Persistent Systems Executes ₹443.71 Crore Block Trade on NSE
Persistent Systems Ltd. completed a major NSE block trade worth ₹443.71 crores, involving approximately 741,742 shares at ₹5,982.00 per share. This substantial institutional transaction reflects significant market activity and demonstrates considerable investor interest in the IT services company's shares.

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Persistent Systems Ltd. executed a substantial block trade on the National Stock Exchange (NSE), marking a significant transaction in the IT services sector. The large-scale trade demonstrates considerable institutional interest in the company's shares.
Transaction Details
The block trade encompassed key parameters that highlight the scale of this market activity:
| Parameter: | Details |
|---|---|
| Total Value: | ₹443.71 crores |
| Number of Shares: | ~741,742 shares |
| Price per Share: | ₹5,982.00 |
| Exchange: | NSE |
Market Significance
Block trades represent pre-negotiated transactions between institutional investors, typically executed outside the regular market hours or through special trading windows. These transactions often involve large volumes and are conducted at predetermined prices, minimizing market impact while facilitating significant ownership transfers.
The execution price of ₹5,982.00 per share for this transaction indicates the valuation at which institutional participants were willing to transact in Persistent Systems shares. Such substantial block trades often reflect strategic portfolio adjustments by institutional investors, including mutual funds, insurance companies, or foreign institutional investors.
Transaction Impact
The magnitude of this block trade, involving over 741,742 shares worth ₹443.71 crores, represents a noteworthy development in Persistent Systems' trading activity. Block trades of this scale typically indicate confidence from institutional investors and can influence the stock's liquidity and price discovery mechanism in subsequent trading sessions.
Historical Stock Returns for Persistent Systems
| 1 Day | 5 Days | 1 Month | 6 Months | 1 Year | 5 Years |
|---|---|---|---|---|---|
| -4.75% | -8.92% | -15.04% | +5.43% | -6.46% | +519.00% |


































