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Persistent CEO backs protocols amid Nagarro stock rally scrutiny

BENGALURU: Responding to concerns over unusual trading activity in Munich-based IT firm Nagarro’s shares ahead of the deal announcement, Persistent Systems CEO Sandeep Kalra said the company followed “a very strict protocol” and tightly controlled access to the transaction.

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timesofindia.indiatimes.com

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timesofindia.indiatimes.comStai leggendo1 g fa

Persistent CEO backs protocols amid Nagarro stock rally scrutiny

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economictimes.indiatimes.com1 g fa

Rs 8,350 crore crash in Persistent shares explained: Why investors are worried about Nagarro deal

Persistent acquires Nagarro at €1.27B (140% premium); stock crashes 11% on valuation concerns and execution risks. Implication for IT leaders: AI-driven pricing pressure on service providers erodes M&A value — reconsider outsourcing strategy.

Timeline cronologica

lunedì 29 giugno 2026·economictimes.indiatimes.com
Persistent Systems shares slide 7% after Nagarro deal; Elara retains 'Sell' on growth, margin worries
Persistent Systems' shares dropped significantly following its announcement to acquire German digital engineering firm Nagarro for approximately EUR 1.27 billion. While this move…
lunedì 29 giugno 2026·thehindubusinessline.com
Persistent Systems shares fall after €1 billion Nagarro acquisition offer

Persistent CEO backs protocols amid Nagarro stock rally scrutiny

Rs 8,350 crore crash in Persistent shares explained: Why investors are worried about Nagarro deal

Timeline cronologica

Persistent Systems shares slide 7% after Nagarro deal; Elara retains 'Sell' on growth, margin worries

Persistent Systems shares fall after €1 billion Nagarro acquisition offer

Persistent CEO backs protocols amid Nagarro stock rally scrutiny

Rs 8,350 crore crash in Persistent shares explained: Why investors are worried about Nagarro deal

Timeline cronologica

Persistent Systems shares slide 7% after Nagarro deal; Elara retains 'Sell' on growth, margin worries

Persistent Systems shares fall after €1 billion Nagarro acquisition offer

Persistent Systems shares fall after €1 billion Nagarro acquisition offer

Rs 8,350 crore crash in Persistent shares explained: Why investors are worried about Nagarro deal

Persistent CEO backs protocols amid Nagarro stock rally scrutiny

Persistent Systems: Persistent CEO brushes off market rout, says Nagarro growth will reward investors - The Economic Times