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.
Nagarro shares surged 90% due to a takeover bid from Persistent Systems. Concerns remain about Nagarro's slower growth, reporting a 5% revenue CAGR over three years. This significantly lags Persistent's 15-18% dollar revenue growth, pointing to potential deal execution risks.
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.