Persistent Systems’ acquisition of Nagarro triggered an 11% stock drop, with investors worried about integration and margins. However, market expert Piyush Pandey believes this is an overreaction. The deal offers significant long-term strategic benefits, including expanded vertical access and a stronger European presence, positioning Persistent for larger global deals. While short-term challenges exist, margin recovery and future growth are seen as achievable.
Saksoft shares rally 50% in one week. Here’s what technical charts indicate
Saksoft shares experienced a significant surge, climbing over 14% on Tuesday and an impressive 50% in a single week. This rally follows a decisive technical
June 30, 2026