In a recent development, a promoter has purchased 14,06,361 shares of a penny stock valued at under Rs 25. This heavy buying activity has caused the stock of SAP Support Services provider to surge over 15 percent today. The increase in share price comes after the company announced stellar results. The news of the promoter’s significant purchase has generated positive sentiment among investors, leading to a bullish trend in the stock price. This development highlights the confidence of the promoter in the company’s future prospects and has contributed to the overall positive momentum in the stock.