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

Persistent Systems' shares came under pressure on Monday with investor concerns over the deal's size, execution risks and the uncertainty around integration. The shares ended 11.3% and 11.2% lower at ₹4,292 and ₹4,298 per share on the NSE and BSE, respectively.

Raccontata daeconomictimes.indiatimes.comthehindubusinessline.comtimesofindia.indiatimes.com

Confronto fonti

3 prospettive sulla stessa storia
AI · summaries
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.

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thehindubusinessline.com1 g fa

Persistent Systems shares fall after €1 billion Nagarro acquisition offer

Persistent Systems shares fell 7% after the IT firm offered €1 billion to acquire German digital engineering company Nagarro in a major deal.

Leggi questa versione →

Timeline cronologica

  1. lunedì 29 giugno 2026·economictimes.indiatimes.com

    Persistent's Nagarro deal could be a near-term pain for long-term gain

    Persistent Systems is acquiring Nagarro SE for $1.3 billion, aiming for European expansion and reduced US market reliance. While strategically beneficial long-term, the deal,…

  2. lunedì 29 giugno 2026·economictimes.indiatimes.com

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

originale
timesofindia.indiatimes.com1 g fa

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…

Leggi questa versione → originale

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 Systems shares fell 7% after the IT firm offered €1 billion to acquire German digital engineering company Nagarro in a major deal.

  • lunedì 29 giugno 2026·economictimes.indiatimes.com

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

    Persistent Systems' shares plunged nearly 11% following its announcement to acquire Germany-based Nagarro for €1.27 billion. While the deal aims to boost European presence and…

  • lunedì 29 giugno 2026·timesofindia.indiatimes.com

    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…

  • martedì 30 giugno 2026·economictimes.indiatimes.com

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

    Persistent Systems' shares came under pressure on Monday with investor concerns over the deal's size, execution risks and the uncertainty around integration. The shares ended…