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NDTV PROFIT - LATEST · INDIAN ·

Nagarro Shares Jump 92% In Xetra Pre-Market After Persistent's Takeover Bid; Deal Risks Remain In Focus

As reported by NDTV Profit - Latest
According to NDTV Profit Research, one of the biggest concerns is Nagarro's slower growth profile. The company has delivered a three-year revenue CAGR of around 5%, compared with Persistent's 15-18% dollar revenue growth.
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Nagarro shares surged 92% in Xetra pre-market following Persistent Systems' takeover bid. However, significant deal risks remain a concern, primarily due to Nagarro's considerably slower growth profile. The company has a three-year revenue CAGR of just 5%, a sharp contrast to…

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