PERSISTENT - IntraDay Trade Analysis with Live Signals
Back to ListIntraDay Trade Rating: 3.4
| Stock Code | PERSISTENT | Market Cap | 74,134 Cr. | Current Price | 4,700 ₹ | High / Low | 6,599 ₹ |
| Stock P/E | 47.1 | Book Value | 420 ₹ | Dividend Yield | 0.74 % | ROCE | 28.4 % |
| ROE | 20.9 % | Face Value | 5.00 ₹ | DMA 50 | 5,344 ₹ | DMA 200 | 5,633 ₹ |
| Chg in FII Hold | 1.55 % | Chg in DII Hold | -0.80 % | PAT Qtr | 452 Cr. | PAT Prev Qtr | 459 Cr. |
| RSI | 35.8 | MACD | -267 | Volume | 7,98,072 | Avg Vol 1Wk | 6,02,694 |
| Low price | 4,149 ₹ | High price | 6,599 ₹ | PEG Ratio | 2.42 | Debt to equity | 0.05 |
| 52w Index | 22.5 % | Qtr Profit Var | 38.7 % | EPS | 96.4 ₹ | Industry PE | 20.9 |
⚡ Analysis: PERSISTENT has strong fundamentals with ROCE (28.4%) and ROE (20.9%), supported by EPS (96.4 ₹) and a reasonable dividend yield (0.74%). Valuation is stretched with a P/E of 47.1 compared to industry PE of 20.9, and PEG ratio (2.42) suggests overvaluation. Quarterly PAT declined slightly (452 Cr. vs 459 Cr.), showing mild earnings pressure. Intraday momentum is weak: RSI (35.8) indicates oversold territory and MACD (-267) is bearish. Current price (4,700 ₹) is below both 50 DMA (5,344 ₹) and 200 DMA (5,633 ₹), reflecting technical weakness. Volume today is higher than average, offering liquidity for intraday trades.
💹 Optimal Buy Price: 4,680 ₹ – 4,700 ₹ (near support zone)
🎯 Profit-Taking Levels: 4,760 ₹ – 4,820 ₹ (short-term resistance)
🛡️ Stop-Loss: 4,640 ₹ (below intraday support)
📈 If Already Holding: Exit intraday if price fails to sustain above 4,720 ₹ or if MACD continues weakening. Book profits near 4,780 ₹ – 4,820 ₹ or cut losses if price slips under 4,650 ₹.
Positive
- 📊 Strong ROCE (28.4%) and ROE (20.9%) indicate efficiency.
- 📈 EPS (96.4 ₹) supports valuation strength.
- 💡 Dividend yield (0.74%) adds investor appeal.
- ✅ FII holdings increased (+1.55%), showing foreign confidence.
Limitation
- ⚠️ RSI (35.8) and MACD (-267) show weak momentum.
- 📉 Price below both 50 DMA and 200 DMA, reflecting technical weakness.
- ⏳ Valuation stretched with P/E (47.1) vs industry PE (20.9).
Company Negative News
- ❌ Quarterly PAT declined slightly from 459 Cr. to 452 Cr.
- 📉 DII holdings decreased (-0.80%), showing reduced domestic confidence.
Company Positive News
- ✅ EPS remains strong despite mild profit decline.
- 💡 FII stake increased (+1.55%), showing foreign confidence.
Industry
- 🏭 Industry PE is 20.9, while PERSISTENT trades at 47.1, showing premium valuation.
- 📊 IT/software services sector sentiment remains stable, supporting long-term outlook.
Conclusion
⚖️ PERSISTENT is a moderate intraday candidate with strong fundamentals and liquidity. However, stretched valuation, weak momentum indicators, and price below key DMAs limit upside potential. Suitable for disciplined intraday trades with strict stop-loss and profit booking near resistance levels.
Would you like me to extend this into a peer benchmarking overlay comparing PERSISTENT with other IT service peers (like Infosys, TCS, Coforge, or LTIMindtree) to highlight whether intraday opportunities are stronger elsewhere in the sector?