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MINT - MARKETS · INDIAN ·

Persistent-Nagarro deal: High on diversification, low on margin comfort

As reported by mint - markets
Amid lingering risks of AI deflation and a weak demand scenario for IT companies, it would be challenging to give a push to Nagarro’s revenue growth profile.
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The Persistent-Nagarro deal, while offering diversification, faces concerns regarding margin comfort. Nagarro's revenue growth profile is challenged by lingering risks of AI deflation and a weak demand scenario in the IT sector. This situation makes it difficult to boost the…

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