Persistent surges on launching Generative AI Solutions in Partnership with Google Cloud
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Persistent Systems is currently trading at Rs. 4740.05, up by 42.75 points or 0.91% from its previous closing of Rs. 4697.30 on the BSE.
The scrip opened at Rs. 4700.40 and has touched a high and low of Rs. 4758.70 and Rs. 4691.60 respectively. So far 9733 shares were traded on the counter.
The BSE group 'A' stock of face value Rs. 10 has touched a 52 week high of Rs. 5278.50 on 02-Jun-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. 4816.00 and Rs. 4645.00 respectively. The current market cap of the company is Rs. 36385.53 crore.
The promoters holding in the company stood at 31.06%, while Institutions and Non-Institutions held 48.54% and 20.40% respectively.
Persistent Systems has further strengthened its partnership with Google Cloud, launching a suite of Google Cloudpowered Generative AI solutions. These offerings will equip clients throughout their AI journeys, from AI explorers to Generative AI disruptors, to understand how to successfully identify and implement these advanced technologies to their businesses at scale.
Persistent has developed a six-week Generative AI deployment acceleration engagement program in collaboration with Google Cloud. It utilizes Persistent’s differentiated IP, accelerators, and frameworks along with Google Cloud’s advanced Vertex AI platform to help clients strategize desired outcomes, discover relevant use cases, build a highly customized Generative AI roadmap, and implement Generative AI technologies.
Persistent Systems is a global company specializing in software product and technology services.
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