi Realty, CreditAccess Grameen
Persistent Systems (PSYS) delivered a strong Q3FY26, beating expectations with +4.1% QoQ CC revenue growth and a +40bps QoQ adjusted margin...
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HSIE Results Daily: Persistent Systems, AU Small Finance Bank, Oberoi Realty...
The order book remained healthy with a new TTM TCV of USD 369mn (+11% YoY) and new ACV of USD 256mn (+31% YoY), supporting a continued growth momentum
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