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The surge in stock price came after the company announced that it has executed a Share Purchase Agreement to acquire 100 per cent equity interest in Augmento Labs Private Limited
Thus far in the current calendar year 2023, the stock price of Saksoft has nearly doubled or zoomed 99 per cent, as compared to 2 per cent decline in the S&P BSE Sensex.
Saksoft has fixed Monday, September 26, 2022 as the 'record date' to ascertain the eligibility of shareholders entitled for sub-division of equity shares.
The stock has rallied 14% to Rs 343, extending its 6% gain on the BSE in past two days, after the rating agency CARE Rating upgraded the long-term bank facilities of the company with positive outlook.
The stock was up 16% to Rs 315 on the NSE in intra-day trade, surging 39% from Rs 226 on Monday.
The stock surged 13% to Rs 252 in intra-day trade