Latest Persistent Systems News & Updates

See the latest news and media coverage for Persistent. We track all announcements, press releases, and industry mentions in real time, all in one place.

Persistent Systems (Persistent)

Digital engineering and enterprise modernization services firm

persistent.com

Headquarters: Pune, India
Company type: Public company
Number of employees: 25,000+
Industry: IT Services & Consulting

Last updated Today

Latest news about Persistent Systems (Persistent)

In short: Persistent reported 16.1% revenue growth in Q1 FY27, secured approval for the Nagarro acquisition, and announced a $1.25 billion fundraise.

Company announcements

August 12 Persistent

Persistent discusses FINRA Rule 4210's new intraday margin standards

It replaces the $25,000 PDT threshold with real-time intraday margin monitoring, pushing broker-dealers toward cloud, data, and AI modernization.

August 4 Persistent

Persistent shareholders approved the Nagarro acquisition offer at AGM

The offer document awaits Bafin approval before publication; the takeover would create an AI-led digital engineering powerhouse with global scale.

August 2 Persistent

Persistent achieves $452.4M revenue in Q1 FY27

Reports 32.7% YoY EBIT growth and record TCV of $1.15B, plus Nagarro acquisition agreement.

July 22 Persistent

Persistent releases its ESG Report FY 2025-26

The report details the company's sustainability, workforce investment, and community engagement efforts.

Media coverage

August 31 The Economic Times

non-convertible debentures: Persistent Systems shares fall over 3% as board gives nod for $1.25 billion fundraise. Check details - The Economic Times

Shares of Persistent Systems declined over 3% to their day's low of Rs 5,500 on the BSE on Thursday after the company announced its board...

August 27 The Economic Times

Persistent Systems’ strong deal wins boost outlook, acquisition costs pose risk - The Economic Times

Following a major acquisition announcement, Persistent Systems stock has seen a remarkable rebound. In its latest June quarter results, the company reported robust revenue growth...

August 21 MSN

MCX, Persistent Systems, Supreme Industries: Top stocks to trade — check target prices & stop loss

An analyst from Master Capital Services said that MCX has strengthened its short term technical setup after delivering a ...

August 19 NewsBytes

CLSA downgrades TCS, Infosys, Tech Mahindra, praises Coforge, Persistent Systems

CLSA has downgraded major Indian IT firms, citing AI-driven deflation and macroeconomic challenges, while favoring mid-tier companies better positioned for industry shifts.

Never miss news about Persistent

Track Persistent and your other target companies to get real-time alerts and weekly summaries delivered straight to your inbox.

Persistent competitors & trending companies

Browse news for competitors to Persistent and other trending companies.