Small-cap stock under ₹50: Shares of SC Agrotech Limited hit the upper circuit during Thursday’s intraday trading session , building on gains made over the past few trading sessions. The small-cap stock has surged nearly 15% over the last week.
The sharp rally in agricultural products came amid investor enthusiasm following the corporate earnings announcement by SC Agrotech Limited.
The rally in the small-cap stock has helped it break a key resistance point amid optimism around the Q2FY27 result announcement, highlighted Mahesh M Ojha, VP-Research and Business Development at KC Securities.
According to the expert, investors may consider a stop-loss for SC Agrotech Limited at ₹34 per share, and the scrip may see resistance near ₹39.80 per share. A sustained breakout from that mark would help SC Agrotech stock find support near ₹42 per share. Investors can consider profit booking after ₹45 apiece, as per the expert.
SC Agrotech Limited’s net profit zoomed to ₹1,021.01 lakh in Q2FY27 against a net profit of ₹21.21 crore reported in Q2FY26. Its net profit stood at ₹955.90 lakh in Q1FY27. The company’s net revenue from operations surged to ₹4,525.94 crore during the quarter under review, up from ₹501.69 lakh.