{"id":1031661,"date":"2026-08-28T07:59:59","date_gmt":"2026-08-28T02:29:59","guid":{"rendered":"https:\/\/telecomlive.in\/web\/?p=1031661"},"modified":"2026-08-28T08:05:25","modified_gmt":"2026-08-28T02:35:25","slug":"persistent-systems-strong-deal-wins-boost-outlook-acquisition-costs-pose-risk","status":"publish","type":"post","link":"https:\/\/telecomlive.in\/web\/2026\/08\/28\/persistent-systems-strong-deal-wins-boost-outlook-acquisition-costs-pose-risk\/","title":{"rendered":"Persistent Systems\u2019 strong deal wins boost outlook, acquisition costs pose risk"},"content":{"rendered":"<p>ET Intelligence Group: The stock of Persistent Systems has gained 31% from the 52-week low at the end of June after the mid-tier IT exporter announced the $1.4 billion acquisition of Germany based Nagarro. The BSE Infotech index has gained 10% during the period. The rebound in Persistent&#8217;s stock can be attributed to Persistent&#8217;s sustained focus on AI-driven client engagements and a better than expected June quarter result. Apart from a strong sequential revenue growth, the company booked a multi-year, mega deal worth $650 million from a US client, which improves revenue visibility.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>ET Intelligence Group: The stock of Persistent Systems has gained 31% from the 52-week low at the end of June after the mid-tier IT exporter announced the $1.4 billion acquisition of Germany based Nagarro. The BSE Infotech index has gained 10% during the period. The rebound in Persistent&#8217;s stock can be attributed to Persistent&#8217;s sustained focus on AI-driven client engagements and a better than expected June quarter result. Apart from a strong sequential revenue growth, the company booked a multi-year, mega deal worth $650 million from a US client, which improves revenue visibility.<\/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":[59,4,10],"tags":[],"class_list":["post-1031661","post","type-post","status-publish","format-standard","hentry","category-it-2-the-economic-times","category-newspapers","category-the-economic-times"],"acf":[],"_links":{"self":[{"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/posts\/1031661","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=1031661"}],"version-history":[{"count":1,"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/posts\/1031661\/revisions"}],"predecessor-version":[{"id":1031698,"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/posts\/1031661\/revisions\/1031698"}],"wp:attachment":[{"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/media?parent=1031661"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/categories?post=1031661"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/tags?post=1031661"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}