Smallcap stock under Rs 50: Shares surge over 9% on fresh BIS certification - Details

Shares of the iron and steel products company surged over 9 per cent on Monday, i.e. on May 12, 2025, after the company informed exchanges that the company has received a prestigious certification from the Bureau of Indian Standards (BIS), India’s national standards authority. The stock opened gap-up with a gain of 5.18 per cent at Rs 29.45 on the BSE against the previous close of Rs 28.02. The scrip zoomed further to touch the intraday high of 30.65 - a surge of 9.46 per cent. Last seen, the counter was trading at Rs 30.01 with a gain of 7.10 per cent.

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