Rs 8,350 crore crash in Persistent shares explained: Why investors are worried about Nagarro deal
- Posted on June 29, 2026
- By Business News Today
- 0 Views
- 1 min read
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.
