External broker reports(aggregated public sources), HDFC Securities

HDFC Securities

External broker reports(aggregated public sources)

Equity Bottom-Up

<p>HSIE Results Daily Reliance Industries, ICICI Bank, ITC, Ambuja Cement, Mphasis, Persistent System, Indiamart, Federal Bank, Heidelbergcement India Reliance Industries: Our ADD rating on RIL with a price target of INR 2,280 /sh is premised on (1) recovery in the O2C businesses; (2) continued EBITDA growth in the digital business, driven by improvement in ARPU, subscriber addition, and new revenue streams; and (3) potential for further value unlocking in the digital and retail businesses. ICICI Bank ICICI Banks (ICICIBC) improving all-round performance over the past couple of years has been interrupted by the impact of the second wave in terms of asset quality during Q1FY22, a trend witnessed by all lenders.</p>
<div class="content-highlight"><em>Content is external broker report sourced from online content aggregator through publicly available sources and is displayed below for general informational purposes only. Refer full disclaimer below.</em></div>

HSIE Results Daily Reliance Industries, ICICI Bank, ITC, Ambuja Cement, Mphasis, Persistent System, Indiamart, Federal Bank, Heidelbergcement India Reliance Industries: Our ADD rating on RIL with a price target of INR 2,280 /sh is premised on (1) recovery in the O2C businesses; (2) continued EBITDA growth in the digital business, driven by improvement in ARPU, subscriber addition, and new revenue streams; and (3) potential for further value unlocking in the digital and retail businesses. ICICI Bank ICICI Banks (ICICIBC) improving all-round performance over the past couple of years has been interrupted by the impact of the second wave in terms of asset quality during Q1FY22, a trend witnessed by all lenders.
Content is external broker report sourced from online content aggregator through publicly available sources and is displayed below for general informational purposes only. Refer full disclaimer below.

HSIE Results Daily Reliance Industries, ICICI Bank, ITC, Ambuja Cement, Mphasis, Persistent System,

External broker reports(aggregated public sources), ICICI Securities Ltd

ICICI Securities Limited

<p>About the stock: Persistent System (Persistent) offers cloud, data, product &amp; design led services to BFSI, healthcare &amp; hi tech verticals.</p><ul><li>Persistent has shown a healthy turnaround in dollar revenue growth of 13% YoY in FY21 and margin expansion of 248 bps</li><li>Net debt free and healthy double digit return ratio (with RoCE of 20%)</li></ul><div class="content-highlight"><em>Content is external broker report sourced from online content aggregator through publicly available sources and is displayed below for general informational purposes only. Refer full disclaimer below.</em></div>

About the stock: Persistent System (Persistent) offers cloud, data, product &amp; design led services to BFSI, healthcare &amp; hi tech verticals.Persistent has shown a healthy turnaround in dollar revenue growth of 13% YoY in FY21 and margin expansion of 248 bpsNet debt free and healthy double digit return ratio (with RoCE of 20%)Content is external broker report sourced from online content aggregator through publicly available sources and is displayed below for general informational purposes only. Refer full disclaimer below.

Persistent Systems: Services Revenues Continue Their Strong Performance

India

Persistent Systems Limited offers outsourced software product development. The Company offer services that include testing, support, and professional services.

Price Gauge
52-week Range	0.00 - 0.00
Market Cap (USDm)	0.00
P/E	0.00
Dividend (Yield)	0.00

Persistent Systems (PSYS IN)

HSIE Results Daily Reliance Industries, ICICI Bank, ITC, Ambuja Cement, Mphasis, Persistent System,

HSIE Results Daily Reliance Industries, ICICI Bank, ITC, Ambuja Cement, Mphasis, Persistent System, Indiamart, Federal Bank, Heidelbergcement India...

HDFC Securities

Persistent Systems: Services Revenues Continue Their Strong Performance

Persistent System (Persistent) offers cloud, data, product & design led services to BFSI, healthcare & hi tech verticals.

ICICI Securities Limited

Price Gauge

52-week Range

Market Cap (USDm)

P/E

Dividend (Yield)