Persistent Share Price Target (2023, 2024, 2025, 2026, 2027, 2028, 2029, 2030), Persistent Share Financial Trends, Fundamentals, Businesses and more
If you are looking for the detailed analysis of Persistent share, then you are at the right place.
In this blog of ours, we mainly talk about the analysis of shares and try to predict the share price. Whatever share price target will be predicted, it will be done keeping in mind the fundamentals, technical and future plans of the company. And all these matrcs keep on changing from time to time, so before investing, do your own research once.
Hey friends, in this blog is going to be very interesting because it was your instruction that we brought the detailed analysis of Persistent. Basically it is a technology service sector company and has captured a huge market. So, at first we will talk about the Persistent Share and after that we will try to predict share price target of Persistent Ltd.
The maximum share price target of Persistent for the year 2023, 2024, 2025 and 2030 will be ₹4000, ₹4350, ₹4800 and ₹9400 respectively. This is all the predicted price, Persistent share price target can be more or less than what has been told. For more information read this article fully.
Persistent Limited is one of the technology service sector company in India which was established in 16 May 1990. This company is headquartered in Pune, Maharashtra, India. The MD and Chairman of Persistent Company is Dr. Anand Deshpande and Sandeep Kalra who is the CEO of this company. These were some details about the company which you needed to know, now let’s know about its stock.
It is a large cap stock with a market cap of more than 20,000 crores. Persistent stock has given a return of 1750% to its investors from 2010 to 2022. But from 2021 to 2022, it has given a return of -21%. Persistent Limited Company provides a range of services, including digital strategy and design, client experiences (CX) transformation, software product engineering, intelligent automation, cloud & infrastructure, enterprise information technology (IT) security and data and analytics.
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Persistent Financial Trends
If we talk about the Revenue and Profit of Persistent Company then –
Its revenue in 2019 has been ₹ 3,366 Cr and profit is ₹ 352 Cr. There was a revenue of ₹ 3,566 Cr in 2020 and a profit of ₹ 340 Cr. In the same 2021, there was a profit of ₹ 451 crore with a revenue of ₹ 4188 Cr. And this year i.e. in 2022 there has been a higest profit of ₹ 690 Cr with a revenue of ₹ 5,711 Cr.
Persistent Share Price Target 2023, 2024, 2025, 2030 Table
|Year||Persistent Share Price Target|
|2023||₹3,900 – ₹4,000|
|2024||₹4,200 – ₹4,350|
|2025||₹4,600 – ₹4,800|
|2026||₹5,300 – ₹5,500|
|2027||₹6320 – ₹6,450|
|2028||₹6,800 – ₹7,000|
|2029||₹7,500 – ₹7,900|
|2030||₹8900 – ₹9,400|
Persistent Share Price Target 2023
Persistent company engaged in three sectors which are 1. BFSI, 2. Health care, 3. Emerging Ventical Segment. This company has partnered with big companies like Cell Phones, Red Hat, Microsoft, Google, AWS, IBM, Snowflake to strengthen its digital technology. Persistent is striving hard to strengthen its advanced digital technology and provide quality customer service. Coming to the point, Persistent Share Price Target 2023 can be INR 3,900 – INR 4,000. This company can give even more returns because its business model is very strong.
Persistent Share Price Target 2024
The Persistent Company is currently doing business in 17 countries including Germany, Japan, Australia, Canada and North America.30.7% of the company’s revenue comes from the BBSI segment and in addition 49.8% of the revenue comes from the Emergency vertical segment. About 80% of the company’s total revenue comes from North America, while 10% of the revenues come from European countries, which is pretty good. Talking about the first and second Persistent Share Price Target 2024 can be INR 4,200 and INR 4,350 respectively.
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Persistent Share Price Target 2025
The fundamentals of the Persistent are not right. And as of now the P/E Ratio is (36.3) of Persistent but is profit is decreasing, so this is not considered good. And ROE (21.5%) is also very low which is considered not good for any stocks. If we talk about Persistent book value, then it is now 461 and now this share price is trading around Rs 3,800. That is, this stock is currently trading higer than its book value, which is not good. Taking this into account, if we try to predict the Persistent Share Price Target 2025, then first target can be INR 4,600 and second target will be INR 4,800.
Persistent Share Price Target 2030
The company management is investing a lot of money on its research and development R&D. So the company and its stock have done well so far. If we talk about long-term growth, then the financial sound debt of the company matters a lot.
Persistent Limited’s financials are very good. It is making profit every year and its revenue and net worth are growing very fast. And if we look at the debt of the persistent company, it is very less here. Its debt to equity is 0.21 which is decent and this company has a debt of 752 crores. Taking this into account, Persistent Share Price Target 2030 can be INR 8,900 and second target can be INR 9,400.
That’s it in today’s article, we have tried our best to tell you about Persistent stock very well. So friends, if you are investing in stocks only after seeing the share price target, then do not do this. Because there are many reasons behind the rise and fall of the Stock price.
I hope you got to learn a lot from this Persistent Share Price Target 2023, 2024, 2025, 2030 article. And you will be able to decide by yourself whether you have to invest in this stock or not. If you have any queries, please ask in the comment box we will try to solve your issue by providing a better solution.
Is Persistent a debt free company?
No, Persistent is not a debt free company. Currently this company has a debt of ₹752 crore and its debt to equity ratio is 0.21.
Who is the CEO of Persistent Limited?
Sandeep Kalra is the CEO of Persistent.
Who is the Chairman of Persistent Limited?
Dr. Anand Deshpande is the chairman of Persistent.
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