Persistent Systems rises on launching innovative cyber recovery solution with Google Cloud
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Persistent Systems is currently trading at Rs. 3684.05, up by 63.10 points or 1.74% from its previous closing of Rs. 3620.95 on the BSE.
The scrip opened at Rs. 3631.35 and has touched a high and low of Rs. 3723.80 and Rs. 3631.35 respectively. So far 5534 shares were traded on the counter.
The BSE group 'A' stock of face value Rs. 10 has touched a 52 week high of Rs. 4986.85 on 03-Jan-2022 and a 52 week low of Rs. 3091.65 on 26-Sep-2022.
Last one week high and low of the scrip stood at Rs. 3864.70 and Rs. 3611.05 respectively. The current market cap of the company is Rs. 28132.42 crore.
The promoters holding in the company stood at 31.26%, while Institutions and Non-Institutions held 46.39% and 22.34% respectively.
Persistent Systems has launched a trailblazing solution that enables organizations to recover more quickly from cyber-attacks. Together with Google Cloud, the Persistent Intelligent Cyber Recovery (PiCR) solution provides a comprehensive and scalable cyber recovery approach, allowing organizations to reduce data loss and minimize the negative impact to brand reputation from prolonged downtime. PiCR is now available on the Google Cloud Marketplace.
PiCR offers the various benefits like Reduction in data loss, Decreased risk of recurrent attacks through the removal of malware, Faster recovery from ransomware and zero-day attacks (from weeks/months to hours/days), Potential cyber insurance cost reduction and Scalable solution depending on enterprise size challenges.
Persistent Systems is a global company specializing in software product and technology services.
