Shares of aerospace player Aequs rallied another 12% on Wednesday, extending their two-day gain to nearly 17%, after brokerages initiated coverage with bullish calls, seeing up to 83% upside from current levels.
Aequs shares soared to a fresh lifetime high of Rs 271 apiece on the NSE on Wednesday. The sharp gains added more than Rs 2,626 crore to the small-cap company's market capitalisation, taking it to nearly Rs 18,200 crore.