Persistent Systems shares fell 10% after announcing the Nagarro acquisition. Here's why analysts remain divided, the key risks, strategic benefits and the latest brokerage target prices.

Persistent Systems plans to acquire Nagarro for ₹11,820 crore, creating a major global AI-led digital engineering company.

The proposed acquisition supports Persistent’s strategy to build its digital engineering and AI transformation capabilities in the European market.

Persistent Systems shares crashed on June 29 after the IT services company announced its planned acquisition of Germany's Nagarro SE, with brokerages divided over the deal despite its strategic ...

Motilal Oswal is bullish on Persistent Systems recommended buy rating on the stock with a target price of Rs 6200 in its ...

Upon completion, the combined entity is expected to have an annual revenue run-rate of approximately $2.9 billion, a workforce of more than 46,000 employees and operations spanning over 40 countries.

Fresh after the acquisition of Nagarro, CEO and Executive Director of Persistent Systems, Sandeep Kalra, talks about how the ...

Indian IT firm Persistent Systems is making a significant move by launching a takeover bid for German digital engineering company Nagarro SE. This potential acquisition, valued at approximately 140% ...

Persistent Systems shares fell nearly 11 percent after announcing the acquisition of Germany-based Nagarro. While the deal strengthens its global AI-led engineering business, investors reacted ...

As per Sebi's T+1 settlement cycle, investors must purchase shares at least one trading day before the record date so that ...

After market hours on Wednesday, July 23, Persistent Systems said its Q1 consolidated profit after tax (PAT) rose 38.7 per cent year-on-year (YoY) and 7.4 per cent quarter-on-quarter (QoQ) to ₹424.94 ...

Persistent Systems' shares dropped 11.22% following its €1.27 billion acquisition of Munich-based Nagarro, aiming to expand ...