Sagility India share price hits 5% upper circuit for second straight session; stock jumps over 71% from IPO price
Sagility India share price was locked in at 5% upper circuit to a new high of ₹51.35 apiece on Thursday, extending its gaining streak for the eight straight session. Sagility India stock price has jumped over 29% in the past eight sessions amid heavy buying.
The recently listed Sagility India shares have rallied more than 71% from their issue price and over 65% from its listing price.
Sagility India shares made their stock market debut on November 12, listing at ₹31.06 on the BSE and NSE, a 3.5% premium over the issue price of ₹30.
Brokerages bullish on Sagility India
The recent rally in Sagility India shares came after last week global brokerage firm Jefferies initiated coverage on the stock with a ‘Buy’ rating and a target…
