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Persistent Systems stock crashes 10%, top midcap loser today; brokerages find Nagarro acquisition expensive
Persistent Systems shares crashed on June 29 after the IT services company announced its planned acquisition of Germany's Nagarro SE, with brokerages divided over the deal despite its strategic rationale and expected earnings accretion.
Buzzing Stocks: Dr Reddy's up 3% despite USFDA observations; Persistent slips 8% on Nagarro acquisition
Power Finance Corporation (PFC) declined about 2 percent after its board approved the scheme of amalgamation of REC with PFC, subject to regulatory and shareholder approvals.
Buy Persistent Systems; target of Rs 6200: Motilal Oswal
Motilal Oswal is bullish on Persistent Systems recommended buy rating on the stock with a target price of Rs 6200 in its research report dated Jun 28, 2026.
Buy Persistent Systems; target of Rs 6461: Anand Rathi
Anand Rathi is bullish on Persistent Systems has recommended buy rating on the stock with a target price of Rs 6461 in its research report dated April 22, 2026.
Persistent Systems: A steady compounder at a steep valuation
Strong Q4 execution, healthy FY27 visibility, and AI-led differentiation keep the company on a solid growth path
Stocks to Watch Today: Kotak Bank, Torrent Power, Persistent, Aurobindo Pharma, Dr Reddys Labs, KEC International, Turtlemint, Transrail, Airtel in focus on 29 June
Stocks to Watch, 29 Jun: Stocks like Kotak Mahindra Bank, Torrent Power, Persistent Systems, Aurobindo Pharma, Indoco Remedies, BEML, Lupin, Dr Reddys Laboratories, Jubilant Pharmova, Zydus Lifesciences, Hexaware Technologies, KEC International, Bharti Airtel, and Vodafone Idea will be in focus on June 29.