Dolat Capital noted that while the acquisition strengthens Persistent's positioning as a global digital engineering and AI-led services player, the premium pricing raises concerns around value creation.
Persistent Systems' acquisition of Nagarro is seen to strengthen its position as a global digital engineering and AI-led services player. However, Dolat Capital maintains a bearish stance on the stock. The brokerage firm highlights concerns regarding the premium pricing of the…
Market Samachar is a news aggregator. This article was originally published by NDTV Profit - Latest. Tap the button above to read the full story on their site.