●Persistent Systems (PSYS) has made deep investments in the past 18 months, to build a robust cloud partner ecosystem with key cloud providers globally.
●Via a series of acquisitions worth $220m, PSYS has one of the most potent cloud capabilities now among mid-cap peers that would ensure that its go-to-market strategy revolving around cloud & product engineering is aligned with its customers’ transformation journey.
●The stock has ‘BUY’ rating with a TP of Rs.5020 (+11.82%)
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