MediumPositive
Announced Tue, 30 Jun · 11:20 IST
Saksoft shares rally 50% in one week. Here's what technical charts indicate
Price reaction · full curve
Awaiting price reaction for this filing.
AI summary
Saksoft shares surged around 50% in one week, trading at Rs 209.49 on NSE and rebounding 95% from its May low of Rs 107.59. The rally was supported by Q4 FY26 results showing consolidated net profit of Rs 35.93 crore, up nearly 20% YoY, on operating income of Rs 248.84 crore. Technical analysts flagged a decisive breakout with RSI at 83 indicating overbought conditions, bullish MACD signals, and immediate support placed at Rs 170-165.