Persistent Systems shares fall 4% after quarterly profit declines
Persistent Systems' consolidated Q2 net profit fell year over year to Rs 351.5 crore. Its shares declined 4%.
Stock-specific action remained in focus on Dalal Street on October 16, with investors reacting to corporate developments and quarterly earnings.Persistent Systems share price fell 4 percent after the company reported a 25.4 percent year-on-year decline in consolidated Q2 net profit to Rs 351.5 cror…