PERSISTENT - Swing Trade Analysis with AI Signals
Back to ListSwing 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 |
📊 PERSISTENT shows strong fundamentals with mild technical weakness, making it a good candidate for swing trading. The stock is currently at ₹6,277, slightly above its 50 DMA (₹6,204) and well above its 200 DMA (₹5,826), reflecting long-term bullish strength. RSI at 51.9 is neutral, while MACD at -45.2 indicates short-term bearishness. With robust ROCE (28.4%), ROE (20.9%), and EPS (₹96.4), fundamentals remain solid. Optimal entry would be in the ₹6,150–₹6,250 range. If already holding, exit near ₹6,550–₹6,600, close to the recent high resistance.
✅ Positive
- Strong ROCE (28.4%) and ROE (20.9%) highlight operational efficiency.
- EPS of ₹96.4 supports valuation strength.
- FII holdings increased (+1.55%), showing foreign investor confidence.
- Debt-to-equity ratio at 0.05 indicates negligible leverage risk.
- Quarterly profit growth (+38.7%) adds momentum to fundamentals.
⚠️ Limitation
- High P/E of 63 compared to industry PE of 25.1 suggests overvaluation.
- PEG ratio of 3.23 indicates expensive valuation relative to growth.
- MACD negative (-45.2), confirming short-term bearish momentum.
- DII holdings decreased (-0.80%), showing reduced domestic institutional support.
📉 Company Negative News
- Quarterly PAT slightly declined (₹459 Cr. to ₹452 Cr.).
- MACD bearish, suggesting near-term weakness.
- DII outflows (-0.80%) reflect reduced domestic confidence.
📈 Company Positive News
- Strong quarterly profit growth (+38.7%) year-on-year.
- FII inflows (+1.55%) show foreign investor confidence.
- EPS and ROCE/ROE remain robust, supporting long-term strength.
🏭 Industry
- Industry PE at 25.1 is much lower than PERSISTENT’s 63, highlighting overvaluation.
- IT services sector remains strong, supported by digital transformation and global outsourcing demand.
🔎 Conclusion
PERSISTENT is a strong swing candidate with excellent fundamentals but short-term technical weakness and valuation concerns. Entry near ₹6,150–₹6,250 offers margin of safety. Exit around ₹6,550–₹6,600 is advisable if already holding, as resistance is expected near recent highs. Risk management is essential due to high P/E and bearish MACD signals.