22 Sep 2025 | 5 Mins Read
IT firm Persistent Systems sees Trump's visa order as no major disruption
Flipitmoney
President Donald Trump's executive order restricting non-immigrant workers has impacted the US IT sector. Infosys and Wipro's US-listed shares fell 4%. Persistent Systems, which gets 39% of revenue from the US, doesn't expect a material impact, but faces margin and hiring pressure. Its shares are down 15% in 2025, ending at ₹5,512 on Friday with 21 'Buy' ratings and 14 'Sell' ratings.