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HomeSHARE MARKETFace Value Will Reduce From Rs 10 To Rs 5; Record Date;...

Face Value Will Reduce From Rs 10 To Rs 5; Record Date; ₹32 Dividend Given

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Persistent Systems Ltd (NSE: PERSISTENT): This week the shares of Persistent Systems Ltd will have to be kept an eye on in the stock market.

The company’s shares will trade as ex-split stock this week. Talking about the performance of the company, it has been quite excellent during the last year. 

When Is The Record Date?

The company has announced in its information to exchanges of stock that a share that has a face value of 10 rupees will be split into two parts.

The date of record for this split stock is set at April 28. After the split, the number of shares owned by Persistent Systems Ltd will reduce from Rs 10 to 5 per share.

The Company Has Also Given Bonus Shares

As of 2015, it presented the bonus shares to investors. Then, a one-share bonus was offered by the company for each share.

Talking about dividends, the company has now given dividends to investors 32 times. Persistent Systems Ltd last traded ex-dividend on the stock market on January 30, 2024. Then eligible investors were given a dividend of Rs 32 per share.

Company’s Performance In The Stock Markets Is Excellent

On the Last trading day, the price of the company’s shares had closed at the level of Rs 7966.65 after a fall of 2.90 percent in BSE. The cost of shares in the company has risen by 77 percent over the past year.

At the same time, during the last 6 months, the company has given a return of 36.3 percent to positional investors.

Persistent Systems Ltd’s 52-week high is Rs 8,979.85 and the 52-week low is Rs 3959.25 per share. The market capitalization for the firm is 61,363.12 crore.

About Persistent Systems Ltd Company 

Persistent Systems Ltd is an Indian-based business. It offers strategic and engineering software to assist businesses in implementing and modernizing their operations. 

The company offers engineering services, cloud-based platform solutions, and Internet Protocol-based products. 

It offers frameworks and software with pre-built connectivity and speed. It has partnerships with various providers like Salesforce or AWS.

Fundamental Analysis of Persistent Systems Ltd

Market Cap₹ 61,400 Cr.
Current Price₹ 7,971
52-wk High₹ 8,980
52-wk Low₹ 3,959
Stock P/E59.6
Book Value₹ 574
Dividend0.50 %
ROCE30.3 %
ROE25.3 %
Face Value₹ 10.0
P/B Value13.9
OPM17.3 %
EPS₹ 134
Debt₹ 555 Cr.
Debt to Equity0.13

Persistent Systems Ltd Shareholding Pattern

Promoters Holding
Dec 202231.26%
Mar 202331.26%
June  202331.06%
Sept  202331.06%
Dec  202331.06%
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FII Holding
Dec 202220.29%
Mar 202320.55%
June 202320.50%
Sept 202321.34%
Dec 202324.55%
DII Holding
Dec 202226.40%
Mar 202327.60%
June 202328.04%
Sept 202328.67%
Dec 202326.13%
Public Holding
Dec 202219.76%
Mar 202318.52%
June 202317.99%
Sept 202316.96%
Dec 202316.91%
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Others Holding
Dec 20222.27%
Mar 20232.07%
June 20232.41%
Sept 20231.97%
Dec 20231.34%

Persistent Systems Ltd Share: Last 5 Years’ Financial Condition

To better understand how the market is performing, let’s look at the outlook of this share in the previous years. 

However, investors should be aware of the risks and the market conditions before making any investment decision.

Last 5 Years’ Sales:

2019₹ 3,366 Cr
2020₹ 3,566 Cr
2021₹ 4,188 Cr
2022₹ 5,711 Cr
2023₹ 9,486 Cr

Last 5 Years’ Net Profit:

2019₹ 352 Cr
2020₹ 340 Cr
2021₹ 451 Cr
2022₹ 690 Cr
2023₹ 1,030 Cr
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Last 5 Years’ Debt-To-Equity Ratio:

20190
20200
20210
20220.13
20230.11

Last 10 Years’ Profit Growth:

10 Years:17%
5 Years:25%
3 Years:41%
Current Year:15%

Last 10 years’ Return on Equity (ROE):

10 Years:19%
5 Years:19%
3 Years:22%
Last Year:25%

Sales Growth Over 10 Years:

10 Years:20%
5 Years:22%
3 Years:33%
Current Year:23%

Conclusion

This article is a complete guide about Persistent Systems Ltd Share. This information and forecasts are based on our research, company fundamentals, history, experiences, and technical analyses. 

Also, We have discussed the share’s prospects and growth potential in detail.

This information will help you in your further investment. 

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