{"id":312970,"date":"2026-10-16T10:42:20","date_gmt":"2026-10-16T05:12:20","guid":{"rendered":"https:\/\/univest.in\/blogs-2\/?p=312970"},"modified":"2026-10-16T10:42:20","modified_gmt":"2026-10-16T05:12:20","slug":"persistent-systems-share-price-tumbles-5-percent-after-q2-results-2026-what-should-investors-do-check-target-price-rating","status":"publish","type":"post","link":"https:\/\/univest.in\/blogs-2\/persistent-systems-share-price-tumbles-5-percent-after-q2-results-2026-what-should-investors-do-check-target-price-rating\/","title":{"rendered":"Persistent Systems Share Price Tumbles 5% After Q2 Results 2026 | What Should Investors Do? Check Target Price, Rating"},"content":{"rendered":"

Persistent Systems share price opened at Rs 5,600 on 16 Oct 2026 against a previous close of Rs 5,840 and touched a low of Rs 5,492, about 6% below the close (my calculation). Q2 FY27 profit fell 25.4% to Rs 351.51 crore on Rs 185.34 crore of Nagarro costs, while operating profit rose 5% to Rs 495.2 crore. I could not find post-result target prices, and the June targets I found are out of date.<\/em><\/p>\n

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Quick Answer<\/strong><\/p>\n

The Persistent Systems share price opened at Rs 5,600 on 16 October 2026, down from Rs 5,840, and touched an intraday low of Rs 5,492 after Q2 FY27 results. Reported profit fell 25.4% to Rs 351.51 crore because of Rs 185.34 crore of acquisition costs for Nagarro, while operating profit rose 5% to Rs 495.2 crore and revenue rose 30.3% to Rs 4,663.9 crore. My calculation suggests the EBIT margin slipped by about one point from the previous quarter, and the reports I read do not state why the stock fell. I could not find a post-result target price or rating, so investors should wait for fresh brokerage notes and treat the fall as driven by margins, the Nagarro cost and valuation.<\/p>\n<\/p><\/div>\n

Persistent Systems is a mid-cap IT services firm, and the Persistent Systems share price reflects growth that has been faster than most large peers, and its Q2 FY27 revenue jumped 30.3% from a year earlier. The stock had closed at Rs 5,840 on 15 October, down 0.98% on the day of the results.<\/p>\n

This guide covers the Q2 numbers, the Nagarro deal, what the Persistent Systems share price move may reflect, the brokerage data I could and could not verify, and the risks. It is educational and not a recommendation.<\/p>\n

Click Here – Get Free Investment Predictions<\/a><\/strong><\/p>\n

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