The most overlooked stock "Persistent Systems", 6 Insights & Results to watch | Test My Stock
✅ Persistent Systems Q3 Earnings / Q3 Results
Profit (Cr.) - 237.9
Revenue (Cr.) - 2169.4
EBIT (Cr.) - 332.2
Margin (%) - 15.3%
✅ Result Insights
1. Persistent Systems declares interim #dividend of Rs 28/share
2. Slight beat on Net profits
✅ Few Insights about Persistent Systems
High Growth Stock
1. Heavily dependent on US with almost 80% sales from US
2. Overvalued with high PE ratio of 37 as compared to PE ratio of HCL 21
3. 5 Yr Market return of Persistent is 425% VS Nifty which gave return of 74%
4. One of the Highest 5 Yr CAGR returns of 15%
5. Persistent systems had made big acquisition which in turn is impacting it's ROE
6. It was among the early stock picks of Parag Parekh Mutual Funds
-------------------------------------------------------------------
sme.testmystock.com/home
❤️ If you find our content helpful, become our channel member to get access to our Exclusive Whatsapp Group, Weekly Webinars, Stock Value Bombs and more Freebies
-------------------------------------------------------------------
🌐 Visit us at
https://testmystock.com/
-------------------------------------------------------------------
🔔 Subscribe for more content on Stock Research
-------------------------------------------------------------------
#shorts
#stockmarket
#stocks
#sharemarket
#testmystock
#stocksmadeeasy
#stockmarkets
#bullandbear
#stockupdates
#rakeshjunjunwala
#pennystock
#stockmarketsimplified
#stockmarketcrash
#multibaggerstocks
#multibagger
#sharemarkets
#sharebazaar
#stockresearch
#stockmemes
#stockmarketinvestor
#persistentsystems
#persistent
#persistentsystemsresult2022
#persistentcampaign
#persistentsystemsQ3result