Maintain REDUCE on Persistent (PSYS) on in-line rev performance, even as dichotomy continued between TSU business and a shrinking Alliance unit. Despi..
Surprise on growth and margin; Cautiously optimistic outlook!
Steady progress on turnaround; Reiterate BUY
* Despite the disruption due to COVID-19, Persistent&rsq..
An underappreciated digital story
Persistent Systems (PSYS) reported strong execution in Q4FY20 where Technology Services Unit (TSU), which comprises 74% of revenues, ..
Tech services biz keeps the promise
* Persistent’s revenue performance was weak in the Mar’20 quarter, owing to the continuous challenges in the Alliance s..
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