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Persistent Systems to acquire Nagarro for €1.1 billion

after close1 source ↓written by the desknot a recommendation

approximately
€1.1 billion
approximately
₹11,820 crore
cash offer
€81 per share
globally
18,500 people
in revenue
€1 billion

Persistent Systems has announced a public takeover offer for Nagarro SE, valued at €1.1 billion (approximately ₹11,820 crore), with a cash offer of €81 per share. This acquisition aims to enhance Persistent's presence in North America and Europe, creating a robust AI-driven digital engineering powerhouse.

Nagarro, employing around 18,500 people globally, reported €1 billion in revenue for 2025. This strategic move is expected to significantly expand Persistent's global footprint in the digital engineering sector.

Not investment advice. For informational purposes only.

OI Charts is not a SEBI-registered investment adviser or research analyst. This bulletin was written by the OI Charts desk from the public sources listed here. It is commentary on market conditions, not a basis for any investment decision and not a recommendation to buy or sell any security. Prices as of 28 Jun 2026, 16:02 IST.

Sourcesnews.google.com

Read inENहिंతెमराதગુ

The market after the news

PERSISTENT closed −11.2% on the day of the news, from ₹4,841.50 to ₹4,298.50; Nifty −0.5% over the same session; futures OI +44.5%.

Bulletin at 16:02 IST on 28 Jun 2026. Every change is measured from ₹4,841.50, the last close before it, on 25 Jun. Nifty 50 is measured over the same sessions.

  • PERSISTENT close ₹
  • Nifty 50, rebased to the close before the news
  • close before the news
  • above it
  • below it
  • futures OI, lots
PERSISTENT closes around the bulletin against the close before the news, with Nifty 50 rebased to it429948415384axis spans 25%before the news · 25 Jun4842Nifty 50PERSISTENTbulletinD0+1+3+519 Jun2 Jul13 JulFutures open interest, lotspeak 51,000Reference close ₹4,841.50. 16 sessions from 19 Jun to 13 Jul; the price axis spans 25 percent.
price axis fixed at 4 × the 14-session true range around the close before the news · values printed at each marked session
Closes after the news against the close before it, with Nifty 50 over the same span
SessionClose ₹Change %Nifty %
Before25 Jun₹4,841.50basebase
On the day29 Jun₹4,298.50▼ −11.2%▼ −0.5%−10.8 pp difference
+1 session30 Jun₹4,326.50▼ −10.6%▼ −0.8%−9.8 pp difference
+3 sessions2 Jul₹4,580.60▼ −5.4%▲ +0.5%−5.9 pp difference
+5 sessions6 Jul₹4,715.80▼ −2.6%▲ +1.6%−4.2 pp difference
Gap at the open, % · ₹
▼ −7.0%−341.33 on 29 Jun
Day's range, % · ₹
5.1%≈ 250 high to low
Volume on the day
9.52×the 20-session average
Futures OI on the day
▲ +44.5%+16,000 lots · short build-up · price −11.2%
Futures OI open, lots
51,00029 Jun · 30 Jun expiry
Futures premium, ₹
+25.50+0.6% to spot
Puts per call, by OI
0.51from 0.61 the session before
Max pain
4,500from 5,000 the session before

Source NSE UDiFF bhavcopy · PERSISTENT on the desk →

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