Persistent Systems Limited
Motilal Oswal Mutual Fund decreased its stake in Persistent Systems from 3.86% to 3.59% by selling 429,333 shares. This move follows Persistent Systems' announcement of its acquisition of Nagarro.
A software engineering and strategy services provider that helps companies implement and modernize their business operations across industries. Persistent Systems develops proprietary software frameworks with pre-built integration and acceleration capabilities to streamline digital transformation. The company maintains strategic partnerships with leading cloud and enterprise solution providers including Salesforce and AWS, delivering comprehensive end-to-end technology solutions.
AMC arm of Motilal Oswal Financial Services, founded on the belief in long-term buy-and-hold quality investing. Manages over Rs 1.5 lakh crore. Famous for the QGLP (Quality, Growth, Longevity, Price) investment framework and concentrated portfolios with very low churn. Flagship Motilal Oswal Midcap and Motilal Oswal Flexi Cap funds reflect deep conviction positioning with 15-25 stock portfolios.