Persistent Systems Shares Fall Over 3% After Board Approves Rs 11,809 Crore Fundraise
IndiaWhat to know
- The shares lowest intraday level came in at Rs 5,501 apiece on the NSE, as against a 0.31% advance in the Nifty index on ThursdayS1
- Persistent Systems approved plans to raise up to $1.25 billion through debt and up to $450 million via equity-linked instruments, subject to approvals. The IT firm reported strong bookings and revenue growth in Q1, though profit declined due to forex losses. S...S2
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Persistent Systems Shares Fall Over 3% After Board Approves Rs 11,809 Crore Fundraise
The shares lowest intraday level came in at Rs 5,501 apiece on the NSE, as against a 0.31% advance in the Nifty index on Thursday
1mo
Economictimes
Persistent Systems shares fall over 3% as board gives nod for $1.25 billion fundraise. Check details
Persistent Systems approved plans to raise up to $1.25 billion through debt and up to $450 million via equity-linked instruments, subject to approvals. The IT firm reported strong…
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Published Sep 3, 2026
What to know
- The shares lowest intraday level came in at Rs 5,501 apiece on the NSE, as against a 0.31% advance in the Nifty index on ThursdayS1
- Persistent Systems approved plans to raise up to $1.25 billion through debt and up to $450 million via equity-linked instruments, subject to approvals. The IT firm reported strong bookings and revenue growth in Q1, though profit declined due to forex losses. S...S2
Timeline · newest first
1mo
Feedburner:ndtvprofit Latest
Persistent Systems Shares Fall Over 3% After Board Approves Rs 11,809 Crore Fundraise
Sources · 2 citations
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Feedburner:ndtvprofit Latest
1 report · EN
S2
EconomictimesLead
1 report · EN
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