Economic TimesLean R·
Persistent's Nagarro deal faces near-term doubts, but long-term story stays strong: Piyush Pandey
Persistent Systems' acquisition of Nagarro triggered an 11% stock drop, with investors worried about integration and margins. However, market expert Piyush Pandey believes this is an overreaction. The deal offers significant long-term strategic benefits, including expanded vertical access and a stronger European presence, positioning Persistent for larger global deals. While short-term challenges exist, margin recovery and future growth are seen as achievable.
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