Persistent Systems Limited
Aditya Birla Sun Life Mutual Fund increased its stake in Persistent Systems from 1.72% to 1.83%, buying 174,103 shares. The shares are worth ₹90.26 Cr at a price of ₹5183.90 apiece.
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.
Joint venture between Aditya Birla Capital and Sun Life Financial of Canada. Among India's top five AMCs with over Rs 6.5 lakh crore in AUM across 100+ schemes. MD and CEO A. Balasubramanian is one of the most outspoken fund industry voices in India. CIO Mahesh Patil oversees the equity book with a consistent large and multicap tilt.