Persistent gains on launching dedicated Microsoft Viva Practice Integrated with Generative AI
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Persistent Systems is currently trading at Rs. 4307.70, up by 23.00 points or 0.54% from its previous closing of Rs. 4284.70 on the BSE.
The scrip opened at Rs. 4276.05 and has touched a high and low of Rs. 4317.55 and Rs. 4226.55 respectively. So far 6994 shares were traded on the counter.
The BSE group 'A' stock of face value Rs. 10 has touched a 52 week high of Rs. 5131.15 on 21-Feb-2023 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. 4389.00 and Rs. 3959.25 respectively. The current market cap of the company is Rs. 33000.83 crore.
The promoters holding in the company stood at 31.26%, while Institutions and Non-Institutions held 46.70% and 22.04% respectively.
Persistent Systems has launched a dedicated employee experience practice, based on the powerful Microsoft Viva platform and Generative AI. As part of its continued 360-degree partnership with Microsoft, Persistent is expanding its existing Azure Center of Excellence with Generative AIbased Modern Workplace solutions that promise to create a unified employee experience while improving the overall workplace.
The move follows the successful implementation of Viva within Persistent along with a Generative AI-powered chatbot on Microsoft Teams, which has been helping digitize employee onboarding, training, and ongoing engagement, leading to increased productivity and lower attrition rates.
Persistent Systems is a global company specializing in software product and technology services.
