Persistent Systems stock slides 3% after Q2 profit slump, margin miss; brokerages divided on outlook
Persistent Systems shares fell sharply after its Q2 profit declined 27 percent sequentially and operating margins missed estimates. CLSA and JPMorgan retained bullish ratings, while Nuvama flagged valuation concerns and risks from the Nagarro acquisition.
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Story file
- Section
- Business
- Topics
- Stock market
- First reported by
- Moneycontrol
- Reporter
- shaleen agrawal
- Published
- Friday, 16 October 2026, 1:29 pm IST
- Coverage
- One outlet so far
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