Mumbai, Feb. 18 -- The brokerage's optimistic outlook is fueled by projections of robust growth, positioning Persistent Systems as the fastest-growing company within its coverage. The firm forecasts a substantial 21% increase in revenue and a 29% compound annual growth rate (CAGR) in earnings over the fiscal years 2025-27.

The brokerage further emphasized the company's strong management, which has effectively navigated the current challenging macroeconomic environment. They highlighted the recent dip in the stock's value as a prime buying opportunity. Additionally, the broker predicts potential margin expansion through strategic reductions in subcontracting costs and improved operating leverage, solidifying Persistent Systems' standing a...