Shares of enterprise tech unicorn Rategain soared 8.4% to INR 541.65 apiece during the intraday trading session on the BSE today (February 20), a day after marking its 52-week low of INR 475.25 per share.
The stock was last up 2.8% at INR 513.45 per share on the BSE, as of 01:32 PM, compared to its previous close of INR 499.65 apiece yesterday (February 19).
It is observed that the stock has been on a downward trend, ending the past ten sessions consecutively in red, of which the stock hit its 52-week low in the last four consecutive trading sessions.
To note, in the past 12 months, the stock has lost more than 39% in value.
Market capitalisation of the company currently stands at INR 6,143.40 Cr, with nearly 11 Lakh shares traded hands.
(The story will be updated soon.)