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Shares of this IT Company has zoomed 87% thus far in December

Shares of Ceinsys Tech were locked in the 20 per cent upper circuit for the second straight day, at Rs 253.25, hitting a record high on the BSE in Friday's trade

stock market, funds, profit, growth
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SI Reporter Mumbai
Shares of Ceinsys Tech (formerly ADCC Infocad) were locked in the 20 per cent upper circuit for the second straight day, at Rs 253.25, hitting a record high on the BSE in Friday's trade.

In the past two trading days, the stock of the information technology (IT) consulting & software company has surged 44 per cent after the announced acquisition of Allygrow Technologies Private Limited, a technology driven company having presence in US, Europe and India and specializing in product design and robotics automation (manufacturing engineering) services.

Trading volumes on the counter jumped multi-fold, with 80,000 equity shares

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First Published: Dec 24 2021 | 11:51 AM IST

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