Persistent Systems rises on partnering with Kong
Persistent Systems is currently trading at Rs. 5033.35, up by 62.15 points or 1.25% from its previous closing of Rs. 4971.20 on the BSE.
The scrip opened at Rs. 4985.75 and has touched a high and low of Rs. 5075.95 and Rs. 4973.90 respectively. So far 21943 shares were traded on the counter.
The BSE group 'A' stock of face value Rs. 5 has touched a 52 week high of Rs. 6597.00 on 23-Dec-2025 and a 52 week low of Rs. 4450.00 on 02-Mar-2026.
Last one week high and low of the scrip stood at Rs. 5189.25 and Rs. 4,576.75 respectively. The current market cap of the company is Rs. 79430.28 crore.
The promoters holding in the company stood at 30.29%, while Institutions and Non-Institutions held 52.60% and 17.11% respectively.
Persistent Systems and Kong, a leading developer of API and AI connectivity, have entered into a strategic partnership to help enterprises implement the control layer required to scale AI securely and reliably. The company is uniquely positioned as Kong’s global systems integration partner, combining its engineering-led approach with Kong’s unified API and AI connectivity platform to simplify integration, strengthen governance and accelerate enterprise AI adoption.
This partnership addresses that gap by enabling enterprises to implement Kong’s governed, scalable connectivity layer across APIs, data and AI services. Together, Persistent Systems and Kong will enable organizations to modernize legacy API environments, strengthen governance and reduce operational costs, while supporting high-performance workloads seamlessly across hybrid and multi-cloud environments.
The collaboration also enables enterprises to operationalize GenAI and agentic workflows, including Model Context Protocol-based architectures, with built-in security, observability and policy-driven control. This includes policy-driven safeguards such as Personally Identifiable Information (PII) protection, centralized access management and end-to-end observability, ensuring enterprise-grade security and compliance across API and AI interactions.
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