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.

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,…

Persistent Systems' shares dropped significantly following its announcement to acquire German digital engineering firm Nagarro for approximately EUR 1.27 billion. While this move…

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