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Persistent's shares drop after Nagarro acquisition — India Verified

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Persistent's shares drop after Nagarro acquisition

Business29 Jun 2026, 01:49 pmQuick read

Persistent's shares drop after Nagarro acquisition

Credibility score80 / 100

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2sources verified

Persistent Systems' shares fell 11% after acquiring Nagarro. The deal is worth €1.27 billion. Analysts express caution over growth outlook.

AI Credibility Analysis

The score falls in the 70-89 band as it is based on 2 named sources, including Mint Business and Economic Times Markets, providing factual information with minor gaps.

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Mint
The Economic Times

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Persistent's shares drop after Nagarro acquisition

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