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By Malvika Gurung
Investing.com — Shares of the Indian tech providers firm Persistent Techniques (NS:) climbed 3.8% to Rs 4,674.95 apiece at 10:40 am on Friday, hitting a recent 52-week excessive.
The inventory surged within the early session after the corporate made a press launch on Dec 16, stating that it had been chosen by the Germany-based software program supplier ATOSS Software program AG (F:) to rework its buyer relationship administration with the assistance of Salesforce integrations.
ATOSS is a Munich-based digital firm that gives workforce administration, unfold worldwide.
In response to the corporate, the German software program supplier will make use of the Salesforce platform for automating gross sales, integrating it with current back-end techniques and introducing customer support and occasion administration.
In the meantime, Persistent Techniques will implement Gross sales Cloud for changing and redefining the current gross sales and repair processes present process at ATOSS.
The Pune-based IT main’s inventory has rallied about 619% over the previous 5 years with its reasonably excessive P/E ratio of 58.67.
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