Markets · 1 sources covering this

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 revenue, brokerages expressed caution over pricey valuations and execution risks.

Share:WhatsApp X Reddit Facebook LinkedIn

Coverage spectrum

0 L · 0 C · 1 R

How 1 sources are covering this

Economic TimesLean R·2h ago
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 revenue, brokerages expressed caution over pricey valuations and execution risks.
Read at Economic Times →

Embed this bias spectrum on your site

Paste this iframe wherever you'd like the widget to appear. Resizes responsively; no JS required.

<iframe
  src="https://hindustansphere.com/embed/cluster/a6aacf3d9681d7078f916e6d7fc2ce95bc304210"
  width="100%" height="320"
  style="border:0;max-width:680px"
  loading="lazy"
  title="Rs 8,350 crore crash in Persistent shares explained: Why investors are worried about Nagarro deal"></iframe>

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

How 1 sources are covering this

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

More from Markets

Stock market today: Sensex falls 400 points, Nifty 50 ends below 23,950; Reliance, Kotak Mahindra Bank among top drags

Small-cap stock under ₹50 jumps after announcement of amalgamation move

Blue Star MD flags 2% margin drop this summer but bets big on data centres for long-term growth

Hexaware Technologies stock gains 9% after expanding AI partnership with Anthropic

Reader

Trust & legal

Across the network