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Shares of Singer India logged major gains for the second consecutive session today after late investor Rakesh Jhunjhunwala's firm RARE Enterprises purchased 42.5 lakh shares at Rs 53.35 per unit via a bulk deal on BSE. Singer India shares opened with a gain of 8.46 per cent at Rs 75 against the previous close of Rs 69.15 on BSE. Later, the stock hit an intraday high of Rs 82.50, rising 19.30 per cent on BSE. Stock of Singer India has gained 59.53 per cent in one year and risen 36.33 per cent since the beginning of this year. Market cap of the firm rose to Rs 441.81 crore on BSE. Total 42.83 lakh shares of the firm changed hands amounting to a turnover of Rs 33.88 crore. The stock hit a 52-week high of Rs 91.50 on October 29,2021 and a 52-week low of Rs 38.10 on June 20, 2022.