Small-cap stock below ₹50 jumps 4% after Q2 result; do you own?

Small-cap stock: Vishal Fabrics share price rose as much as 4 per cent in morning trade on BSE on Monday, October 28, boosted by its September-quarter earnings.

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Small-cap stock: Vishal Fabrics share price rose as much as 4 per cent in morning trade on BSE on Monday, October 28, boosted by its September-quarter earnings. Shares of the company opened at ₹ 29.40 against its previous close of ₹ 28.

29 and jumped nearly 4 per cent to the level of ₹ 29.40. Shares of the company, however, erased most gains and traded 0.



74 per cent higher at ₹ 28.50 around 12 pm. After market hours on Friday, October 25, reported a consolidated profit of ₹ 7.

3 crore for the September 30, 2024 quarter. In the same quarter last year, the company's profit was ₹ 12.07 crore.

However, in the June quarter of the current financial year, the company's profit stood at ₹ 4.8 crore. Revenue from operations for the quarter under review stood at ₹ 384.

78 crore against ₹ 724.70 crore YoY and ₹ 339.92 crore QoQ.

(More to come).