Nagarro stock trades 2.72 percent below the cash offer

Nagarro stock stood at EUR 78.80 on the Frankfurt Stock Exchange on September 24, 2026, down 0.32 percent for the session and 2.72 percent below Persistent Systems' EUR 81.00 cash offer. The takeover has secured a decisive majority, giving investors a clear reference point for the remaining acceptance period.

Persistent secures 83.25 percent

According to The Economic Times on September 22, 2026, Persistent Systems' subsidiary lifted its total Nagarro holding to 83.25 percent after acquiring an additional 61.15 percent stake. The initial acceptance period ended on September 17, 2026, and the additional acceptance period runs from September 23 to October 6, 2026.

The offer is a cash payment of EUR 81.00 per share. Persistent expects transaction completion by the end of the first quarter of 2027 and intends to pursue a delisting from the regulated market, according to The Economic Times.

H1 revenue reaches EUR 501 million

Nagarro's operating backdrop remains visible in its first-half figures. Quartr reports H1 2026 revenue of EUR 501 million, up 0.3 percent in euro terms and 4.2 percent in constant currency from the prior-year period. Q2 revenue rose 2.0 percent in constant currency.

Adjusted EBITDA reached EUR 69.1 million in H1 2026, while the adjusted EBITDA margin was 15.0 percent in Q2. The combination of modest euro-denominated revenue growth and a double-digit adjusted EBITDA margin makes the EUR 81.00 offer the central market benchmark for the stock.

Stock remains below the offer

Nagarro's closing price of EUR 78.80 on September 24, 2026, was EUR 2.20 below the cash offer, while the company's market capitalization stood at EUR 975,231,243. The 52-week range was EUR 33.12 to EUR 80.50, placing the stock EUR 1.70 below its yearly high.