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Persistent Systems - Worries On Margins To Recede: Motilal Oswal

The brokerage estimates an 18% USD revenue compound annual growth rate for the company over FY24-FY27, which, combined with margin expansion, could result in a ~21%+ earnings per share CAGR.

<div class="paragraphs"><p>An illuminated keyboard. (Source: Johnpet/ pexels)</p></div>
An illuminated keyboard. (Source: Johnpet/ pexels)
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