Sagility Share: Stormy boom in smartcap stock today, 70% returns in a month, brokerage also bullish

New Delhi. Last month, the Sagality India stock, who took entry in the stock market, got an upper circuit today and it reached all time high. In the last one month, this share has given 70 percent returns to investors. Brokerage firm Jefferies has introduced coverage of Sagality India and has given it a ‘overweight’ rating. Today, this stock opened at Rs 47.90 at Rs 47.90 against tomorrow’s closed price of 46.60 on NSE. Shortly after the opening, it got an upper circuit of five per cent and this stock reached a record high of Rs 48.93.

The Sagality India shares were listed on November 12 in the stock market at ₹ 31.06. This stock was released to IPO investors at a price of Rs 30. The ₹ 2,106.60 crore IPO of Sagality India was opened till 5-7 November for subscription. This IPO received good response from investors and overall it was 3.20 times the subscribed. This issue was completely offer for sale and no new stock was released in it. After the list on 12 November, the next day i.e. on November 13, a record low of Rs 27.02 came to a low level.

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Jeffers gave a bye rating
The global brokerage firm, Jefferies, has advised to buy the Sagality India shares and has fixed the target price of Rs 52. Brokerage says that the company has a strong presence in the American Healthcare sector. Between FY 2025 to FY 2027, the company’s revenue can increase by 12 per cent annually and the net profit of 40 per cent can increase by a compound rate (CAGR). Jefferies says that due to strong performance and financial reforms, Sagality India will help in maintaining valuation.

In the September quarter, the company recorded a net profit with an increase of 236% on a year-on-year basis. Its consolidated net profit was Rs 117 crore in the quarter under review. Revenue increased by 21.1% to Rs 1,325 crore and Ebita increased by 28.2% to Rs 300 crore. Ebita margin was 22.6% against 21.4%. For the entire financial year 2024, the profit of the sagality increased by 59% to Rs 228.3 crore, which was supported by the reduction in financial cost and other income. However, there was pressure on the operating margin.

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