Persistent Systems rises 7% on CLSA Q2 upbeat rating
Shares of a leading IT services firm, Persistent Systems, jumped 7.4% on CLSA Q2 after reporting strong Q2FY26 results. Revenue rose 24% YoY and 7.4% QoQ, while net profit grew 45% YoY and 11% QoQ. Strong margins and operational efficiency exceeded brokerage estimates, reflecting robust business performance and sustained growth momentum.