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

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