India's Sagility hits record high after Jefferies starts with 'buy'

Sagility

23/12/2024 06:13

** Sagility  SAGL.NS  rises as much as 4.6% to a record high
of 47.3 rupees; set for sixth straight session of gains
    ** Jefferies initiates with "buy"; PT of 52 rupees
    ** Expects healthcare business process management co to
achieve robust growth over FY25-FY27, projecting a CAGR of 12%
in rev and 40% in PAT
    ** Says SAGL can continue to beat market growth driven by
scope to mine existing clients, scale up new mid-market accounts
and mergers and acquisitions
    ** Adds co's deep domain expertise and end-to-end service
offerings position it well to gain market share
    ** Stock up 60% since listing in mid-November

 (Reporting by Ashna Teresa Britto in Bengaluru)
 ((AshnaTeresa.Britto@thomsonreuters.com))