Persistent Systems share price crashes over 9% after Q1 results; is it a stock to buy?

Persistent Systems' share price fell over 9% on July 24 after reporting Q1 results. Shares dropped from ₹5605.35 to an intraday low of ₹5,084.15 despite a 38.7% YoY increase in profit and a 21.8% YoY revenue rise.

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