Jefferies boosts Sagility India's stock to an all-time high with a 'buy' rating, predicting strong growth.

Sagility India's stock hit an all-time high after Jefferies gave it a 'buy' rating and set a target price of ₹52, suggesting an 18% potential upside. The brokerage expects the company to achieve a 12% annual revenue growth and 40% profit growth over the next three years, driven by normalization of costs and debt reduction. This positive outlook follows Sagility's recent IPO and a 30.5% increase in Q2 profits.

3 months ago
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