Sagility Shares Surge 8% Amid Nomura's 'Buy' Rating and 40% Upside Prediction

Sagility shares jumped 7.9% on BSE, reaching a high of ₹40.22 per share. Nomura initiated coverage with a 'Buy' rating and a target price of ₹55, implying a 40% upside from current levels. The brokerage believes Sagility is well-positioned to capitalize on the growing demand for technology-enabled solutions in the US healthcare sector, driven by margin pressures and regulatory complexities faced by American health insurance companies and providers.