{"id":1017727,"date":"2026-06-30T08:59:17","date_gmt":"2026-06-30T03:29:17","guid":{"rendered":"https:\/\/telecomlive.in\/web\/?p=1017727"},"modified":"2026-06-30T09:17:49","modified_gmt":"2026-06-30T03:47:49","slug":"persistent-systems-shares-tumble-11-as-nagarro-acquisition-sparks-growth-and-integration-concerns","status":"publish","type":"post","link":"https:\/\/telecomlive.in\/web\/2026\/06\/30\/persistent-systems-shares-tumble-11-as-nagarro-acquisition-sparks-growth-and-integration-concerns\/","title":{"rendered":"Persistent Systems shares tumble 11% as Nagarro acquisition sparks growth and integration concerns"},"content":{"rendered":"<p>Persistent Systems shares fell 11% on Monday, touching a two-year low after the company announced its $1.3 billion acquisition of Germany-based IT services firm Nagarro over the weekend. <\/p>\n<p>The stock closed 11.3% lower at Rs 4,292, its lowest level since June 2024. <\/p>\n<p>The deal is the biggest acquisition by Persistent since its listing in 2010. The company expects the acquisition to make it India&#8217;s seventh-largest IT services company, with combined annual revenue of about $2.9 billion.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Persistent Systems shares fell 11% on Monday, touching a two-year low after the company announced its $1.3 billion acquisition of Germany-based IT services firm Nagarro over the weekend. The stock closed 11.3% lower at Rs 4,292, its lowest level since June 2024. The deal is the biggest acquisition by Persistent since its listing in 2010. The company expects the acquisition to make it India&#8217;s seventh-largest IT services company, with combined annual revenue of about $2.9 billion.<\/p>\n","protected":false},"author":8,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":""},"categories":[75,4,17],"tags":[],"class_list":["post-1017727","post","type-post","status-publish","format-standard","hentry","category-it-2-the-new-indian-express","category-newspapers","category-the-new-indian-express"],"acf":[],"_links":{"self":[{"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/posts\/1017727","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/users\/8"}],"replies":[{"embeddable":true,"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/comments?post=1017727"}],"version-history":[{"count":1,"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/posts\/1017727\/revisions"}],"predecessor-version":[{"id":1017753,"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/posts\/1017727\/revisions\/1017753"}],"wp:attachment":[{"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/media?parent=1017727"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/categories?post=1017727"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/tags?post=1017727"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}