SYNOPSIS: S A Tech Software India secured a two-year contract worth approximately Rs. 100 crores from a leading US-based advanced mobility solutions provider, as disclosed in its latest NSE filing.

During Friday’s trading session, shares of a company involved in providing application development, mobile app development, cloud infrastructure, IoT solutions, data science, and other allied services hit a 20 percent upper circuit on NSE, after securing a 2-year contract worth nearly double its market cap.

With a market cap of Rs. 56 crores, shares of S A Tech Software India Limited hit a 20 percent upper circuit at Rs. 42.7 on NSE, as against its previous closing price of Rs. 35.6. Additionally, the stock is currently trading at a discount of more than 72 percent from its 52-week high of

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