Persistent Systems share price crashes 9% to hit a 52-week low; is it a stock to buy?

Persistent Systems’ share price crashed as much as 9% to hit a 52-week low of 4,404 in morning trade on Monday, 29 June, amid widespread selling in the IT sector. Persistent Systems shares opened at 4,500 against their previous close of 4,840.45 and plunged 9% to their one-year low of 4,404. The BSE Information Technology index declined 1%.

(This is a developing story. Please check back for fresh updates.)

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