Persistent Systems is trading 4% down at INR 5,293.40 as market concerns persist regarding the valuation and integration risks of its ~$1.1 billion Nagarro SE acquisition.
- The decline follows a strong multi-day rally, with sentiment weighed down by broker commentary highlighting the expensive nature of the deal.
- Shares previously slumped 8–10% upon the initial announcement, reflecting ongoing investor caution over the financial impact of the transaction.