- TecDAX announcement comes within a year
of Nagarro's listing
FRANKFURT, Dec. 6, 2021 /PRNewswire/ -- Nagarro, a
global leader in digital engineering, today announced that
it will be added to the Frankfurt Stock
Exchange's prestigious TecDAX index. The TecDAX tracks
the 30 most significant technology stocks traded on
the exchange. Admittance to the list is largely based on
the free-float market capitalization. Nagarro will join
the TecDAX almost exactly one year after being
listed on the stock exchange and nearly six months
after being added to the SDAX index.
Nagarro's inclusion in these indices
has been driven by a strong share
price performance since its listing in December 2020, which in
turn reflects strong business
growth. From the opening price at the time
of the listing, Nagarro's share
price has grown to over 2.5x in value.
"We are proud to join an index that includes companies such
as SAP," said Anurag Sahay, Managing
Director. "At the same time, we see this as simply another
milestone on a long, rewarding journey for Nagarro. We
look forward to more such milestones."
About Nagarro:
Nagarro, a global digital engineering leader, helps clients
become innovative, digital-first companies and thus win in their
markets. The company is distinguished by its entrepreneurial,
agile, and global character, its CARING mindset, and its approach
of thinking breakthroughs. Nagarro employs over 12,000 people in 27
countries.
For more information, visit www.nagarro.com.
FRA: NA9 (SDAX, ISIN DE000A3H2200, WKN A3H220)
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