News

Excelsoft Technologies shares surge 6% after listing. More gains ahead or time to book profits?

Excelsoft Technologies shares rose sharply after a strong D-Street debut on Wednesday. The stock touched an intraday high of Rs 142.65 on the BSE, after debuting at Rs 135 against an IPO price of Rs 120. With FY25 PAT up 172% and strong SaaS growth, analysts say that investors may book partial profits while holding for medium-term gains amid client concentration and valuation risks.