Posted: Sep 14 2011, 12:14 PM IST
Mumbai
Company  News
Persistent System in demand on developing KLISMA
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Persistent System is currently trading at Rs 304.80, up by 3.55 points or 1.18% from its previous closing of Rs 301.25 on the BSE.

The scrip opened at Rs 305.00 and has touched a high and low of Rs 305.00 and Rs 300.55 respectively. So far 1297 shares were traded on the counter.

The BSE group 'B' stock of face value Rs 10 has touched a 52 week high of Rs 467.15 on 04-Jan-2011 and a 52 week low of Rs 280.80 on 29-Aug-2011.

Last one week high and low of the scrip stood at Rs 315.00 and Rs 297.90 respectively. The current market cap of the company is Rs 1205.00 crore.

The promoters holding in the company stood at 38.89% while Institutions and Non-Institutions held 31.55% and 29.56% respectively.  

Persistent System, a leader in outsourced software product development services, has developed an innovative (experience) e-Commerce platform, called KLISMA that promises to deliver higher value and trusted experience to customers for their planned, normal and impulse purchase.

Offered as a cloud service, KLISMA offers a bouquet of services such as mobile shopping leveraging  the inbuilt camera, next generation BI and Analytics that enables retailers better predict consumer shopping behavior, virtual showrooms for retailers to display their products, and more. Further, KLISMA platform can also be used as customer management solutions by mall owners to deliver enhanced shopping experience to customers visiting their malls.

Since the pilot launch in Pune six months ago, over 20 national retailers, 200 local retailers and 100,000 consumers are now on the KLISMA platform, which has validated the technology and its value propositions. KLISMA has been  beta tested across 100,000 registered users across 45+ corporate including  Persistent System, BMC Software, Nvidia, Vinsys, KPIT, terradata, Rsystems Xpansion to name a few. KLISMA has its presence in Pune, Bangalore, Nagpur, Hyderabad and plans to enter other metro cities this year.

Financial Information  - Persistent Systems Ltd.
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