Information Technology Services
Persistent Systems Limited Successfully Completes Takeover Offer for Nagarro
Persistent Systems Limited secures 83.25% of Nagarro shares, exceeding minimum threshold; additional acceptance period starts September 23.
Persistent Systems Limited (PERSISTENT) has successfully completed its voluntary public takeover offer for Nagarro SE (Nagarro), securing 83.25% of Nagarro’s outstanding share capital. The acceptance period expired on September 17, 2026, with 7,568,145 Nagarro shares tendered into the offer, representing approximately 61.15% of Nagarro’s total share capital and voting rights.
Successful Offer Completion
An additional acceptance period will run from September 23, 2026, to October 6, 2026, allowing remaining Nagarro shareholders to tender their shares for EUR 81.00 per share in cash. Persistent already holds approximately 22.10% of Nagarro shares from a share purchase agreement with Lantano Beteiligungen GmbH. The minimum acceptance threshold of 50% plus one share has been exceeded, confirming the strategic logic behind combining Persistent and Nagarro.
Forward-Looking Steps
Sandeep Kalra, Chief Executive Officer and Executive Director of Persistent Systems Limited, stated, “We have offered Nagarro shareholders an attractive opportunity to realize full and immediate value. The success of the offer confirms its appeal and the strategic logic behind combining Persistent and Nagarro. We now look forward to completing the remaining steps toward closing, so we may start building the global AI-led digital engineering leader we envisioned together.” Persistent intends to pursue a delisting of Nagarro shares from the Frankfurt Stock Exchange as soon as practicable and legally feasible, with the transaction expected to close by the end of Q1 CY27.
As a result of the delisting, Nagarro shares may face reduced liquidity. Persistent expects the transaction to close by the end of Q1 CY27, subject to only a limited number of outstanding regulatory approvals. For more details, visit www.galaxy-offer.com.
Source: NSE Corporate Announcement
Fundamental & Technical Analysis of Persistent Systems Limited
Persistent Systems Limited belongs to the Technology › Information Technology Services sector. Here’s a quick read on where the business and the stock stand today.
Persistent posts a 8.9% three-month gain, but softens in the last few weeks. Revenue grows at 20.9% and profits at 26.5% CAGR. Both numbers are exceptional. Not a single revenue dip or loss quarter in five years — this is a business built to last through cycles. The stock gives back 3.7% in the last month despite a positive three-month run. As a result, the earlier momentum appears to be fading. Revenue grows at 20.9% and profits at 26.5%. The business is in good shape. Moreover, a stock that does not move despite strong fundamentals often offers better value than one already priced for perfection. Check Fundamentals of Persistent Systems Limited.
Information Technology Services
Mphasis Limited Hosts Global Quantum Computing Challenge with Copa Airlines to Accelerate Innovation
Mphasis Limited (MPHASIS) partners with Copa Airlines to host a global quantum computing challenge to accelerate innovation in airline operations.
Mphasis Limited (NSE: MPHASIS), a global AI-led technology solutions provider, in partnership with Copa Airlines, recently hosted a Quantum Computing Challenge, an international innovation contest. The challenge brought together teams from various Indian Institutes of Technology (IITs) in India and universities in Canada to solve a real-world airline optimization problem using next-generation quantum computing.
Objective and Scope
The challenge focused on disruption management by addressing the passenger re-accommodation problem, a critical airline process involving reassignment of passengers to alternate flights during schedule disruptions due to demand shift, seasonal routes, or cancellations. Traditionally solved through well-established mathematical optimization techniques on high-performance classical computing systems, the problem was reimagined and resolved in this challenge using quantum computing with the focus on improving the speed and accuracy at scale.
Competition Details
The competition was conducted in two phases. Phase 1 included 22 IIT teams evaluated jointly by Mphasis experts and IIT-Madras faculty, from which six teams were selected. In Phase 2, these six teams competed with three teams from the University of Calgary and the University of Lethbridge using real Copa Airlines data and quantum infrastructure provided by Classiq, Multiverse computing, and qBraid.
Participants developed end-to-end solution pipelines, including identification of impacted flight segments and passengers, passenger scoring and prioritization based on Customer Value Management (CVM) data, ranking of alternate flight options, and optimal reassignment of passengers using quantum and classical optimization techniques. Mphasis, with IIT-Madras and Quantum City, shortlisted three solutions for presentation to Copa Airlines leadership.
The winning teams will receive a cash prize and a joint certificate from Copa Airlines and Mphasis. This initiative reflects Mphasis’ commitment to applied innovation and advancements in quantum technologies, showcasing how quantum optimization can improve efficiency and decision-making in airline operations.
Source: NSE Corporate Announcement
Fundamental & Technical Analysis of MphasiS Limited
MphasiS Limited belongs to the Technology › Information Technology Services sector. Here’s a quick read on where the business and the stock stand today.
MphasiS posts a 2.8% three-month gain, but softens in the last few weeks. The PEG stands at 5.25 — severely stretched. Any earnings miss could trigger a sharp de-rating. Revenue grows at 4.8% CAGR. The company generates cash but does not compound aggressively. The stock gives back 8.1% in the last month despite a positive three-month run. As a result, the earlier momentum appears to be fading. Revenue grows at 4.8% and the stock moves sideways over three months. Neither side makes a strong case. The next earnings print will likely break this stock out of its current range. Check Fundamentals of MphasiS Limited.
Information Technology Services
Ltm Limited (LTM) Teams Up with Shekhar Kapur to Innovate Ai-powered Storytelling
LTM Limited (LTM) partners with renowned filmmaker Shekhar Kapur to reimagine AI-powered storytelling, enhancing creative capabilities at scale.
LTM Limited (LTM) has announced a strategic collaboration with acclaimed filmmaker and storyteller, Shekhar Kapur. Kapur will act as a Strategic Advisor to the LTM BlueVerseTM Craft business unit, which helps enterprises build AI-powered creative capabilities at scale. Kapur’s role will focus on shaping the vision for AI-enabled creativity, exploring how emerging technologies can amplify human imagination and transform content creation at enterprise scale.
A Pioneer in Global Cinema
Shekhar Kapur, a BAFTA winner, Academy Award nominee, and recipient of the Padma Shri and Padma Bhushan, brings decades of experience at the forefront of global cinema and storytelling. His counsel will help LTM BlueVerse Craft advance its ambition of reimagining how enterprises create, scale, and personalize content in the age of AI.
Transforming Content Creation
The collaboration comes at a time when brands face unprecedented demand for content across formats, channels, and markets. AI is reshaping the economics, speed, and scale of content production, enabling enterprises to create, adapt, and personalize content more effectively than ever before. ‘Storytelling has always evolved with technology. From the camera to digital filmmaking, each technological leap has expanded the canvas of human imagination. AI represents perhaps the most profound shift yet. The opportunity is not to replace creativity, but to give creators new ways to imagine, experiment and tell stories,’ said Shekhar Kapur.
‘Shekhar Kapur’s association with LTM reflects a shared belief in the opportunities emerging at the intersection of AI in the Media and Entertainment sector. His creative perspective will help advance Craft’s ambition of reimagining how enterprises create, scale and personalize content in the age of AI,’ said Dr. Sujay Sen, EVP & Chief Creative Officer, LTM.
This strategic partnership aims to leverage Kapur’s expertise to push the boundaries of AI-powered storytelling, ensuring that LTM remains at the forefront of innovation in the technology services industry.
Source: NSE Corporate Announcement
Fundamental & Technical Analysis of LTM Limited
LTM Limited belongs to the Technology › Information Technology Services sector. Here’s a quick read on where the business and the stock stand today.
LTM posts a 11.6% three-month gain, but softens in the last few weeks. The PEG stands at 5.48 — severely stretched. Any earnings miss could trigger a sharp de-rating. Revenue consistency is the one bright spot — zero dips in five years shows operational resilience. The stock gives back 9.0% in the last month despite a positive three-month run. As a result, the earlier momentum appears to be fading. Revenue grows at 8.4% and the stock moves sideways over three months. Neither side makes a strong case. The next earnings print will likely break this stock out of its current range. Check Fundamentals of LTM Limited.
Information Technology Services
Persistent Systems Limited (persistent) Earns Databricks Brickbuilder Specialization for BFSI
Persistent Systems Limited (PERSISTENT) achieves Databricks Brickbuilder Specialization for BFSI, enhancing AI deployment in financial services.
Persistent Systems Limited (PERSISTENT) announced achieving the Databricks Brickbuilder Specialization for Banking, Financial Services and Insurance (BFSI), reflecting its industry expertise and experience delivering solutions on the Databricks Data Intelligence Platform. This recognition strengthens Persistent’s ability to help financial institutions turn fragmented data and AI pilots into scalable solutions. Certified Databricks talent, reusable accelerators, and established BFSI implementation patterns reduce delivery complexity across risk, fraud, and customer intelligence.
Industry Expertise
Financial Services organizations face growing regulatory scrutiny, more sophisticated financial crime, and rising customer expectations. Yet legacy architectures continue to separate transactional data, risk, and compliance, limiting timely insights and responsible deployment of AI. Persistent addresses this by leveraging the Databricks Data Intelligence Platform to unify financial data into a governed, AI-ready layer. Delta Lake, Unity Catalog, and Mosaic AI support the development, evaluation, and monitoring of data products, models, and AI agents within institutional security and governance requirements.
Enhanced AI Deployment
Persistent’s Merchant Risk Management and Fraud Detection solution, built on Databricks and powered by Agentic AI, enables institutions to shift from reactive fraud controls to predictive, intelligent merchant risk management. Persistent also provides secure, data-grounded GenAI agents for operations, analytics, and compliance, supported by evaluation and monitoring mechanisms designed for accuracy, explainability, and alignment with BFSI workflows.
Source: NSE Corporate Announcement
Fundamental & Technical Analysis of Persistent Systems Limited
Persistent Systems Limited belongs to the Technology › Information Technology Services sector. Here’s a quick read on where the business and the stock stand today.
Persistent posts a 12.2% three-month gain, but softens in the last few weeks. Revenue grows at 20.9% and profits at 26.5% CAGR. Both numbers are exceptional. Not a single revenue dip or loss quarter in five years — this is a business built to last through cycles. The stock gives back 2.8% in the last month despite a positive three-month run. As a result, the earlier momentum appears to be fading. Revenue grows at 20.9% and profits at 26.5%. The business is in good shape. Moreover, a stock that does not move despite strong fundamentals often offers better value than one already priced for perfection. Check Fundamentals of Persistent Systems Limited.
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