Saksoft Share Price | This stock is Kuber's treasure, gave a return of 2500% in just 4 years – Hindi News
Saksoft Share Price | IT services management company SACsoft Limited witnessed a strong rally on Thursday, September 19. During trading, the company's shares rose by 12 percent and reached a new 52-week high of Rs 319. At the end of trading, the company's stock closed at Rs 298 with a gain of 4.19 percent on the BSE. In about four years, the company's shares have risen by more than 2,500 percent. (Sacosoft Limited Company Excerpt)
The company is giving 1 share free for every 4 shares
The company's shares traded at a ratio of 1:4 on September 19, the ex-date of the bonus issue. In August, the company had announced bonus shares in the ratio of 1:4. The face value of the stock is Rs 1.
Saxoft Limited Share Price History
If we look at the history of this stock, the company's shares have climbed by about 45 percent in a week. In the last two years, the share price has increased from Rs 102 to Rs 319. In the last decade, it has given a bumper return of 8,000 percent. On April 3, 2020, the price of one share was Rs 12.
The company acquired Augmento Labs
In June 2024, Saxoft Limited entered into a share purchase agreement to purchase 100% equity interest in digital engineering company Augmento Labs Private Limited. Upon completion of the purchase, Augmento Labs will become a wholly-owned subsidiary of Saxoft, the company said.
What does the company do?
SACsoft Limited is a global digital transformation solutions partner for fintech, transportation and logistics, telecom and utilities, retail e-commerce and healthcare customers worldwide. It assists its customers in application engineering, quality insurance and testing, data analytics, cloud, infrastructure and cybersecurity services.
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