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Motilal Oswal Financial Services recommends buying Persistent Systems with a target of Rs 7,600, citing a projected 19% USD revenue CAGR over FY24-27E and superior earnings growth. The company, operating in the IT Software sector, reported Rs 3,104.92 crore income for Q3 2024 and net profit of Rs 372.99 crore. Promoters hold 30.66% stake.
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