PERSISTENT - IntraDay Trade Analysis with Live Signals
Back to ListIntraDay Trade Rating: 4.0
| Stock Code | PERSISTENT | Market Cap | 99,049 Cr. | Current Price | 6,277 ₹ | High / Low | 6,599 ₹ |
| Stock P/E | 63.0 | Book Value | 420 ₹ | Dividend Yield | 0.56 % | ROCE | 28.4 % |
| ROE | 20.9 % | Face Value | 5.00 ₹ | DMA 50 | 6,204 ₹ | DMA 200 | 5,826 ₹ |
| Chg in FII Hold | 1.55 % | Chg in DII Hold | -0.80 % | PAT Qtr | 452 Cr. | PAT Prev Qtr | 459 Cr. |
| RSI | 51.9 | MACD | -45.2 | Volume | 3,67,228 | Avg Vol 1Wk | 3,95,713 |
| Low price | 4,149 ₹ | High price | 6,599 ₹ | PEG Ratio | 3.23 | Debt to equity | 0.05 |
| 52w Index | 86.8 % | Qtr Profit Var | 38.7 % | EPS | 96.4 ₹ | Industry PE | 25.1 |
📊 Analysis: PERSISTENT is trading at ₹6,277, slightly above its 50 DMA (₹6,204) and well above its 200 DMA (₹5,826), showing medium-term strength. RSI at 51.9 is neutral, while MACD (-45.2) reflects short-term bearish undertone. Volume is slightly below the weekly average, suggesting moderate intraday participation. Strong fundamentals and sector positioning make it a good candidate for intraday trading with disciplined entries and exits.
💡 Optimal Buy Price: ₹6,250–6,270 (near support zone, risk-managed entry).
🎯 Profit-Taking Levels: ₹6,320–6,350 (first resistance), ₹6,400 (secondary resistance if momentum sustains).
🛡️ Stop-Loss / Loss Protection: ₹6,200 (below intraday support).
⏱️ If Already Holding: Exit near ₹6,320–6,350 if momentum stalls. If price sustains above ₹6,350 with strong volume, hold for ₹6,400+. Exit immediately if price breaks below ₹6,200 with heavy selling pressure.
Positive
- Strong ROCE (28.4%) and ROE (20.9%) indicate efficient capital use.
- EPS at ₹96.4 reflects robust earnings strength.
- Quarterly profit variation at +38.7% shows strong operational growth.
- FII holding increased (+1.55%), reflecting foreign investor confidence.
- Trading above both 50 DMA and 200 DMA confirms medium-term bullish trend.
Limitation
- High P/E of 63.0 compared to industry average of 25.1 suggests overvaluation.
- MACD negative (-45.2), showing short-term bearish undertone.
- DII holding decreased (-0.80%), showing reduced domestic institutional support.
- PEG ratio at 3.23 indicates expensive growth valuation.
Company Negative News
- Quarterly PAT declined slightly to ₹452 Cr. vs ₹459 Cr. previously.
- DII holding decreased (-0.80%), reflecting reduced domestic institutional confidence.
Company Positive News
- Quarterly profit growth (+38.7%) highlights strong operational performance.
- FII holding increased (+1.55%), showing foreign investor support.
- Dividend yield of 0.56% adds shareholder value.
Industry
- Industry PE at 25.1, much lower than PERSISTENT’s valuation, suggesting premium pricing.
- IT services sector remains growth-oriented, supported by digital transformation and global demand.
Conclusion
⚖️ PERSISTENT presents a solid intraday opportunity with strong fundamentals and medium-term bullish positioning, though short-term technicals show caution. Entry near ₹6,250–6,270 with exit around ₹6,320–6,350 is advisable. If momentum sustains, ₹6,400 is achievable. Strict stop-loss at ₹6,200 ensures risk management. Suitable for disciplined intraday traders.