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Research Report Detail
|Report Date||Call||Price@Call||Target Price
|Current Status||Time Horizon|
|Target Hit|| Long (1Y)
Motilal Oswal recommends buy on Persistent Systems
Persistent Systems investments in Digital, and the accompanying onsite centricity has taken its toll on margins - down from 26% (FY13) to 16% (FY17), says the brokerage. Aspiration levels remain much higher, and, over the long term, repeat sales of pre-built solutions remains the main lever to margin expansion, it adds.