Persistent secures Nagarro control as Nagarro stock gains 1.55 percent

Published on 10/01/2026 at 12:09 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWS

Persistent Systems holds 83.25 percent after buying 61.15 percent. Nagarro stock costs EUR 80.10 on October 1, 2026 after EUR 78.88, plus 1.55 percent.

Fotorealistisches Großraumbüro mit Entwicklern an Monitoren bei Abendlicht in moderner IT-Firma — Fotorealistische Bürowelt zeigt Softwareentwicklung bei Nagarro SE, ISIN DE000A3H2200, moderne IT-Dienstleistungsbranche in Europa, Illustration mit AI erstellt.

Nagarro stock (ISIN DE000A3H2200) was trading at EUR 80.10 at Lang & Schwarz on October 1, 2026 at 12:02 p.m. CEST, up 1.55 percent from the EUR 78.88 prior close. The key corporate event is Persistent Systems' takeover: its arm acquired an additional 61.15 percent of Nagarro and lifted its holding to 83.25 percent, according to NDTV Profit on September 23, 2026.

Takeover moves toward delisting

The additional acceptance period runs from September 23 through October 6, 2026. Persistent Systems is offering EUR 81.00 per share, and the company intends to delist Nagarro from the Frankfurt Stock Exchange, according to the same NDTV Profit report.

The offer price is EUR 0.90 above the Lang & Schwarz reference price. That 1.13 percent gap is small enough to keep the acceptance timetable and delisting mechanics central to the share story rather than normal operating growth alone.

H1 revenue reaches EUR 501 million

Nagarro's first-half 2026 revenue reached EUR 501.0 million, up 4.2 percent year over year in constant currency and 0.3 percent in euro terms, according to Quartr in its September 14, 2026 summary of the company's second-quarter results. Second-quarter revenue was EUR 252.0 million, with constant-currency growth of 2.0 percent.

Profitability provides the stronger operating counterpoint. Adjusted EBITDA reached EUR 69.1 million in the first half of 2026, equal to an adjusted EBITDA margin of 15.0 percent, while net profit increased by EUR 10.2 million to EUR 29.8 million, according to Quartr.

EUR 81 offer sets the reference

The takeover creates a defined reference point for the market. Nagarro's current EUR 80.10 price is EUR 0.90 below the EUR 81.00 offer, while the operating figures show modest constant-currency revenue growth alongside a 15.0 percent adjusted EBITDA margin.

Nagarro is listed on the Frankfurt Stock Exchange's Prime Standard and is included in the SDAX under ticker NA9, according to its Nagarro investor-relations page. The company describes itself as an AI-native digital engineering and transformation provider with 18,700 employees across 39 countries.

Stock price and offer gap

Nagarro stock was trading at EUR 80.10 at Lang & Schwarz on October 1, 2026 at 12:02 p.m. CEST, plus 1.55 percent versus the Lang & Schwarz prior close of EUR 78.88 on September 30, 2026. The further course of trading is shown by the continuously updated real-time quote of Nagarro stock.