Small-cap stock to buy after Q2 Results 2026: The key benchmark indices continue to remain under the selling heat for the third straight session on Thursday. The Nifty 50 index finished 123 points lower at 22,687, the BSE Sensex corrected 460 points and closed at 73,249, while the Bank Nifty index went off 51 points and ended at 54,925. However, some stocks showed resilience against this continuous Indian stock market crash. Recently listed Varmora Granito shares are among them. The small-cap stock with a market cap of around ₹3,000 crore, attracted buying interest on Thursday despite weak trends on Dalal Street and finished 1.60% higher at around ₹135 apiece on the NSE.
According to stock market experts, the small-cap stock is attracting buying interest after reporting strong Q2FY27 and H-1FY27 numbers. They said the company is in the tile manufacturing business, which was severely hit by a natural supply gap amid the ongoing Middle East crisis. However, the company came through the supply chain crisis and reported strong numbers. They said that the stock may touch ₹170 once it decisively breaks above the ₹146 hurdle.
Highlighting the reason for resilience shown by the small-cap stock despite weak trends on Dalal Street, Anujm Gupta, a SEBI-registered market analyst, said, “The company had reported strong Q2 and H-1 earnings on Monday. This was cheered by bulls on Monday, and the stock finished higher, showing resilience against the selling pressure in the key benchmark indices. The company has reported around 500% YoY growth in the net profit in the first half of the recently ended September 2026 quarter. The company's revenue grew both in YoY and Qoq terms.”
On why these earnings are cheered by Dalal Street bulls, Mahesh M Ojha, VP — Research and Business Development at KC Securities, said, “The small-cap company is a tile maker company. The industry they belong to is facing an acute natural gas supply crisis, but the company has managed to handle the crisis well despite the persisting Middle East crisis.”
Decoding the technical chart of the small-cap stock, Mahesh M Ojha of KC Securities said, “The stock has strong support at ₹124, whereas it is facing resistance at ₹146. On breaking above ₹146 on a closing basis, we can expect the small-cap stock to come close to ₹170.”