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Bloomberg Quint

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Image Credit: Bloomberg Quint

Stock Of The Day: Sagility's 65% Rally Has More Legs Before Likely February Hiccup

  • Sagility India Ltd. has seen a 66% rally since its debut on Nov. 12.
  • Top brokerages expect double-digit revenue growth for Sagility due to structural tailwinds and deep domain expertise.
  • The stock is currently trading above key moving averages and could rally to Rs 54.
  • The second lock-in period for anchor investors will end on Feb. 6, potentially leading to a temporary setback.

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