The stock of this merchant banker has zoomed 226% in five weeks

Galactico Corporate Services hit a new high of Rs 249.65 and was locked in upper circuit of 5 per cent for 14 straight trading days.

Shares of Galactico Corporate Services hit a record high of Rs 249.65, up 5 per cent on the BSE in Wednesday’s trade, zooming over 200 per cent in the past five weeks.

The stock of this merchant banker was locked in upper circuit of 5 per cent for the 14 straight trading days. In the past two weeks, the market price of the company skyrocketed 226 per cent from Rs 76.65 that it had touched on April 27, 2022.

Galactico Corporate Services is engaged in investment banking and issue management activities. The company provides services to mid-cap, small