16-Oct-2026 08:18:28
PERSISTENTAcquisition and merger
Nomura on Persistent ; Neutral, TP Rs 5600
2QFY27 — revenue in line but significant margin miss Deal wins soft following an exceptional 1Q Margins likely to be hit in FY27F by large deal execution Naggaro acquisition expected to close in next 1-2 quarters, according to management Lower FY27F EPS by 22%, raise FY28F EPS by 3% Stock trades at 30x FY28F EPS
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