For the fourth straight session, Starlineps Enterprises share had good momentum. On Wednesday, August 21, early trade on the BSE saw the share locked in its 5% upper circuit of ₹145.75. Since last Friday, the stock has increased significantly, rising by 10% per day. With today’s high of ₹145.75, the stock has increased by over 40% in just four days.
After the stock reached its 52-week high of ₹185.80 on Tuesday, August 13, there was a significant profit booking. But after two sessions of drubbing, it soon started to march upward again. Since hitting its 52-week low of ₹83.30 on March 14 of this year, the stock has increased by 75%.
The company’s announcements on its strategic investments in artificial intelligence (AI) technologies and order wins may have contributed to the current increase in stock price.
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